Diksha Polymers
OPENIPO Date: 17 Jun - 19 Jun 2026
Listing Date: 24 Jun 2026
Price Range
Rs.112 - Rs.112
Issue Size
18 Cr
Min Investment
₹1,34,400
Lot Size
1200 Shares
Schedule of Diksha Polymers
Issue open date
17 Jun 2026
Issue close date
19 Jun 2026
UPI mandate deadline
19 Jun 2026 (5 PM)
Allotment finalization
22 Jun 2026
Share credit
23 Jun 2026
Listing date
24 Jun 2026
Mandate end date
3 Jul 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 18 Cr |
| Fresh Issue | 17.9 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 22 Jun 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 18 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
| 17 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
| 16 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
| 15 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
| 14 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
| 13 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
| 12 Jun 2026 | ₹112 | ₹0 | ₹112 (0%) |
Performance Diksha Polymers
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.112 - Rs.112 | .... | .... | .... |
About Diksha Polymers
Diksha Polymers Limited is a manufacturer of PET bottles, containers, and PET preforms. PET bottles and containers are used for storing products such as beverages, edible oils, pharmaceuticals, agrochemicals, lubricants, and consumer goods, while PET preforms serve as the raw material for manufacturing PET containers. The company also derives a small portion of its revenue from the sale of caps, scrap, and waste materials. Its products are manufactured using injection moulding and blow moulding processes, with product weights ranging from 8 grams to 250 grams. The company operates three manufacturing facilities located in the Industrial Area, Maharajpura, Gwalior, Madhya Pradesh, spread across a total area of 26,879 sq. ft. As of March 31, 2026, these facilities had an installed production capacity of 2,163 MTPA for PET bottles and containers and 1,913 MTPA for PET preforms. Following the acquisition of the business of Diksha Packaging in September 2024, the company integrated the manufacturing of PET preforms into its operations.
| Founded in | 1998 |
| Managing director | Mr Vivek Mandelia |
| Parent organization |
Financial Overview
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.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 1.72 |
| Retail Individual Investors (RIIs) | 1.67 |
| Employee | N/A |
| Total | 1.7 |