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( As on 18/12/2025 19:20)

Bai-Kakaji Polymers announces launch of initial public offering

Bai-Kakaji Polymers Ltd. has announced public offering of 5654400 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 176.00 per share. The gross proceeds of the issue are expected to be Rs 10,517.18 lakhs.

The company's initial public offer (IPO) will open on 23 December 2025 and is expected to close on 26 December 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 177.00-186.00 per share.

The IPO includes a fresh Issue of 5654400 Equity Shares of the Company at an price of Rs 186.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Bai-Kakaji Polymers Ltd. anticipates using the proceeds of the issue for .

HEM SECURITIES LTD. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.