What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Bai Kakaji Polymers Limited IPO?

Based on the upper price band of ₹186 and current GMP of ₹2, the estimated listing price is ₹188 (approx. 1.1% gain).

What is the expected profit per lot for Bai Kakaji Polymers Limited IPO?

With a lot size of 600 shares and current GMP of ₹2, expected profit per retail application lot is approximately ₹1,200.

IPO GreyPremiumLIVE

Grey Market Intelligence

Bai Kakaji Polymers Limited

ListedSME

Manufacturing · BSE

Bai Kakaji Polymers is an Indian manufacturer and trader of plastic and polymer-based products, specializing in PET preforms, plastic caps, and closures used mainly in packaged drinking water, carbonated beverages, juices, and dairy products. The company operates four manufacturing units in Latur, Maharashtra, spread across 33,000 square meters, and uses modern machinery such as SACMI continuous compression molding, ASB preform molding, and HUSKY PET injection molding systems, along with advanced testing and quality control equipment to ensure consistent product quality.

Price Band

₹177 – ₹186

Issue Size

₹105 Cr

Lot Size

600 shares

GMP

₹2

+1.1%

Est. Listing

₹188

at current GMP

Subscribed

5.79x

overall

Open

23 Dec 2025

26 Dec 2025

Allotment

29 Dec 2025

Refund

30 Dec 2025

Demat Credit

31 Dec 2025

Listing

31 Dec 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Bai Kakaji Polymers Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹2+1.1%

Issue Price (Upper)

₹186

Band: ₹177 – ₹186

Estimated Listing Price

₹188

Upper price + GMP

Lot Size

600 shares

Min investment ₹1,11,600

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹2	1.1%	₹188
30 Oct 2026	+₹2	1.1%	₹188
29 Oct 2026	+₹2	1.0%	₹188

About Bai Kakaji Polymers Limited Public Issue & Market Profile

Bai Kakaji Polymers Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹105.17 Crores. The shares are offered at a price band of ₹177 to ₹186 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2025-12-26, the basis of allotment is scheduled to be finalized on 2025-12-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Bai Kakaji Polymers Limited IPO GMP today?

The latest grey market premium for Bai Kakaji Polymers Limited IPO is ₹2, which indicates an expected listing price of ₹188.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.