Bai Kakaji Polymers – IPO
Bai Kakaji Polymers – IPO Details
| IPO Date | December 23, 2025 to December 26, 2025 |
| Listing Date | December 31, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 177 to ₹ 186 / Share |
| Lot Size | 600 Shares |
| Total Issue Size | 56,54,400 shares (Aggregating up to ₹105.17 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,57,50,000 shares |
| Share holding post issue | 2,14,04,400 shares |
| Market Maker portion |
Bai Kakaji Polymers Timeline (Tentative Schedule)
Bai Kakaji Polymers IPO opens on December 23, 2025, and closes on December 26, 2025.
| IPO Open Date | December 23, 2025 |
| IPO Close Date | December 26, 2025 |
| Basis of Allotment | December 29, 2025 |
| Initiation of Refunds | December 30, 2025 |
| Credit of Shares to Demat | December 30, 2025 |
| Listing Date | December 31, 2025 |
| Cut-off time for UPI mandate confirmation | December 26, 2025 |
Bai Kakaji Polymers IPO Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | Rs.223,200 |
| Retail (Max) | 2 | 1,200 | Rs.223,200 |
| S-HNI (Min) | 3 | 1,800 | Rs.334,800 |
| S-HNI (Max) | 8 | 4,800 | Rs.892,800 |
| B-HNI (Min) | 9 | 5,400 | Rs.1,004,400 |
| HNI (Min) |
Bai Kakaji Polymers IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 73.55% |
Bai Kakaji Polymers IPO Reservation
Bai Kakaji Polymers IPO offers a total of 56,54,400 shares. Out of which 26,83,200 (47.45%) allocated to QIB, 10,75,200 (19.02%) allocated to QIB (Ex- Anchor), 8,06,400 (14.26%) allocated to NII, 18,81,600 (33.28%) allocated to RII, and 16,08,000 (28.44%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,83,200 (5.01%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 26,83,200 (47.45%) |
|
| NII (HNI) Shares Offered | 8,06,400 (14.26%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 18,81,600 (33.28%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 56,54,400 (100.00%) |
Bai Kakaji Polymers IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Bai Kakaji Polymers
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
Key Performance Indicator
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 41.23% |
| ROCE | 25.71% |
| Debt/Equity | 2.03 |
| RoNW | 34.18% |
| P/BV | 5.45 |
| PAT Margin (%) | 5.64% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.66 | 11.97 |
| P/E (x) | 15.95 | 15.54 |
Note:
- The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 202,5 available in RHP.
Objects of the Issue (Bai Kakaji Polymers IPO Objectives)
Bai Kakaji Polymers Contact Details
Bai Kakaji Polymers Ltd Plot No. M3 & M4 MIDC, |
Bai Kakaji Polymers IPO Registrar
Maashitla Securities Pvt.Ltd.
|