L.K. Mehta Polymers Limited IPO
BSE SMEListed On: Feb 21, 2025 at ₹ 71.1
₹ 113600 /1600 Shares
Check Allotment13 Feb, 2025
Open Date17 Feb, 2025
Close Date18 Feb, 2025
Allotment Date21 Feb, 2025
Listing DateIssue Price
₹71 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
71.1Listing Date
2025-02-21Market Lot
1600 Shares (₹113,600/-)Lead Manager
Swastika Investmart LtdIssue Size
10,40,000 shares(aggregating up to ₹7.38 Cr)Retail Portion
50%Subscription
44.62 timesL.K. Mehta Polymers IPO Details
L.K. Mehta Polymers Limited IPO is an SME IPO, priced at ₹71 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 10,40,000 equity shares, aggregating up to ₹7.38 crores..
The IPO bidding window is open from Feb 13, 2025 to Feb 17, 2025. The allotment is expected to be finalized on Feb 18, 2025, and the tentative listing date is Feb 21, 2025.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,13,600. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,27,200.
Swastika Investmart Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Swastika Investmart Limited will act as the market maker for this issue.
L.K. Mehta Polymers IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 4,92,800 | 4,92,800 | 9,85,600 |
| Day 1 - 13-02-25 06:00 PM | 4.95 x | 6.31 x | 5.63 x |
| Day 2 - 14-02-25 06:00 PM | 5.74 x | 11.87 x | 8.81 x |
| Day 3 - 17-02-25 06:00 PM | 42.99 x | 46.25 x | 44.62 x |
L.K. Mehta Polymers Valuations
EPS Pre IPO
₹3.06/-EPS Post IPO
₹2.18/-P/E Pre IPO
23.24P/E Post IPO
32.50ROE
28.35%ROCE
16%Debt/Equity
2.15RoNW
28.35%PAT Margin
4.53Price to Book Value
L.K. Mehta Polymers Company Financials All values are in ₹ Cr.
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 10.49 | 7.2 | 8.23 |
| Revenue | 18.87 | 17.14 | 11.94 |
| Profit After Tax | 0.86 | -0.01 | 0.04 |
| Net Worth | 3.02 | 2.16 | 2.17 |
| Reserves & Surplus | 2.39 | 1.54 | 1.54 |
| Total Borrowing | 6.48 | 3.9 | 4.39 |
About The Company
L.K. Mehta Polymers Limited incorporated in 1995 deals in trading and manufacturing of Plastic products.
It is also engaged in trading and reprocessing basic raw materials like polypropylene and polyethylene granules for various customers.
The company sells products under the brand name Super Pack, reflecting its commitment to superior quality and building lasting customer relationships.
The company has strict systems to ensure timely delivery and minimal errors, with procedures to check orders at each stage, focusing on consistent service and customer loyalty.
As of 31st July, 2024, the company has 20 full time employees.
L.K. Mehta Polymers - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
L.K. Mehta Polymers IPO - Issue Objectives
- To Meet Incremental Working Capital Requirement
- General Corporate Purpose
Other Details
L.K. Mehta Polymers
1103/2, Mhow-Neemuch Road, Ratlam, 457001Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
L.K. Mehta Polymers IPO - FAQs
Ans. L.K. Mehta Polymers Limited IPO is a SME IPO. The issue is priced at ₹71 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Feb 13, 2025, and closes on Feb 17, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The L.K. Mehta Polymers Limited IPO opens on Feb 13, 2025 and closes on Feb 17, 2025.
Ans. The size of L.K. Mehta Polymers Limited IPO is 10,40,000 shares(aggregating up to ₹7.38 Cr).
Ans. The IPO price band is set between ₹71 per equity share.
Ans. To apply for L.K. Mehta Polymers Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find L.K. Mehta Polymers Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of L.K. Mehta Polymers Limited IPO is Feb 18, 2025.
Ans. The L.K. Mehta Polymers Limited IPO will be listed on Feb 21, 2025.
Ans. Follow the steps to check the allotment status for L.K. Mehta Polymers Limited IPO here.
