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L.K. Mehta Polymers Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.71.00
Issue Size:
Rs.7.38 Cr
Lot Size:
1 shares
Open Date:
February 13
L.K. Mehta Polymers Limited IPO Overview
Bidding Dates
February 13 - February 17
Min Investment
₹71
Price Range
₹71.00
Issue Size
₹7.38 Cr
IPO DRHP Doc
Company Overview
L.K. Mehta Polymers Limited, incorporated in 1995, specializes in trading and manufacturing plastic products. The company also trades and reprocesses raw materials like polypropylene and polyethylene granules. Operating under the brand name "Super Pack," it emphasizes superior quality and strong customer relationships. The company maintains strict systems for timely delivery and minimal errors, ensuring consistent service and customer loyalty. As of January 25, 2025, L.K. Mehta Polymers has 21 full-time employees.
IPO Timeline
Opens
Feb 13
Closes
Feb 17
Allotment
Feb 18
Refunds
Feb 19
Shares Credit
Feb 20
Listing
Feb 21
Opens
Feb 13
Closes
Feb 17
Allotment
Feb 18
Refunds
Feb 19
Shares Credit
Feb 20
Listing
Feb 21
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 42.88x | Oversubscribed |
| RII (Retail Individual Investors) | 46.25x | Oversubscribed |
| Total Subscription | 44.57x | Oversubscribed |
Last updated: Feb 17, 2025, 06:56 PM
Current GMP:
Rs.5
Est. Listing:
Rs.76
Est. Gain:
+7.0%
Star Rating:
★★★★★(2/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹10.49 Cr | ₹10.49 Cr | ₹7.2 Cr | ₹8.23 Cr |
| Net Worth | ₹3.02 Cr | ₹3.02 Cr | ₹2.16 Cr | ₹2.17 Cr |
| Profit After Tax | ₹0.86 Cr | ₹0.86 Cr | ₹0.01 Cr | ₹0.04 Cr |
| Reserves and Surplus | ₹2.39 Cr | ₹2.39 Cr | ₹1.54 Cr | ₹1.54 Cr |
| Revenue | ₹18.87 Cr | ₹18.87 Cr | ₹17.14 Cr | ₹11.94 Cr |
| Total Borrowing | ₹6.48 Cr | ₹6.48 Cr | ₹3.9 Cr | ₹4.39 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Established brand “Super Pack” enhancing market visibility and customer loyalty.
- Diverse product range including ropes, twines, and granules catering to varied customer needs.
- Strategic expansion in 2004 diversified product line into woven sack bags and pipes.
- Consistent innovation leading to sustained industry presence and competitive edge.
- Robust trading and manufacturing operations supporting comprehensive plastic product offerings.
IPO Details
L.K. Mehta Polymers IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 10,40,000 shares (aggregating up to ₹7.38 Cr) |
| IPO Date | February 13, 2025 to February 17, 2025 |
| Issue Price | ₹71 per share |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Listing Date | February 21, 2025 |
| Lot Size | 1,600 Shares |
| Share Holding Post Issue | 38,40,000 shares |
| Share Holding Pre Issue | 28,00,000 shares |
| Total Issue Size | 10,40,000 shares (aggregating up to ₹7.38 Cr) |
L.K. Mehta Polymers IPO Reservation
Share Reservation Distribution
Other
492,800 shares (47.38%)
Retail
492,800 shares (47.38%)
Market Maker
54,400 shares (5.23%)
L.K. Mehta Polymers IPO Promoter Holding
| Share Holding Post Issue | 72.92% |
| Share Holding Pre Issue | 100.00% |
L.K. Mehta Polymers IPO Listing Details
| ₹71 per share |
| 544366 |
| February 21, 2025 |
| INE0FFF01017 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹71.00 |
| High | ₹71.10 |
| Last Trade | ₹68.29 |
| Low | ₹67.54 |
| Open | ₹71.10 |
Key Dates
Open Date:February 13
Close Date:February 17
Listing Date:February 21
