Search or Ask Iris
Ctrl+K
Welcome to Multibagg AI
Log in to access personalized features
Welcome to Multibagg AI
Log in to access personalized features
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Bai-Kakaji Polymers Limited is a manufacturer of PET preforms, plastic caps, and closures for the consumer goods packaging industry. Its product portfolio, which includes specialized closures like Alaska closures and CSD caps, serves sectors such as packaged drinking water, carbonated beverages, juices, and dairy products. Operating from four manufacturing units in Latur, Maharashtra, the company utilizes modern machinery and maintains strict quality control, holding an ISO 9001:2015 certification. The company recently expanded its capabilities by acquiring M/s Bai Kakaji Industries. With a strong presence in western and southern India, Bai-Kakaji Polymers Limited is led by an experienced management team with deep industry expertise.
Dec 23, 2025
Dec 26, 2025
Dec 31, 2025
SME
Closed
105.17 Cr
105.17 Cr
0 Cr
₹177 - ₹186
600
The net proceeds from the issue are proposed to be utilized for the following objectives:
Repayment and/or pre-payment, in full or part, of borrowings availed by the Company to reduce outstanding indebtedness, lower debt servicing costs, and improve the company's leverage capacity for future growth.
Funding capital expenditure for the installation of additional plant and machinery, specifically a SACMI CCM48SD Compression Moulding Machine and a SACMI SFM12LD Slitting & Folding combined Machine, to expand factory capacity.
Funding capital expenditure for setting up a 2.5 MW AC / 3.5MW DC ground-mounted solar power project under the Open Access mechanism to offset power consumption and reduce operational costs.
To fund general corporate purposes, including meeting operating expenses, initial development costs for new projects, strengthening business development and marketing capabilities, and addressing unforeseen exigencies.
24.73
7.52
—
—
34.18%
—
5.6%
13.2%
—
Extensive in-house manufacturing facilities with modern machinery ensuring quality control and operational efficiency.
Widespread and strong domestic market presence, particularly in western and southern India.
Experienced promoters and a strong management team with deep domain knowledge in the polymers industry.
Consistent financial performance with a strong track record of revenue growth and profitability.
Potential for under-utilization of manufacturing capacities which can impact financial performance.
High concentration of sales, with over 92% of revenue from a few states in western and southern India.
High concentration of ownership among promoters, which may limit influence from other shareholders.
Risk of failing to keep pace with rapid technological changes in the manufacturing industry.
Expansion of domestic presence into new geographical markets and customer segments.
Significant growth potential in the Indian plastics industry, which is projected to achieve substantial annual revenue.
Investment in technological upgrades and capacity expansion to enhance production efficiency.
Leveraging government initiatives like 'Make in India' to boost production and exports.
Intense competition from various large and small manufacturers in the plastics industry.
Adverse changes in government regulations, especially environmental laws related to plastic waste management.
Volatility in raw material prices (polymers) which are linked to petrochemicals.
Economic slowdowns or instability in financial markets could adversely affect demand and business conditions.
Bai-Kakaji Polymers Limited is a manufacturer of PET preforms, plastic caps, and closures for the consumer goods packaging industry. Its product portfolio, which includes specialized closures like Alaska closures and CSD caps, serves sectors such as packaged drinking water, carbonated beverages, juices, and dairy products. Operating from four manufacturing units in Latur, Maharashtra, the company utilizes modern machinery and maintains strict quality control, holding an ISO 9001:2015 certification. The company recently expanded its capabilities by acquiring M/s Bai Kakaji Industries. With a strong presence in western and southern India, Bai-Kakaji Polymers Limited is led by an experienced management team with deep industry expertise.
The Bai Kakaji Polymers Ltd. IPO is scheduled to open for subscription on Dec 23, 2025 and close on Dec 26, 2025. Investors can apply for shares during this period through eligible platforms.
The price band for the Bai Kakaji Polymers Ltd. IPO is ₹177 to ₹186. Investors can place bids within this range once the issue opens.
The minimum lot size for the Bai Kakaji Polymers Ltd. IPO is 600 shares. The minimum investment amount ₹1,11,600.
The total issue size of the Bai Kakaji Polymers Ltd. IPO is approximately ₹105.17. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Bai Kakaji Polymers Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Bai Kakaji Polymers Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Bai Kakaji Polymers Ltd. are expected to list on stock exchanges on Dec 31, 2025, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Bai Kakaji Polymers Ltd. IPO are proposed to be used for The net proceeds from the issue are proposed to be utilized for the following objectives:, Repayment and/or pre-payment, in full or part, of borrowings availed by the Company to reduce outstanding indebtedness, lower debt servicing costs, and improve the company's leverage capacity for future growth., Funding capital expenditure for the installation of additional plant and machinery, specifically a SACMI CCM48SD Compression Moulding Machine and a SACMI SFM12LD Slitting & Folding combined Machine, to expand factory capacity., Funding capital expenditure for setting up a 2.5 MW AC / 3.5MW DC ground-mounted solar power project under the Open Access mechanism to offset power consumption and reduce operational costs., To fund general corporate purposes, including meeting operating expenses, initial development costs for new projects, strengthening business development and marketing capabilities, and addressing unforeseen exigencies.
Before applying for the Bai Kakaji Polymers Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
