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Bai Kakaji Polymers IPO Details

23 December - 26 December 2025 Closed
SME BSE

The Bai Kakaji Polymers IPO is a book build issue with a total issue size of ₹105.17 cr Bai Kakaji Polymers IPO opened for subscription on Dec 23, 2025 and closed on Dec 26, 2025. Bai Kakaji Polymers IPO is set price band at ₹177 to ₹186 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹223,200.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Dec 29, 2025, and listed on both the NSE and BSE on Dec 31, 2025.

Maashitla Securities Pvt. Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.

Before investing in the Bai Kakaji Polymers IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 177 – 186
Lot Size
600
Issue Size
₹105.17 Cr
Minimum Investment
₹223200 (1200 Shares)
Listing Date
31 December 2025

Current GMP

₹3 (+1.61%)

Open Date 23 December, 2025
Close Date 26 December, 2025
Market Cap -
Industry Engineering - Industrial Equipments
Sector Trading
Subscription 5.79x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Bai Kakaji Polymers Limited

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 specializes in the production of high-quality plastic granules and molded products, including PET preforms, plastic caps, and closures, catering to diverse industrial applications.

The company primarily serves industries such as packaged drinking water, carbonated beverages, juices, and dairy products, offering solutions that meet stringent quality and safety standards. With a strong focus on consistency, durability, and performance, Bai Kakaji Polymers has established itself as a reliable supplier within the packaging value chain.

Bai Kakaji Polymers operates four manufacturing units located in Latur, Maharashtra, spread across a total area of approximately 33,000 square meters. The facilities are equipped with advanced and modern manufacturing infrastructure, enabling efficient production and quality control.

The company employs state-of-the-art machinery and testing equipment, including SACMI Continuous Compression Molding machines, ASB Preform Molding machines, HUSKY PET Injection Molding machines, as well as quality assurance tools such as SST Secure Seal Testers (analog and digital), bridge strength testers, and vernier calipers. These capabilities support the company’s commitment to high product quality, operational efficiency, and compliance with industry standards.

Bai Kakaji Polymers IPO Promoters

  1. Balkishan Pandurangji Mundada
  2. Harikishan Pandurangji Mundada
  3. Akash Balkishan Mundada
  4. Akshay Balkishan Mundada 
  5. Kiran Balkishan Mundada 
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

73.55%

Bai Kakaji Polymers IPO Objective

The Company Bai Kakaji Polymers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company 
  2. Funding capital expenditure for the installation of additional plant & machinery 
  3. Funding capital expenditure for setting up a solar power project 
  4. General Corporate Purpose 


Address / Contact Info

Bai Kakaji Polymers Ltd.
Plot No. M3 & M4 MIDC,
Latur, Maharashtra, 413531
Phone: +91 9028254663
Email: cs@baikakaji.com
Website: https://baikakajipolymers.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 177 – 186
Lot Size600
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 0.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 105.17 Cr
Listing AtBSE
IndustryEngineering - Industrial Equipments
SectorTrading
QIB Quota28.57%
BNII Quota14.29%
SNII Quota7.14%
Retail Quota50%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Bai Kakaji Polymers IPO is a Book-building IPO with a total issue size of ₹105.17 crore. The Bai Kakaji Polymers IPO price band is ₹177 to 186 per share. The Bai Kakaji Polymers IPO subscription opens on Tue, Dec 23, 2025, and closes on Fri, Dec 26, 2025. The Bai Kakaji Polymers IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Bai Kakaji Polymers IPO.

The Bai Kakaji Polymers IPO opens on Tue, Dec 23, 2025 and closes on Fri, Dec 26, 2025

Bai Kakaji Polymers IPO Price Band is ₹177 to 186 per share.

Bai Kakaji Polymers IPO lot size is 600 shares, Retail investors need a minimum investment of ₹223200 based on the upper price band

The minimum investment for Bai Kakaji Polymers IPO is ₹223200, based on one lot of 600 shares at the upper price band of ₹186 per share.

Investors can apply for the Bai Kakaji Polymers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Dec 26, 2025. The application amount remains blocked until the Bai Kakaji Polymers IPO allotment is finalized.

Bai Kakaji Polymers IPO issue size is ₹105.17 crores.

Bai Kakaji Polymers IPO allotment date is Wed, Jul 1, 2026.

The registrar for Bai Kakaji Polymers IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Bai Kakaji Polymers IPO allotment status, refund processing, and other IPO-related information.

The Bai Kakaji Polymers IPO GMP (Grey Market Premium) is ₹3 as of Wed, Dec 31, 2025. Based on the upper price band of ₹186 per share, the estimated Bai Kakaji Polymers IPO listing price is ₹189, indicating a potential listing gain of approximately 0% over the issue price.