Diksha Polymers was incorporated on March 03, 1998. The company manufactures PET bottles, containers, and PET preforms used across industries such as food and beverages, pharmaceuticals, lubricants, consumer goods, and agrochemicals. Operating through an in-house manufacturing facility with installed capacities of 2,163 MTPA for PET bottles and 1,913 MTPA for PET preforms, it produces customized products in various sizes and specifications using injection and blow moulding technologies
| Bidding Dates |
|---|
| 17 Jun 2026 - 19 Jun 2026 |
| Subscription |
|---|
| 2.79x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,68,800 | 2 | 2 | 1200 | 1.6 M | ₹112 | 69.24 % | ₹179.0 M | RHP DOC |
Diksha Polymers IPO SUBSCRIPTION STATUS
19 Jun '26Diksha Polymers IPO overall subscription rate was 2.79 times the total available shares
Diksha Polymers IPO retail subscription rate was 2.98 times in the retail segment
Diksha Polymers IPO non-institutional investor subscription rate was 2.6 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
19 Jun 2026 (Day 3) | 2.98x | 2.6x | - |
18 Jun 2026 (Day 2) | 1.58x | 1.74x | - |
17 Jun 2026 (Day 1) | 1.2x | 1.3x | - |
Diksha Polymers FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 51.3 | 4.1 | -3.8 | -6.6 | 14.3% |
| FY25 | 42.7 | 2.6 | 0.7 | -1.3 | 11.0% |
| FY24 | 19.7 | 1.0 | 0.1 | 0.0 | 9.2% |
Diksha Polymers IPO SUBSCRIPTION STATUS DETAILS
Diksha Polymers had 1.6 M shares on offer
Diksha Polymers IPO offer price was ₹112
Diksha Polymers IPO minimum Investment was ₹268800
Diksha Polymers IPO issue size was ₹ 179.0 M
Diksha Polymers had a minimum lot size of 1200 Shares per application
Diksha Polymers NUMBER OF SHARES ON OFFER
Diksha Polymers IPO IMPORTANT DATES
| Issue Open Date | 17 Jun 2026 |
| Issue close Date | 19 Jun 2026 |
| Allotment Date | 22 Jun 2026 |
| Refund Date | 23 Jun 2026 |
| Demat Account Credit Date | 23 Jun 2026 |
| Listing Date | 24 Jun 2026 |
| Listing on Exchange(s) | BSE |
| Diksha Polymers Allotment Status | Exchange/ Registrar |
Diksha Polymers IPO subscription opened on 17 Jun 2026, and closed on 19 Jun 2026
IPO allotment for Diksha Polymers was finalized on Monday, 22 Jun 2026
IPO listing for Diksha Polymers was on BSE on Wednesday, 24 Jun 2026
Diksha Polymers IPO LISTING GAINS
| Issue Price (adjusted) | 112.0 |
| Listing Open Price | 114.5 |
| Listing Close Price | 120.2 |
| Listing Gain% | 2.2% |
| Current Gain% | 25.0% |
Diksha Polymers Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Diksha Polymers Ltd. | 140 | 72.8 | 17.7 | 0.3 | 1.4 | 48.3 | 14.6 | 51.3 | 20 | 4.1 | 56.5 | 7.9 | 56.5 |
| Garware Hi-Tech Films Ltd. | 6973 | 16200 | 41.8 | 2.2 | 7.2 | 12.7 | 11.2 | 2185 | 1 | 338.2 | 2.1 | 166.9 | 19 |
| EPL Ltd. | 224.7 | 7198.1 | 18.5 | 2.2 | 1.5 | 13.6 | 7.9 | 4806.5 | 12.9 | 388.9 | 8.3 | 12.1 | 8.3 |
| AGI Greenpac Ltd. | 709.8 | 4592.2 | 12.7 | 3.1 | 1.7 | 14.6 | 9.9 | 2760.4 | 6 | 351.7 | 9.1 | 56 | 4.1 |
| Uflex Ltd. | 488.7 | 3529 | 11.1 | 0.1 | 0.2 | 3.9 | 1.4 | 15513 | 2.1 | 317.1 | 122.8 | 43.9 | 122.7 |
| Polyplex Corporation Ltd. | 1115.9 | 3503.1 | 77.9 | -1 | 0.5 | 1.1 | 0.5 | 7173.4 | 2.8 | 45 | -78.5 | 14.3 | -78.5 |
Diksha Polymers INFORMATION ON IPO ISSUE
About Diksha Polymers
Diksha Polymers was incorporated on March 03, 1998. The company manufactures PET bottles, containers, and PET preforms used across industries such as food and beverages, pharmaceuticals, lubricants, consumer goods, and agrochemicals. Operating through an in-house manufacturing facility with installed capacities of 2,163 MTPA for PET bottles and 1,913 MTPA for PET preforms, it produces customized products in various sizes and specifications using injection and blow moulding technologies
