Shakti Polytarp IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 49.22 |
| NII | 1.51 | 1.55 | 5.43 |
| RII | 0.11 | 0.26 | 4.12 |
| Total | 0.64 | 0.72 | 11.87 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Shakti Polytarp IPO minimum market lot is 4000 shares with ₹2,36,000 application amount. The Shakti Polytarp IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Shakti Polytarp, founded in March 2018, is one of the leading manufacturers of tarpaulins and other plastic-based products. Tarpaulins are water-resistant and durable sheets that are used to protect goods, equipment, and other materials from rain, moisture, sunlight, and other environmental conditions. Its product portfolio includes tarpaulins using Polypropylene (PP) granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), and High-Density Polyethylene (HDPE) in different sizes, colors, thicknesses, and specifications.
Its manufacturing facility is located in Nimrani, Khargone, Madhya Pradesh, spread across approximately 1,98,450 sq. ft. Its facilities are equipped with high-speed extrusion tapelines, extra-wide extrusion lamination machines, high-speed wide-width circular looms, high-strength sealing machines, and recycling machines. Shakti Polytarp sells its products under the “Dinotarp” brand, used across agriculture, construction, automotive, transportation and logistics, consumer goods, and other industries.
Shakti Polytarp IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shakti Polytarp IPO Review and Rating
- May Apply For Long-term View
Shakti Polytarp IPO Form
How to apply for the Shakti Polytarp IPO? You can apply for Shakti Polytarp IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shakti Polytarp IPO in the Invest section. The other option is you can apply for Shakti Polytarp IPO via IPO forms downloaded online. Check out the Shakti Polytarp forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
