L.K. Mehta Polymers IPO Details
The L.K. Mehta Polymers IPO is a fixed price issue with a total issue size of ₹7.38 cr, comprising of fresh issue of 1040000 equity shares. L.K. Mehta Polymers IPO opened for subscription on Feb 13, 2025 and closed on Feb 17, 2025. L.K. Mehta Polymers IPO has set the price at ₹71 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹227,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 18, 2025, and listed on both the NSE and BSE on Feb 21, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Swastika Investmart Ltd are the Book Running Lead Manager for the issue.
Before investing in the L.K. Mehta Polymers IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 71 – 71
- Lot Size
- 1600
- Issue Size
- ₹7.38 Cr
- Minimum Investment
- ₹227200 (3200 Shares)
- Listing Date
- 21 February 2025
Current GMP
₹5 (+7.04%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About L.K. Mehta Polymers Limited
L.K. Mehta Polymers Limited was incorporated on January 2, 1995, as a public limited company. It initially acquired the sole proprietorship business of M/s. Sajjan Plastic Industries. The company, promoted by Kamlesh Mehta HUF and their relatives, started with manufacturing ropes, twines, and granules, and expanded over the years into producing woven sack bags and pipes. In 2002, the company established a new production unit, which became operational in 2004. By 2022, the unit was transferred, marking a significant transition in its operations.
The company trades and manufactures a wide range of plastic products, including monofilament ropes, danline ropes, tape ropes, baler twines, and packaging twine (sutli), as well as polyethylene and polypropylene granules. These products serve industries like agriculture, transport, mining, and packaging. The brand “Super Pack” is associated with high-quality products and strong customer relationships.
Key competitive strengths of L.K. Mehta Polymers include:
- Experienced Promoters: The promoters bring over three decades of experience in the plastic industry, enabling the company to leverage market opportunities effectively.
- Generational Management: The company has successfully navigated market changes through three generations, ensuring long-term sustainability and growth.
- Quality Service: Stringent systems are in place to ensure timely deliveries, product quality, and customer satisfaction, resulting in strong customer loyalty and repeat orders.
- High Level of Customer Satisfaction: Timely deliveries, ease of ordering, and excellent customer service have contributed to high customer satisfaction and a loyal client base.
- Existing Client Relationships: Strong existing relationships with customers lead to repeat business and provide a competitive edge in acquiring new clients.
Through continuous innovation and maintaining high standards, L.K. Mehta Polymers remains a significant player in the plastic products industry.
L.K. Mehta Polymers IPO Promoters
- Mr. Kamlesh Mehta
- Rina Mehta
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.92%
L.K. Mehta Polymers IPO Objective
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Incremental Working Capital Requirement
- General Corporate Purpose
Address / Contact Info
L.K. Mehta Polymers Limited
1103/2, Mhow-Neemuch
Road, Ratlam, Madhya
Pradesh, India, 457001
Phone: +91-9669903095
Email: info@lkmehtapolymersltd.com
Website: https://lkmehtapolymersltd.com/
IPO Snapshot
Book Running Lead Managers
- Swastika Investmart Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
L.K. Mehta Polymers IPO is a Fixed price IPO with a total issue size of ₹7.38 crore. The L.K. Mehta Polymers IPO price band is ₹71 to 71 per share. The L.K. Mehta Polymers IPO subscription opens on Thu, Feb 13, 2025, and closes on Mon, Feb 17, 2025. The L.K. Mehta Polymers IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the L.K. Mehta Polymers IPO.
The L.K. Mehta Polymers IPO opens on Thu, Feb 13, 2025 and closes on Mon, Feb 17, 2025
L.K. Mehta Polymers IPO Price Band is ₹71 to 71 per share.
L.K. Mehta Polymers IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹227200 based on the upper price band
The minimum investment for L.K. Mehta Polymers IPO is ₹227200, based on one lot of 1600 shares at the upper price band of ₹71 per share.
Investors can apply for the L.K. Mehta Polymers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Feb 17, 2025. The application amount remains blocked until the L.K. Mehta Polymers IPO allotment is finalized.
L.K. Mehta Polymers IPO issue size is ₹7.38 crores.
L.K. Mehta Polymers IPO allotment date is Wed, Jul 1, 2026.
The registrar for L.K. Mehta Polymers IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check L.K. Mehta Polymers IPO allotment status, refund processing, and other IPO-related information.
The L.K. Mehta Polymers IPO GMP (Grey Market Premium) is ₹5 as of Fri, Feb 21, 2025. Based on the upper price band of ₹71 per share, the estimated L.K. Mehta Polymers IPO listing price is ₹76, indicating a potential listing gain of approximately 0% over the issue price.