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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Capital Expenditure Requirements
Funding capital expenditure towards setting up new manufacturing machinery, including blown-film and knitting lines, and expanding plant infrastructure at Nimrani, Madhya Pradesh.
General Corporate Purposes
Supporting general corporate requirements, issue management expenses, and operational contingencies.
(₹ in Crore)
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Shakti Polytarp Limited, established in March 2018, is an Indian manufacturer specializing in high-performance polymer products headquartered in Indore, Madhya Pradesh. Operating under its registered brand Dinotarp, the company produces multi-layer protective materials utilizing high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), and polypropylene (PP) resins. Its commercial offerings encompass heavy-duty weather-resistant tarpaulins, industrial plastic coverings, and protective agricultural shade nets engineered for outdoor weather endurance. The enterprise runs an integrated manufacturing facility covering approximately 2 lakh square feet located in Nimrani, Khargone district, Madhya Pradesh. The plant is equipped with high-speed polymer extrusion tapelines, circular weaving looms, and specialized lamination machinery capable of processing plastic resins into finished industrial rolls and custom-fitted tarpaulin sheets. Shakti Polytarp operates primarily through a business-to-business model, supplying commercial businesses, logistics operators, and industrial distributors while employing over 110 full-time staff members. Its technical product range supports diverse applications across agriculture, infrastructure projects, freight logistics, and industrial packaging. By focusing on multi-layer extrusion capabilities and strengthening its domestic supply network, the company aims to fulfill rising demand for protective coverings in agricultural storage, transportation logistics, and infrastructure developments throughout India.
Shakti Polytarp Limited raised Rs 4.85 crore from 4 anchor investors on September 11, 2026, allocating 8,22,000 equity shares at Rs 59 per share. Key participants included NAV Capital Emerging Star Fund, Venturex Fund I, Aarth AIF Growth Fund, and Tiger Strategies Fund 1.
Source: RHP • Analysis provided for informational purposes
Last Updated: 22 September 2026, 3:00 PM
Integrated Production Facility
Operates an integrated manufacturing plant spanning nearly 2 lakh square feet in Nimrani, Madhya Pradesh, fitted with high-speed extrusion lines and lamination machinery.
Established Brand Footprint
Markets heavy-duty tarpaulins and protective shade nets under the Dinotarp brand across agricultural, construction, transportation, and industrial packaging sectors.
Consistent Financial Expansion
Demonstrated revenue and profitability growth between FY24 and FY26, supported by scaled operational capacity and broader domestic distribution coverage.
Petrochemical Price Volatility
Relies on raw polymer resins such as PP, HDPE, LDPE, and LLDPE, exposing profit margins to international crude oil price fluctuations.
Single Site Operations
Centralizes manufacturing activities at a single facility in Khargone district, Madhya Pradesh, creating operational exposure to localized regional disruptions.
Working Capital Requirements
Business operations demand ongoing working capital management and debt servicing to support inventory levels and interest obligations.
Skyline Financial Services Private Limited
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