Shakti Polytarp SME IPO Subscription
ListedUpdated 22 September 2026, 9:15 AM IST· BSE SME
Shakti Polytarp SME IPO subscription closed on 17 September 2026 at 11.94x overall by shares. QIB demand came in at 49.22x, NII at 5.60x, and retail at 4.12x. See Retail, SHNI, and BHNI allotment chances in the table…
Shakti Polytarp SME IPO subscription closed on 17 September 2026 at 11.94x overall by shares. QIB demand came in at 49.22x, NII at 5.60x, and retail at 4.12x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 18 September 2026. Listing date on NSE and BSE is 22 September 2026.
Shakti Polytarp SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 15 Sept 2026 | 0.00x | 1.51x | 0.11x | 0.64x |
| Day 2 - 16 Sept 2026 | 0.00x | 1.55x | 0.26x | 0.72x |
| Day 3 - 17 Sept 2026 | 49.22x | 5.43x | 3.81x | 11.73x |
Shakti Polytarp SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Shakti Polytarp SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 4.12x | 1 in 4 |
| SHNI (Rs 2L to Rs 10L) | 3.78x | 1 in 4 |
| BHNI (above Rs 10L) | 1.59x | 1 in 2 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Shakti Polytarp SME IPO Allotment Status page from 18 September 2026 for your result.
Shakti Polytarp SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 59.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 3.33 Cr | Rs 163.80 Cr | 49.22x |
| FII | - | Rs 27.65 Cr | - |
| DFI | - | Rs 10.62 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 136.04 Cr | - |
| NII | Rs 8.07 Cr | Rs 45.16 Cr | 5.60x |
| bNII (above Rs 10L) | Rs 5.38 Cr | Rs 34.26 Cr | 6.37x |
| Corporate | - | Rs 3.26 Cr | - |
| Individual | - | Rs 30.68 Cr | - |
| Other | - | Rs 31.86 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.69 Cr | Rs 10.90 Cr | 4.05x |
| Corporate | - | Rs 11.80 L | - |
| Individual | - | Rs 10.66 Cr | - |
| Other | - | Rs 12.98 L | - |
| IND | Rs 9.32 Cr | Rs 38.37 Cr | 4.12x |
| Fixed price | - | Rs 38.37 Cr | - |
| Total | Rs 20.72 Cr | Rs 247.33 Cr | 11.94x |
Shakti Polytarp SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 282 | 12 | 0.04x |
| FII | - | 3 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 8 | - |
| NII | 228 | 528 | 2.32x |
| bNII (above Rs 10L) | 152 | 241 | 1.59x |
| Corporate | - | 13 | - |
| Individual | - | 225 | - |
| Other | - | 3 | - |
| sNII (Rs 2L to Rs 10L) | 76 | 287 | 3.78x |
| Corporate | - | 3 | - |
| Individual | - | 281 | - |
| Other | - | 3 | - |
| IND | 395 | 1,626 | 4.12x |
| Fixed price | - | 1,626 | - |
| Total | 905 | 2,166 | 2.39x |
What Do These Subscription Numbers Mean?
11.94x overall by shares means bids covered about 12 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 49.22x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (2.32x by applications). Split: SHNI 3.78x, BHNI 1.59x by applications. SHNI and BHNI allotment is by lottery.
At 4.12x subscription by applications, about 1 in 4 retail applicants may get allotment (~24% chance per application). Retail allotment is also by lottery.
Shakti Polytarp SME IPO GMP After Subscription
GMP for Shakti Polytarp SME stands at Rs 10.00 today, giving an estimated listing price of Rs 69.00 per share.
The GMP has been mixed from Rs 6.00 on 17 Sept 2026 to Rs 10.00 on 22 Sept 2026.
