BAIKAKAJI
Bai Kakaji Polymers IPO, a SME IPO was listed on the exchange on December 31, 2025. The price band is set between ₹177 –186 , with a face value of ₹10 . Retail investors can apply with a minimum of 2 lots, each comprising 600 shares — amounting to ₹223,200 at the upper price.
Bai Kakaji Polymers IPO has been successfully listed on the exchange. Track the listing performance, current stock price, and post-listing trends. This information is for education only—not investment advice.
Bai Kakaji Polymers IPO SME Important Dates
Get important updates regarding Bai Kakaji Polymers IPO SME tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
Issue price ₹186
Issue
₹186
Open Date
Dec 23
Close Date
Dec 26
Allotment
Dec 29
Listing
Dec 31
Issue Size
5,654,400 shares
(aggregating up to ₹105.17 Cr)
Issue Price
₹177 – ₹186
Face Value
₹10/share
Market Lot
600 shares
Retail Min Investment
₹223,200
Listing At
BSE
Sale Type
fresh issue
Issue Type
book building
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 31 Dec 2025 Latest | ₹186 | ₹3 | ₹189 | ₹3 |
1.61%
|
12:00 PM |
| 30 Dec 2025 | ₹186 | ₹3 | ₹189 | ₹3 |
1.61%
|
12:00 PM |
| 30 Dec 2025 | ₹186 | ₹2 | ₹188 | ₹2 |
1.08%
|
12:00 PM |
| 28 Dec 2025 | ₹186 | ₹3 | ₹189 | ₹3 |
1.61%
|
12:00 PM |
| 27 Dec 2025 | ₹186 | ₹3 | ₹189 | ₹3 |
1.61%
|
12:00 PM |
| 26 Dec 2025 | ₹186 | ₹3 | ₹189 | ₹3 |
1.61%
|
12:00 PM |
| 25 Dec 2025 | ₹186 | ₹9 | ₹195 | ₹9 |
4.84%
|
12:00 PM |
| 24 Dec 2025 | ₹186 | ₹9 | ₹195 | ₹9 |
4.84%
|
12:00 PM |
| 23 Dec 2025 | ₹186 | ₹15 | ₹201 | ₹15 |
8.06%
|
12:00 PM |
| 22 Dec 2025 | ₹186 | ₹8 | ₹194 | ₹8 |
4.3%
|
12:00 PM |
| 21 Dec 2025 | ₹186 | ₹0 | ₹186 | ₹0 |
0%
|
12:00 PM |
| 20 Dec 2025 | ₹186 | ₹0 | ₹186 | ₹0 |
0%
|
12:00 PM |
| 19 Dec 2025 | ₹186 | ₹0 | ₹186 | ₹0 |
0%
|
12:00 PM |
Latest snapshot: Dec 26, 2025
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 3.76x | — |
| bNII (bids above ₹10L) | 9.27x | — |
| sNII (bids below ₹10L) | 4.98x | — |
| Individual Investors | 3.56x | — |
| Total | 3.67x | — |
Balkishan Pandurangji Mundada, Harikishan Pandurangji Mundada, Akash Balkishan Mundada, Akshay Balkishan Mundada and Kiran Balkishan Mundada are the company promoters.
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹223,200 |
| Retail (Max) | 1 | 600 | ₹111,600 |
| S-HNI (Min) | 3 | 1,800 | ₹334,800 |
| S-HNI (Max) | 8 | 4,800 | ₹892,800 |
| B-HNI (Min) | 9 | 5,400 | ₹1,004,400 |
Bai Kakaji Polymers Limited is engaged in the manufacturing and trading of a wide range of plastic and polymer-based products, primarily PET preforms (for bottles), CSD closures, Alaska closures, BT caps, water jar caps, shrink films, and other packaging items. The company operates four manufacturing units spanning over 33,000 square meters, enhanced by the acquisition of Bai Kakaji Industries for improved capabilities and efficiency. It serves the packaging needs of beverages, water, and other consumer goods sectors.
Growth Highlights: Demonstrated consistent financial growth with revenue contributions from PET preforms (~68.52%), plastic closures (~19.60%), shrink films (~6.26%), and others. Profit increased from ₹11.84 crores in FY2024 to higher in FY2025.
Key Strengths: Integrated manufacturing facilities, diversified product portfolio in packaging solutions, strategic acquisitions for expansion, focus on quality and operational efficiency, and plans for solar energy initiatives.
Standalone · ₹ in Crores
| Particulars | FY 2024 Latest |
|---|---|
| Total Revenue |
286.33
|
| Profit After Tax (PAT) |
11.84
|
| EBITDA |
27.61
|
| Total Assets |
148.38
|
| Net Worth |
37.91
|
| Reserves & Surplus |
33.16
|
| Total Borrowing |
84.83
|
Revenue & Profit Trend
The Bai Kakaji Polymers IPO is expected to open in December, 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Bai Kakaji Polymers IPO is ₹177.00 - ₹186.00 per share.
As per market sources, Bai Kakaji Polymers IPO GMP is currently ₹3.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Bai Kakaji Polymers IPO stands at 3.67x overall.
The listing date for Bai Kakaji Polymers IPO is December 31, 2025.
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