IPO - Check IPO Date, Price, Lot Size

L.K.Mehta Polymers Ltd IPO

Our company is actively involved in the trading and manufacturing of comprehensive array of Plastic products, addressing the diverse needs of our discerning customers. Our product line is specifically designed to encompass a wide range of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, packaging twine (sutli).

L.K.Mehta Polymers Ltd IPO Details

Total Shares Offered

₹ 10,40,000

Offer to Public

TBA

Retail Max (Shares)

₹ 4,92,800

Pre Issue Promoters Holding

₹ 28,00,000

Exchange

BSE

Issue size

TBA

IPO Open Date

Feb 13, 2025

Close Date

Feb 17, 2025

Lot Size

1600

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Feb 21, 2025

L.K.Mehta Polymers Ltd IPO Dates

Feb 13, 2025

Opening date

Feb 17, 2025

Closing date

Feb 18, 2025

Basis of Allotment

Feb 20, 2025

Initiation of Refunds

Feb 20, 2025

Credit of Shares

Feb 21, 2025

Listing date

Details

Sector	Type
Sector	Plastics Products
Sub Sector	NA
Issue Type	Fixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0x	0	0
NII	42.99x	492800	21187200
Retail	46.25x	492800	22793600
Employee	0x	0	0
Total	42.29x	1040000	43980800

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

42.99x

46.25x

42.29x

492800

1040000

21187200

22793600

43980800

L.K.Mehta Polymers Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	0.92	0.80	0.11
EBITDA	1.04	0.85	0.22
PAT	0.60	0.58	-0.01
Total Assets	16.95	9.39	6.22
Share Capital	3.84	0.63	0.63
Total Borrowings	8.73	8.63	5.39
Operating Activities (Net Cash)	0.72	0.63	0.10
Investing Activities (Net Cash)	-0.01	0.00	0.00
Financing Activities (Net Cash)	8.73	8.63	5.39
Net Cashflow	5.06	0.11	0.01

About L.K.Mehta Polymers Ltd

Our Company was originally incorporated as Public Limited, under the Companies Act, 1956 (Companies Act) in the name and style of L.K.Mehta Polymers Limited on January 02nd, 1995 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gwalior, Madhya Pradesh with a object to acquire and takeover the existing proprietorship business of a sole proprietorship as going concern carried by Suresh Kumar Mehta in the name and style as `Sajjan Plastic Industries'. As on date of this Prospectus the Corporate Identification Number of our Company is U25206MP1995PLC008901.

India Rope Market registered a growth of 0.24% in value shipments in 2022 as compared to 2021 and an increase of 10.51% CAGR in 2022 over a period of 2017. In Rope Market India is becoming less competitive as HHI index in 2022 was 1566 while in 2017 it was 1122. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Rope Market. India Rope market currently, in 2023, has witnessed an HHI of 1628, which has decreased substantially as compared to the HHI of 2919 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Peer Comparison:

No Listed Industry peers

L.K.Mehta Polymers Ltd Key Points

Strengths

Experienced Promoters.

Generational Management.

Quality Service.

High Level of Customer Satisfaction.

Existing Client Relationship.

Risk

Our Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability.

Our Company is dependent on few States. Loss of any of this large States may affect our business operations.

Our Company is dependent on a few suppliers for purchase of product. Loss of any of these large suppliers may affect our business operations.

Strategy

Focus on dealing in quality standard products.

Develop cordial relationship with our Suppliers, Customer and employees.

Diversification- addition in our Geographical reach.

How To Apply for L.K.Mehta Polymers Ltd IPO Online?

Step 1:

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From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the L.K.Mehta Polymers Ltd IPO?

L.K.Mehta Polymers Ltd's IPO offers shares for up to 7.38 It begins on Feb 13, 2025 and ends on Feb 17, 2025.

What is the price of the L.K.Mehta Polymers Ltd IPO?

The price of L.K.Mehta Polymers Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the L.K.Mehta Polymers Ltd IPO?

The L.K.Mehta Polymers Ltd IPO opens on Feb 13, 2025 and closes on Feb 17, 2025.

When will the L.K.Mehta Polymers Ltd IPO be allotted?

The allotment for the L.K.Mehta Polymers Ltd IPO will be finalised on Feb 18, 2025. The shares will be listed on BSE and NSE on Feb 21, 2025.

What is the minimum lot size required for L.K.Mehta Polymers Ltd IPO?

The minimum lot size for L.K.Mehta Polymers Ltd IPO is 1600 shares, priced between NA to NA per share.

What is the GMP of L.K.Mehta Polymers Ltd IPO?

The GMP (Grey Market Premium) of L.K.Mehta Polymers Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of L.K.Mehta Polymers Ltd IPO?

To check the allotment status of L.K.Mehta Polymers Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the L.K.Mehta Polymers Ltd IPO getting listed?

The L.K.Mehta Polymers Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 13, 2025, and closes on Feb 17, 2025. The allotment is finalised on Feb 18, 2025.

How do you apply for the L.K.Mehta Polymers Ltd IPO?

To apply for the L.K.Mehta Polymers Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.