Diksha Polymers IPO

The price band is ₹112 per share with a lot size of 1200 shares. Minimum investment: ₹134400.

Diksha Polymers Limited is engaged in the manufacturing of PET (Polyethene Terephthalate) bottles, containers and PET preforms. PET containers are primarily used for packaging and storage of beverages, edible oils and other products, while PET preforms serve as an intermediate product used in the manufacture of PET containers. The company operates three manufacturing facilities located in Gwalior, Madhya Pradesh, with installed capacities for both PET bottles and PET preforms. Its revenue is mainly generated through the sale of PET bottles and containers, which contribute the majority of its operating revenue, followed by PET preforms. The company also earns a small portion of revenue from caps and the sale of scrap and waste. Its products are manufactured using injection moulding and blow moulding processes and cater to customers across industries such as food and beverages, lubricants, consumer goods, pharmaceuticals and agrochemicals.

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Diksha Polymers was founded by Mr Vivek Mandelia in 1998.