Bai Kakaji Polymers IPO Subscription Day 1

Here, the Bai Kakaji Polymers IPO launched on 23rd December 2025. Bidding for the issue will close today, 31st December 2025. The primary aim of the Bai Kakaji Polymers IPO is to raise ₹105.17 crores from the market. Also, the Bai Kakaji Polymers IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Bai Kakaji Polymers IPO subscription and details. 

Bai Kakaji Polymers IPO Details 

The price band for Riddhi Display Equipment’s IPO has been set at ₹177 to ₹186 per share, and a total of 56,54,400 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

Bai Kakaji Polymers IPO Subscription Status

As of now, the Bai Kakaji Polymers IPO has been subscribed to 1.22 times. Of these, 0.07 times are subscribed by retail investors, 0.31 times by non-institutional investors, and 3.92 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Bai Kakaji Polymers’ IPO listing on 31st December 2025. Bai Kakaji Polymers also has a positive outlook behind the fresh issue of 0.57 crore shares, which will raise around Rs 105.17 crores.

Bai Kakaji Polymers IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Bai Kakaji Polymers IPO GMP for 23rd December 2025. 

The grey market premium for this IPO has surged to 8.06% or Rs 15.00 per share. It indicates that the estimated listing price per share is Rs 201.00. Numerous factors played a pivotal role in this jump in the GMP of Riddhi Display Equipment’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Bai Kakaji Polymers Ltd.

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, such as SACMI Continuous Compression Molding, ASB Preform Molding, and HUSKY Pet Injection Molding machines, as well as an SST Secure Seal Tester (analogue & tester), a Bridge strength tester, a 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.

Technical Indicators

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

Bai Kakaji Polymers IPO Listing Expectations

Bai Kakaji Polymers IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 8.06% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 201.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Bai Kakaji Polymers IPO Dates

Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.

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