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Issue Open Date
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23-Dec-25
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Issue Closing Date
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26-Dec-25
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Application Money
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100
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Allotment Money
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Price Band
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177
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186
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Minimium Application No.
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1200
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Issue Size (Shares)
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4046400
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Market Lot
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1
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Objective
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1. Repayment and/or pre-payment, in full or part, of borrowing availed by our Company2. Funding capital expenditure for the installation of additional plant & machinery3. Funding capital expenditure for setting up a solar power project and4. General Corporate Purpose
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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1089600
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6603600
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6.06
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Qualified Institutional Buyers
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1075200
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8471400
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7.88
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Retail Individual Investors
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1881600
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6638400
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3.53
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Business Description
We started our business in 2013 with a single machine for manufacturing of plastic closures. Over the years, we expandedour operations by adding more machines and increasing our production capacity. Today, we use modern machines such asSACMI Continuous Compression Molding, ASB Preform Molding and HUSKY Pet Injection Molding machines fromglobally renowned OEMs to make closures and PET preforms. All our products go through strict quality checks to makesure they meet the required standards. In recent years, we have grown into a larger company focused on making PET bottlecaps in different shapes, sizes, and colors, along with cap handles used in many applications. During the nine months endedDecember 31, 2024, our sales were primarily concentrated in Maharashtra, Karnataka, Gujarat, Kerala, Telangana, AndhraPradesh together contributing 94.21% of total revenue and highlighting our strong presence in western and southern India.We also offer shrink and adhesive films to support our existing customers with a complete packaging solution. These filmsare in high demand, especially in industries that need strong and reliable packaging. Shrink film, made from LDPE (Low-Density Polyethylene), is mostly used for wrapping products together like bottles of water, soft drinks, or energy drinks. Itis commonly used for secondary or tertiary packaging and is a cheaper alternative to corrugated boxes. For the nine monthsperiod ended December 31, 2024, our revenue from sale of products stood at Rs. 23,279.26 lakhs of which revenue fromPet preforms, Plastic closures, Shrink film and other products contributed 68.52%, 19.60%, 6.26% and 5.62% respectively.In a strategic move to expand capabilities, the Company has acquired the business of M/s Bai Kakaji Industries from itsproprietor Mrs. Kiran Balkishan Mundada through a Business Transfer Agreement effective from 01st March 2025. Thisacquisition create significant synergies for the Company, enabling us to expand our operational capacity and better meetthe evolving needs of our clients. It also enhances our market presence and aligns with our long –term growth objectives.
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Promoter's Holding
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Total Share Capital
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15750000
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Offered to Public
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4046400
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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73.55
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Address |
Plot No. M3 & M4
M I D C
Latur,
Maharashtra,
413531
Phone : 9028254663
Email : cs@baikakaji.com
Website : https://baikakajipolymers.com
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Registrar |
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place
Pitampura
New Delhi
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Listed at |
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BSE
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Lead Manager |
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Hem Securities Ltd.
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Promoters |
Akash Balkishan Mundada
Akshay Balkishan Mundada
Balkishan Pandurangji Mundada
Harikishan Pandurangji Mundada
Kiran Balkishan Mundada
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