Bai Kakaji Polymers Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 30, 2025 to raise funds through Initial Public Offer (IPO).
Bai Kakaji Polymers Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.57 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Hem Securities Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Bai Kakaji Polymers IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital |
Total Issue Size | 56,56,000 shares (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,57,50,000 shares |
Share Holding Post Issue | 2,14,06,000 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35.00% of Net Issue |
NII Shares Offered | Not less than 15% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Mon, Jun 30, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 focuses on producing high-quality plastic granules i.e., PET preforms, Plastic caps and closures that cater to various industrial applications, particularly in packaged drinking water, carbonated beverages, juices & dairy products.
The company has four manufacturing units in Latur, Maharashtra across 33,000 square meters. It utilizes modern manufacturing techniques and machines like SACMI Continuous Compression Molding, ASB Preform Molding and HUSKY Pet Injection Molding machines, SST Secure Seal Tester (analogue & tester), Bridge strength tester, Vernier Calliper, etc.
Competitive Strength
Period Ended | 31 Dec 2024 | 31 Mar 2024 |
Assets | 178.96 | 148.38 |
Total Income | 238.05 | 286.33 |
Profit After Tax | 13.26 | 11.84 |
EBITDA | 31.28 | 27.61 |
Net Worth | 50.48 | 37.91 |
Reserves and Surplus | 46.43 | 33.16 |
Total Borrowing | 104.70 | 84.83 |
Amount in ₹ Crore |
The Company Bai Kakaji Polymers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | Repayment and/or pre-payment, in full or part, of borrowing availed by our Company | 60.00 |
2 | Funding capital expenditure for the installation of additional plant & machinery | 9.80 |
3 | Funding capital expenditure for setting up a solar power project | 12.94 |
4 | General Corporate Purpose |
Bai Kakaji Polymers Ltd.
Plot No. M3 & M4 MIDC,
Latur, Maharashtra, 413531
Phone: +91 9028254663
Email: cs@baikakaji.com
Website: https://baikakajipolymers.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Bai Kakaji Polymers IPO is a SME IPO of 56,56,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Bai Kakaji Polymers IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bai Kakaji Polymers IPO using UPI as a payment gateway. Zerodha customers can apply in Bai Kakaji Polymers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bai Kakaji Polymers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bai Kakaji Polymers IPO dates are not announced. Please check back again after some time.
Bai Kakaji Polymers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Bai Kakaji Polymers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Bai Kakaji Polymers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bai Kakaji Polymers IPO allotment status.
The Bai Kakaji Polymers IPO listing date is not yet announced. The tentative date of Bai Kakaji Polymers IPO listing is [.].
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