Bai Kakaji Polymers Limited is engaged in manufacturing PET preforms, plastic caps and closures used in packaged drinking water, beverages, juices and dairy products. The company operates four manufacturing units in Latur, Maharashtra, equipped with advanced molding and quality testing machinery.
Bai Kakaji Polymers IPO
SME IPO | BSE SME
Bookbuilding IPO
IPO Dates
23 – 26 Dec 2025
Listing Date
31 Dec 2025 (Tentative)
Price Band
₹177 – ₹186
Lot Size
600 Shares
Issue Size
₹105.17 Crore
Market Cap
₹398.12 Cr (Pre-IPO)
Bai Kakaji Polymers IPO Details
| Issue Type | Bookbuilding IPO |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 56,54,400 shares (₹105.17 Cr) |
| Fresh Issue | 56,54,400 shares |
| Listing At | BSE SME |
| Lead Manager | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Market Maker | Hem Finlease Pvt. Ltd. |
IPO Timeline
| IPO Open | Tue, 23 Dec 2025 |
|---|---|
| IPO Close | Fri, 26 Dec 2025 |
| Allotment | Mon, 29 Dec 2025 |
| Refunds | Tue, 30 Dec 2025 |
| Demat Credit | Tue, 30 Dec 2025 |
| Listing | Wed, 31 Dec 2025 |
| UPI Cut-off | 5 PM on 26 Dec 2025 |
Bai Kakaji Polymers IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,23,200 |
| S-HNI (Min) | 3 | 1,800 | ₹3,34,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,04,400 |
Company Financials (₹ Crore)
| Period | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Income | 332.12 | 296.42 | 275.09 |
| PAT | 18.37 | 9.38 | 4.18 |
| EBITDA | 33.51 | 20.75 | 14.17 |
| Net Worth | 53.74 | 35.37 | 25.99 |
Key Performance Indicators
| ROE | 41.23% |
|---|---|
| ROCE | 25.71% |
| Debt / Equity | 2.03 |
| PAT Margin | 5.64% |
| EBITDA Margin | 10.28% |
| Pre IPO P/E | 15.95x |
| Post IPO P/E | 15.54x |
About Bai Kakaji Polymers Ltd.
Bai Kakaji Polymers Limited is engaged in manufacturing PET preforms, plastic caps and closures used in packaged drinking water, beverages, juices and dairy products. The company operates four manufacturing units in Latur, Maharashtra, equipped with advanced molding and quality testing machinery.
Objects of the Issue
- Repayment and/or pre-payment of borrowings
- Capital expenditure for new plant & machinery
- Setting up a solar power project
- General corporate purposes
For complete details, refer to the RHP.