Explore how Diksha Polymers Ltd.’s IPO performed on its first day of subscription, including investor participation, issue details, important dates, and the process to apply through ASBA or UPI.
The Diksha Polymers Ltd. IPO opened for subscription on 17 June 2026. The SME IPO is a fixed-price issue aimed at raising funds primarily for the repayment or prepayment of certain outstanding borrowings and general corporate purposes. The opening day's subscription figures provide an early indication of investor interest in the issue.
The Diksha Polymers Ltd. IPO commenced bidding on 17 June 2026 and witnessed participation from both retail and non-institutional investors. As of 3:07 PM on Day 1, the issue was subscribed 0.86 times overall.
The IPO received steady bids from investors during the first day of subscription, with the Non-Institutional Investor (NII) category nearing full subscription.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs) |
N.A. |
Non-Institutional Investors (NIIs) |
0.90x |
Retail Individual Investors (RIIs) |
0.81x |
Overall |
0.86x |
The NII segment led the subscription on the opening day, while retail participation also contributed significantly to the overall demand. Investor interest is likely to remain in focus over the remaining subscription period.
The Diksha Polymers Ltd. IPO recorded improved investor participation on the second day of subscription. By the close of Day 2, the issue was subscribed 1.37 times overall, crossing the fully subscribed mark and indicating steady demand from both retail and non-institutional investors.
| Investor Category | Subscription (Times) |
|---|---|
Retail Individual Investors (RIIs) |
1.41x |
Non-Institutional Investors (NIIs) |
1.34x |
Overall |
1.37x |
The retail segment remained the leading contributor to the subscription figures, while non-institutional investors also maintained steady interest. The overall subscription crossing 1x on Day 2 suggests positive momentum heading into the final day of bidding.
The Diksha Polymers Ltd. IPO closed with healthy investor participation on the final day of bidding. The issue was subscribed 2.59 times overall, with both retail and non-institutional investor categories recording subscriptions above two times their respective quotas.
| Investor Category | Subscription (Times) |
|---|---|
Retail Individual Investors (RIIs) |
2.84x |
Non-Institutional Investors (NIIs) |
2.35x |
Overall |
2.59x |
Retail investors led the demand for the IPO, while non-institutional investors also maintained steady participation throughout the subscription period. The issue's overall subscription of 2.59 times indicates positive investor interest as the company moves towards the allotment process scheduled for 22 June 2026.
The table below provides an overview of the key details of Diksha Polymers Ltd. IPO:
| Particulars | Details |
|---|---|
Issue Price |
₹112 per share |
Face Value |
₹10 per share |
Lot Size |
1,200 shares |
Minimum Investment |
₹1,34,400 (1 lot) |
Issue Size |
₹17.90 Crores |
Issue Type |
Fixed Price Issue |
Total Shares Offered |
15.98 Lakh shares |
Fresh Issue |
15.98 Lakh shares |
Listing Platform |
BSE SME |
The IPO consists entirely of a fresh issue of shares. The company plans to utilise the proceeds mainly towards the repayment or prepayment of certain outstanding borrowings and for general corporate purposes.
For detailed insights about the company, issue particulars, and the latest updates, visit the Diksha Polymers Ltd. IPO on Bajaj Markets.
The following timeline outlines the key milestones for the IPO:
| Event | Date | Description |
|---|---|---|
IPO Open Date |
17 June 2026 |
Subscription window opens |
IPO Close Date |
19 June 2026 |
Last date to submit bids |
Basis of Allotment |
22 June 2026 |
Expected allotment finalisation |
Initiation of Refunds |
23 June 2026 |
Refunds for unallotted applicants |
Credit of Shares |
23 June 2026 |
Shares credited to Demat accounts |
Listing Date |
24 June 2026 |
Expected listing on BSE SME |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the Diksha Polymers Ltd. IPO through ASBA-enabled net banking services or through UPI using their broker's platform.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Diksha Polymers Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Diksha Polymers Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the
IPO window.Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner