Bai Kakaji Polymers IPO

Bai-Kakaji Polymers Limited is engaged in the manufacturing of PET preforms, plastic caps, and closures used in consumer product packaging. Its product portfolio includes PET preforms for varied bottling requirements and specialised closures such as Alaska closures for packaged drinking water and carbonated soft drink (CSD) caps with 1881 neck finish. These products are supplied to industries including packaged drinking water, carbonated beverages, juices, and dairy products. In addition, the company offers shrink and adhesive films as part of an integrated packaging solution for its customers. PET preforms, plastic closures, shrink films, and other products contributed 65.2%, 26.2%, 7.2%, and 1.1% respectively, of the company's product sales revenue of ₹160.95 crore as of September 30, 2025. The company runs four manufacturing facilities in Latur, Maharashtra, including the facility it acquired from M/s Bai Kakaji Industries. The majority of revenue came from Maharashtra at 65.23% followed by Karnataka at 10.3% of H1FY26 revenue.