Support and Resistance Levels
Past performance
About Bai-Kakaji Polymers Ltd Bai-Kakaji Polymers Limited, initially incorporated as Harikishan Minerals Private Limited in 2013, operates in the manufacturing sector with a focus on PET preforms, plastic caps, and closures used extensively in packaging for consumer products. The company underwent a name and status change in 2015 and 2025, transitioning into a public limited company. These product offerings serve key industries, including packaged drinking water, carbonated beverages, juices, and dairy, with a range that includes specialized closures like Alaska closures and Carbonated Soft Drink (CSD) variants.
Starting with a single plastic closure manufacturing machine, Bai-Kakaji Polymers has steadily expanded its operations by adopting advanced technologies like SACMI Continuous Compression Molding, ASB Preform Molding, and HUSKY Injection Molding machines. Over the years, the company has scaled its production capabilities and diversified its product portfolio to include caps, closures, and cap handles. It currently operates four manufacturing facilities located in Latur, Maharashtra.
In 2025, the company strategically expanded its capacity by acquiring M/s Bai Kakaji Industries through a business transfer agreement, which added to its operational strength and production capabilities. This acquisition positions Bai-Kakaji Polymers as a comprehensive supplier in the PET packaging industry with improved geographical and operational reach.
To support its growth and future plans, Bai-Kakaji Polymers is in the process of raising capital through an Initial Public Offering (IPO) of 56,56,000 equity shares with a face value of Rs 10 each. This move underscores the company's aspirations to strengthen its financial position and enhance its market presence in the ever-growing Polymer and PET packaging industry.