Diksha Polymers IPO
GMP, Subscription, Price, Dates & Financial Details
Plastic Products
Diksha Polymers is engaged in the manufacturing of PET bottles, PET containers, PET preforms, and caps. PET containers are primarily used for packaging and storing beverages, edible oils, lubricants, and various other consumer and industrial products. PET preforms serve as the key raw material for…
Open Date
Wed, 17 Jun 2026
Close Date
Fri, 19 Jun 2026
Issue Price
₹ 112
Lot Size
1200
Issue Size
₹ 18.00 Cr
Minimum Investment
₹ 268,800 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Diksha Polymers IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹18.00 Crore, comprising a fresh issue of 15.17 Lakh equity shares aggregating to ₹17.00 Crore.
The Diksha Polymers IPO remained open for subscription from June 17, 2026, to June 19, 2026. The basis of allotment was finalized on June 22, 2026, and the company's shares were listed on BSE SME Platform on June 24, 2026.
The company had fixed the price at ₹112 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹268,800 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Aryaman Financial Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Diksha Polymers Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Diksha Polymers IPO Timeline (Tentative)
- IPO Open Date
- Wed, 17 Jun 26
- IPO Close Date
- Fri, 19 Jun 26
- Basis of Allotment
- Mon, 22 Jun 26
- Initiation of Refunds
- Tue, 23 Jun 26
- Credit of Shares to Demat
- Tue, 23 Jun 26
- Listing Date
- Wed, 24 Jun 26 — NSE & BSE
Open Date
17 June 2026
Close Date
19 June 2026
Basis Of Allotment
22 June 2026
Listing Date
24 June 2026
IPO Subscription
Check Live Subscription →The Diksha Polymers IPO has received bids for 44,55,600 shares against 15,16,800 shares offered, resulting in an overall subscription of 2.94x. the NII category is subscribed 2.74x, Retail Investors 3.14x, and QIBs 0x.
QIB
0x
NII
2.74x
RII
3.14x
Total
2.94x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,58,400 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 7,58,400 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 758,400 | 50% |
| Retail Investors | 758,400 | 50% |
| Total | 1,516,800 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 28.2 | 25.86 | 6.81 |
| Revenue | 51.27 | 42.73 | 19.72 |
| Profit After Tax | 4.12 | 2.63 | 1.01 |
| Net Worth | 8.52 | 4.4 | 1.77 |
| Reserve & Surplus | 4.92 | 4 | 1.37 |
| Total Borrowings | 15.1 | 12.91 | 4.47 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Diksha Polymers Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 48.32 | 59.75 | 57.06 |
| ROCE % | 28.09 | 23.52 | 26.54 |
| Debt / Equity | 1.77 | 2.93 | 2.52 |
| RoNW % | 48.32 | 59.75 | 57.06 |
| Pat Margin % | 8.03 | 6.16 | 5.13 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Diksha Polymers Ltd | 10 | 9.79 | 11.44 | 11.44 | 48.32 | 23.68 |
| TPL Plastech Ltd | 2 | 17.36 | 3.73 | 3.73 | 17.21 | 21.65 |
| Mitsu Chem Plast Ltd | 10 | 13.27 | 11.50 | 11.50 | 13.89 | 82.79 |
About Diksha Polymers Limited
Diksha Polymers is engaged in the manufacturing of PET bottles, PET containers, PET preforms, and caps. PET containers are primarily used for packaging and storing beverages, edible oils, lubricants, and various other consumer and industrial products. PET preforms serve as the key raw material for the production of PET bottles and containers.
The company's products cater to a diverse range of end-user industries, including food and beverages, lubricants, consumer goods, pharmaceuticals, agrochemicals, and other packaging-related sectors.
As of March 31, 2026, Diksha Polymers operated three manufacturing facilities with a combined area of 26,879 square feet. The company had an aggregate installed production capacity of 2,163 metric tonnes per annum (MTPA) for PET bottles and containers, and 1,913 MTPA for PET preforms.
The company employed 17 permanent employees as of March 31, 2026, supporting its manufacturing operations and business activities.
Diksha Polymers IPO Promoters
- Vivek Mandelia
- Vipin Mandelia
- Hemlata Mandelia
- Anjana Mandelia
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
69.25%
Diksha Polymers IPO Objective
The Company Diksha Polymers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings
- General Corporate Purpose
Diksha Polymers Limited Address / Contact Details
Diksha Polymers Ltd.
B-33, Maharajpura Industrial Area,
Maharajpura A.F., Gwalior, Gird,
Gwalior, Madhya Pradesh, 474020
Phone: +91 8966966666
Email: info@dikshagroup.in
Website: http://www.dikshagroup.in/
IPO Snapshot
Diksha Polymers IPO Lot Size
The Diksha Polymers IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,68,800 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,68,800.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 268,800.00 |
| Retail (Max) | 2 | 2,400 | 268,800.00 |
| S-HNI (Min) | 3 | 3,600 | 403,200.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Aryaman Financial Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Diksha Polymers IPO?
Diksha Polymers IPO is a Fixed price IPO with a total issue size of ₹18 crore. The Diksha Polymers IPO price band is ₹112 to 112 per share. The Diksha Polymers IPO subscription opens on Wed, Jun 17, 2026, and closes on Fri, Jun 19, 2026. The Diksha Polymers IPO will be listed on the BSE. Cameo Corporate Services Limited is the registrar for the Diksha Polymers IPO.
When will the Diksha Polymers IPO open for subscription?
The Diksha Polymers IPO opens on Wed, Jun 17, 2026 and closes on Fri, Jun 19, 2026
What is Diksha Polymers IPO Price Band?
Diksha Polymers IPO Price Band is ₹112 to 112 per share.
What is Diksha Polymers IPO Lot Size?
Diksha Polymers IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹268800 based on the upper price band
What is the minimum investment for Diksha Polymers IPO?
The minimum investment for Diksha Polymers IPO is ₹268800, based on one lot of 1200 shares at the upper price band of ₹112 per share.
How to apply for Diksha Polymers IPO?
Investors can apply for the Diksha 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, Jun 19, 2026. The application amount remains blocked until the Diksha Polymers IPO allotment is finalized.
What is Diksha Polymers IPO Issue Size?
Diksha Polymers IPO issue size is ₹18 crores.
What is the Diksha Polymers IPO Allotment Date?
Diksha Polymers IPO allotment date is Mon, Jun 22, 2026.
Who is the Diksha Polymers IPO Registrar?
The registrar for Diksha Polymers IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Diksha Polymers IPO allotment status, refund processing, and other IPO-related information.
Who is the Diksha Polymers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Diksha Polymers IPO are Aryaman Financial Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Diksha Polymers IPO Red Herring Prospectus (RHP).