Bai Kakaji Polymers IPO Details
| IPO Open Date | December 23, 2025 |
| IPO Close Date | December 26, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹177 to ₹186 Per Share |
| Issue Size | Approx ₹105.17 Crores |
| Fresh Issue | Approx ₹105.17 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Bai Kakaji Polymers IPO Review & Key Points
- Review:
Bai Kakaji Polymers IPO Market Lot
The Bai Kakaji Polymers IPO minimum market lot is 1,200 shares with ₹2,23,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,200 | ₹2,23,200 |
| Retail Maximum | 2 | 1,200 | ₹2,23,200 |
| S-HNI Minimum | 3 | 1,800 | ₹3,34,800 |
| S-HNI Maximum | 8 | 4,800 | ₹8,92,800 |
| B-HNI Minimum | 9 | 5,400 | ₹10,04,400 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Bai Kakaji Polymers IPO Anchor Investors
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
Bai Kakaji Polymers IPO Dates
The Bai Kakaji Polymers IPO date is December 23 and the close date is December 26. The Bai Kakaji Polymers IPO allotment will be finalized on December 29 and the IPO listing on December 31.
| IPO Open Date: | December 23, 2025 |
| IPO Close Date: | December 26, 2025 |
| Basis of Allotment: | December 29, 2025 |
| Refunds: | December 30, 2025 |
| Credit to Demat Account: | December 30, 2025 |
| IPO Listing Date: | December 31, 2025 |
| IPO Bidding Cut-off Time: | December 26, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Balkishan Pandurangji Mundada, Harikishan Pandurangji Mundada, Akash Balkishan Mundada, Akshay Balkishan Mundada and Kiran Balkishan Mundada.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,57,50,000 | -% |
| Promoter Holding Post Issue | 2,14,04,400 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Repayment and/or pre-payment, in full or part, of borrowing availed by our Company | ₹60.00 |
| Funding capital expenditure for the installation of additional plant & machinery | ₹9.80 |
| Funding capital expenditure for setting up a solar power project | ₹12.94 |
| General Corporate Purpose | ₹- |
About Bai Kakaji Polymers IPO
To be updated soon
Bai Kakaji Polymers IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹275.09 | ₹269.35 | ₹4.18 | ₹91.55 |
| 2024 | ₹286.33 | ₹284.98 | ₹9.38 | ₹98.00 |
| December 2024 | ₹238.05 | ₹219.57 | ₹10.60 | ₹109.60 |
Bai Kakaji Polymers IPO Valuation – FY2024
Check Bai Kakaji Polymers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 30.59% |
| ROCE: | 20.19% |
| EBITDA Margin: | 7.04% |
| PAT Margin: | 3.18% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹5.96 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 26.53% |
| Net Asset Value (NAV): | ₹22.46 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Cool Caps Industries Ltd. | 3.40 | 239.56 | 9.17% | 37.07 | 161.03 Cr. |
| Technopack Polymers Ltd. | 2.07 | 11.11 | 6.19% | 33.73 | 13.09 Cr. |
IPO Lead Managers aka Merchant Bankers
- Hem Securities Ltd.
Company Address
Bai Kakaji Polymers Limited.
Plot No. M3 & M4 MIDC, Latur,
Maharashtra, India, 413531
E-mail: [email protected]
Phone: +91 9028254663
Website: https://baikakajipolymers.com
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
Bai Kakaji Polymers IPO FAQs
What is Bai Kakaji Polymers IPO?
Bai Kakaji Polymers IPO is SME IPO. The company is going to raise ₹105.17 Crores via IPO. The issue is priced at ₹177 to ₹186 per equity share. The IPO is to be listed on BSE.
When Bai Kakaji Polymers IPO will open for subscription?
The IPO is to open on December 23, 2025 for QIB, NII, and Retail Investors. The IPO will close on December 26, 2025.
What is Bai Kakaji Polymers IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Bai Kakaji Polymers IPO?
You can apply for Bai Kakaji Polymers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Bai Kakaji Polymers IPO Issue Size?
Bai Kakaji Polymers IPO issue size is ₹105.17 crores.
What is Bai Kakaji Polymers IPO Price Band?
Bai Kakaji Polymers IPO Price Band is ₹177 to ₹186.
What is Bai Kakaji Polymers IPO Lot Size?
The minimum bid is 1,200 Shares with ₹2,23,200 amount.
What is the Bai Kakaji Polymers IPO Allotment Date?
Bai Kakaji Polymers IPO allotment date is December 29, 2025.
What is the Bai Kakaji Polymers IPO Listing Date?
Bai Kakaji Polymers IPO listing date is December 31, 2025. The IPO is to list on BSE.
Note: The Bai Kakaji Polymers IPO price band and date are officially announced. The (Bai Kakaji Polymers IPO grey market premium) will be added to the IPO GMP page as it will start).
