Bai Kakaji Polymers IPO GMP: Day 1 IPO Live Updates

Name: Stock Advisory service In India
Brand: univest
Rating: 4.4 (197000 reviews)

Posted by : sachet | Tue Dec 23 2025

Bai Kakaji Polymers IPO GMP: Day 1 IPO Live Updates

The Bai Kakaji Polymers IPO GMP is ₹15 as of 23rd December 2025. It is a book-building issue IPO of ₹105.17 crores. This is an entirely fresh issue of 0.57 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 31st December 2025. The face value of Bai Kakaji Polymers IPO shares is ₹10 per share, and the IPO price band is ₹177 to ₹186 per share. Retail investors can bid for a minimum of 2 lots of 1,200 shares worth ₹2,32,200

Table of Contents

Bai Kakaji Polymers IPO GMP Grey Market Premium

As mentioned earlier, the Bai Kakaji Polymers IPO GMP currently stands at ₹15.00 per share. Thus, the estimated listing price would be flat at ₹201. This indicates that the estimated listing gain in this IPO could be 8.06%. Explore the table for Riddhi Display Equipment IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
23-12-2025	₹186.00	₹15.00	₹201.00	8.06%
22-12-2025	₹186.00	₹8.00	₹194.00	4.30%
21-12-2025	₹186.00	₹0.00	₹186.00	0.00%
20-12-2025	₹186.00	₹0.00	₹186.00	0.00%
19-12-2025	₹186.00	₹0.00	₹186.00	0.00%
18-12-2025	₹186.00	₹0.00	₹186.00	0.00%
17-12-2025	₹186.00	₹0.00	₹186.00	0.00%
16-12-2025	₹186.00	₹0.00	₹186.00	0.00%
15-12-2025	₹186.00	₹0.00	₹186.00	0.00%

Note: GMP details are subject to change based on market conditions and fluctuations. Check live Bai Kakaji Polymers IPO GMP status at Univest.

Bai Kakaji Polymers IPO Details

IPO Allotment Date	29th December 2025
IPO Open Date	23rd December 2025
IPO Close Date	26th December 2025
Refund Initiation	30th December 2025
Issue Size	56,54,400 shares(agg. up to ₹105 Cr)
Face Value	₹10 per share
Lot Size	600 Shares
Issue Price	₹177 to ₹186 per share
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Listing Date	31st December 2025

Also Read: Bai Kakaji Polymers IPO GMP & Review: Apply or Avoid?

Explanation

Bai Kakaji Polymers IPO: Bai Kakaji Polymers IPO Limited has declared an issue price band of ₹177 to ₹186 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 1,200 shares, each worth ₹2,23,200. The face value of Bai Kakaji Polymers IPO Limited shares is ₹10 per share. The shares of Bai Kakaji Polymers IPO Limited will be listed on BSE and SME on its tentative listing day, 31st December 2025. Scroll down to check GMP updates and Bai Kakaji Polymers IPO reviews.

Bai Kakaji Polymers IPO Objectives

The primary aim of the Bai Kakaji Polymers IPO is to raise ₹105.17 crores. On the other hand, Bai Kakaji Polymers has decided to utilise these funds in different ways.

To Repayment and/or pre-payment, in whole or part, of borrowing availed by our Company
To fund capital expenditure for the installation of additional plant & machinery
To fund capital expenditure for setting up a solar power project
To General Corporate Purpose

Bai Kakaji Polymers IPO Registrar

Maashitla Securities Private Limited is the registrar for the Bai Kakaji Polymers IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Bai Kakaji Polymers allotment and refund, you can contact Maashitla Securities Private Limited at investor.ipo@maashitla.com or at +91-11-45121795-96.

Bai Kakaji Polymers IPO Review

The Bai Kakaji Polymers IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Bai Kakaji Polymers Limited’s revenue increased by 12% from ₹296.42 crores in March 2024 to ₹332.12 crores in March 2025. Moreover, the company’s PAT increased by 96% from ₹9.38 crores in March 2024 to ₹18.37 crores in March 2025. Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Bai Kakaji Polymers IPO or not.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	15.95
EPS (Earnings Per Share)	11.66
RoNW	34.18%
ROCE	25.71%
ROE	41.23%
EBITDA Margin	10.28%
Price to Book Value	5.45
Market Capitalisation	₹398.12 Cr

The PE ratio of Bai Kakaji Polymers Limited shares is 15.95, and its Earnings Per Share (EPS) stands at 11.66. Thus, the Bai Kakaji Polymers IPO can deliver gains on its tentative listing date, 31st December 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Bai Kakaji Polymers Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	15.95	15.54
EPS	11.66	11.97

FAQs on Bai Kakaji Polymers IPO

What is the Bai Kakaji Polymers IPO GMP?

Currently, on 23rd December 2025, the Bai Kakaji Polymers IPO GMP (Grey Market Premium) stands at ₹15. This indicates that the estimated listing price could be ₹201.00 per share.

What is the issue price of Bai Kakaji Polymers IPO?

The Bai Kakaji Polymers IPO issue price band is set at ₹177.00 to ₹186.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 1,200 shares, worth ₹2,23,200. Moreover, HNIs are required to bid for a minimum of 3 lots (1,800 shares) worth ₹3,34,800.

Who is the registrar of the Bai Kakaji Polymers IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Bai Kakaji Polymers IPO, download the Bai Kakaji Polymers IPO RHP and Bai Kakaji Polymers IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.