Shakti Polytarp Limited, incorporated on March 22, 2018 as a public limited company, manufactures tarpaulin and related products including shade nets. Tarpaulins are large, strong, flexible, and water-resistant sheets used to cover and protect objects from environmental elements.
The company’s products are made using raw materials such as PP granules, Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE), and High-Density Polyethylene (HDPE). Its offerings have applications across multiple industries, including agriculture, construction, automotive, transportation & logistics, and consumer goods.
Shakti Polytarp provides end-to-end services to customers, helping them select suitable tarpaulin types and offering design and customization based on intended use. In addition to manufacturing, the company also sells granules, which are used as raw material in the tarpaulin production process involving melting, extrusion, weaving, and lamination.
The company is planning an IPO comprising a fresh issue of 53,85,000 equity shares with a face value of Rs 10 each.