Investors who applied for the Bai Kakaji Polymers IPO are eagerly awaiting their share allocation. Here’s everything you need to know about the allotment process, refunds, and the upcoming listing.
IPO Overview
The company offered 105.17 crore rupees of shares at a price band of ₹177‑₹186 per share. The issue opened for subscription from December 23 to 26.
Subscription Highlights
- Total oversubscription: 5.17 times
- Non‑institutional investors (NII): 7.84 times
- Retail investors: 3.56 times
- Qualified Institutional Buyers (QIB): 7.88 times
Because the retail segment was oversubscribed, shares will be allocated to retail individual investors (RIIs) on a proportional basis.
How to Check Your Allotment
Via the Registrar (Maashitla Securities)
- Visit Maashitla Securities’ allotment page.
- Select “Bai Kakaji” from the drop‑down list.
- Enter your PAN, demat account number, or application number.
- Click “SUBMIT” to view your status.
Via the BSE Website
- Go to the BSE allotment page: BSE IPO Allotment Check.
- Select “Equity” under Issue Type and choose the Bai Kakaji Polymers IPO.
- Enter your PAN or application number.
- Complete the captcha and click “Submit” to see the result.
Refund and Listing Timeline
If you do not receive an allotment, refunds will start on December 30, 2025, and the credited amount will appear in your demat account the same day. The shares, if allotted, are expected to be listed on the BSE SME platform on December 31, 2025.
Estimated Listing Price
The grey market premium (GMP) is currently around ₹3 per share, implying a likely listing price of about ₹189 – roughly a 1.6% premium over the upper price band.
About Bai Kakaji Polymers
Bai Kakaji Polymers manufactures and trades a range of plastic and polymer products, including PET preforms, caps, and closures used in packaged drinking water, carbonated drinks, juices, and dairy items. Net proceeds from the IPO will fund working capital and general corporate purposes.
Disclaimer
Remember, this is perspective, not a prediction. Always do your own research or consult a certified financial advisor before making any investment decisions.