Bai Kakaji Polymers IPO
Bai Kakaji Polymers is a BSE SME IPO listed on the BSE SME platform, priced at ₹177–₹186 per share. The stock debuted at ₹190, delivering a listing gain of 2.2%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹2,23,200.
Bai Kakaji Polymers Limited IPO
- IPO Dates
- Dec 23, 2025 – Dec 26, 2025
- Price band
- ₹177-186 per equity share
- Minimum Investment
- ₹2,23,200
- Issue size
- ₹105.17 Cr
- Lot size
- 600
- Allotment Date
- Dec 29, 2025
- Listing
- Dec 31, 2025
- Listing At
- BSE SME
IPO timeline
-
Dec 23, 2025
Open Date
Completed
-
Dec 26, 2025
Close Date
Completed
-
Dec 29, 2025
Allotment Date
Completed
-
Dec 31, 2025
Listing Date
Completed
Bai Kakaji Polymers IPO Subscription Details
View Subscription DetailsBai Kakaji Polymers IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Bai Kakaji Polymers IPO Essentials
Bai Kakaji Polymers IPO Details
Bai Kakaji Polymers IPO is priced at ₹177-186 per share with a total issue size of 105.17 crore. The IPO has a lot size of 600 shares and is listed on BSE SME.
- Issue price
- ₹177-186 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 56,54,400 shares(agg. up to ₹105.17 Cr)
- Total issue size
- 56,54,400 shares
(aggregating up to ₹105.17 crore) - Fresh issue
- 56,54,400 shares
(aggregating up to ₹105.17 crore) - Listing at
- BSE SME
- List price
- 190.0
- Listing date
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead manager
-
Hem Securities Ltd.
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 1200 | ₹2,23,200 |
| Individual(max) | 2 | 1200 | ₹2,23,200 |
| sHNI(min) | 3 | 1800 | ₹3,34,800 |
| sHNI(max) | 8 | 4800 | ₹8,92,800 |
| sHNI(min) | 9 | 5400 | ₹10,04,400 |
Bai Kakaji Polymers IPO Reservation
Bai Kakaji Polymers IPO reservation details show category-wise allocation of shares. Out of the total 5654400 shares, approximately 19.02% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.01% for market maker, and 28.44% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1608000 (28.44%) | |
| Market Maker Shares Offered | 283200 (5.01%) | |
| QIB Shares Offered | 1075200 (19.02%) | |
| NII (HNI) Shares Offered | 806400 (14.26%) | |
| bHNI > ₹10L | 537600 (9.39%) | 299 |
| sHNI < ₹10L | 268800 (4.85%) | 149 |
| Individual Shares Offered | 1881600 (33.28%) | 1568 |
| Total Shares Offered | 5654400 (100%) |
Bai Kakaji Polymers IPO Analytics
Bai Kakaji Polymers IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Bai Kakaji Polymers IPO Subscription Status
Bai Kakaji Polymers IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 5.79x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,75,200 |
8,06,400
5,37,600
2,68,800
|
18,81,600 | 37,63,200 |
|
Day 1
23-12-25 05:00 PM
|
3.92 x |
1.02x
1.49x
0.08x
|
0.10 x | 1.39 x |
|
Day 2
24-12-25 05:00 PM
|
3.92 x |
1.31x
1.84x
0.25x
|
0.27 x | 1.53 x |
|
Day 3
26-12-25 05:00 PM
|
7.88 x |
8.19x
9.79x
4.98x
|
3.53 x | 5.77 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 7178 (Approx) | 2.86x | 4.83x | 3.56x |
Bai Kakaji Polymers Valuations
Earnings
- EPS Pre IPO
- ₹11.66/-
- EPS Post IPO
- ₹11.97/-
- P/E Pre IPO
- 15.95
- P/E Post IPO
- 15.54
Returns
- ROE
- 41.23%
- ROCE
- 25.71%
- RoNW
- 34.18%
- PAT Margin
- 5.64%
Fundamentals
- Debt / Equity
- 2.03
- Price / Book
- 5.45
- Market Cap
- 398.12 Cr.
Bai Kakaji Polymers Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 195.45 | 203.69 | 98.00 | 91.55 |
| Revenue | 168.56 | 332.12 | 296.42 | 275.09 |
| Profit After Tax | 12.81 | 18.37 | 9.38 | 4.18 |
| Net Worth | 66.55 | 53.74 | 35.37 | 25.99 |
| Reserves & Surplus | 50.80 | 51.49 | 33.12 | 23.74 |
| Total Borrowing | 107.25 | 109.27 | 40.71 | 45.59 |
Bai Kakaji Polymers Company & Offer Insights
About Bai Kakaji Polymers
Apollo Bai Kakaji Polymers is an Indian company incorporated in the year 2016, primarily involved in the business of manufacturing and trading plastic and polymer-based products. The company is focused on manufacturing superior quality plastic granules in the form of PET Preforms, Plastic Caps & Closures that are used in a variety of applications in the packaged drinking water, carbonated beverages, juice, and dairy sectors.
They have four manufacturing units located in Latur, Maharashtra, spanning an area of 33,000 square meters. They employ the latest manufacturing processes andequipments such as SACMI Continuous Compression Molding machine, ASB Preform Molding machine, HUSKY Pet Injection Molding machine, SST Secure Seal Tester-analogue & tester, Bridge Strength tester, Vernier Calliper, among others.
Bai Kakaji Polymers Promoter(s)
Balkishan Pandurangji Mundada, Harikishan Pandurangji Mundada, Akash Balkishan Mundada, Akshay Balkishan Mundada and Kiran Balkishan Mundada are the company's promoters of Bai Kakaji Polymers.
Bai Kakaji Polymers IPO Issue Objectives
- •
- Repayment and/or pre-payment, in full or part, of borrowing availed by our Company
- •
- Funding capital expenditure for the installation of additional plant & machinery
- •
- Funding capital expenditure for setting up a solar power project
- •
- General Corporate Purpose
Contact Information
Contact Details
Bai Kakaji Polymers
+91 9028254663
https://baikakajipolymers.com/
Plot No. M3 & M4 MIDC, Latur, Maharashtra, 413531
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Bai Kakaji Polymers IPO is a book-built IPO worth ₹105.17 crore. The price band is ₹177–₹186 per share. The IPO opens on Dec 23, 2025 and closes on Dec 26, 2025. It will be listed on BSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.
The price band of Bai Kakaji Polymers IPO is ₹177 to ₹186 per share.
The lot size of Bai Kakaji Polymers IPO is 600 shares.
The minimum investment for Bai Kakaji Polymers IPO is approximately ₹2,23,200 based on the upper price band .
Bai Kakaji Polymers IPO opens on Dec 23, 2025 and closes on Dec 26, 2025.
The allotment date of Bai Kakaji Polymers IPO is Dec 29, 2025.
Bai Kakaji Polymers IPO is expected to be listed on Dec 31, 2025, on BSE SME Platform.
Bai Kakaji Polymers IPO valuation snapshot: P/E 15.54, EPS ₹11.97/-, P/B 5.45, RoNW 34.18%, and market cap 398.12 Cr.
To apply for Bai Kakaji Polymers IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Bai Kakaji Polymers IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Bai Kakaji Polymers IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Bai Kakaji Polymers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Bai Kakaji Polymers IPO allotment status on IPO Ji for quick and easy access.