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L.K.Mehta Polymers Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹71
Per Share
GMP
NIL
Grey Market
Est. Listing
₹71
Expected Price
Min. Application
₹227,200
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹71 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size10,40,000 shares (aggregating up to ₹7.38 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 13 Feb 2025
Subscription CloseMon, 17 Feb 2025
Anchor AllotmentWed, 12 Feb 2025
Basis of AllotmentTue, 18 Feb 2025
Initiation of RefundsWed, 19 Feb 2025
Credit of Shares to DematThu, 20 Feb 2025
Listing DateFri, 21 Feb 2025
UPI Mandate Deadline2025-02-17
Application & Investment Details
Retail — Min (1 Lots)₹1,13,600 — 1,600 shares
Retail — Max (13 Lots)₹1,476,800 (13 Lots)
HNI — Min (2 Lots)₹2,27,200 — 3,200 shares
EPS (Pre-IPO)₹3.06
EPS (Post-IPO)₹1.45
P/E Ratio (Pre-IPO)41.04x
P/E Ratio (Post-IPO)48.95x
Net Offer to Public9,85,600 shares (aggregating up to ₹7.00 Cr)
Reserved for Market Maker54,400 shares (aggregating up to ₹0.3862 Cr)
Pre-IPO Promoter Holding28,00,000 shares
Post-IPO Promoter Holding38,40,000 shares
About L.K.Mehta Polymers Ltd

Incorporated in 1995, L.K. Mehta Polymers Limited is engaged in trading and manufacturing of Plastic products.The company is also involved 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.Product Portfolio:Ropes: Monofilament Ropes, Danline Ropes, Tape Rope, these products are used in non-ISI applications like transportation, agriculture, and packaging, as well as in high-risk sectors like shipping, mining, and heavy machinery transport.Twines: Baler Twine, Packaging wine(Sutli), these are usually used in Agriculture, Harvesting, Stationary, Handicraft Industry, Retail packaging of consumer goods, household use.Granuels: Polyethylene, Polypropylene, For reprocessing and manufacturing of plastic products.As on 25th January, 2025, the company has 21 full time employees.Competitive Strength:Experienced PromotersGenerational ManagementQuality ServiceHigh Level of Customer SatisfactionExisting Client Relationship

Objects of the Issue

L.K.Mehta Polymers Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
To Meet Incremental Working Capital Requirement
2
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding 28,00,000 shares
Post-IPO Promoter Holding 38,40,000 shares
Check AllotmentCheck Status →
L.K.Mehta Polymers Ltd — Live Price LIVE
₹71.00
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Issue ₹71.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹71
GMPNIL
Est. Listing₹71
Lot Size1,600 shares
Min Amount₹227,200
Listing Date21 Feb 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹71
Listing Date21 Feb 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 54,400 ₹0.39 Cr
TOTAL 1,040,000 100.00% ₹7.38 Cr
* Based on ₹71.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹71.00
Per Share
Min Investment
₹113,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹113,600
Retail (Max) 13 20,800 ₹1,476,800
sNII (Min) 14 22,400 ₹1,590,400
bNII (Min) 68 108,800 ₹7,724,800
Company Financials — Restated Consolidated (Amount in ₹ Crores)
Particulars31 Dec 202431 Mar 202431 Mar 2023
Revenue from Operations 11.98 18.87 17.14
EBITDA N/A N/A N/A
Profit After Tax (PAT) 0.42 0.86 -0.01
Net Worth 3.74 3.02 2.16
Total Assets 11.87 10.49 7.20
Reserves & Surplus 0.94 2.39 1.54
Total Borrowings 6.69 6.48 3.90
Key Ratios & Valuation
Issue Price ₹71
Face Value ₹10 Per Share
P/BV 5.88
RoE 28.35
RoCE 16
RoNW 28.35
PAT Margin (%) 4.71
EBITDA Margin (%) N/A
Debt / Equity 2.15
Company Details
Company
L.K.Mehta Polymers Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
1103/2, Mhow-Neemuch Road, Ratlam, 457001 Ratlam, Madhya Pradesh
Book Running Lead Managers
Swastika Investmart Ltd
Book Running Lead Manager (BRLM)