Diksha Polymers IPO Details

SME NSE

Diksha Polymers IPO Summary

Diksha Polymers IPO opens for subscription on 17 Jun 2026 and closes on 19 Jun 2026.The IPO will be listed on NSE with the tentative listing date set for 24 Jun 2026.

Diksha Polymers IPO price band has been fixed at ₹112 – ₹112 per share. The face value is ₹10 per share with a lot size of 1200.

Diksha Polymers IPO total issue size comprises 15,98,400 shares (aggregating up to ₹17.90 Cr). This includes a fresh issue of 15,98,400 shares (aggregating up to ₹17.90 Cr). Pre-issue shareholding stands at 35,98,200, which will increase to 51,96,600 post-issue.

Diksha Polymers IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Diksha Polymers IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹268,800. Individual Maximum is 2 lots (2,400 shares) amounting to ₹268,800. HNI Minimum is 3 lots (3,600 shares) amounting to ₹403,200.

The Lead Managers for Diksha 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 Aryaman Financial Services 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 Aryaman Capital Markets. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Diksha Polymers Limited RHP.

Diksha Polymers IPO Details

Open Date

17 Jun 2026

Close Date

19 Jun 2026

Listing Date

24 Jun 2026

Issue Price

₹112 - ₹112

Face Value

₹10 per share

Lot Size

1200 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE

Type

Fixed Price Issue

Pre-issue Shareholding

35,98,200 shares

Post-issue Shareholding

51,96,600 shares

Total Issue Size

15,98,400 shares(aggregating up to ₹17.90 Cr)

Fresh Issue

15,98,400 shares(aggregating up to ₹17.90 Cr)

Offer for Sale

Diksha Polymers IPO Dates

17 Jun 2026
Opening dateOpen
19 Jun 2026
Closing dateClose
22 Jun 2026
Allotment Date Allotment
23 Jun 2026
Initiation of RefundsRefund
23 Jun 2026
Credit of SharesCredit
24 Jun 2026
Listing dateListing

Diksha Polymers IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2400	₹268,800
Individual Maximum	2	2400	₹268,800
HNI Minimum	3	3600	₹403,200

Diksha Polymers IPO Reservation

Promoter Holding

Pre Issue:

100%

Post Issue:

69.25%

Promoter Names:

Vivek Mandelia, Vipin Mandelia, Hemlata Mandelia, Anjana Mandelia, Riddhi Mandelia.

Documents

DRHP

Diksha Polymers IPO DRHP

RHP

Diksha Polymers IPO RHP

Diksha Polymers IPO Valuations

ROE48.32%

ROCE28.09%

Debt/Equity1.77

RoNW48.32%

PAT Margin8.03%

EBITDA Margin14.27%

Price to Book Value4.73

EPS(₹) (Pre IPO)11.44

EPS(₹) (Post IPO)7.92

P/E (x) (Pre IPO)9.79

P/E (x) (Post IPO)14.14

Diksha Polymers Financial Information

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	28.20	25.86	6.81
Total Income	51.27	42.73	19.72
Profit After Tax	4.12	2.63	1.01
EBITDA	7.32	4.71	1.80
NET Worth	8.52	4.40	1.77
Reserves and Surplus	4.92	4.00	1.37
Total Borrowing	15.10	12.91	4.47
Amount in ₹ Crore

About Diksha Polymers IPO

Diksha Polymers is engaged in the manufacturing of PET bottles/containers, PET preforms, and caps. PET containers are primarily used for storing beverages, oils, and other related products, while PET preforms used as a raw material for PET containers. PET Containers are used is wide range of industries i.e., lubricants, food and beverages, consumer goods, pharmaceuticals, agrochemicals, etc.

Manufacturing facility: Three manufacturing facilities across a total area of 26,879 sq. ft. Aggregate installed capacity of 2,100 MTPA for PET bottles and 1,785 MTPA for PET Preforms.

Competitive Strengths

Product Portfolio of PET Bottles, PET Preforms, and Caps
Integrated and well-established manufacturing setup
Strategic located manufacturing facilities
Healthy Financial Performance
Experienced Promoters and Management Team

Strength Of Diksha Polymers IPO

Integrated and well-established manufacturing setup.
Strategic location of our manufacturing facilities.
Experienced Promoters and Management Team.
Healthy Financial Performance.
Product Portfolio.

Risk Of Diksha Polymers IPO

We derive a significant portion of our revenue from the sale of PET plastic bottles and PET Preforms and any reduction in demand or in the manufacturing of such products could have an adverse effect on our business, results of operations and financial condition.
We are dependent on a few suppliers for supply of raw materials and any major disruption to the timely and adequate supplies of our raw materials could adversely affect our business, results of operations and financial condition.
Our company is significantly dependent on few customers for our revenue in a particular financial year. The loss of any one or more of such customers may have a material effect on our business operations and profitability.
Trade Receivables, Inventories and other current assets form a substantial part of our Total Assets. Failure to manage our trade receivables and inventories could have an adverse effect on our net sales, profitability, cash flow and liquidity.
Our business is dependent on operating of our manufacturing facilities, which is concentrated in a single region i.e. Gwalior, Madhya Pradesh, hence we face geographical concentration related risks. Further, the loss or shutdown of our facilities could have a material adverse effect on our business, financial condition and results of operations.
The leasehold rights in certain properties used by our Company are yet to be transferred in our name and any delay or failure in effecting such transfer may adversely affect our operations.
Our Company may have potential Conflicts of interest with our Promoter Group Entity/ Company as they are engaged in similar line of business.
Our premises are not owned by us and we have only leasehold rights over such premises. In the event we lose such rights or are required to negotiate it, our cash flows, business, financial conditions and results of operations could be adversely affected.
Our Company, its Promoters, its Directors and our Group Company are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
Majority of our purchases is from Related Parties in the past i.e F.Y 2023-24 and F.Y 2024-25. We may continue to enter in such transaction in future.

Objectives Diksha Polymers IPO

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings

2. General Corporate Purposes

3. Total

Company Contact Details

Diksha Polymers Ltd.
B-33, Maharajpura Industrial Area,
Maharajpura A.F., Gwalior, Gird,
Gwalior, Madhya Pradesh, 474020
Phone: +91 8966966666
Email: info@dikshagroup.in
Website: http://www.dikshagroup.in/

Registrar Contact Details

Name:

Cameo Corporate Services Ltd

Phone:

+91-44-28460390

Email:

ipo@cameoindia.com

Website:

https://ipostatus1.cameoindia.com/

Lead Mangers

Market Maker

Diksha Polymers FAQs

The Diksha Polymers IPO is a SME public issue comprising 1598400 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹17.90 Cr. The issue price has been fixed at ₹112 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 17 Jun 2026, and closes on 19 Jun 2026.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Diksha Polymers IPO opens on 17 Jun 2026.

Diksha Polymers IPO lot size is 1200, and the minimum amount required for application is ₹134400.

You may apply for the Diksha Polymers IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Diksha Polymers IPO is scheduled to be finalized on 22 Jun 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 23 Jun 2026. Investors are advised to regularly check the Diksha Polymers IPO allotment status for updates.

The listing date for the Diksha Polymers IPO has not yet been officially announced. However, the tentative listing date is scheduled for 24 Jun 2026.

Diksha Polymers IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).