{"id":48923,"date":"2025-12-22T15:11:56","date_gmt":"2025-12-22T09:41:56","guid":{"rendered":"https:\/\/thedeccanmessenger.com\/index.php\/2025\/12\/22\/bai-kakaji-polymers-limited-launches-inr-105-17-crore-ipo\/"},"modified":"2025-12-22T15:11:56","modified_gmt":"2025-12-22T09:41:56","slug":"bai-kakaji-polymers-limited-launches-inr-105-17-crore-ipo","status":"publish","type":"post","link":"https:\/\/thedeccanmessenger.com\/index.php\/2025\/12\/22\/bai-kakaji-polymers-limited-launches-inr-105-17-crore-ipo\/","title":{"rendered":"Bai-Kakaji Polymers Limited launches INR 105.17 crore IPO"},"content":{"rendered":"<div>\n<p>\u2022 IPO opens on December 23, 2025; closes on December 26, 2025<br \/>\n\u2022 Face value: \u20b910 per equity share | Price Band: \u20b9177 to \u20b9186 per share<br \/>\n\u2022 Issue size: 56,54,400 equity shares aggregating up to \u20b9105.17 crore (at upper price band)<br \/>\n\u2022 Minimum application lot: 600 shares<\/p>\n<p><strong>IPO Details<\/strong><br \/>\nBai-Kakaji Polymers Limited, engaged in the manufacturing of PET preforms and specialized closures, has announced the launch of its Initial Public Offering (IPO) on the SME platform of BSE. The IPO will open on December 23, 2025 and close on December 26, 2025, with a price band of \u20b9177 to \u20b9186 per equity share of face value \u20b910 each.<\/p>\n<p>The public issue consists entirely of a fresh issue of 56,54,400 equity shares aggregating to \u20b9105.17 crore at the upper price band. The issue is being made through the 100% book building process and does not include any Offer for Sale.<\/p>\n<p>The issue is being managed by Hem Securities Limited as the Book Running Lead Manager, and Maashitla Securities Private Limited as the Registrar to the Issue. The equity shares are proposed to be listed on the SME platform of BSE.<\/p>\n<p><strong>Allocation Structure<\/strong><br \/>\n\u2022 Qualified Institutional Buyers (QIB): 26,83,200 equity shares<br \/>\n\u2022 Non-Institutional Investors (NII): 8,06,400 equity shares<br \/>\n\u2022 Retail Individual Investors (RII): 18,81,600 equity shares<br \/>\n\u2022 Market Maker (MM): 2,83,200 equity shares<\/p>\n<p><strong>Utilization of Proceeds<\/strong><br \/>\nThe net proceeds of the Issue are proposed to be utilized for the following purposes:<br \/>\n\u2022 Repayment and\/or pre-payment, in full or in part, of borrowings availed by the Company<br \/>\n\u2022 Funding capital expenditure for the installation of additional plant and machinery<br \/>\n\u2022 Funding capital expenditure for setting up a solar power project<br \/>\n\u2022 General corporate purposes<\/p>\n<p><strong>Company Overview<\/strong><br \/>\nIncorporated in 2013 and headquartered in Latur, Maharashtra, Bai-Kakaji Polymers Limited manufactures PET preforms and specialized closures used in packaged drinking water, carbonated beverages, juices, and dairy products. The company operates four manufacturing facilities in Latur, Maharashtra, spread across over 33,000 square meters with ~20,000 MTs Annual capacity of PET Preforms and ~44,000 Lacs Units annual capacity of Closures<\/p>\n<p><strong>Financial Highlights<\/strong><br \/>\nH1 FY26 (Not Annualized):<br \/>\nRevenue \u20b9162.11 crore | EBITDA \u20b924.35 crore | PAT \u20b912.81 crore<\/p>\n<p><strong>FY25:<\/strong><br \/>\nRevenue \u20b9326.00 crore | EBITDA \u20b933.51 crore | PAT \u20b918.37 crore<\/p>\n<p><strong>Forward-Looking Statement<\/strong><br \/>\nCertain statements in this release may be forward-looking in nature and involve risks and uncertainties. Actual results may differ materially from those expressed or implied. Bai-Kakaji Polymers Limited does not undertake to update these statements publicly.<\/p>\n<p><b>Disclaimer: <\/b><em>This press release is for informational purposes only and does not constitute financial advice.<\/em><\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u2022 IPO opens on December 23, 2025; closes on December 26, 2025 \u2022 Face value: \u20b910 per equity share | Price Band: \u20b9177 to \u20b9186 per share \u2022 Issue size: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":48924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[648],"class_list":["post-48923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts\/48923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/comments?post=48923"}],"version-history":[{"count":0,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts\/48923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/media\/48924"}],"wp:attachment":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/media?parent=48923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/categories?post=48923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/tags?post=48923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}