Shakti Polytarp IPO Subscription Status Day 3: Issue Subscribed 11.87 Times

Authored By HDFC SKY | Published at: Sep 17, 2026 06:45 PM IST

Shakti Polytarp IPO Day 3 subscription reached 11.87 times, with Retail at 4.12x, NII at 5.43x and QIB (Ex Anchor) at 49.22x as of September 17, 2026.

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Mumbai, September 17: Shakti Polytarp IPO entered its third and final day of bidding on September 17, 2026. The bookbuilding issue opened on September 15 and is scheduled to close on September 17. The IPO is entirely a fresh issue of 45.64 lakh shares aggregating up to ₹26.93 crore. The price band has been fixed at ₹56 to ₹59 per share. The lot size is 2,000 shares. Individual investors can apply for a minimum of two lots, or 4,000 shares, requiring ₹2,36,000 at the upper end of the price band.

Shakti Polytarp IPO was subscribed 11.87 times by 5:53:35 PM on September 17, 2026, according to the subscription data available on Day 3.

Shakti Polytarp IPO Day 3 Subscription Status

Subscription Category	Subscription
Total	11.87x
Individual Investors	4.12x
NII/HNI	5.43x
QIB (Ex Anchor)	49.22x
Anchor Investor	1.00x
Market Maker	1.00x

The public portion received bids for 4,16,90,000 shares against 35,12,000 shares offered for subscription, excluding the anchor investor and market maker portions.

Category-wise Shakti Polytarp IPO Subscription Status

Category	Shares Offered	Shares Bid For	Subscription
Anchor Investor	8,22,000	8,22,000	1.00x
Market Maker	2,30,000	2,30,000	1.00x
QIB (Ex Anchor)	5,64,000	2,77,62,000	49.22x
NII/HNI	13,68,000	74,24,000	5.43x
bNII (>₹10L)	9,12,000	55,76,000	6.11x
sNII (<₹10L)	4,56,000	18,48,000	4.05x
Individual Investors	15,80,000	65,04,000	4.12x
Total	35,12,000	4,16,90,000	11.87x

The subscription figures are calculated using the upper price of the issue price range. The anchor investor and market maker portions are not included in the total shares offered for subscription. The market maker portion is also excluded from the NII/HNI category.

Shakti Polytarp Day-wise Subscription Summary

The overall subscription stood at 0.64x on Day 1 and 0.72x on Day 2 before reaching 11.87x on Day 3.

Date	QIB (Ex Anchor)	NII	NII (>₹10L)	NII (<₹10L)	Individual Investors	Total
September 15, 2026 (Day 1)	0.00x	1.51x	2.11x	0.30x	0.11x	0.64x
September 16, 2026 (Day 2)	0.00x	1.55x	2.08x	0.49x	0.26x	0.72x
September 17, 2026 (Day 3)	49.22x	5.43x	6.11x	4.05x	4.12x	11.87x

Shakti Polytarp IPO Timeline

IPO Milestone	Date
Issue Open Date	September 15, 2026
Issue Close Date	September 17, 2026
Basis of Allotment Date	September 18, 2026
Initiation of Refunds	September 21, 2026
Credit of Shares	September 21, 2026
Listing Date	September 22, 2026

Brief Overview Of The Shakti Polytarp IPO

Shakti Polytarp IPO is a bookbuilding issue of ₹26.93 crore comprising a fresh issue of 45.64 lakh shares. The IPO opened for subscription on September 15, 2026, and closes on September 17, 2026.

The price band is ₹56 to ₹59 per share, with a lot size of 2,000 shares. The minimum application for individual investors is two lots, or 4,000 shares, amounting to ₹2,36,000 at the upper price band. The minimum HNI application is three lots, or 6,000 shares, requiring ₹3,54,000 at the upper price.

The IPO will be listed on the BSE SME platform, with the tentative listing date set for September 22, 2026. NEXGEN Financial Solutions Pvt. Ltd. is the book running lead manager, while Skyline Financial Services Pvt. Ltd. is the registrar to the issue. Prabhat Financial Services Ltd. is the market maker.

Source:

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

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