Diksha Polymers IPO
Price band
₹112
Lot size
1200 shares
Min investment
₹1,34,400
Issue size
₹17.90 Cr
IPO schedule
| Open date | 17 Jun 2026 |
| Close date | 19 Jun 2026 |
| UPI mandate cut-off | 19 Jun 2026 |
| Allotment finalisation | 22 Jun 2026 |
| Refund initiation | 23 Jun 2026 |
| Shares credited to demat | 23 Jun 2026 |
| Listing date | 24 Jun 2026 |
| Mandate end date | 3 Jul 2026 |
| Anchor lock-in (50%) | 21 Jul 2026 |
| Anchor lock-in (remaining) | 19 Sept 2026 |
Issue size
About Diksha Polymers
Diksha Polymers Limited is engaged in the manufacturing of PET (Polyethene Terephthalate) bottles, containers and PET preforms. PET containers are primarily used for packaging and storage of beverages, edible oils and other products, while PET preforms serve as an intermediate product used in the manufacture of PET containers. The company operates three manufacturing facilities located in Gwalior, Madhya Pradesh, with installed capacities for both PET bottles and PET preforms. Its revenue is mainly generated through the sale of PET bottles and containers, which contribute the majority of its operating revenue, followed by PET preforms. The company also earns a small portion of revenue from caps and the sale of scrap and waste. Its products are manufactured using injection moulding and blow moulding processes and cater to customers across industries such as food and beverages, lubricants, consumer goods, pharmaceuticals and agrochemicals.
Strengths
- Manufactures both PET bottles/containers and PET preforms, serving multiple packaging needs.
- Operates three manufacturing facilities with established production capacity.
- Supplies products to diverse industries including food, beverages, pharmaceuticals and agrochemicals.
- Has the capability to produce PET products in various sizes and shapes using moulding technologies.
- Revenue has grown over the last three financial years, supported by expanding product sales.
Risks
- A significant portion of revenue comes from PET bottles and PET preforms, increasing product concentration risk.
- The business depends on plastic-based products and could be affected by future restrictions on plastic usage.
- The company has ongoing tax-related legal proceedings against it and its promoters.
- A large share of purchases has historically been made from related parties.
- High working capital and funding requirements could increase dependence on borrowings and external financing.
Use of proceeds
| Repayment of borrowings | ₹13.75 (76.82%) Cr |
| General corporate purposes | ₹2.25 (12.57%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.