Bai Kakaji Polymers IPO

BSELot: 0

LISTEDSME
Issue Price186
Listing188.2
Current206.8
Price Band
177 - ₹186
Lot Size
0
Issue Size
₹105.17 Cr
GMP
0
Subscription
1.39x

IPO Schedule

1
Open
23 Dec
2
Close
26 Dec
3
Allotment
-
4
Listing
31 Dec

About Bai Kakaji Polymers

Bai Kakaji Polymers Limited is engaged in the production of a wide array of polymer products, including polypropylene (PP) granules, polyethylene (PE) films, and specialized plastic compounds tailored to specific customer needs. The company operates through a vertically integrated model, ensuring quality control throughout the production process. Its revenue model is primarily based on the sale of its manufactured polymer products to both domestic and international customers. Bai Kakaji Polymers differentiates itself through its focus on customized solutions, technological advancements in manufacturing processes, and a strong emphasis on building long-term relationships with its clientele, giving it a competitive edge in a fragmented market.

Subscription Status

QIB
3.92x
NII
1.02x
Retail
0.10x
CategoryDay 3Day 2Day 2Day 1
QIB7.88x3.92x3.92x3.92x
NII7.84x0.96x0.96x1.02x
Retail3.56x0.27x0.27x0.10x
Total5.71x1.46x1.46x1.39x

Risk Factors

Fluctuations in Raw Material Prices: The company's profitability is susceptible to fluctuations in the prices of raw materials, such as crude oil derivatives, which are essential for polymer production.
Competition: The polymers and plastics industry is highly competitive, with numerous domestic and international players, which could exert pressure on pricing and market share.
Regulatory Changes: Changes in environmental regulations and government policies related to the plastics industry could impact the company's operations and profitability.
Economic Slowdown: An economic slowdown or recession could negatively impact demand for polymer products, affecting the company's revenue and profitability.