Bai Kakaji Polymers Ltd. (BSE SME)

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Bai Kakaji Polymers

December 23, 2025 – December 26, 2025

Price ₹177 - ₹186
GMP Rumors * ₹0
Lot size 600
Issue size ₹105.17 cr
Allotment Dec 29, 2025
Listing Dec 31, 2025


Bai Kakaji Polymers Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
INDIVIDUAL 2 1200 223200 0
sHNI 3 1800 334800 0
bHNI 9 5400 1004400 0

Bai Kakaji Polymers Reservation

Category Shares Offered %
Total 0 100%

Bai Kakaji Polymers About

IPO Details
Total Issue Size56,54,400 shares (agg. up to 105.17 Cr)
Fresh Issue Size56,54,400 shares (agg. up to 105.17 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue1,57,50,000 shares
Share Holding Post Issue2,14,04,400 shares
Reserved for Market Maker2,83,200 shares (agg. up to 5.27 Cr)
Key Performance Indicators
Details will be added soon.
Financial Details In Crores
Period EndedDec-24Mar-24
Assets178.96148.38
Total Income238.05286.33
Profit After Tax13.2611.84
EBITDA31.2827.61
Net Worth50.4837.91
Reserves and Surplus46.4333.16
Total Borrowing104.784.83
Company Overview

Bai Kakaji Polymers is engaged in the manufacturing and trading of plastic and polymer-based products, primarily PET preforms, plastic caps, and closures.

Products cater mainly to packaged drinking water, carbonated beverages, juices, and dairy industries.

Operates four manufacturing units in Latur, Maharashtra, spread across ~33,000 sq. meters.

Uses advanced machinery such as SACMI Continuous Compression Molding, ASB Preform Molding, HUSKY PET Injection Molding, and in-house testing equipment to ensure quality and consistency.

IPO proceeds will be utilised for debt repayment (₹60.00 cr), installation of additional plant & machinery (₹9.80 cr), setting up a solar power project (₹12.94 cr), and general corporate purposes.

Strength

Strong in-house manufacturing capabilities – Modern facilities enable quality control and cost efficiency.

Wide domestic market presence – Serves customers across multiple regions and beverage segments.

Experienced promoters and management – Industry expertise supports operational stability and expansion.

Weakness

High dependence on PET preforms – Any decline in demand for the key product can materially impact revenue and profitability.

Geographical concentration – Major turnover comes from specific regions, increasing exposure to regional disruptions.

Supplier concentration risk – Dependence on a few suppliers in limited locations exposes the company to raw material price volatility and supply disruptions.

Bai Kakaji Polymers Lead Manager(s)

Bai Kakaji Polymers Address

Bai Kakaji Polymers Ltd. 
Address
Plot No. M3 & M4 MIDC,
Latur, Maharashtra, 413531
Phone: +91 9028254663
Email: cs@baikakaji.com
Website: https://baikakajipolymers.com/

Bai Kakaji Polymers Registrar

Maashitla Securities Private Limited
Address: Maashitla Securities Private Limited 451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Bai Kakaji Polymers Reviewers

Reviewer Recommendation File