Shakti Polytarp SME IPO GMP History
Shakti Polytarp SME IPO has been listed on September 22, 2026 at a listing price of ₹58.9, against the issue price of ₹59 — a loss of ₹0.1 (-0.17%). The GMP peaked at ₹10 on 22 September 2026 and reached a low of ₹5 on 19 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Shakti Polytarp SME IPO raised ₹26.93 Cr. through its IPO at a price band of ₹56 to ₹59 per share, with a lot size of 2000 shares. The IPO was open for subscription from 15 Sep 2026 to 17 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 23 Sep, 6:30 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 22 Sep 2026 | ₹ 10 | — | 16.95% | — | ₹ 9100 |
| 21 Sep 2026 | ₹ 10 | ▲ | 16.95% | — | ₹ 9100 |
| 20 Sep 2026 | ₹ 6 | ▲ | 10.17% | — | ₹ 9100 |
| 19 Sep 2026 | ₹ 5 | — | 8.47% | — | ₹ 9100 |
| 18 Sep 2026 | ₹ 5 | ▼ | 8.47% | — | — |
| 17 Sep 2026 | ₹ 6 | — | 10.17% | — | — |
Shakti Polytarp SME IPO dates
Key dates from opening to listing. Today is 25 October.
- Open 15 Sep 2026
- Close 17 Sep 2026
- Allotment 18 Sep 2026
- Refund/credit 21 Sep 2026
- Listing 22 Sep 2026
Shakti Polytarp SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹59 |
|---|---|
| GMP-based estimate (pre-listing) | ₹69 (+16.9%) |
| Listing gain / loss | −₹0.1 per share |
| Listing date | 22 Sep, 2026 |
| Actual listing price | ₹58.9 (-0.17%) |
Is Shakti Polytarp SME IPO GMP reliable?
Grey market premium for Shakti Polytarp SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Shakti Polytarp SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Shakti Polytarp SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Shakti Polytarp SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹9100. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Shakti Polytarp SME IPO
Shakti Polytarp Ltd was set up in March 2018. It makes tarpaulins and other plastic based products including shade nets. A tarpaulin is a water resistant sheet used to cover and protect goods, equipment and material from rain, moisture and sunlight.
It makes its tarpaulins from polypropylene granules along with linear low density, low density and high density polyethylene. The sheets come in different sizes, colours, thicknesses and specifications as the customer asks, and the company places particular emphasis on six-layer and eight-layer tarpaulins, which are the more durable grades. Its products are sold under the brand name Dinotarp.
Its tarpaulins are used across agriculture, construction, automotive, transportation and logistics, consumer goods and other industries. The company works mainly business to business, supplying bulk orders to industrial customers, while also selling to individual consumers. Alongside making tarpaulins it also sells plastic granules, which are the raw material used in that manufacturing. It offers design and customisation depending on what the product will be used for.
Frequently asked
What is the GMP of Shakti Polytarp SME IPO?
The current Grey Market Premium (GMP) of Shakti Polytarp SME IPO is ₹ 10.
What is the Kostak Price of Shakti Polytarp SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shakti Polytarp SME IPO is not available.
What is the Subject to Sauda Price of Shakti Polytarp SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹9100.
What was the actual listing price of Shakti Polytarp SME IPO?
Shakti Polytarp SME IPO listed on September 22, 2026 at ₹58.9, against the issue price of ₹59 — a loss of -0.17%.
How did the GMP of Shakti Polytarp SME IPO trend before listing?
The GMP of Shakti Polytarp SME IPO was stable in its final days before listing. The GMP peaked at ₹10 on 22 September 2026. View the day-wise table above for the complete GMP history.
Explore Shakti Polytarp SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
