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Shree TNB Polymers Limited

Shree TNB Polymers Limited, incorporated on March 7, 2007, is a Silvassa-based polymer manufacturing company engaged in producing piping systems and plastic solutions for applications such as irrigation and agriculture, potable water supply, sewerage and drainage, telecom cable protection, construction and industrial use. Its product portfolio includes HDPE pipes and fittings, PP and PPH pipes and fittings, Double Wall Corrugated (DWC) pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets and Well Pack sheets for packaging and industrial applications. The Company operates two manufacturing facilities in Silvassa spread across approximately 23,028 sq. metres, with a combined installed capacity of 24,000 MT per annum, supported by in-house quality testing laboratories and BIS and ISO certifications across various Indian Standards. Shree TNB Polymers has a dealer and distributor network of more than 325 across India and also exports its products to markets including the UAE, Sri Lanka, Oman and Germany. As of July 31, 2026, the Company had 298 full-time employees and 39 contract labourers.

₹50 - ₹532.06x sub
Listed Price₹60.00
Listing Gain+13.21%

IPO Schedule & Timeline

Bookbuilding IPO
Open28 Sep 2026
Close05 Oct 2026
Allotment06 Oct 2026
Listing08 Oct 2026

Quota Reservation Portions

AnchorPortion: 17,06,000 shares
28.43%
QIBPortion: 11,40,000 shares
19%
HNIPortion: 8,58,000 shares
14.3%
RetailPortion: 19,96,000 shares
33.27%
Market MakerPortion: 3,00,000 shares
5%

Minimum Application Bracket Matrix

Retail2 lots / 4,000 shares
₹2,12,000
sHNI3 lots / 6,000 shares
₹3,18,000
bHNI10 lots / 20,000 shares
₹10,60,000

About the Company

Shree TNB Polymers Limited, incorporated on March 7, 2007, is a Silvassa-based polymer manufacturing company engaged in producing piping systems and plastic solutions for applications such as irrigation and agriculture, potable water supply, sewerage and drainage, telecom cable protection, construction and industrial use. Its product portfolio includes HDPE pipes and fittings, PP and PPH pipes and fittings, Double Wall Corrugated (DWC) pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets and Well Pack sheets for packaging and industrial applications. The Company operates two manufacturing facilities in Silvassa spread across approximately 23,028 sq. metres, with a combined installed capacity of 24,000 MT per annum, supported by in-house quality testing laboratories and BIS and ISO certifications across various Indian Standards. Shree TNB Polymers has a dealer and distributor network of more than 325 across India and also exports its products to markets including the UAE, Sri Lanka, Oman and Germany. As of July 31, 2026, the Company had 298 full-time employees and 39 contract labourers.

Company Promoters

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

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-26)₹198.31 Cr
Growth-4.6%
Revenue Trend (₹ in Crores)
0.079.7159.4239.2Mar-24Mar-25Mar-26
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-26198.317.13145.2644.56
Mar-25175.705.77127.3838.50
Mar-24207.975.03105.0335.82
Key Performance Indicators (KPIs)
PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-264.6513.69%16.02%11.1815.57
Mar-254.2913.95%15.25%00
Mar-243.7515.87%17.06%00

Peer Comparison & Valuation

Industry Benchmarks
Financial Performance

Shree TNB Polymers Limited

NAV/Share (₹)36.29
RONW(%)13.69
EPS (Basic) (₹)4.65

Captain Pipes Limited

NAV/Share (₹)2.78
RONW(%)7.15
EPS (Basic) (₹)0.19

Texmo Pipes and Products Limited

NAV/Share (₹)77.19
RONW(%)5.13
EPS (Basic) (₹)3.86

Malpani Pipes and Fittings Limited

NAV/Share (₹)51.67
RONW(%)17.65
EPS (Basic) (₹)8.38
Valuation

Shree TNB Polymers Limited

P/E(X)11.18
CMP* (₹)52.00
Face value (₹)10.00

Captain Pipes Limited

P/E(X)40.37
CMP* (₹)7.67
Face value (₹)1.00

Texmo Pipes and Products Limited

P/E(X)15.69
CMP* (₹)60.55
Face value (₹)10.00

Malpani Pipes and Fittings Limited

P/E(X)7.70
CMP* (₹)64.50
Face value (₹)10.00

Broker & Analyst Reviews

Consensus Verdict

May apply

No review summary is available yet.

No IPO review records are available for this issue yet.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
06 Oct 2026
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
08 Oct 2026

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Shree TNB Polymers Limited. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

Indian Standard Time (IST)
1. Allotment Finalization06 Oct 2026Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Oct 2026Trading commences on exchange

How to Check Shree TNB Polymers Limited Allotment Online

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About Shree TNB Polymers Limited IPO

Complete issue overview for Shree TNB Polymers Limited (SHREETNB) IPO. The issue features an equity share price band of ₹50 – ₹53 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,06,000). Explore live market tracking on our GMP Tracker or view category bidding on the Subscription Page.

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