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Diksha Polymers SME IPO

Diksha Polymers came to market through an SME IPO that opened on 17 June 2026 and closed on 19 June 2026, and the shares listed on 24 June 2026 on BSE SME. The price band was ₹112 per share and one lot was 1200 shares, so the minimum application was ₹1,34,400. The issue size was ₹17.9 crore. The whole issue was fresh shares, so the money raised went to the company.

Cameo Corporate Services Ltd was the registrar to the issue, and Aryaman Financial Services Ltd was the lead manager.

Issue details

Issue type
Fixed Price Issue
Price band
₹112
Lot size
1200 shares
Minimum investment
₹1,34,400
Face value
₹10 per share
Issue size
₹17.9 crore
Fresh issue
15,98,400 shares (aggregating up to ₹17.9 crore)
Listing at
BSE SME
Registrar
Cameo Corporate Services Ltd
Lead managers
Aryaman Financial Services Ltd
Promoter holding before the issue
100%
Promoter holding after the issue
69.25%

Timeline

Opens
17 June 2026
Closes
19 June 2026
Allotment
22 June 2026
Listing
24 June 2026

Subscription status by day

As of 19 June 2026.

Day
1
2
3

About Diksha Polymers

Activities of Diksha Polymers:The company is currently involved in the manufacture of PET bottles/containers, PET preforms, and caps. PET containers are majorly employed in packaging beverages, oils, and other associated products, while PET preforms are utilized as a raw material for PET containers. Manufacturing facilities: Up to March 31, 2026, the company operates in three manufacturing units covering an area of 26,879 square feet.

Total installed capacity of the company for PET bottles is 2,163 million metric tons per annum while that of PET preforms is 1,913 million metric tons per annum. As of March 31, 2026, the company had 17 permanent employees.

As described in the offer document.

Objects of the issue

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings - ₹13.75 Cr.
  • General corporate purposes - ₹2.25 Cr.

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-2431-Mar-23

Promoters

Vivek Mandelia, Vipin Mandelia, Hemlata Mandelia, Anjana Mandelia. Promoter holding 100% before the issue and 69.25% after.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,68,800
Individual(max)
2 lots, 2400 shares, ₹2,68,800
sHNI(min)
3 lots, 3600 shares, ₹4,03,200

Valuation

EPS Pre IPO
₹11.44
EPS Post IPO
₹7.92
P/E Pre IPO
9.79
P/E Post IPO
14.14
ROE
48.32%
ROCE
28.09%
RoNW
48.32%
PAT Margin
8.03%
Debt/Equity
1.77
Price/Book
4.73
Market Cap
₹58.20 Cr

Registrar and allotment status

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

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Diksha Polymers SME IPO

What is Diksha Polymers IPO?

Diksha Polymers IPO was a ₹17.9 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹112 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,68,800). The IPO was open from June 17 to June 19, 2026 and was subscribed 2.94x. Shares listed on BSE SME on June 24, 2026 at ₹114.50, a 2.2% premium to the issue price of ₹112. Cameo Corporate Services Ltd. is the registrar.

Aryaman Financial Services Ltd. is the book running lead manager.

What is the price band of Diksha Polymers IPO?

The issue price of Diksha Polymers IPO is ₹112 per share (fixed price).

What is the lot size of Diksha Polymers IPO?

The lot size of Diksha Polymers IPO is 1200 shares.

What is the minimum investment for Diksha Polymers IPO?

The minimum investment for Diksha Polymers IPO is approximately ₹2,68,800 based on the issue price.

What is the allotment date of Diksha Polymers IPO?

The allotment date of Diksha Polymers IPO is Jun 22, 2026.

How to check Diksha Polymers IPO allotment status?

You can check Diksha Polymers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Diksha Polymers IPO allotment status on Rupix for quick and easy access.

What was the price band of the Diksha Polymers SME IPO?

₹112 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Diksha Polymers SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,34,400. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Diksha Polymers SME IPO?

₹1,34,400, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Diksha Polymers SME IPO open and close?

It opened on 17 June 2026 and closed on 19 June 2026.

When was the allotment of the Diksha Polymers SME IPO?

The basis of allotment was published on 22 June 2026 by Cameo Corporate Services Ltd, and allotted shares were credited to demat accounts before listing.

When did Diksha Polymers list on BSE SME?

The shares listed on 24 June 2026 on BSE SME.

How large was the Diksha Polymers SME IPO?

The issue size was ₹17.9 crore. The fresh issue was 15,98,400 shares (aggregating up to ₹17.9 crore).