Published: 14 June 2026 | 6.00 AM
Last Updated: 14 June 2026 | 6.00 AM
IPO Overview / Intro
Diksha Polymers IPO is an SME Fixed Price issue aggregating to Rs. 17.90 crore. The IPO consists entirely of a fresh issue of 15,98,400 equity shares aggregating to Rs. 17.90 crore.
The IPO opens for subscription on 17 June 2026 and closes on 19 June 2026. The shares are proposed to be listed on BSE SME with a tentative listing date of 24 June 2026.
Diksha Polymers Ltd is engaged in the manufacturing of PET bottles, PET containers, PET preforms and caps catering to industries including food & beverages, lubricants, consumer goods, pharmaceuticals and agrochemicals.
Key Highlights
| Particulars |
Details |
| IPO Type |
SME Fixed Price IPO |
| Issue Size |
Rs. 17.90 Crore |
| Fresh Issue |
Rs. 17.90 Crore |
| Offer For Sale |
Nil |
| Issue Price |
Rs. 112 Per Share |
| Face Value |
Rs. 10 Per Share |
| Listing Exchange |
BSE SME |
| Lot Size |
1,200 Shares |
| Retail Application |
2,400 Shares |
| Market Cap |
Rs. 58.20 Crore |
| Listing Date |
24 June 2026 (Tentative) |
👉 | IPO GMP | IPO Reviews | IPO Subscription | IPO Allotment
Diksha Polymers IPO GMP – Latest Update
| GMP Details |
Value |
| Diksha Polymers IPO GMP Today |
Updating Soon |
| Kostak Rate |
Updating Soon |
| Allotted Applications |
Updating Soon |
Diksha Polymers IPO Subscription Status – Live Update
| Category |
Subscription |
| QIB Category |
Not Applicable |
| NII Category |
Updating Soon |
| Retail Category |
Updating Soon |
| Total Subscription |
Updating Soon |
IPO Details at a Glance
| Particulars |
Details |
| IPO Date |
17 June 2026 to 19 June 2026 |
| Listing Date |
24 June 2026 |
| Face Value |
Rs. 10 Per Share |
| Issue Price |
Rs. 112 Per Share |
| Lot Size |
1,200 Shares |
| Issue Type |
Fixed Price IPO |
| Listing At |
BSE SME |
| Total Issue Size |
15,98,400 Shares |
| Reserved for Market Maker |
81,600 Shares |
| Fresh Issue |
15,98,400 Shares |
| Offer For Sale |
Nil |
| Net Offered to Public |
15,16,800 Shares |
| Issue Size |
Rs. 17.90 Crore |
| Shareholding Pre Issue |
35,98,200 Shares |
| Shareholding Post Issue |
51,96,600 Shares |
| Market Cap |
Rs. 58.20 Crore |
IPO Timetable
| Event |
Date |
| IPO Open Date |
17 June 2026 |
| IPO Close Date |
19 June 2026 |
| Basis of Allotment |
22 June 2026 |
| Refund Initiation |
23 June 2026 |
| Credit of Shares |
23 June 2026 |
| Listing Date |
24 June 2026 |
Reservation
| Investor Category |
Reservation |
| NII Shares Offered |
7,58,400 Shares (50.00%) |
| Retail Shares Offered |
7,58,400 Shares (50.00%) |
| Market Maker Reservation |
81,600 Shares (5.11%) |
| Total Shares Offered |
15,98,400 Shares (100.00%) |
Lot Size
| Application Type |
Lots |
Shares |
Amount |
| Retail Minimum |
2 |
2,400 |
Rs. 2,68,800 |
| Retail Maximum |
2 |
2,400 |
Rs. 2,68,800 |
| S-HNI Minimum |
3 |
3,600 |
Rs. 4,03,200 |
Company Details
Diksha Polymers Ltd manufactures PET bottles, PET containers, PET preforms and caps used across food & beverages, lubricants, pharmaceuticals, agrochemicals and consumer products industries.
The company operates three manufacturing facilities spread across 26,879 sq. ft. with an installed capacity of 2,163 MTPA for PET bottles and 1,913 MTPA for PET preforms. Its integrated manufacturing setup allows the company to offer a complete packaging solution to customers across multiple sectors.
As of 31 March 2026, the company had 17 permanent employees.
