SHREE TNB POLYMERS LIMITED

28 Sep 2026 - 05 Oct 2026 SME BSE

Min Investment

₹2,12,000.00

Price Band

₹50-₹53

Issue Size

₹22.76 Cr

Lot Size

2000 (per lot)

IPO Dates
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28 Sep 2026

Open Date

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05 Oct 2026

Close Date

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06 Oct 2026

Allotment Date

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08 Oct 2026

Listing Date

Know Before Investing

Strengths icon

  • Diverse product portfolio across piping, corrugated, and solid industrial sheets.
  • Established network of over 325 dealers across key commercial hubs.
  • Strategically located manufacturing facilities near major industrial areas.
  • Proven track record of consistent revenue generation across multiple brand divisions.
  • Expanding market footprint across diverse regional markets and states.

Weaknesses icon

  • High dependence on top ten customers for significant portions of revenue.
  • Business operations rely on leased manufacturing facilities and warehouses.
  • Potential under-utilization of newly expanded manufacturing capacities.
  • Volatility in the supply and pricing of raw materials impacting profit margins.
  • Subject to strict regional regulations and potential penalties for delayed compliance.

About Shree Tnb Polymers Limited

Shree TNB Polymers operates in the polymer manufacturing sector, producing a range of plastic products across its three primary divisions: the Piping Division, the Solid Industrial Sheets Division, and the Corrugated/Flute Board Sheets Division. The company’s core business involves manufacturing and distributing these items under distinct brand names, specifically Noble, Tirupati, and Balaji (Wellpack). Its manufacturing operations are centralized in two facilities located in Silvassa, Dadra and Nagar Haveli. The company generates revenue through the sale of its manufactured products to various customer segments, including business houses, other manufacturing facilities, government entities, and end consumers. These sales are facilitated through direct channels as well as an established network of over 325 dealers and distributors across multiple states. Its product offerings cater to diverse industrial and consumer needs, relying on raw materials to maintain its manufacturing output.

IPO Objectives

1. Capital Expenditure for purchase of machineries;

2. Capital Expenditure for the purchase and installation of Solar panel/ Roof top;

3. Part finances the capital expenditure for construction/ installation of Pre-Engineered Building (PEB) structure for new manufacturing facility;

4. Repayment of certain borrowings; and

5. To meet out the General Corporate Purposes.

Company Promoters

Beena Vijay Thosani

Deepakkumar Qeematrai Raura

Hasmukhbhai Gokalbhai Bhalodi

Jalpaben Hasmukhbhai Bhalodi

Jignaben Vipulbhai Bhalodi

Kishan Chandulal Patel

Rasikbhai Gokalbhai Bhalodi

Reeta Deepak Raura

Shilpaben Rasikbhai Bhalodi

Vijay Jaysukhlal Thosani

Vipul Gokalbhai Bhalodi

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 1.7
Non-Institutional Buyers 2.47
Retail Investors 1.72
Total 5.89
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