Diksha Polymers IPO Details

Fixed Price IPO | ₹18 Cr | Listed at BSE SME | Wed, Jun 17, 2026 - Fri, Jun 19, 2026

Diksha Polymers IPO Logo

Diksha Polymers IPO is a fixed issue price of ₹17.90 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹17.90 crore.

Diksha Polymers IPO bidding started from Jun 17, 2026 and ended on Jun 19, 2026. The allotment for Diksha Polymers IPO was finalized on Jun 22, 2026. The shares got listed on the BSE SME on Jun 24, 2026.

Diksha Polymers IPO is set final issue price at ₹112 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,68,800 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,03,200.

Aryaman Financial Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd.

Refer to Diksha Polymers IPO DRHP for detailed Information.

IPO Open

Wed, Jun 17, 2026

IPO Close

Fri, Jun 19, 2026

Issue Price

₹112 per share

Market Cap (Pre-IPO)

₹58.20 Cr

IPO Details

IPO Date17 to 19 Jun, 2026
Listed onWed, Jun 24, 2026
Face Value10 per share
Issue Price₹112 per share
Lot Size1,200 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size15,98,400 shares
(agg. up to ₹18 Cr)
Reserved for Market Maker
81,600 shares
(agg. up to ₹0.9139 Cr)
Shreni Shares Ltd.
Fresh Issue
(Ex Market Maker)
15,16,800 shares
(agg. up to ₹17 Cr)
Net Offered to Public15,16,800 shares
(agg. up to ₹17 Cr)
Share Holding Pre Issue35,98,200 shares
Share Holding Post Issue51,96,600 shares
BSE Script Code 544798
ISININE1OSI01014

IPO Timetable

Issue Reservation

Diksha Polymers IPO comprises a total issue size of 15,98,400 shares. The net offer to the public is 15,16,800 shares, after excluding 81,600 shares allotted on a firm basis. Of the Net offer 7,58,400 (50.00%) allocated to NII 7,58,400 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 7,58,40050.00%47.45%
Retail Shares Offered 7,58,40050.00%47.45%
Firm Reservations
Market Maker Shares Offered 81,6005.11%
Total Shares Offered 15,98,400100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. 

Application Lots Shares Amount
Individual investors (IND) (Min) 2 2,400 ₹2,68,800
Individual investors (IND) (Max) 2 2,400 ₹2,68,800
HNI (Min) 3 3,600 ₹4,03,200
IPO Subscription Details

About Diksha Polymers Ltd.

Diksha Polymers is engaged in the manufacturing of PET bottles/containers, PET preforms, and caps. PET containers are primarily used for storing beverages, oils, and other related products, while PET preforms used as a raw material for PET containers. PET Containers are used is wide range of industries i.e., lubricants, food and beverages, consumer goods, pharmaceuticals, agrochemicals, etc.

Manufacturing facility: As on March 31, 2026, it has three manufacturing facilities across a total area of 26,879 sq. ft. Aggregate installed capacity of2,163 MTPA for PET bottles and 1,913 MTPA for PET Preforms.

As of March 31, 2026, the company had 17 permanent employees.

Competitive 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

Company Financials (Restated)

Diksha Polymers Ltd.'s revenue increased by 20% and profit after tax (PAT) rose by 56% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets28.2025.866.81
Total Income51.2742.7319.72
Profit After Tax4.122.631.01
EBITDA7.324.711.80
NET Worth8.524.401.77
Reserves and Surplus4.924.001.37
Total Borrowing15.1012.914.47
Amount in ₹ Crore

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings 13.75
2 General Corporate Purposes 2.25
3 Issue Expenses 1.90
Total 17.90

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)11.447.92
P/E (x)9.7914.14
Promoter Holding100%69.25%
Market Cap58.20 Cr.
Vivek Mandelia, Vipin Mandelia, Hemlata Mandelia, Anjana Mandelia and Riddhi Mandelia
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Review

[Dilip Davda]
DPL is engaged in the business of manufacturing PET Bottles/Containers and PET Performs. The product is widely used by many industry segments for storage of beverages, oils, etc. The company marked growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears aggressively priced. Tiny paid-up equity capital post-IPO indicates longer gestation period for migration. There is no harm in skipping this pricey and dicey offer.
Read detail review...

Diksha Polymers IPO Recommendations

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IPO Subscription Status

The Diksha Polymers IPO is subscribed 2.88 times on June 19, 2026 6:54:49 PM (Day 3). The public issue subscribed 3.14 times in the individual investors category, [.] times in the QIB category, and 2.63 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
NII* 2.637,58,40019,93,2000
Individual Investor3.147,58,40023,80,8000
Total2.8815,16,80043,74,0001,519

Total Applications: 1,519

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead manager(s) fees 0.40
2 Underwriting commission 0.86
3 Fees Payable to Market Maker 0.40
4 Fees Payable to Registrar to the Issue 0.01
5 Fees Payable to Auditor, Legal Advisors & Other Advisors 0.09
6 Fees Payable for Advertising and marketing expenses 0.04
7 Fees Payable to Regulators including stock exchanges 0.07
8 Fees Payable for Printing and distribution of issue stationary 0.02
9 Brokerage, selling commission and upload fees 0.01
Total 1.90

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price112.00
Open114.50
Low114.50
High120.20
Last Trade120.20

Check IPO Performance…

IPO Registrar

Cameo Corporate Services Ltd.

Contact Details

Diksha Polymers Ltd. Address
B-33, Maharajpura Industrial Area
Maharajpura A.F.
Gwalior, Gird
Gwalior, Madhya Pradesh, 474020
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IPO FAQs

Diksha Polymers IPO is a SME IPO of 15,98,400 equity shares of the face value of ₹10 aggregating up to ₹18 Crores. The issue is priced at ₹112 per share. The minimum order quantity is 1200.

The IPO opens on Wed, Jun 17, 2026, and closes on Fri, Jun 19, 2026.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Diksha Polymers IPO using UPI as a payment gateway. Zerodha customers can apply in Diksha Polymers IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Diksha Polymers IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Diksha Polymers IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Diksha Polymers IPO opens on Wed, Jun 17, 2026 and closes on Fri, Jun 19, 2026.

Diksha Polymers IPO lot size is 1200, and the minimum amount required for application is ₹2,68,800, with 2 lots being the minimum application size.

You can apply in Diksha Polymers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Diksha Polymers IPO will be done on Monday, June 22, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 23, 2026. Check the Diksha Polymers IPO allotment status.

The Diksha Polymers IPO listing date is on Wed, Jun 24, 2026.

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