Competitive Strengths
| Key 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 |
IPO Objects
| Sr. No. |
Objects of the Issue |
Amount |
| 1 |
Repayment / Prepayment of Certain Outstanding Borrowings |
Rs. 13.75 Crore |
| 2 |
General Corporate Purposes |
Rs. 2.25 Crore |
Company Address
| Particulars |
Details |
| Registered Office |
B-33, Maharajpura Industrial Area, Maharajpura A.F., Gwalior, Madhya Pradesh – 474020 |
| Phone |
+91 8966966666 |
| Email |
info@dikshagroup.in |
Lead Manager & Registrar
| Particulars |
Details |
| Lead Manager |
Aryaman Financial Services Ltd. |
| Registrar |
Cameo Corporate Services Ltd. |
| Registrar Contact |
+91-44-28460390 |
| Registrar Email |
priya@cameoindia.com |
| Market Maker |
Shreni Shares Ltd. |
Financials
| Particulars (Rs. Crore) |
FY2026 |
FY2025 |
FY2024 |
| Total Assets |
28.20 |
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 |
1.80 |
| Net Worth |
8.52 |
4.40 |
1.77 |
| Reserves & Surplus |
4.92 |
4.00 |
1.37 |
| Total Borrowings |
15.10 |
12.91 |
4.47 |
Valuation
Key Performance Indicators (KPI)
| KPI |
FY2026 |
| ROE |
48.32% |
| ROCE |
28.09% |
| Debt / Equity |
1.77 |
| RoNW |
48.32% |
| PAT Margin |
8.03% |
| EBITDA Margin |
14.27% |
| Price to Book Value |
4.73x |
EPS & Valuation
| Particulars |
Pre IPO |
Post IPO |
| EPS (Rs.) |
11.44 |
7.92 |
| P/E (x) |
9.79 |
14.14 |
Shareholding Pattern
| Particulars |
Pre Issue |
Post Issue |
| Promoter Holding |
100.00% |
69.25% |
Chanakya View
Investment Summary
| Parameter |
Observation |
| Business Segment |
PET Packaging Products |
| Industry Outlook |
Positive |
| Manufacturing Base |
Established |
| Profitability |
Improving |
| Return Ratios |
Strong |
| Revenue Growth |
Healthy |
| Valuation |
Moderately Priced |
| SME Liquidity |
Moderate |
Positives
| Strengths |
| Established PET Packaging Product Portfolio |
| Diversified End-User Industries |
| Strong Revenue Growth |
| Healthy Profit Growth |
| Strong ROE and Return Ratios |
| Borrowing Reduction Through IPO Proceeds |
Concerns
| Risks |
| SME Liquidity Risk |
| High Debt Levels Prior to IPO |
| Customer Concentration Risk |
| Raw Material Price Volatility |
| Competitive Packaging Industry |
| Limited Scale Compared to Larger Players |
Diksha Polymers Ltd operates in the PET packaging segment serving multiple industries including beverages, lubricants, pharmaceuticals and consumer products. Demand for PET packaging continues to benefit from growing consumption and increasing preference for lightweight packaging solutions.
The company has demonstrated healthy financial growth with revenue rising to Rs. 51.27 crore in FY2026 from Rs. 42.73 crore in FY2025, while profit after tax increased sharply to Rs. 4.12 crore from Rs. 2.63 crore during the same period.
The IPO proceeds are primarily being utilised for debt reduction, which should strengthen the balance sheet and improve future profitability. Return ratios remain strong and the company benefits from an integrated manufacturing setup.
Considering the healthy growth profile, strong return ratios, improving profitability and reasonable valuation metrics, the IPO appears suitable for investors with higher risk appetite looking at SME opportunities with medium to long-term investment horizons.
FAQs
What is Diksha Polymers IPO GMP today?
Diksha Polymers IPO GMP today is currently updating in the grey market. Investors should track live GMP updates before listing for the latest sentiment.
What is the Diksha Polymers IPO price band?
Diksha Polymers IPO is a fixed price issue with an issue price of Rs. 112 per share.
What is the Diksha Polymers IPO lot size?
The minimum application size is 2,400 shares and the minimum retail investment amount is Rs. 2,68,800.
When will Diksha Polymers IPO list?
Diksha Polymers IPO is expected to list on BSE SME on 24 June 2026.
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