Bai Kakaji Polymers IPO Details
SME
Bai Kakaji Polymers IPO opens for subscription on 23 Dec 2025 and closes on 26 Dec 2025. The IPO will be listed on BSE with the tentative listing date set for 31 Dec 2025.
Bai Kakaji Polymers IPO price band has been fixed at ₹177 – ₹186 per share.The face value is ₹10 per share with a lot size of 600.
Bai Kakaji Polymers IPO total issue size comprises 56,54,400 shares (aggregating up to ₹105.17 Cr.). This includes a fresh issue of 2,83,200 shares (aggregating up to ₹5.27 Cr.). Offer for Sale consists of 53,71,200 shares (aggregating up to ₹99.90 Cr.). Pre-issue shareholding stands at 1,57,50,000, which will increase to 2,14,04,400 post-issue.
Bai Kakaji Polymers IPO carries a ₹3 (1.61%) GMP, reflecting investor sentiment.
Bai Kakaji Polymers IPO Lot Size : Individual Minimum is 2 lots (1,200 shares) amounting to ₹223,200. Individual Maximum is 2 lots (1,200 shares) amounting to ₹223,200. SHNI Minimum is 3 lots (1,800 shares) amounting to ₹334,800. SHNI Maximum is 8 lots (4,800 shares) amounting to ₹892,800. BHNI Minimum is 9 lots (5,400 shares) amounting to ₹1,004,400.
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 Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Bai Kakaji Polymers Limited RHP.
Bai Kakaji Polymers IPO Details
Bai Kakaji Polymers IPO Subscription
Bai Kakaji Polymers IPO Application Wise Breakup
Bai Kakaji Polymers IPO Dates
- 23 Dec 2025Opening dateOpen
- 26 Dec 2025Closing dateClose
- 29 Dec 2025Allotment Date Allotment
- 30 Dec 2025Initiation of RefundsRefund
- 30 Dec 2025Credit of SharesCredit
- 31 Dec 2025Listing dateListing
Bai Kakaji Polymers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 1200 | ₹223,200 |
| Individual Maximum | 2 | 1200 | ₹223,200 |
| SHNI Minimum | 3 | 1800 | ₹334,800 |
| SHNI Maximum | 8 | 4800 | ₹892,800 |
| BHNI Minimum | 9 | 5400 | ₹1,004,400 |
Bai Kakaji Polymers IPO Reservation
Promoter Holding
Bai Kakaji Polymers IPO Valuations
Bai Kakaji Polymers Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 195.45 | 203.69 | 98.00 | 91.55 |
| Total Income | 168.56 | 332.12 | 296.42 | 275.09 |
| Profit After Tax | 12.81 | 18.37 | 9.38 | 4.18 |
| EBITDA | 24.35 | 33.51 | 20.75 | 14.17 |
| NET Worth | 66.55 | 53.74 | 35.37 | 25.99 |
| Reserves and Surplus | 50.80 | 51.49 | 33.12 | 23.74 |
| Total Borrowing | 107.25 | 109.27 | 40.71 | 45.59 |
| Amount in ₹ Crore | ||||
About Bai Kakaji Polymers IPO
Bai Kakaji Polymers is an Indian company engaged in the manufacturing and trading of plastic and polymer-based products, catering primarily to the packaging requirements of the beverage and dairy industries. The company focuses on producing high-quality plastic granules, PET preforms, plastic caps, and closures that are widely used in packaged drinking water, carbonated beverages, juices, and dairy products.
The company operates four manufacturing units located in Latur, Maharashtra, spread across a total area of approximately 33,000 square meters. These facilities are equipped with modern and advanced manufacturing technologies, enabling efficient production, consistency, and quality control across its product portfolio.
Bai Kakaji Polymers utilizes industry-leading machinery such as SACMI Continuous Compression Molding machines, ASB Preform Molding machines, and HUSKY PET Injection Molding machines. Its quality assurance infrastructure includes testing and inspection equipment such as SST Secure Seal Testers (analog and digital), bridge strength testers, and vernier calipers, ensuring compliance with customer and industry standards.
With a focus on quality, reliability, and technological efficiency, Bai Kakaji Polymers serves the growing demand for plastic packaging solutions in the fast-moving consumer goods (FMCG) and beverage sectors, supporting its customers with consistent supply and scalable manufacturing capabilities.
Strength Of Bai Kakaji Polymers IPO
- In-house manufacturing facilities.
- Widespread reach in domestic market.
- Experienced Promoters and Directors with strong management team having domain knowledge.
- Stable and Consistent financial performance.
- Long standing association with customers.
Risk Of Bai Kakaji Polymers IPO
- The company derives a significant portion of the Company's revenue from the sale of its key product i.e. Pet Preforms. Any decline in the sales of our key product could have an adverse effect on the Company's business, results of operations and financial condition.
- The company generates its major portion of turnover from the Company's operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on the Company's revenue and results of operations.
- The company is primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of the raw materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.
- Increase in the prices of raw materials and fluctuations may adversely impact its business, financial condition and operational results.
- There are outstanding legal proceedings involving the Company, its Directors and the Company's Promoters. Any adverse decisions could impact its cash flows and profit or loss to the extent of demand amount, interest and penalty, divert management time and attention and have an adverse effect on the Company's business, prospects, results of operations and financial condition.
- The Company's business is subject to season volatility due to packaged mineral water and soft drinks sales in summer and winter seasons.
- The Company's Business is dependent on its factory. Any disruption, breakdown or failures of machinery, disruption to power sources or any temporary shutdown of the Company's factory, may have a material adverse effect on its business, results of operations, financial condition and cash flows.
- The Company's requires certain approvals or licenses in the ordinary course of business, and the failures to renew, obtain, or retain them in a timely manner, or at all, may adversely affect its operations.
- The Company's net cash flows from financing and investing activities have been negative in some years in the past. Any negative cash flow in the future may affect its liquidity and financial condition.
- The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the company.
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
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports