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Allotment
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Listing
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Issue Size
60,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 154.49 | 127.38 | 105.03 | 105.40 |
| Total Income | 141.56 | 175.70 | 207.97 | 172.93 |
| Profit After Tax | 4.91 | 5.77 | 5.03 | 2.17 |
| EBITDA | 14.06 | 13.15 | 15.40 | 11.08 |
| NET Worth | 53.45 | 48.55 | 34.21 | 29.18 |
| Reserves and Surplus | 43.22 | 38.32 | 25.26 | 20.23 |
| Total Borrowing | 51.27 | 38.50 | 35.82 | 35.72 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Manas Polymers & Energies Ltd. | SME | ₹23.52 Cr | ₹81 | 9.19 | ₹146.20 | +80.49% | ₹35.70 (-4.93%) |
| Vigor Plast India Ltd. | SME | ₹25.10 Cr | ₹81 | 12.35 | ₹85.70 | +5.80% | ₹98.00 (+4.26%) |
| B.D.Industries (Pune) Ltd. | SME | ₹45.36 Cr | ₹108 | 13.27 | ₹108.15 | +0.14% | ₹109.35 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for purchase of machinery | 15.86 |
| 2 | Capital Expenditure for the purchase and installation of Solar panel/ Roof top | 2.60 |
| 3 | Part finances the capital expenditure for construction/ installation of Pre-Engineered Building (PEB) structure for new manufacturing facility | 1.32 |
| 4 | Repayment of certain borrowings | 5.62 |
| 5 | General Corporate Purpose | |
| Total | 25.40 |
About Shree TNB Polymers IPO
Incorporated on March 07, 2007, Shree TNB Polymers Limited is a Silvassa-based polymer manufacturing company specializing in piping systems and plastic solutions. The company was established to consolidate the running businesses of four erstwhile partnership firms — M/s Tirupati Plastic Industries, M/s Noble Polymers, M/s Shreeji Plastic Industries, and M/s Balaji Polymers — with commercial operations tracing back to 2001. The company offers products across three brands: "Noble" (HDPE/PP/PPH pipes, DWC pipes, drip irrigation and sprinkler systems), "Tirupati" (solid industrial polymer sheets), and "Balaji/Wellpack" (PP corrugated flute board sheets for packaging and advertising). Its products serve water supply, sewerage, agriculture irrigation, telecom, chemical processing, and industrial fabrication sectors on a B2B and B2C basis. It operates two manufacturing facilities at Silvassa across 23,028 sq. mtrs. with a combined installed capacity of 24,000 MT per annum, supported by in-house quality testing laboratories and BIS/ISO certifications across multiple Indian Standards. As of March 31, 2026, the company employed 318 full-time employees and maintained a 325+ dealer/distributor
Contact Details
Shree TNB Polymers Ltd. AddressSr. No. 132/1/1/4,Behind Prince PipesAthalroadSilvassa, Dadra and Nagar Haveli and Daman and Diu, 396230+91- 9662602584cs@shreetnbpolymers.inVisit Website