Object of the Issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings
- General corporate purpose
Diksha Polymers - PROMOTERS
| Name |
|---|
| Vivek Mandelia |
| Vipin Mandelia |
| Hemlata Mandelia |
| Anjana Mandelia |
| Riddhi Mandelia |
Diksha Polymers - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Vivek Mandelia | Chairman & Managing Director |
| Vipin Mandelia | Whole Time Director |
| Anjana Mandelia | Non-Executive Director |
| Praval Pratap Singh Tomar | Non-Executive Independent Director |
| Amit Khare | Non- Executive Independent Director |
Diksha Polymers Book Running Lead Manager
Aryaman Financial Services Limited
ipo@afsl.co.in
Diksha Polymers Registrar to the Offer
Cameo Corporate Services Limited
priya@cameoindia.com
Diksha Polymers Strengths
Diversified product portfolio
The company derives a significant portion of its revenue from PET bottles, PET preforms, and caps, which together contributed over 95% of revenue from operations during the last three financial years. Its diversified product mix helps reduce dependence on any single product and supports a more balanced revenue stream
Integrated manufacturing setup
The company operates three integrated manufacturing facilities in Gwalior, Madhya Pradesh, focused on producing PET preforms and PET bottles/containers. Its in-house manufacturing capabilities and installed capacities of 2,163 MTPA for PET bottles and 1,913 MTPA for PET preforms provide production flexibility, support customized solutions, and help optimize operating efficiency
Diksha Polymers Risks
Competition
The company operates in a highly competitive plastic products industry, facing competition from both organized and unorganized domestic and multinational players. Increased competition, pricing pressure, stronger marketing by competitors, or an inability to respond effectively to market changes could adversely affect its market position, profitability, and financial performance
Accidents risks
The company’s manufacturing operations are exposed to risks of industrial accidents, including employee injuries, damage to plant and machinery, and disruptions to production activities. Any such incident could lead to operational delays, increased costs, reduced production capacity, and an adverse impact on business performance and financial results
Manpower intensive
The company’s operations depend on the availability of a stable workforce, and any disruption due to labour shortages, strikes, work stoppages, wage pressures, or employee disputes could adversely affect production and operational efficiency. Such disruptions may lead to increased costs, delays in business activities, and negatively impact the company’s financial performance and cash flows
IPO FAQs
The promoters of the company are Vivek Mandelia, Vipin Mandelia, Hemlata Mandelia, Anjana Mandelia and Riddhi Mandelia.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 112.0 - 112.0.
The IPO application opens on Jun 17, 2026 and closes on Jun 19, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 268,800.0, the maximum value for this IPO is Rs 268,800.0.
This IPO will be allotted on Jun 22, 2026.
The refund will be credited to your account on Jun 23, 2026.
The allotted shares will be credited to your demat on Jun 23, 2026.
Diksha Polymers Ltd.’s shares listed on the stock exchanges on Jun 24, 2026.