IPO details · Updated
Diksha Polymers Limited
- Price Band
- ₹112
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,34,400
- Issue Size
- ₹17.9 Cr
- Offer Dates
- 17 Jun – 19 Jun 2026
- Listing
- 24 Jun 2026
Issue Details
- Total Issue Size
- ₹17.9 Cr
- 15,98,400 shares
- Fresh Issue
- ₹17.9 Cr
- 15,98,400 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 35,98,200
- Shares Post-Issue
- 51,96,600
IPO Timeline
Offer opens
17 Jun 2026
Offer closes
19 Jun 2026
Allotment
22 Jun 2026
Listing
24 Jun 2026
Issue Allocation
Share of the offer reserved for each investor category
- HNI47.4%7,58,400 shares
- Retail47.4%7,58,400 shares
- MarketMaker5.1%81,600 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | 7,58,400 | 19,94,592 | 2.63x |
| Retail | 7,58,400 | 23,81,376 | 3.14x |
| Total | 15,16,800 | 43,75,968 | 2.88x |
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,68,800 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 28.2 | 25.86 | 6.81 |
| Total Income | 51.27 | 42.73 | 19.72 |
| Profit After Tax | 4.12 | 2.63 | 1.01 |
| EBITDA | 7.32 | 4.71 | 1.8 |
| Net Worth | 8.52 | 4.4 | 1.77 |
| Reserves & Surplus | 4.92 | 4 | 1.37 |
| Total Borrowing | 15.1 | 12.91 | 4.47 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 48.32 |
| ROCE (%) | 28.09 |
| EPS (₹) | 11.44 |
| P/E (pre-issue) | 9.79 |
| P/E (post-issue) | 14.14 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| TPL Plastech Limited | 17.36 | 17.21% |
| Mitsu Chem Plast Ltd | 13.27 | 13.89% |
About Diksha Polymers Limited
Diksha Polymers is engaged in the manufacturing of PET bottles/containers, PET preforms, and caps. PET containers are primarily used for storing beverages, oils, and other related products, while PET preforms used as a raw material for PET containers. PET Containers are used is wide range of industries i.e., lubricants, food and beverages, consumer goods, pharmaceuticals, agrochemicals, etc. Manufacturing facility: As on March 31, 2026, it has three manufacturing facilities across a total area of 26,879 sq. ft. Aggregate installed capacity of2,163 MTPA for PET bottles and 1,913 MTPA for PET Preforms. As of March 31, 2026, the company had 17 permanent employees. Competitive Strengths Product Portfolio of PET Bottles, PET Preforms, and Caps Integrated and well-established manufacturing setup Strategically located manufacturing facilities Healthy Financial Performance Experienced Promoters and Management Team
Objects of the Issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings (₹13.75 Cr)
- General Corporate Purposes (₹2.25 Cr)
- Issue Expenses (₹1.90 Cr)
Promoters
- Vivek Mandelia
- Vipin Mandelia
- Hemlata Mandelia
- Anjana Mandelia
- Riddhi Mandelia
Company Information
- Book running lead managers
- Aryaman Financial Services Ltd.
- Registered office
- B-33, Maharajpura Industrial Area, Maharajpura A.F., Gwalior, Gird, Gwalior, Madhya Pradesh, 474020
- Market maker
- Shreni Shares Ltd.
Official Documents
Opens the source filing in a new tab
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.