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Home/IPO/Shree TNB Polymers IPO
Updated: 29-Sep 22:34
Shree TNB Polymers

Shree TNB Polymers IPO

OpenBSE SME

Listing at: BSE SME • Sr. No. 132/1/1/4,Behind Prince PipesAthalroadSilvassa, Dadra and Nagar Haveli and Daman and Diu, 396230

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹0 (0%)
Rating:1/5
Est. Listing Price
₹53
Est. Gain: –
Est. Profit / Lot
₹0
Per Retail Application
Price Band
₹53
Face Value: ₹10
Min. Retail Inv.
₹1,06,000
Lot: 2000 Shares
Total Subscription
0.42x
Anchor: Yes

Shree TNB Polymers IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
29 Sept 2026₹53₹00.00%+₹00.42xFlat
28 Sept 2026₹53₹00.00%+₹00.29xFlat
27 Sept 2026₹53₹00.00%+₹0-Flat
26 Sept 2026₹53₹00.00%+₹0-Flat
25 Sept 2026₹53₹00.00%+₹0-Flat
24 Sept 2026₹53₹00.00%+₹0-Flat
23 Sept 2026₹53₹00.00%+₹0-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Shree TNB Polymers IPO Details

IPO Date28 Sept 2026 to 05 Oct 2026
Listing AtBSE SME
Face Value₹10 per share
Price Band₹53
Lot Size2000 Shares
Total Issue Size₹31.80 Cr(₹1,255.57 Cr)
Fresh Issue60.00L shares (₹30 Cr)
Offer for Sale (OFS)Nil
Issue TypeSME Issue

Shree TNB Polymers IPO Timetable

IPO Open Date28 Sept 2026
IPO Close Date05 Oct 2026
Basis of Allotment06 Oct 2026
Initiation of Refunds07 Oct 2026
Credit of Shares to Demat07 Oct 2026
Listing Date08 Oct 2026
Cut-off time for UPI Mandate5 PM on 05 Oct 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Shree TNB Polymers IPO Reservation

CategoryReservationShares Offered
QIB Shares Offered49.93%28,46,000
− Anchor Investor Shares Offered–17,06,000
− QIB (Ex. Anchor) Shares Offered–11,40,000
NII (HNI) Shares Offered15.05%8,58,000
− bNII > ₹10L Shares Offered–5,76,000
− sNII < ₹10L Shares Offered–2,82,000
Retail Shares Offered35.02%19,96,000
Market Maker Shares Offered–3,00,000

Shree TNB Polymers Anchor Details

PDF
Anchor Bid Date25 Sept 2026
Anchor Shares Offered17,06,000 Shares
Total Anchor Portion₹9.04 Cr
Lock-in 50% End Date30 Oct 2026 (30 Days)
Lock-in Rem. 50% Date29 Dec 2026 (90 Days)

Shree TNB Polymers IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Individual investors (IND) (Min)2 Lots Shares₹2,12,000–
Individual investors (IND) (Max)2 Lots Shares₹2,12,000–
S-HNI (Min)3 Lots Shares₹3,18,000–
S-HNI (Max)9 Lots Shares₹9,54,000–
B-HNI (Min)10 Lots Shares₹10,60,000–

Shree TNB Polymers Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Shree TNB Polymers IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:0.42x
03:31 am
Investor CategoryShares OfferedShares BiddedSubscription Times
QIBs11,40,0004,72,0000.41x
HNIs8,58,0002,70,0000.31x
bHNI5,72,0002,40,0000.42x
sHNI2,86,00030,0000.10x
Individual19,96,0001,00,0000.05x
Total39,94,0008,42,0000.21x

Shree TNB Polymers Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
31 Mar 2026₹145.26 Cr₹198.31 Cr₹7.13 Cr₹19.20 Cr₹55.68 Cr–
30 Mar 2026₹145.26 Cr₹198.31 Cr₹7.13 Cr₹19.20 Cr₹55.68 Cr–
31 Mar 2025₹127.38 Cr₹175.70 Cr₹5.77 Cr₹15.47 Cr₹48.55 Cr₹38.50 Cr
30 Mar 2025₹127.38 Cr₹175.70 Cr₹5.77 Cr₹15.47 Cr₹48.55 Cr₹38.50 Cr
31 Mar 2024₹105.03 Cr₹207.97 Cr₹5.03 Cr₹15.22 Cr₹34.21 Cr₹35.82 Cr
30 Mar 2024₹105.03 Cr₹207.97 Cr₹5.03 Cr₹15.22 Cr₹34.21 Cr₹35.82 Cr

Shree TNB Polymers Key Valuation & Financial KPIs

ROE13.69%
ROCE16.02%
Debt / Equity0.80x
P/E (Post IPO)15.87
EBITDA Margin9.69%
Market Cap₹113.1 Cr

Shree TNB Polymers IPO Analysis

Review the company's key advantages and material business risks.

