Bai-Kakaji Polymers Limited launches INR 105.17 crore IPO

The public issue consists entirely of a fresh issue of 56,54,400 equity shares aggregating to ₹105.17 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.

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.

Allocation Structure
• Qualified Institutional Buyers (QIB): 26,83,200 equity shares
• Non-Institutional Investors (NII): 8,06,400 equity shares
• Retail Individual Investors (RII): 18,81,600 equity shares
• Market Maker (MM): 2,83,200 equity shares

Utilization of Proceeds
The net proceeds of the Issue are proposed to be utilized for the following purposes:
• Repayment and/or pre-payment, in full or in part, of borrowings availed by the Company
• Funding capital expenditure for the installation of additional plant and machinery
• Funding capital expenditure for setting up a solar power project
• General corporate purposes

Company Overview
Incorporated 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

Financial Highlights
H1 FY26 (Not Annualized):
Revenue ₹162.11 crore | EBITDA ₹24.35 crore | PAT ₹12.81 crore

FY25:
Revenue ₹326.00 crore | EBITDA ₹33.51 crore | PAT ₹18.37 crore

Forward-Looking Statement
Certain 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.

Disclaimer: This press release is for informational purposes only and does not constitute financial advice.

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