L K Mehta Polymers IPO Details
SME
L K Mehta Polymers IPO opens for subscription on 13 Feb 2025 and closes on 17 Feb 2025. The IPO will be listed on BSE with the tentative listing date set for 20 Feb 2025.
L K Mehta Polymers IPO price band has been fixed at ₹71 – ₹71 per share.The face value is ₹10 per share with a lot size of 1600.
L K Mehta Polymers IPO total issue size comprises 10,40,000 shares (aggregating up to ₹7.38 Cr). This includes a fresh issue of 10,40,000 shares (aggregating up to ₹ 7.38 Cr). Pre-issue shareholding stands at 28,00,000, which will increase to 38,40,000 post-issue.
L K Mehta Polymers IPO carries a ₹5 (7.0%) GMP, reflecting investor sentiment.
L K Mehta Polymers IPO Lot Size : Retain Minimum is 1 lot (1,600 shares) amounting to ₹113,600. Retain Maximum is 1 lot (1,600 shares) amounting to ₹113,600. HNI Minimum is 2 lots (3,200 shares) amounting to ₹227,200.
The Lead Managers for L K Mehta Polymers IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Swastika Investmart Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Swastika Investmart. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the L.K. Mehta Polymers Limited RHP.
L K Mehta Polymers IPO Details
L K Mehta Polymers IPO Subscription
L K Mehta Polymers IPO Application Wise Breakup
L K Mehta Polymers IPO Dates
- 13 Feb 2025Opening dateOPD
- 17 Feb 2025Closing dateCOD
- 18 Feb 2025Allotment Date BOA
- 19 Feb 2025Initiation of RefundsIOR
- 19 Feb 2025Credit of SharesCOS
- 20 Feb 2025Listing dateLID
L K Mehta Polymers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1600 | ₹113,600 |
| Retain Maximum | 1 | 1600 | ₹113,600 |
| HNI Minimum | 2 | 3200 | ₹227,200 |
L K Mehta Polymers IPO Reservation
Promoter Holding
L K Mehta Polymers IPO Valuations
L K Mehta Polymers Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 11.76 | 10.49 | 7.2 | 8.23 | ||||||||||||||||||||||||||||||||||||
| Revenue | 4.01 | 18.87 | 17.14 | 11.94 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 0.21 | 0.86 | -0.01 | 0.04 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 3.53 | 3.02 | 2.16 | 2.17 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 0.73 | 2.39 | 1.54 | 1.54 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 6.72 | 6.48 | 3.9 | 4.39 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
About L K Mehta Polymers IPO
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 31st July, 2024, the company has 20 full time employees.
Competitive Strength:
- Experienced Promoters
- Generational Management
- Quality Service
- High Level of Customer Satisfaction
- Existing Client Relationship
Strength Of L K Mehta Polymers IPO
1. Experienced Promoters.
2. Generational Management.
3. Quality Service.
4. High Level of Customer Satisfaction.
5. Existing Client Relationship.
Risk Of L K Mehta Polymers IPO
1. Our Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability.
2. Our Company is dependent on few States. Loss of any of this large States may affect our business operations.
3. Our Company is dependent on a few suppliers for purchase of product. Loss of any of these large suppliers may affect our business operations.
4. Our business is dependent on our manufacturing facility. The loss of or shutdown of operations of our manufacturing facility may have a material adverse effect on our business, financial condition and results of operations.
5. Some part of our revenue from operation is generated from sale of Gold and related products.
6. Our Company has not entered into any agreements/ contracts for the supply of raw material and other utilities. Risks related to shortfall or non-availability of raw material and other utilities may adversely affect our manufacturing processes and have an adverse impact on our operations and financial condition.
7. We will continue to be controlled by our Promoters after the completion of the Issue.
8. Our Company, Promoters, Directors and Group Companies are involved in certain legal proceedings. Any adverse decision in such proceedings may render us/them liable to liabilities/penalties and may adversely affect our business and results of operations.
9. Our lenders have charge over our movable and immovable properties in respect of finance availed by us and our group company, Promoters, Directors and member of Promoters and Promoter Group have provided their personal guarantee for such debt facility availed by us.
10. Our Company's some part of the sales are dependent on some of the Related Parties. Loss of any of this Related Parties Transaction it may affect our revenues and profitability.
Objectives L K Mehta Polymers IPO
- To Meet Incremental Working Capital Requirement
- General Corporate Purpose
Company Contact Details
L.K. Mehta Polymers Limited
1103/2,
Mhow-Neemuch Road,
Ratlam, 457001
Phone: +91-9669903095
Email: info@lkmehtapolymersltd.com
Website: https://lkmehtapolymersltd.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
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