Diksha Polymers Ltd (BSE SME)

Diksha Polymers Ltd (BSE SME)

NSE - SMEClosed
Min. Investment
1,34,400
/ 1200 Shares
Check Allotment Status
Issue Price
112-112
Subscription
-
Issue Size
17.90
Lot Size
1200
Open
Jun 17, 2026
Close
Jun 19, 2026
Allotment
Jun 22, 2026
Listing
Jun 24, 2026

1. Diksha Polymers Ltd (BSE SME) IPO Details

Diksha Polymers Ltd IPO is a fixed price issue of ₹17.90 crores. The issue consists entirely of a fresh issue of 15.98 lakh shares (aggregating up to ₹18.00 Cr), with no offer-for-sale (OFS) component.

The bidding for the IPO starts next Wednesday, Jun 17, 2026, and ends on Jun 19, 2026. The allotment is expected to be finalized on Jun 22, 2026. The company will list on the BSE SME platform, with a tentative listing date fixed as Jun 24, 2026.

The issue price is set fixed at ₹112 per share. The lot size for an application is 1,200 shares, but the minimum application for retail investors is 2 lots (2,400 shares). The minimum amount of investment required by a retail investor is ₹2,68,800.

Grey Market Premium

Estimated listing gains (Live)

0

Financial Summary

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets28.2025.866.81
Total Income51.2742.7319.72
Profit After Tax4.122.631.01
EBITDA7.324.711.80
NET Worth8.524.401.77
Reserves and Surplus4.924.001.37
Total Borrowing15.1012.914.47

IPO Details

IPO Date17 to 19 Jun, 2026
Listing DateWed, Jun 24, 2026 T
Face Value₹ 10 per share
Issue Price₹112 per share
Lot Size1,200 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME
Total Issue Size15,98,400 shares (agg. up to ₹ 18 Cr)
Reserved for Market Maker81,600 shares (agg. up to ₹ 0.9139 Cr) Shreni Shares Ltd.
Fresh Issue (Ex Market Maker)15,16,800 shares (agg. up to ₹ 17 Cr)
Net Offered to Public15,16,800 shares (agg. up to ₹ 17 Cr)
Share Holding Pre Issue35,98,200 shares
Share Holding Post Issue51,96,600 shares

Issue Reservation

Investor CategoryShares Offered% of Net Issue% of Total Issue
NII (HNI) Shares Offered7,58,40050.00%47.45%
Retail Shares Offered7,58,40050.00%47.45%
Market Maker Shares Offered81,6005.11%
Total Shares Offered15,98,400100.00%100.00%

IPO Lot Size

ApplicationLotsSharesAmount
Individual investors (IND) (Min)22,400₹2,68,800
Individual investors (IND) (Max)22,400₹2,68,800
HNI (Min)33,600₹4,03,200

Recently Listed IPOs in Consumer Durables

CompanyIssue TypeIssue SizeIssue PriceListing Day CloseListing Gain/Loss %LTP
Bai Kakaji Polymers Ltd.SME₹105.17 Cr₹186₹188.20+1.18%₹179.90 ( +1.98% )

IPO Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/ prepayment, in full or in part, of certain outstanding borrowings13.75
2General Corporate Purposes2.25
Total16.00

Key Performance Indicator (KPI)

KPIMar 31, 2026
ROE48.32%
ROCE28.09%
Debt/Equity1.77
RoNW48.32%
PAT Margin8.03%
EBITDA Margin14.27%
Price to Book Value4.73

Pre/Post IPO Valuation

ParameterPre IPOPost IPO
EPS (₹)11.447.92
P/E (x)9.7914.14
Promoter Holding100%69.25%
Market Cap₹ 58.20 Cr.

IPO Expenses

#Issue ExpensesEst Amt (₹ Cr.)
1Lead manager(s) fees0.40
2Underwriting commission0.86
3Fees Payable to Market Maker0.40
4Fees Payable to Registrar to the Issue0.01
5Fees Payable to Auditor, Legal Advisors & Other Advisors0.09
6Fees Payable for Advertising and marketing expenses0.04
7Fees Payable to Regulators including stock exchanges0.07
8Fees Payable for Printing and distribution of issue stationary0.02
9Brokerage, selling commission and upload fees0.01
Total1.90

2. About Diksha Polymers Ltd (BSE SME)

Diksha Polymers Limited is an emerging player in the manufacturing and development of polymer-based products and consumer goods. The company focuses on expanding its production capabilities to deliver high-quality polymer compounds and finished merchandise for diverse industrial and household applications.

Business Verticals

  • Polymer Product Manufacturing: Developing customized plastic, structural components, and high-durability polymer items for retail and commercial markets.

  • Industrial Moulding Solutions: Providing specialized mass-scale moulding operations catering directly to corporate supply chains.


Track Record

  • Revenue Growth: Total income witnessed strong upward scaling, rising from ₹19.72 Cr in FY24 to ₹42.73 Cr in FY25, and reached a solid ₹51.27 Cr for the financial year ended March 31, 2026.

  • Profitability: Net profit (PAT) followed an aggressive upward trajectory, jumping from ₹1.01 Cr in FY24 to ₹2.63 Cr in FY25, and expanding further to ₹4.12 Cr in FY26.

  • Operational Scale: Maintained strong fiscal efficiency with a reported EBITDA of ₹7.32 Cr and a healthy PAT margin of 8.03% during the latest audited period ending March 2026.


Diksha Polymers Ltd IPO GMP

As of June 12, 2026, the Grey Market Premium (GMP) is currently ₹0.

Note: Although the early grey market premium indicators are flat before the public launch window next week, the company holds exceptionally robust capital efficiency parameters, including an ROE of 48.32% and a post-issue market cap matrix built on realistic pre-IPO valuation multiples.


Diksha Polymers Ltd IPO Allotment Status

The allotment is scheduled to be finalized on June 22, 2026.

Check Diksha Polymers Allotment Status

To check your status online, visit the official exchange interfaces or monitor the updates through the assigned RTA portal.

You can verify your status via:

  • BSE official portal

  • Authorized Registrar's tracking channel

  • Using your PAN number, Application ID, or DP ID/Client ID


Strengths

  • Excellent Capital Efficiency: Commands an outstanding operational profile with a Return on Equity (ROE) of 48.32% and a Return on Capital Employed (ROCE) of 28.09% as of March 2026.

  • Consistent Topline Expansion: Showcases powerful momentum with total income growing consistently from under ₹20 crore to over ₹51 crore within three fiscal cycles.

  • Debt to Equity Control: Balances its leverage safely against an expanding corporate net worth base of ₹8.52 Cr in FY26.

Weaknesses

  • Raw Material Price Volatility: Direct financial margins remain heavily vulnerable to international crude oil derivatives and polymer granules cost shifts.

  • Highly Fragmented Market: Faces competitive pricing pressures from massive unorganized local small-scale plastic molding operations across regional corridors.


How the Company Will Use IPO Money

The fresh issue proceeds (₹17.90 Cr) will be utilized for:

  • Debt Repayment: Repayment or prepayment, in full or part, of certain high-cost outstanding commercial bank borrowings (₹13.75 Cr).

  • General Corporate Purposes: Meeting regular baseline growth, corporate setup advancements, and listing administration expenses (₹2.25 Cr).


Lead Manager & Registrar

  • Market Maker: Shreni Shares Limited

  • Registrar Information: Allotment registries and tracking channels are managed in coordination with the designated processing registrar partners.

D
Founder | India IPO Updates

DIPAK DANGODARA

I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.