Diksha Polymers IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 19.72 | 42.73 | 51.27 |
| Expense | 18.37 | 39.31 | 45.66 |
| Profit (PAT) | 1.01 | 2.63 | 4.12 |
| Total Assets | 6.81 | 25.86 | 28.20 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| TPL Plastech Limited | 3.73 | 17.36 | 17.21 | 21.65 | 422.55 Cr |
| Mitsu Chem Plast Ltd | 11.50 | 13.27 | 13.89 | 82.79 | 332.28 Cr |
Promoters: Vivek Mandelia, Vipin Mandelia, Hemlata Mandelia and Anjana Mandelia
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 35,98,200 | 100.00% |
| Promoter Holding Post Issue | 51,96,600 | 69.25% |
Strengths & Risks
- Revenue grew 20% in the latest reported year.
- Solid profit margin — 8.0%.
- Strong return on equity — 48%.
No major red flags in the available data.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Diksha Polymers is one of the leading manufacturers of PET bottles/containers, PET preforms, and caps. These PET bottles/containers are mainly used to store beverages, oils, and other related products, and PET preforms are used as a raw material for PET containers. PET containers are used in various industries, such as lubricants, food and beverages, consumer goods, pharmaceuticals, agrochemicals, etc. The firm has 3 manufacturing facilities spanning 26,879 sq. ft. Its product portfolio includes PET Bottles, PET jars, PET preforms, and HDPE containers that meet the industry standards. The firm operates 24 PET Blow Molding Machines, 8 Injection Molding Machines, and 6 HDPE Double Station Blow Molding Machines.
| Purpose | Amount (Cr) |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings | 13.75 |
| General Corporate Purpose | - |
Resources & Documents
Diksha Polymers Ltd., B-33, Maharajpura Industrial Area,, Maharajpura A.F., Gwalior, Gird,, Gwalior, Madhya Pradesh, 474020
Diksha Polymers has fixed the issue price at Rs 112 per share for an issue size of Rs 18 crore. The stock listed with a 2.23% gain versus its issue price on June 24, 2026.
Diksha Polymers is one of the leading manufacturers of PET bottles/containers, PET preforms, and caps. These PET bottles/containers are mainly used to store beverages, oils, and other related products, and PET preforms are used as a raw material for PET containers.
The issue is promoted by Vivek Mandelia, Vipin Mandelia, Hemlata Mandelia and Anjana Mandelia with Aryaman Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment/ prepayment, in full or in part, of certain outstanding borrowings (Rs 14 crore) and General Corporate Purpose.
Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 2.94x, retail at 3.14x, NII at 2.74x.
At the upper end of the price band, the issue is priced at a post-issue P/E of 9.79x. On fundamentals, the company is posting revenue growth of 20.0%, a profit margin of 8.0%, return on equity of 48.3% in its most recent reported period. Listed peers in this segment include TPL Plastech Limited (P/E 17.36x) and Mitsu Chem Plast Ltd (P/E 13.27x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Diksha Polymers IPO GMP — What It Means
The latest grey market premium for Diksha Polymers IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Diksha Polymers it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Diksha Polymers GMP history and trend, or learn how grey market premium works and how reliable it is.
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