Mumbai, Dec. 31 -- The scrip was listed at Rs 190, a premium of 2.15% compared with the initial public offer (IPO) price. The stock is currently down 4.97% over its listing price.

The counter hit a high of Rs 192 and a low of Rs 180.50. About 27.56 lakh shares of the company changed hands at the counter.

Bai-Kakaji Polymers' IPO was subscribed 5.38 times. The issue opened for bidding on 23 December 2025 and it closed on 26 December 2025. The price band of the IPO was fixed between Rs 177 to Rs 186 per share.

The IPO comprised fresh issue of 56,54,400 equity shares. The promoter and promoter shareholding diluted to 73.55% from 100% Pre-IPO.

The company intends to utilize the net proceeds for repayment & pre-payment, in full or part, of...