IPO market

Bai-Kakaji Polymers IPO is a SME book building IPO. Issue size is 105 Cr. Price band is ₹177 to ₹186 per share. Minimum investment is ₹2.23 L. Lot size is 600 shares. Open from 23 Dec 2025 to 26 Dec 2025. Allotment on 23 Dec 2025. Listing on 23 Dec 2025 at BSE. Managed by Hem Securities Ltd. Registrar: Maashitla Securities Private Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band and lot size for Bai-Kakaji Polymers IPO. Price band is ₹177 to ₹186 per share. Face value is 10. Lot size is 600 shares. Minimum retail investment from ₹2.23 L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,23,200 |
| S-HNI (Min) | 3 | 1,800 | ₹3,34,800 |
| S-HNI (UPI) | 4 | 2,400 | ₹4,46,400 |
| S-HNI (Max) | 8 | 4,800 | ₹8,92,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,04,400 |
Pre-filled: Issue Price = ₹186, Lot Size = 600 shares, Listing Price = ₹190
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,23,200 | ₹190 | +₹4,800 |
| S-HNI (Min) | 3 | ₹3,34,800 | ₹190 | +₹7,200 |
| S-HNI (UPI) | 4 | ₹4,46,400 | ₹190 | +₹9,600 |
| S-HNI (Max) | 8 | ₹8,92,800 | ₹190 | +₹19,200 |
| B-HNI (Min) | 9 | ₹10,04,400 | ₹190 | +₹21,600 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.