BAIKAKAJI · BSE · Manufacturing
Bai Kakaji Polymers IPO listed on 31 Dec 2025 on BSE at ₹190.00, a gain of 2.15% over the issue price of ₹186.00. The IPO was subscribed 3.67x overall.
Bai Kakaji Polymers IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 23 Dec 2025 |
| IPO Close Date | 26 Dec 2025 |
| Basis of Allotment | 29 Dec 2025 |
| Initiation of Refunds | 30 Dec 2025 |
| Credit of Shares to Demat | 30 Dec 2025 |
| Listing Date | 31 Dec 2025 |
Listing day gain
+2.15%
Listed at ₹190 (issue ₹186)
Issue
₹186
Listing
₹190
Current
₹188.2
+1.18% vs issue
Day range
₹180.5 – ₹192
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
Fresh Issue
[.]
Offer for Sale
[.]
Issue Type
book building
Open Date
23 Dec
Close Date
26 Dec
Allotment
29 Dec
Listing
31 Dec
Last updated: 9 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 |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 26 Dec 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 | - |
Showing the latest subscription snapshot.
View full subscription historyBalkishan Pandurangji Mundada, Harikishan Pandurangji Mundada, Akash Balkishan Mundada, Akshay Balkishan Mundada and Kiran Balkishan Mundada are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹223,200 |
| Retail (Max) | 2 | 1,200 | ₹223,200 |
| 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 |
|---|---|
| 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 basis of allotment for Bai Kakaji Polymers IPO was finalised on 29 Dec 2025. You can check your allotment status using your PAN number or application number on the Maashitla Securities Pvt. ltd. portal or BSE.
The Bai Kakaji Polymers IPO is expected to open in Dec 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 31 Dec 2025.
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