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Bai Kakaji Polymers IPO GMP: Day 2 IPO Live Updates

Wed Dec 24 2025

Bai Kakaji Polymers IPO GMP: Day 2 IPO Live Updates

The Bai Kakaji Polymers IPO GMP is ₹15 as of 24th 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

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 DATEIPO PriceGMP PriceEstimated Listing PriceEstimated Gain
24-12-2025₹186.00₹15.00₹201.008.06%
23-12-2025₹186.00₹15.00₹201.008.06%
22-12-2025₹186.00₹8.00₹194.004.30%
21-12-2025₹186.00₹0.00₹186.000.00%
20-12-2025₹186.00₹0.00₹186.000.00%
19-12-2025₹186.00₹0.00₹186.000.00%
18-12-2025₹186.00₹0.00₹186.000.00%
17-12-2025₹186.00₹0.00₹186.000.00%
16-12-2025₹186.00₹0.00₹186.000.00%
15-12-2025₹186.00₹0.00₹186.000.00%

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 Date29th December 2025
IPO Open Date23rd December 2025
IPO Close Date26th December 2025
Refund Initiation 30th December 2025
Issue Size56,54,400 shares(agg. up to ₹105 Cr)
Face Value₹10 per share
Lot Size600 Shares
Issue Price ₹177 to ₹186 per share
Issue TypeBookbuilding IPO
Listing AtBSE SME
Listing Date31st 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

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 IndicatorsValue
PE Ratio (Price-to-Earnings) 15.95
EPS (Earnings Per Share)11.66
RoNW34.18%
ROCE25.71%
ROE41.23%
EBITDA Margin10.28%
Price to Book Value5.45
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. 

IndicatorsPre-IPOPost-IPO
PE Ratio15.9515.54
EPS 11.6611.97

FAQs on Bai Kakaji Polymers IPO

What is the Bai Kakaji Polymers IPO GMP?

Currently, on 24th 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?

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.

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.

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