About Shree TNB Polymers
Plastic Products
Incorporated on March 7, 2007, Shree TNB Polymers operates two manufacturing facilities in Silvassa spread across approximately 23,028 square metres with a combined installed capacity of 24,000 MT per annum. The company serves applications including irrigation and agriculture, potable water supply, sewerage and drainage, telecom cable protection, construction and industrial use. It has in-house quality testing laboratories and BIS/ISO certifications across multiple Indian Standards. As of March 31, 2026, the company had 318 full-time employees and a dealer/distributor network of more than 325 across India. It also exports to the UAE, Sri Lanka, Oman and Germany.
IPO_DETAILS_LONG: Shree TNB Polymers IPO is a BSE SME book-built issue of 60,00,000 equity shares of face value ₹10 each aggregating up to ₹31.80 Cr at the upper price band. The issue is entirely a fresh issue with no OFS. The price band is ₹50 to ₹53 per share and the stated lot size is 2,000 shares. The minimum retail application is 4,000 shares, requiring ₹2.12 lakh at the upper price band. The IPO opens on September 28, 2026 and closes on October 5, 2026. Allotment is scheduled for October 6, refund and share credit for October 7, and listing on BSE SME is scheduled for October 8, 2026. The issue includes 3,00,000 shares reserved for the market maker. The company proposes to use ₹15.86 Cr for machinery, ₹2.60 Cr for solar/rooftop installation, ₹1.32 Cr for a new PEB manufacturing facility, ₹5.62 Cr for repayment of certain borrowings and the balance for general corporate purposes.