IPO IPO-Synopsis
Bai-Kakaji Polymers Ltd

Back

Registered Office: Plot No.M3 & M4 MIDC, , Latur - 413531 , Maharashtra , India.
Phone : +91 90282 54663   Fax:
Email :  cs@baikakaji.com  
Website :  https://baikakajipolymers.com
Initial public offer of up to 56,54,400 equity shares of face value of Rs10/- each (the "Equity Shares") of BAI-Kakaji Polymers Limited ("the Company" or "the Issuer") at an issue price of Rs177-Rs186 per equity share (including a share premium of Rs167- Rs176 per equity share) for cash, aggregating up to Rs100.08-Rs105.17 crores ("Public Issue") out of which 2,83,200 equity shares of face value of Rs10/- each, at an issue price of Rs177-Rs186 per equity share for cash, aggregating Rs5.01- Rs5.27 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 53,71,200 equity shares of face value of Rs10/- each, at an issue price of Rs177-Rs186 per equity share for cash, aggregating up to Rs95.07-Rs99.90 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.42% and 25.09% respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs186 per equity share of face value of Rs10/- each. The floor price is 18.6 times of the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Dec-25 26-Dec-25 Rs186.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Hem Securities Limited
Project Financed through Current Offer 105.17  
Post Issue Equity Share Capital 21.40  
Issue Price Rs186.00  
Projects
Repayment and/or pre-payment, in full or part, of borrowing availed by our CompanyFunding capital expenditure for setting up a solar power project
Funding capital expenditure for the installation of additional plant & machineryGeneral Corporate Purpose
Promoted By
Balkishan Pandurangji Mundada
Harikishan Pandurangji Mundada
Akash Balkishan Mundada
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd