Diksha Polymers
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Diksha Polymers
Price 112
GMP Rumors ₹2
Lot size 1200
Issue size ₹18 Cr
Allotment 22-06-2026
Listing 24-06-2026
Suggestion Avoid
Allotment Status Cameo
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About

BSE List Price : ₹114.50

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Category Times
QIBs 0.00x
HNIs 2.74x
Retail 3.14x
Total : 2.94x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 2,400 ₹268,800
Retail Maximum 2 2,400 ₹268,800
S-HNI Minimum 3 3,600 ₹403,200

About the Company

Diksha Polymers is a prominent manufacturer of PET bottles and containers, PET preforms, and caps. Its PET bottles and containers are widely utilized for packaging beverages, edible oils, and various other products, while PET preforms serve as the primary raw material for producing PET containers. These packaging solutions cater to a diverse range of industries, including lubricants, food & beverages, consumer products, pharmaceuticals, and agrochemicals.

The company operates three manufacturing facilities covering a total area of 26,879 sq. ft. Its product range comprises PET bottles, PET jars, PET preforms, and HDPE containers, all manufactured in accordance with industry specifications and quality standards. The production infrastructure includes 24 PET blow molding machines, 8 injection molding machines, and 6 HDPE double-station blow molding machines, enabling efficient and large-scale manufacturing operations.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹19.72 ₹18.37 ₹1.01 ₹6.81
2025 ₹42.73 ₹39.31 ₹2.63 ₹25.86
2026 ₹51.27 ₹45.66 ₹4.12 ₹28.20

Company Promoter

Vivek Mandelia

Vipin Mandelia

Hemlata Mandelia

Anjana Mandelia

Know before investing

  • • Strengths

    Integrated Production Capabilities: The company operates integrated manufacturing units with in-house production of PET preforms and PET bottles, enabling greater operational flexibility, enhanced quality assurance, and improved cost efficiencies, which support stronger profit margins.

    Seasoned Leadership Team: The business is guided by promoters who possess more than two decades of experience in the plastics sector, contributing valuable industry expertise and strategic direction to drive sustainable growth.

  • • Risks

    Location Concentration Risk: The company’s entire manufacturing infrastructure is situated in Gwalior, Madhya Pradesh. Any adverse events, including power outages, natural calamities, industrial accidents, or regional disruptions, may affect production activities and business operations.

    Raw Material Dependency Risk: Operations rely heavily on PET resin and other polymer-based inputs. Any volatility in raw material prices or interruptions in supply availability could lead to higher manufacturing costs and adversely impact profit margins.

Objects of the Issue & Utilisation of proceeds

Repayment/ prepayment, in full or in part, of certain outstanding borrowings.

General Corporate Purpose.

Company  Address

Diksha Polymers Ltd.
B-33, Maharajpura Industrial Area,
Maharajpura A.F., Gwalior, Gird,
Gwalior, Madhya Pradesh, 474020
Phone: +91 8966966666
Email: info@dikshagroup.in
Website: https://www.dikshagroup.in/

IPO Registrar

Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/

IPO Review

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