A subscription of 11.94x combined with a GMP of 16.95% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Shakti Polytarp SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Shakti Polytarp SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 15 September 2026 |
| IPO Close Date | 17 September 2026 |
| Allotment Date | 18 September 2026 |
| Refund Initiation | 19 September 2026 |
| Share Credit to Demat | 19 September 2026 |
| Listing Date | 22 September 2026 |
| Minimum Investment | Rs 2,36,000.00 |
| Lot Size | 2000 shares |
About Shakti Polytarp SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Shakti Polytarp SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Shakti Polytarp SME Details
Issue size, price, financials, and company info
Shakti Polytarp SME GMP
Live grey market premium and listing estimate
Shakti Polytarp SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Shakti Polytarp SME Allotment
Allotment date, chances, and check by PAN
Shakti Polytarp SME Review
SWOT, strengths, risks, and IPO review
Shakti Polytarp SME FAQ
Common questions on dates, GMP, and allotment
Shakti Polytarp SME Registrar
Registrar website and how to check allotment
Shakti Polytarp SME Timeline
Open, close, allotment, and listing dates
Shakti Polytarp SME News
Updates, blogs, and latest IPO news
Shakti Polytarp SME IPO Subscription FAQs
What is Shakti Polytarp SME IPO subscription status today?
Shakti Polytarp SME IPO subscription closed on 17 September 2026 with overall subscription of 11.94x (by shares) as of 12 October 2026, 5:17 AM IST. QIB 49.22x, NII 2.32x, IND 4.12x.
What is the overall subscription of Shakti Polytarp SME IPO?
Shakti Polytarp SME IPO is subscribed 11.94x overall by shares at close on 17 September 2026. QIB 49.22x, NII 2.32x, and IND 4.12x.
What is Shakti Polytarp SME IPO QIB subscription?
Shakti Polytarp SME IPO QIB (Qualified Institutional Buyers) subscription is 49.22x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Shakti Polytarp SME IPO IND subscription?
Shakti Polytarp SME IPO IND subscription is 4.12x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Shakti Polytarp SME IPO NII, SHNI, and BHNI subscription?
Shakti Polytarp SME IPO NII subscription is 2.32x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 3.78x and BHNI (above Rs 10L) at 1.59x.
What are Shakti Polytarp SME IPO retail allotment chances?
At 4.12x subscription by applications, about 1 in 4 retail applicants may get allotment (~24% chance per application). Allotment is by lottery.
What are Shakti Polytarp SME IPO SHNI allotment chances?
At 3.78x subscription by applications, about 1 in 4 SHNI applicants may get allotment (~26% chance per application). Allotment is by lottery.
What are Shakti Polytarp SME IPO BHNI allotment chances?
At 1.59x subscription by applications, about 1 in 2 BHNI applicants may get allotment (~63% chance per application). Allotment is by lottery. Share subscription was 6.37x. Allotment chances use applications, not share volume.
When is Shakti Polytarp SME IPO allotment date?
Shakti Polytarp SME IPO allotment date is 18 September 2026. Check Shakti Polytarp SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shakti Polytarp SME IPO subscription close?
Shakti Polytarp SME IPO subscription closed on 17 September 2026. No new applications are accepted after the close.
What is Shakti Polytarp SME IPO GMP today?
Shakti Polytarp SME IPO GMP is ₹10 today (+16.95% over issue price ₹59). See live GMP on the Shakti Polytarp SME IPO GMP Today page.
What is Shakti Polytarp SME IPO issue price and lot size?
Shakti Polytarp SME IPO issue price is ₹59 per share. Lot size is 2000 shares. Minimum investment is ₹2,36,000 per lot (minimum 2 lots for SME). Issue size: ₹26.93 Cr.
When is Shakti Polytarp SME IPO listing date?
Shakti Polytarp SME IPO listing date is 22 September 2026 on NSE and BSE. Allotment is on 18 September 2026.
How does subscription affect Shakti Polytarp SME IPO allotment?
In Shakti Polytarp SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 11.94x overall, competition is high.
For allotment results from 18 September 2026, visit the Shakti Polytarp SME IPO Allotment Status page. For listing day updates on 22 September 2026, download the IPOwiz App.
Sources
We match Shakti Polytarp SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.