Current IPO
Bai-Kakaji Polymers Ltd
Registered Office:
Plot No.M3 & M4 MIDC,,
Maharashtra ,
Latur,413531
Phone : +91 90282 54663
|
Fax : N/A
| Email :
cs@baikakaji.com
| Website : https://baikakajipolymers.com
Initial public offer of up to 56,54,400 equity shares of face value of Rs. 10/- each (the "Equity Shares") of BAI-Kakaji Polymers Limited ("the Company" or "the Issuer") at an issue price of Rs. 177-Rs. 186 per equity share (including a share premium of Rs. 167- Rs. 176 per equity share) for cash, aggregating up to Rs. 100.08-Rs. 105.17 crores ("Public Issue") out of which 2,83,200 equity shares of face value of Rs. 10/- each, at an issue price of
Rs. 177-Rs. 186 per equity share for cash, aggregating Rs. 5.01- Rs. 5.27 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 Rs. 10/- each, at an issue price of Rs. 177-Rs. 186 per equity share for cash, aggregating up to Rs. 95.07-Rs. 99.90 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: Rs. 186 per equity share of face value of Rs. 10/- 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 | Allotment | Application |
| 23-Dec-25 | 26-Dec-25 | 0.0 - 0.0 | 186.0 - 0.0 |
Minimum Application for shares in Nos : 1200.00 Further Multiples of : 600.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
Hem Securities Limited |
| Project Financed | 105.17 | |
| Post Issue | 21.40 | |
| Issue Price | 21.40 |
Projects
- Repayment and/or pre-payment, in full or part, of borrowing availed by our Company
- Funding capital expenditure for the installation of additional plant & machinery
- Funding capital expenditure for setting up a solar power project
- General Corporate Purpose
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Promoted By
Balkishan Pandurangji Mundada
Harikishan Pandurangji Mundada
Akash Balkishan Mundada
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Listing At
BSE - SME
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Registrar to the Issue
Maashitla Securities Pvt Ltd