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Shree TNB Polymers Limited

SMElistedBSE SME
28 Sep 2026 – 05 Oct 2026
LISTED
Offer Price
₹50–53
Bid lot
2000
Min Application
₹2,12,000
Issue Size
₹32 Cr

Key dates

Open date
28 Sep 2026
Done
Close date
05 Oct 2026
Done
Basis of allotment
06 Oct 2026
Done
Initiation of refunds
06 Oct 2026
Done
Credit to demat
06 Oct 2026
Done
Listing date
08 Oct 2026
Done

Issue reservation

₹32 Cr
QIB 47.43%9.53%Retail 33.27%5%
QIB
28.5 L sh · ₹15.18 Cr
47.43%
HNI (10L+)
5.7 L sh · ₹3.05 Cr
9.53%
HNI (2-10L)
2.9 L sh · ₹1.53 Cr
4.77%
Retail
20.0 L sh · ₹10.65 Cr
33.27%
Market maker
3.0 L sh · ₹1.59 Cr
5%
Applications required for 1× subscription
Retail (≤₹2L)
499 forms
S-HNI (₹2–10L)
48 forms
B-HNI (>₹10L)
29 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Corporate Makers Capital Limited

Lot ladder — how much to bid

1 lot = 2000 shares
Individual · up to ₹2 L2+ lots
Min · 2 lots
4,000 sh · ₹2,12,000
Entry point
₹2,12,000 onward
sHNI · ₹2 L to ₹10 L3+ lots
Min · 3 lots
6,000 sh · ₹3,18,000
Entry point
₹3,18,000 onward
bHNI · Above ₹10 L10+ lots
Min · 10 lots
20,000 sh · ₹10,60,000
Entry point
₹10,60,000 onward

Issue details

Lead managersCorporate Makers Capital Limited
Fresh issue60,00,000 sh · ₹32 Cr
Face value₹10
Listing onBSE SME
RegistrarMUFG Intime India Pvt.Ltd.
Grey-market sentiment
No grey-market data yet.
Financials

Particulars

FY26

FY25

FY24

Assets

145.3

127.4

105

Total Income

198.3

175.7

208

PAT

7.13

5.77

5.03

Net Worth

55.68

48.55

34.21

Reserves & Surplus

40.34

38.32

25.26

Total Borrowings

—

38.5

35.82

Objects of the issue

  • Machinery: ₹15.86 Cr for new manufacturing equipment.

  • Solar Power: ₹2.60 Cr for rooftop solar installation.

  • Infrastructure: ₹1.32 Cr for PEB construction.

  • Debt Repayment: ₹5.62 Cr towards borrowings.

  • Corporate Purposes: Funding general business needs.

About the company

Incorporated in 2007, Shree TNB Polymers Limited is a Silvassa-based polymer manufacturer offering piping and plastic solutions for irrigation, water supply, sewerage, telecom, construction, and industrial applications. Its portfolio includes HDPE, PP/PPH, DWC, sprinkler and drip irrigation pipes, along with industrial and packaging sheets.

The Company operates two manufacturing facilities in Silvassa with a combined capacity of 24,000 MT per annum, supported by in-house testing laboratories and BIS/ISO certifications. It has a 325+ dealer/distributor network across India and exports to the UAE, Sri Lanka, Oman, and Germany. As of July 31, 2026, the Company had 298 full-time employees and 39 contract workers.

Company strengths

  • Promoter Expertise: Decades of polymer and manufacturing experience.

  • Product Range: HDPE, DWC, PP/PPH pipes and sheets.

  • Capacity: 24,000 MT annual capacity across two Silvassa units.

  • Network: 325+ dealers/distributors with export presence.

  • Quality: BIS/ISO-certified with in-house testing facilities.

Promoters

Vijay Jaysukhlal ThosaniRasikbhai Gokalbhai BhalodiDeepak Kumar RauraShilpaben Rasikbhai BhalodiBeena Vijay ThosaniReeta Deepak RauraKishan Chandulal PatelVipul Gokalbhai BhalodiHasmukhbhai Gokalbhai BhalodiJignaben Vipulbhai BhalodiJalpaben Hasmukhbhai Bhalodi.

Registered office & contact

Shree TNB Polymers Limited

Address - Sr. No. 132/1/1/4,

Behind Prince Pipes

Athalroad

Silvassa, Dadra and Nagar Haveli and Daman and Diu, 396230

📞 +91- 9662602584

✉️ cs@shreetnbpolymers.in

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Shree TNB Polymers Limited IPO?

One lot of 2000 shares — ₹2,12,000 at the upper price band of ₹53.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-10-08 on BSE SME.

₹50–53
Applications are closed.