Bai-Kakaji Polymers Ltd

Bai-Kakaji Polymers Limited was originally incorporated as a private limited Company under the name 'Harikishan Minerals Private Limited' on July 30, 2013, with the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of the Company was changed to Bai-Kakaji Polymers Private Limited on May 09, 2015. The status was later converted into a public Limited Company following the change in name to Bai-Kakaji Polymers Limited on April 09, 2025 via fresh Certificate of Incorporation issued by the Central Processing Centre. The Company is primarily engaged in the business of manufacturing & supplying of Pet Preforms, Plastic Caps and Closures, which are important parts of packaging used in many consumer products. The products find diverse applications across various industries including packaged drinking water, carbonated beverages, juices and dairy products. These product include specialized closures such as Alaska closures, Carbonated Soft Drinks (CSD) and wide range of PET Preforms designed for different bottling needs. The Company started business in 2013 with a single machine for manufacturing of plastic closures. Over the years, it expanded the operations by adding more machines and increasing production capacity. Today, it use modern machines such as SACMI Continuous Compression Molding, ASB Preform Molding and HUSKY Pet Injection Molding machines from globally renowned OEMs to make closures and PET preforms. In recent years, Company has grown larger in making PET bottle caps along with cap handles used in many applications. In a strategic move to expand capabilities, the Company has acquired the business of M/s Bai Kakaji Industries from its proprietor Mrs. Kiran Balkishan Mundada through a Business Transfer Agreement effective from 1st March, 2025. The Company works four manufacturing units in Latur, Maharashtra, including the recently acquired of M/s Bai Kakaji industries manufacturing unit. Company came up with the IPO of issuing 56,54,400 equity shares of Rs 10 each by raising funds aggregating to Rs 105.17 crores through fresh issue on December 26, 2025.