Shakti Polytarp IPO Subscription Status
Shakti Polytarp IPO was subscribed 11.2 times when bidding closed on 17 Sep 2026: QIB 49.22x, NII 4.79x, Retail 4.12x.
The Shakti Polytarp IPO has been subscribed 11.2x times overall. Retail investors have shown interest with bids for 4.12x the shares available. The Non-Institutional Investor (NII) category has been subscribed 4.79x. Within NII, Big HNI (B-HNI) subscribed 6.37x and Small HNI (S-HNI) subscribed 4.05x. Qualified Institutional Buyers (QIBs) have subscribed 49.22x. Data last updated on 23 Sep, 06:30 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 15 Sep, 2026 and closes on 17 Sep, 2026. The shares are expected to list on stock exchanges on 22 Sep, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 2,77,62,000 of 5,64,000 11 applications | 49.22x |
| NII | 76,54,000 of 15,98,000 528 applications | 4.79x |
bHNI — bid amount above ₹10 Lakh |
58,06,000 241 applications | 6.37 |
sHNI — bid amount ₹2–10 Lakh |
18,48,000 287 applications | 4.05 |
| Retail | 65,04,000 of 15,80,000 1,601 applications | 4.12x |
| TOTAL | 4,19,20,000 2,140 applications | 11.2x |
Shakti Polytarp IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹59.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 21.00x subscribed | 15 | 15 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
11 | 11 | AllAll allotted |
|
Anchor
Anchor Investors
|
4 | 4 | AllAll allotted |
| NII (HNI) 5.44x subscribed | 528 | 228 | 2 out of 52 out of 5 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
241 | 152 | 2 out of 32 out of 3 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
287 | 76 | 1 out of 41 out of 4 |
| Retail 4.05x subscribed | 1,601 | 395 | 1 out of 41 out of 4 |
| TOTAL 9.91x subscribed | 2,144 | 638 | 2 out of 72 out of 7 |
Shakti Polytarp IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 24.3% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 49.22x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
17 Sep 2026
Day 3 |
11.2x | ▼ | |
|
QIB49.22x
NII4.79x
Retail4.12x
|
|||
|
16 Sep 2026
Day 2 |
0.74x | ▼ | |
|
QIB-
NII1.47x
Retail0.26x
|
|||
|
15 Sep 2026
Day 1 |
0.6x | ▼ | |
|
QIB-
NII1.29x
Retail0.11x
|
|||
Shakti Polytarp SME IPO dates
From the bidding window 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
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Shakti Polytarp IPO?
As of IPO close date (17 Sep, 2026), the Shakti Polytarp IPO is subscribed 11.2x times. Retail category is 4.12x, and NII is 4.79x subscribed.
When is the allotment date for Shakti Polytarp IPO?
The allotment for Shakti Polytarp IPO is expected to be finalized on 18 September, 2026.
What is the GMP of Shakti Polytarp?
The Grey Market Premium (GMP) for Shakti Polytarp is currently ₹10, indicating a potential listing gain of 16.95%.
When will Shakti Polytarp IPO list on the stock market?
Shakti Polytarp is scheduled to list on BSE and NSE on 22 September, 2026.
What are the chances of getting allotment in Shakti Polytarp IPO?
The retail category is oversubscribed at 4.12x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 49.22x mean for Shakti Polytarp IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 49.22x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Shakti Polytarp IPO allotment status?
After the allotment date (18 Sep, 2026), you can check your Shakti Polytarp IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Shakti Polytarp SME IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
