Bai Kakaji Polymers IPO Date, Review, Price, Allotment Details IPO
Bai Kakaji Polymers IPO Summary
IPO Open Date: 23 Dec 2025
IPO Close Date: 26 Dec 2025
Price Band: ₹177 to ₹186 Per Share
Issue Size: Approx ₹105.17 Crores
Listing Exchange: BSE SME
Website: https://baikakajipolymers.com
Bai Kakaji Polymers IPO Overview
Bai Kakaji Polymers IPO open date is December 23, 2025 and the IPO will close on December 26, 2025. Bai Kakaji Polymers IPO is a Book Build Issue. The company to raise around ₹105.17 crores via IPO that comprises fresh issue of ₹105.17 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Bai Kakaji Polymers IPO price band is ₹177 to ₹186 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Bai Kakaji Polymers IPO to list on BSE on December 31, 2025. The allotment of Bai Kakaji Polymers IPO date is December 29, 2025.
The company reported revenue of ₹[.] crores in 2025 against ₹286.33 crores in 2024. The company reported profit of ₹[.] crores in 2025 against profit of ₹11.84 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.
Bai Kakaji Polymers IPO Details
| Company Name | Bai Kakaji Polymers Limited |
| IPO Open Date | 23 Dec 2025 |
| IPO Close Date | 26 Dec 2025 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹177 to ₹186 Per Share |
| Issue Size | Approx ₹105.17 Crores |
| Fresh Issue | Approx ₹105.17 Crores |
| Offer for Sale | - |
| Issue Type | Book Build Issue |
| Listing On | BSE SME |
Bai Kakaji Polymers IPO Review & Key Points
NeutralBai Kakaji Polymers IPO Market Lot
The Bai Kakaji Polymers IPO minimum market lot is 1,200 shares with ₹2,23,200 application amount.
| Category | 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 |
Bai Kakaji Polymers IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 16,08,000 Shares | 28.44% |
| QIB (Ex. Anchor) | 10,75,200 Shares | 19.02% |
| NII / HNI | 8,06,400 Shares | 14.26% |
| Retail | 18,81,600 Shares | 33.28% |
Anchor Bidding Date: 22 Dec 2025
Anchor Issue Size: 29.91 Cr.
30 Days Lock-in: 28 Jan 2026
90 Days Lock-in: 29 Mar 2026
Bai Kakaji Polymers IPO Dates & Allotment
| IPO Opening Date | 23 Dec 2025 |
| IPO Closing Date | 26 Dec 2025 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 29 Dec 2025 |
| Refunds Initiation | 30 Dec 2025 |
| Credit to Demat | 30 Dec 2025 |
| IPO Listing Date | 31 Dec 2025 |
Bai Kakaji Polymers IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| 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 | ₹- |
Bai Kakaji Polymers Limited Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹275.09 | ₹269.35 | ₹4.18 | ₹91.55 |
| 2024 | ₹296.42 | ₹284.98 | ₹9.38 | ₹98.00 |
| 2025 | ₹332.12 | ₹306.22 | ₹18.37 | ₹203.69 |
| September 2025 | ₹168.56 | ₹150.72 | ₹12.81 | ₹195.45 |
Bai Kakaji Polymers IPO Valuation
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.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹11.66 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 41.23% |
| Return on Capital Employed (ROCE) | 25.71% |
| Return on Net Worth (RoNW) | 34.18% |
| Net Asset Value (NAV) | ₹34.12 |
| EBITDA Margin | 10.28% |
| PAT Margin | 5.64% |
| Debt to Equity Ratio | 2.03 |
Bai Kakaji Polymers IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Cool Caps Industries Ltd. | 10.36 | 7.37 | 21.84% | 47.42 | 271.85 Cr. |
| Technopack Polymers Ltd. | 2.72 | 6.50 | 8.61% | 18.46 | 17.45 Cr. |
Bai Kakaji Polymers IPO Promoters & Holding Pattern
The promoters of the company are Balkishan Pandurangji Mundada, Harikishan Pandurangji Mundada, Akash Balkishan Mundada, Akshay Balkishan Mundada and Kiran Balkishan Mundada.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,57,50,000 | 100% |
| Promoter Holding Post Issue | 2,14,04,400 | 73.55% |
Bai Kakaji Polymers IPO Lead Managers (Merchant Bankers)
- Hem Securities Ltd.
About Bai Kakaji Polymers Limited
Bai Kakaji Polymers Limited is a manufacturer and trader of plastic and polymer-based products, including PET preforms, plastic caps, and closures used primarily in the food and beverage packaging industries. The company is currently undergoing an Initial Public Offering (IPO) on the BSE SME exchange, with the issue closing today, December 26, 2025.
Bai Kakaji Polymers Limited Address
Maharashtra, India, 413531Phone: +91 9028254663
Email: [email protected]
Bai Kakaji Polymers IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues