Diksha Polymers Limited is engaged in the manufacturing of PET bottles/containers, PET preforms, and plastic caps, catering to packaging requirements across multiple industries. PET containers manufactured by the company are widely used for packaging beverages, edible oils, lubricants, pharmaceuticals, agrochemicals, FMCG products, and consumer goods, while PET preforms serve as the key raw material for producing PET containers.
As of March 31, 2026, the company operates three manufacturing facilities spread across a total area of 26,879 sq. ft. with an installed production capacity of 2,163 MTPA for PET bottles and 1,913 MTPA for PET preforms, supporting large-scale manufacturing operations.
The company focuses on delivering high-quality packaging solutions while benefiting from growing demand for plastic packaging products across diverse end-user industries.
As of March 31, 2026, the company had a workforce of 17 permanent employees.
Diksha Polymers IPO – Details
| IPO Opening Date | 17 June 2026 |
| IPO Closing Date | 19 June 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 15,98,400 Shares Worth ₹17.90 Crore Fresh Issue: 15,98,400 Shares Worth ₹17.90 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹112 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Cameo Corporate Services Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Diksha Polymers IPO – Date Schedule
| IPO Open Date | 17 June 2026 |
| IPO Close Date | 19 June 2026 |
| Basis of Allotment | 22 June 2026 |
| Initiation of Refund | 23 June 2026 |
| Credit of Shares to Demat | 23 June 2026 |
| IPO Listing Date | 24 June 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 19, 2026 |
Diksha Polymers IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,68,800 |
| Retail (Max) | 2 | 2400 | ₹2,68,800 |
| S-HNI (Min) | 3 | 3600 | ₹4,03,200 |
Competitive Strength
- 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 Promoters
- Vivek Mandelia
- Vipin Mandelia
- Hemlata Mandelia
- Anjana Mandelia
- Riddhi Mandelia
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹19.72 Cr | ₹18.37 Cr | ₹1.01 Cr | ₹4.47 Cr |
| 31 March 2025 | ₹42.73 Cr | ₹39.31 Cr | ₹2.63 Cr | ₹12.91 Cr |
| 31 March 2026 | ₹51.27 Cr | ₹45.66 Cr | ₹4.12 Cr | ₹15.10 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 48.32% |
| ROCE | 28.09% |
| Debt/Equity | 1.77 |
| RoNW | 48.32% |
| PAT Margin | 8.03% |
| EBITDA Margin | 14.27% |
| Price to Book Value | 4.73 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.44 | 7.92 |
| P/E (x) | 9.79 | 14.14 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings. | ₹13.75 |
| General Corporate Purpose. | ₹2.25 |
✅Strengths
- Diverse product range (PET bottles, preforms, caps).
- Serves FMCG, pharma, beverage, and agrochemical sectors.
- 3 manufacturing units with strong production capacity.
- Experienced promoters in packaging business.
- Growing demand for PET packaging products.
⚠️Risks
- Raw material price fluctuations can impact margins.
- High competition in plastic packaging industry.
- Dependence on limited customers for revenue.
- Small workforce of only 17 employees.
- Demand slowdown can affect business growth.
Diksha Polymers IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 69.25% |
Diksha Polymers IPO Prospectus
Company Contact Information
| Diksha Polymers Limited 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/ |
Diksha Polymers IPO Registrar
| Cameo Corporate Services Ltd. Phone: +91-44-28460390 Email: priya@cameoindia.com Website: https://ipostatus1.cameoindia.com/ |
Diksha Polymers IPO Lead Manager(s)
| 1. Aryaman Financial Services Ltd. |
Diksha Polymers IPO FAQ
| What is the Diksha Polymers IPO? Diksha Polymers IPO is an SME IPO. The issue is priced at ₹112 per equity share. The IPO is to be listed on BSE SME. |
| When will Diksha Polymers IPO open? The IPO is to open on 17 June 2026 for NII and Retail Investors. |
| What is Diksha Polymers IPO Investors’ Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| What is the Diksha Polymers IPO Size? Diksha Polymers IPO size is ₹17.90 Crore. |
| What are the Diksha Polymers IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,68,800, while the maximum bid is 2400 Shares for ₹2,68,800. |
| What is the Diksha Polymers IPO Allotment Date? Diksha Polymers IPO allotment date is 22 June 2026. |
| What is the Diksha Polymers IPO Listing Date? Diksha Polymers IPO listing date is 24 June 2026. The IPO is to be listed on the BSE SME. |
