Bai-Kakaji Polymers
Book Building issueSMEBSE₹105 Cr issue
+2.15%
Listing gain over issue price
Issue size
₹105 Cr
1 lot at cut-off
₹1,11,600
Lot size
600shares
Open
23 Dec 2025
Close
26 Dec 2025
Allotment
29 Dec 2025
Listing
31 Dec 2025
Listing performance
Issue price
₹186
Listed at
₹190
Listing-day close
₹188.20
Latest price
₹289.55
Close on 04 Nov 2026
Listing gain
+2.15%
Return since issue
+55.67%
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 23 Dec 2025 – 26 Dec 2025
- Listing date
- 31 Dec 2025
- Face value
- ₹1 per share
- Issue price
- ₹186 per share
- Lot size
- 600 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹105 Cr
- Market cap at offer price
- ₹398 Cr
- Promoter holding
- 100.00% → 73.55% pre-issue → post-issue
- ISIN
- INE1IJQ01026
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead managers
- Hem Securities Ltd.
- Registered office
- Plot No.M3 & M4 MIDC, Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 16,08,000 | — | — |
| Market maker | 2,83,200 | — | — |
Application size
Minimum 600 shares per lot, in multiples, at ₹186
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,11,600 |
| S-HNI (min) | 2 | 1,200 | ₹2,23,200 |
| S-HNI (max) | 8 | 4,800 | ₹8,92,800 |
| B-HNI (min) | 9 | 5,400 | ₹10,04,400 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Shares allocated
16,08,000
Anchor portion
₹29.91 Cr
at ₹186 per share
Valuation and performance
Valuation at offer price
₹186 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 11.66 | 11.97 |
| P/E (×) | 15.95 | 15.54 |
| Price to book (×) | 5.45 | — |
| Market cap | — | ₹398 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 34.18%
- ROCE
- 25.71%
- Debt / equity
- 2.03
- PAT margin
- 5.64%
- EBITDA margin
- 10.28%
- NAV per share
- ₹34.12
- Price to book
- 5.45
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
Offer documents
Bai-Kakaji Polymers IPO FAQs
What is the lot size of Bai-Kakaji Polymers IPO?
The minimum lot size of Bai-Kakaji Polymers IPO is 600 shares. One lot costs ₹1,11,600 at the cut-off price.
When does Bai-Kakaji Polymers IPO open and close?
Bai-Kakaji Polymers IPO opened for subscription on 23 Dec 2025 and closed on 26 Dec 2025.
What is the listing date of Bai-Kakaji Polymers IPO?
Bai-Kakaji Polymers IPO listed on 31 Dec 2025.