Bai Kakaji Polymers IPO Details

SME

Bai Kakaji Polymers IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Bai Kakaji Polymers IPO total issue size comprises 56,56,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 56,56,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,57,50,000, which will increase to 2,14,06,000 post-issue.

The Lead Managers for Bai Kakaji Polymers IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Bai Kakaji Polymers Limited DRHP.

Bai Kakaji Polymers IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
15750000
Share holding post issue
21406000
Total Issue Size
56,56,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
56,56,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
-
DRHP Status
Exchange Approval Received

Bai Kakaji Polymers IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Bai Kakaji Polymers IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Balkishan Pandurangji Mundada, Harikishan Pandurangji Mundada, Akash Balkishan Mundada, Akshay Balkishan Mundada, Kiran Balkishan Mundada

Documents

Bai Kakaji Polymers IPO Valuations

To be announced

Bai Kakaji Polymers Financial Information

Period Ended31 Dec 202431 Mar 2024
Assets178.96148.38
Total Income238.05286.33
Profit After Tax13.2611.84
EBITDA31.2827.61
Net Worth50.4837.91
Reserves and Surplus46.4333.16
Total Borrowing104.7084.83
Amount in ₹ Crore

About Bai Kakaji Polymers IPO

Bai Kakaji Polymers is an Indian company engaged in the manufacturing and trading of a wide range of plastic and polymer-based products. The company focuses on producing high-quality plastic granules i.e., PET preforms, Plastic caps and closures that cater to various industrial applications, particularly in packaged drinking water, carbonated beverages, juices & dairy products.

The company has four manufacturing units in Latur, Maharashtra across 33,000 square meters. It utilizes modern manufacturing techniques and machines like SACMI Continuous Compression Molding, ASB Preform Molding and HUSKY Pet Injection Molding machines, SST Secure Seal Tester (analogue & tester), Bridge strength tester, Vernier Calliper, etc.

Competitive Strength

  • In-house manufacturing facilities
  • Widespread reach in domestic market
  • Experienced Promoters and management team
  • Stable and Consistent financial performance
  • Long standing association with customers

Strength Of Bai Kakaji Polymers IPO

To be announced

Risk Of Bai Kakaji Polymers IPO

To be announced

Objectives Bai Kakaji Polymers IPO

1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company

2. Funding capital expenditure for the installation of additional plant & machinery

3. Funding capital expenditure for setting up a solar power project

4. General Corporate Purpose

Company Contact Details

Bai Kakaji Polymers Ltd.
Plot No. M3 & M4 MIDC,
Latur, Maharashtra, 413531
Phone: +91 9028254663
Email: cs@baikakaji.com
Website: https://baikakajipolymers.com/

Registrar Contact Details

Name: Maashitla Securities Private Limited
Phone: +91-11-45121795, +91-11-45121796

Market Maker

To be announced

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