Shree TNB Polymers Limited
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₹2(3.77%)
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Having completed its public offering, Shree TNB Polymers Limited's is now listed and trading on the BSE exchange as of Oct 08, 2026. The IPO raised cumulative capital of 60,00,000 Shares, including 60,00,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹50 to ₹53 and minimum investment requirement of 2000 shares. subscription activity between Sep 28, 2026 and Oct 05, 2026 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Oct 06, 2026 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Shree TNB Polymers Limited, incorporated on March 7, 2007, is engaged in polymer manufacturing and provides plastic piping systems, irrigation solutions and polymer products for infrastructure, agricultural and industrial applications. The company’s business has its roots in partnership firms including Noble Polymers, established in 1995, Tirupati Plastic Industries in 2000 and Balaji Polymers in 2004, which were brought under one organisation through the incorporation of Shree TNB Polymers Limited. With more than 30 years of industry experience, the company operates manufacturing facilities in Silvassa with modern production infrastructure and an in-house quality testing laboratory. Its product portfolio includes HDPE and PVC piping systems, micro-irrigation products, valves, fittings, polymer sheets and profiles. The company manufactures products in line with ISI, ISO and DIN standards, with a focus on quality, durability, cost efficiency, sustainable manufacturing and effective resource utilisation.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diverse Product Portfolio: Offers HDPE, PP/PPH, DWC, sprinkler and drip irrigation pipes and fittings, along with solid industrial and Well Pack sheets, serving a wide range of industrial, agricultural and packaging requirements.
- Strong Customer & Distribution Network: Maintains good relationships with customers, dealers and distributors through competitive pricing, strategic sourcing, local procurement, efficient operations and after-sales service.
- Quality & Certified Products: Follows recognised quality standards and holds BIS and ISO certifications for products such as water supply, sewerage, DWC, drip irrigation, lateral and sprinkler pipes, supporting consistent quality and regulatory compliance.
- Leased Facility Dependence: Manufacturing Facility-II and warehouses are operated from leased premises. Any difficulty in renewing the leases or securing suitable alternative locations on reasonable terms could disrupt operations and impact financial performance.
- Delayed Statutory Dues: The Company has experienced delays in paying statutory obligations, including Income Tax, GST and Provident Fund. Such delays may lead to penalties and could negatively affect financial condition and cash flows.
- Statutory Filing Non-Compliance: The Company has faced delays, non-filings and certain non-compliances with Registrar of Companies requirements. Further penalties, fines or regulatory actions could adversely affect its financial position, operations and reputation.
- Vijay Jaysukhlal Thosani
- Rasikbhai Gokalbhai Bhalodi
- Deepak Kumar Raura
- Shilpaben Rasikbhai Bhalodi
- Beena Vijay Thosani
- Reeta Deepak Raura
- Kishan Chandulal Patel
- Vipul Gokalbhai Bhalodi
- Hasmukhbhai Gokalbhai Bhalodi
- Jignaben Vipulbhai Bhalodi
- Jalpaben Hasmukhbhai Bhalodi
Shree TNB Polymers Limited
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