Shakti Polytarp IPO Subscription Status Day 1: Issue Subscribed 0.64 Times

Mumbai, September 15: Shakti Polytarp IPO opened for subscription on September 15, 2026, and will remain open until September 17, 2026. The ₹26.93 crore bookbuilding issue comprises an entirely fresh issue of 45.64 lakh shares. The price band has been fixed at ₹56 to ₹59 per share, while the lot size is 2,000 shares. At 5:44:25 PM on September 15, the IPO had received bids for 22,34,000 shares against 35,12,000 shares offered to the public. This translated into an overall subscription of 0.64 times.

The NII portion was subscribed 1.51 times, making it the only category to cross the one-time mark on the opening day. Retail investors subscribed 0.11 times, while the QIB portion stood at 0.00 times.

Shakti Polytarp IPO Day 1 Subscription Status

Subscription activity varied sharply across investor categories on the first day. The NII segment received bids exceeding the shares reserved for the category, while retail and QIB participation remained below their respective offer sizes.

Subscription data as of 5:44:25 PM on September 15, 2026.

Category-wise Shakti Polytarp IPO Subscription Status

The net offer to the public comprises 43,34,000 shares after excluding 2,30,000 shares reserved for the market maker. Of the net offer, 13,86,000 shares are allocated to QIBs, 13,68,000 shares to NIIs and 15,80,000 shares to retail investors.

The issue also includes 8,22,000 shares allocated to anchor investors. These shares are not included in the public subscription calculation.

Shakti Polytarp Day-Wise Subscription Summary

September 15 marked the first day of bidding for the issue. The overall subscription stood at 0.64 times at the latest reported update, with NII participation ahead of the other categories.

Shakti Polytarp IPO Timeline

Brief Overview Of The IPO

Shakti Polytarp IPO is a ₹26.93 crore bookbuilding issue comprising an entirely fresh issue of 45.64 lakh shares. The price band is ₹56 to ₹59 per share and the lot size is 2,000 shares.

At the upper end of the price band, a retail investor would need ₹2,36,000 for one lot of 4,000 shares. The minimum HNI application is three lots, or 6,000 shares, requiring ₹3,54,000 at the upper price.

The issue reservation provides 31.98% of the net offer to QIBs, 31.56% to NIIs and 36.46% to retail investors. A market maker reservation of 2,30,000 shares accounts for 5.04% of the total issue size.

NEXGEN Financial Solutions Pvt. Ltd. is the book-running lead manager, while Skyline Financial Services Pvt. Ltd. is the registrar to the issue. The shares are scheduled to list on the BSE SME platform on September 22, 2026.

Source:

• https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4818&type=IPO&idtype=1&status=L&IPONo=7967&startdt=15%2F09%2F2026