Diksha Polymers shares list at 2% premium to IPO price on BSE SME platform
Diksha Polymers debuted on the BSE SME platform at a slight premium, opening at Rs 114.50 against its IPO price of Rs 112. The Rs 17.9-crore public issue saw a modest subscription of 2.88 times. The company, a manufacturer of PET bottles and prefo...

The Rs 17.9-crore IPO received a modest response from investors, with the issue being subscribed 2.88 times during the three-day bidding period. The retail portion was subscribed 3.14 times, while the non-institutional investor (NII) category was booked 2.63 times.
The fixed-price issue comprised an entirely fresh issue of 15.98 lakh equity shares, with the company proposing to utilise the proceeds primarily for repayment or prepayment of borrowings and general corporate purposes. Aryaman Financial Services was the book-running lead manager, while Cameo Corporate Services acted as the registrar.
About the company
Diksha Polymers manufactures PET bottles, PET containers, PET preforms and caps, which are used across industries including food and beverages, lubricants, pharmaceuticals, consumer goods and agrochemicals.The company operates three manufacturing facilities with a combined installed capacity of 2,163 metric tonnes per annum (MTPA) for PET bottles and 1,913 MTPA for PET preforms. As of March 2026, it had 17 permanent employees.
Financial performance
The company reported healthy growth in FY26, with total income rising 20% year-on-year to Rs 51.27 crore, while profit after tax jumped 56% to Rs 4.12 crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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