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Bajaj
Listed SME

Bai Kakaji Polymers IPO Subscription Status

Bai Kakaji Polymers IPO was subscribed 5.37 times when bidding closed on 26 Dec 2025: QIB 7.88x, NII 6.06x, Retail 3.53x.

The Bai Kakaji Polymers IPO has been subscribed 5.37x times overall. Retail investors have shown interest with bids for 3.53x the shares available. The Non-Institutional Investor (NII) category has been subscribed 6.06x. Within NII, Big HNI (B-HNI) subscribed 9.79x and Small HNI (S-HNI) subscribed 4.98x. Qualified Institutional Buyers (QIBs) have subscribed 7.88x. Data last updated on 25 Aug, 12:56 PM.

The IPO subscription period has ended. The issue opened on 23 Dec, 2025 and closes on 26 Dec, 2025. The shares are expected to list on stock exchanges on 31 Dec, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 25 Aug 2026, 12:56 PM
Category Bid details Times
QIB 84,71,400 of 10,75,200 23 applications 7.88x
NII 66,03,600 of 10,89,600 1,575 applications 6.06x
bHNI — bid amount above ₹10 Lakh
52,65,600 856 applications 9.79
sHNI — bid amount ₹2–10 Lakh
13,38,000 719 applications 4.98
Retail 66,38,400 of 18,81,600 5,532 applications 3.53x
TOTAL 2,17,13,400 7,130 applications 5.37x

Bai Kakaji Polymers IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
3 out of 5
~56.7% chance per PAN — 5,532 applicants for 3,136 allotment slots. Winners get exactly 1 lot (₹1.1 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 3
~31.2% chance — 719 applicants for 224 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 2
~52.3% chance — 856 applicants for 448 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
7.88x
Proportionate allotment — at 7.88x, institutions receive ~12.7% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 28.3% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 7.88x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
25 Dec 2025
Day 3
5.71x ▼
QIB7.88x NII7.84x Retail3.56x
24 Dec 2025
Day 2
1.46x ▼
QIB3.92x NII0.96x Retail0.25x
23 Dec 2025
Day 1
1.39x ▼
QIB3.92x NII1.02x Retail0.10x

Bai Kakaji Polymers SME IPO dates

From the bidding window to listing. Today is 30 October.

Key dates Listed
  1. Open 23 Dec 2025
  2. Close 26 Dec 2025
  3. Allotment 29 Dec 2025
  4. Refund/credit 30 Dec 2025
  5. Listing 31 Dec 2025

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Bai Kakaji Polymers IPO?

As of IPO close date (26 Dec, 2025), the Bai Kakaji Polymers IPO is subscribed 5.37x times. Retail category is 3.53x, and NII is 6.06x subscribed.

When is the allotment date for Bai Kakaji Polymers IPO?

The allotment for Bai Kakaji Polymers IPO is expected to be finalized on 29 December, 2025.

When will Bai Kakaji Polymers IPO list on the stock market?

Bai Kakaji Polymers is scheduled to list on BSE and NSE on 31 December, 2025.

What are the chances of getting allotment in Bai Kakaji Polymers IPO?

The retail category is oversubscribed at 3.53x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 7.88x mean for Bai Kakaji Polymers IPO?

Moderate — QIBs have subscribed 7.88x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Bai Kakaji Polymers IPO allotment status?

After the allotment date (29 Dec, 2025), you can check your Bai Kakaji Polymers IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
5.37x
QIB
7.88x
NII
6.06x
Retail
3.53x
Full IPO details