MUMBAI, 15 September 2026 — Shakti Polytarp Limited has a ₹56–₹59 price band for its SME initial public offering, according to the official exchange issue calendar checked at 15 September 2026, 17:30 IST. The exchange calendar showed the issue open, with bidding scheduled through 17 September 2026.

Shakti Polytarp IPO at a glance

Issue status Live on the exchange calendar at the check time
Platform BSE SME — SME
Bid dates 15 September 2026 to 17 September 2026
Price band ₹56–₹59 per equity share
Face value ₹10 per equity share
Bid lot 2,000 shares
Minimum application 4,000 shares; ₹236,000 at the top of the price band
Issue size Up to 4,564,000 shares, aggregating up to about ₹26.93 crore
Issue structure Fresh issue
Lead manager NEXGEN Financial Solutions Private Limited
Registrar Skyline Financial Services Private Limited

Important: Dates, category allocations and post-close milestones can change through exchange notices or prospectus updates. Application amounts above are arithmetic illustrations using the stated minimum quantity and upper price; they are not a recommendation to bid.

Issue structure and investor context

The issue is described as a fresh offer, with a separate market-maker reservation within the total issue. This is an SME-platform offer. SME securities can have larger application sizes, lower secondary-market liquidity and different trading-lot rules than mainboard shares.

A price band is an offer term, not an independent valuation or a forecast of the listing price. Investors should compare the offer valuation, use of proceeds, financial statements, related-party disclosures, litigation, customer concentration, working-capital needs and peer assumptions in the red herring prospectus.

What investors should verify

  • Read the current red herring prospectus and any addendum on the exchange website.
  • Confirm the live bid window, lot rules and UPI or ASBA cut-off with the broker or bank before applying.
  • Use only an exchange, SEBI-registered intermediary or the named registrar for application and allotment checks.
  • Do not treat an unofficial grey-market premium, social-media claim or subscription headline as a guaranteed listing outcome.

Source and methodology

CapKet reconciled the official exchange public-issue calendar and available offer-document fields, then wrote this report independently. The article does not reproduce exchange editorial text and does not use company promotional claims as analysis. The status is a timestamped observation; later allotment and listing reports will be separate articles so this record is not overwritten.

Investment disclaimer: IPO investing can result in partial or no allotment and substantial loss after listing. This report is general news and education, not investment, legal or tax advice, a solicitation, or a recommendation to subscribe.