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

Bai Kakaji Polymers IPO is open for bidding from 23rd December 2025 to 26th December 2025. It is a bookbuilding IPO of ₹105.17 crore, 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. 

Bai Kakaji Polymers IPO Details 

The Bai Kakaji Polymers IPO date is fixed between 23rd December 2025 and 26th December 2025. The face value of Bai Kakaji Polymers shares stands at ₹10 per share, and the IPO Issue price band is set at ₹177 to ₹186 per share

Maashitla Securities Private Limited is the registrar of the Bai Kakaji Polymers IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Bai Kakaji Polymers IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding IPO issue of 0.57 crore worth ₹105.17 crores. Bai Kakaji Polymers IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Bai Kakaji Polymers IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Bai Kakaji Polymers IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 23rd December 2025, Bai Kakaji Polymers IPO GMP stands at ₹8 per share, which means the share will likely show a listing at ₹194.00 on its tentative listing date, 31st December 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Bai Kakaji Polymers IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Bai Kakaji Polymers IPO GMP Review

Check out the detailed Bai Kakaji Polymers GMP IPO review for a thorough understanding of its potential to report listing gains on 31st December 2025. The Bai Kakaji Polymers IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Bai Kakaji Polymers IPO.

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.

Bai Kakaji Polymers’ IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, the brokers, investors, and RAs have a positive outlook for the Bai Kakaji Polymers IPO for its tentative listing day, which is 31st December 2025. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Bai Kakaji Polymers IPO.

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. 

Bai Kakaji Polymers IPO Subscription Status

The Bai Kakaji Polymers IPO is to be opened for bidding on 22nd December 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Bai Kakaji Polymers IPO Subscription Status. 

About Bai Kakaji Polymers Limited

Bai Kakaji Polymers is an Indian company engaged in the manufacturing and trading of a wide range of plastic and polymer-based products. The company focuses on producing high-quality plastic granules, i.e., PET preforms, Plastic caps and closures, catering to various industrial applications, particularly in packaged drinking water, carbonated beverages, juices & dairy products. The company has four manufacturing units in Latur, Maharashtra, covering 33,000 square meters. It utilises modern manufacturing techniques and machines like SACMI Continuous Compression Molding, ASB Preform Molding and HUSKY Pet Injection Molding machines, SST Secure Seal Tester (analogue & tester), Bridge strength tester, Vernier Calliper, etc.

Bai Kakaji Polymers Limited Financials

The company’s financial analysis is essential before applying for the Bai Kakaji Polymers IPO. Look at the table to learn about Bai Kakaji Polymers Limited’s financials. 

Explanation

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.

Bai Kakaji Polymers Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Bai Kakaji Polymers Limited.

Mr Hitesh Kumar Singla, Mr Nikhil Singla, Mr Nitin Dixit, and Mr Anil Kumar Sharma.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of Bai Kakaji Polymers IPO

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

Should I Invest in the Bai Kakaji Polymers IPO?

Explore the pros and cons of Bai Kakaji Polymers to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of Bai Kakaji Polymers IPO

• The company has in-house manufacturing facilities
• The company has a widespread reach in the domestic market
• The company has along-standingg association with customers
• The company has experienced promoters and a management team

Cons of Bai Kakaji Polymers IPO

• The company has a dependence on suppliers and raw materials risk
• The company has a production concentration risk
• The company has geographical concentration 

How to Apply for Bai Kakaji Polymers IPO?

Check the steps mentioned below to apply for Bai Kakaji Polymers Ltd.

• Step 1: Conduct thorough research on the Bai Kakaji Polymers IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lot of 1,200 shares worth ₹2,23,200
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Bai Kakaji Polymers IPO across multiple demat accounts to increase your chances of allotment. 

How to Check Bai Kakaji Polymers IPO Allotment Status?

You can check for the Bai Kakaji Polymers IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Bai Kakaji Polymers IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Bai Kakaji Polymers IPO allotment status.

Let’s Wrap

Bai Kakaji Polymers IPO is a bookbuilding issue of shares worth ₹105.17 crores. The shares of Bai Kakaji Polymers Limited will be listed on BSE and SME on its tentative listing date of 31st December 2025. Researching the Bai Kakaji Polymers IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Bai Kakaji Polymers IPO

How is the Bai Kakaji Polymers IPO?

Ans. Currently, on 23rd December 2025, the Bai Kakaji Polymers GMP (Grey Market Premium) stands at ₹8. It indicates that the estimated listing price could be ₹194 per share. It is a bookbuilding IPO of ₹105.17 shares. The face value of each Bai Kakaji Polymers share is ₹10 per share. 

What is the Bai Kakaji Polymers IPO price?

Ans. The Bai Kakaji Polymers IPO issue price band is set at ₹177.00 to ₹186.00 per share. 

Is the Bai Kakaji Polymers IPO a good investment?

Ans. 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.

Who is the registrar of the Bai Kakaji Polymers IPO?

Ans. 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.

What is the issue size of the Bai Kakaji Polymers IPO? 

Ans. Bai Kakaji Polymers IPO is a bookbuilding IPO for ₹105.17 shares. Moreover, the IPO is set to open on 23rd December 2025 and will be closed on 26th December 2025. 

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.

Upcoming IPOs

Current & Previous IPOs

Read Our Articles on the Best Stocks

Tech Stocks in India to Invest in 2025 | Tech Sector Stocks 

Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks 

Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks 

Paint Stocks in India to Invest in 2025 | Paint Sector Stocks 

Paper Stocks in India to Invest in 2025 | Paper Sector Stocks 

Best Semiconductor Stocks in India 2025 

Best Large Cap Stocks in India 2025 

Green Energy Penny Stocks

Best Cement Stocks To Invest In India

Also Explore

Univest Screeners

Explore Webstories on Univest 

Best Time To Buy Dividend Stocks

How RBI Policies Affect Dividend Stocks

Can Dividend Stocks Beat Inflation

What Is The Dividend Aristocrat List

Which Indian Psus Offer The Best Dividends

Large Cap Vs Small Cap Dividend Stocks