Strengths & Positives

Competitive advantages and operational merits

  • Shree TNB Polymers Limited was incorporated on March 07, 2007, under the Companies Act, 1956. The Company is engaged in polymer manufacturing, offering plastic piping systems, HDPE and PVC pipes, irrigation solutions, and polymer sheets for infrastructure, industrial and agricultural applications.

  • The Company’s business originated from partnership-based units, including Noble Polymers (1995), Tirupati Plastic Industries (2000) and Balaji Polymers (2004). In 2007, Shree TNB Polymers Limited was incorporated to bring these business operations under one organisation.

  • With 30+ years of industry experience, the Company operates manufacturing facilities in Silvassa and has developed modern production capabilities, planned infrastructure and an in-house quality testing laboratory. Its products are manufactured to meet ISI, ISO and DIN standards.

  • The Company offers HDPE and PVC piping systems, micro-irrigation solutions, valves, fittings and polymer sheets and profiles, serving infrastructure, agricultural and industrial applications. It focuses on reliable, cost-effective and durable products along with sustainable manufacturing and efficient resource utilisation.

  • Diversified Product Portfolio: Offers HDPE, PP/PPH, DWC, sprinkler and drip irrigation pipes and fittings, along with solid industrial and Well pack sheets, catering to diverse industrial and packaging applications.

  • Strong Customer & Distribution Relationships: Maintains relationships with customers, dealers and distributors through competitive pricing, strategic sourcing, local procurement, efficient processes and after-sales support.

  • Quality Products & Certifications: Manufacturing and quality systems are supported by BIS and ISO certifications, including standards for water supply, sewerage, DWC, drip irrigation, lateral and sprinkler pipes, reflecting quality and regulatory compliance.

  • Delayed Statutory Payments: There have been delays in payment of statutory dues, including Income Tax, GST and Provident Fund. Such delays may attract penalties and adversely affect financial condition and cash flows.

  • Delayed Statutory Filings: The Company has had delays, non-filings and non-compliances with certain Registrar of Companies requirements. Future penalties, fines or regulatory actions could adversely affect its financial position, operations or reputation.

About Shree TNB Polymers Limited

Shree TNB Polymers IPO is a book build issue of ₹31.80 crores. The issue is entirely a fresh issue of 60.00 lakh shares of ₹31.80 crore.Shree TNB Polymers IPO bidding opened for subscription on Sep 28, 2026 and will close on Oct 5, 2026. The allotment for the Shree TNB Polymers IPO is expected to be finalized on Oct 6, 2026. Shree TNB Polymers IPO will list on the BSE SME with a tentative listing date fixed as Oct 8, 2026.Shree TNB Polymers IPO is set issue price band at ₹50 to ₹53 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,12,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,18,000.Corporate Makers Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Asnani Stock Broker Pvt.Ltd.Refer to Shree TNB Polymers IPO RHP for detailed Information.

Incorporated on March 07, 2007, Shree TNB Polymers Limited is a Silvassa-based polymer manufacturing company specializing in piping systems and plastic solutions. The Company’s products are designed to meet the evolving demands of critical applications such as irrigation and agriculture, potable water supply schemes, sewerage and drainage systems, telecom cable protection, construction, and industrial usage. The company offers a diversified product portfolio comprising HDPE pipes & fittings, PP (Polypropylene) and PPH (Polypropylene Homopolymer) pipes & fittings, Double Wall Corrugated (DWC) pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets and Well pack sheets for packaging and industrial applications. It operates two manufacturing facilities at Silvassa across 23,028 sq. mtrs. with a combined installed capacity of 24,000 MT per annum, supported by in-house quality testing laboratories and BIS/ISO certifications across multiple Indian Standards. As of March 31, 2026, the company employed 318 full-time employees and maintained a 325+ dealer/distributor network across India, with exports to UAE, Sri Lanka, Oman, and Germany. As at July 31, 2026, we had 298 full-time employees and 39 contract labourers. • Strong promoter-driven business with deep market understanding and relationships. Established presence in the polymers/trading/manufacturing segment with long-standing industry experience. • Diversified product portfolio catering to multiple industrial applications • Cordial relationship with the customers/ dealers/ distributors and established manufacturing facilities • Quality Products with Certifications

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets RatioN/AThreshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Shree TNB Polymers IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
MUFG Intime India Pvt.Ltd.Live Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Shree TNB Polymers IPO Registrar & Lead Managers

Registrar of the Issue
MUFG Intime India Pvt.Ltd.
022-49186000
Book Running Lead Managers (BRLM)
  • Corporate Makers Capital Ltd.
Registered Office

Sr. No. 132/1/1/4,Behind Prince PipesAthalroadSilvassa, Dadra and Nagar Haveli and Daman and Diu, 396230