Shree TNB Polymers IPO Listing Price, Gain & Allotment

Shree TNB Polymers is a Silvassa-based polymer manufacturing company specializing in piping systems and plastic solutions. The issue size is ₹31.2 Cr.

Revenue fell from ₹207.97 Cr in FY24 to ₹198.31 Cr in FY26, a compound annual decline of 2.4%. Profit after tax grew from ₹5.03 Cr to ₹7.13 Cr. That is a net profit margin of 3.6% in FY26.

Shree TNB Polymers listed at ₹60 on 8 Oct 2026, +15.4% against the issue price of ₹52. The last GMP before listing had pointed to about ₹56, so it opened 7.7 points above the grey market estimate. It closed the first day at ₹57 (+9.6%).

Shree TNB Polymers is an SME IPO worth ₹31.2 crore with a price band of ₹47 – 52 per share. The issue opens on 25 September 2026 and closes on 29 September 2026. Shares are expected to list on 8 October 2026 on BSE SME.

Shree TNB Polymers IPO is a book build issue of Rs. 31.20 Cr (0.60 crore shares) by Shree TNB Polymers Limited, which is a Silvassa-based polymer manufacturing company specializing in piping systems and plastic solutions.

The Company’s products are designed to meet the evolving demands of critical applications such as irrigation and agriculture, potable water supply schemes, sewerage and drainage systems, telecom cable protection, construction, and industrial usage.

The company offers a diversified product portfolio comprising HDPE pipes & fittings, PP (Polypropylene) and PPH (Polypropylene Homopolymer) pipes & fittings, Double Wall Corrugated (DWC) pipes, sprinkler pipes, drip irrigation systems, solid industrial sheets and well pack sheets for packaging and industrial applications.