SME · BSESubscribed: 44.62×GMP ₹5
L.K. Mehta Polymers Limited

L.K. Mehta Polymers Limited

L.K. Mehta Polymers Limited(LKMEHTA)

Total Shares

10,40,000

Issue Size

₹7.38 Cr

Price Band

71 – ₹71

Lot Size

1600 shares

Min. Investment

1,13,600

Max. Investment

1,13,600

Open Date

13 Feb, 2025

Close Date

17 Feb, 2025

Allotment

18 Feb, 2025

Listing

20 Feb, 2025

Announced

13 Feb, 2025

Opening Date

13 Feb, 2025

Closing Date

17 Feb, 2025

Basis of Allotment

18 Feb, 2025

Initiation of Refunds

19 Feb, 2025

Credit of Shares

19 Feb, 2025

Listing Date

20 Feb, 2025

Live GMP

Est. Listing: ₹81

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About L.K. Mehta Polymers Limited 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

L.K. Mehta Polymers Limited IPO Share Price and Issue Size

Issue Breakdown

Total Issue10,40,000 shares₹7.38 Cr
Fresh Issue10,40,000 shares₹ 7.38 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue28,00,000
Post-Issue38,40,000

Dilution: 37.1% increase in shares

L.K. Mehta Polymers Limited IPO Financials Health

L.K. Mehta Polymers Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum116001,13,600
Retail Maximum116001,13,600
HNI Minimum232002,27,200

(All values in CR)

L.K. Mehta Polymers Limited IPO Valuation

MetricValue
DEBT/EQUITY2.15
EPS Post IPO2.18
EPS Pre IPO3.06
P/E Post IPO32.5
P/E Pre IPO23.24
PAT MARGIN4.53
ROCE16%
ROE28.35%
RONW28.35%

(All values in CR)

Strength & Risk of L.K. Mehta Polymers Limited IPO

+Strengths

1. Experienced Promoters.

2. Generational Management.

3. Quality Service.

4. High Level of Customer Satisfaction.

5. Existing Client Relationship.

!Risks

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.

L.K. Mehta Polymers Limited IPO Subscription Status

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
HNI42.994,92,8002,11,87,200150.43
Market Maker1.0054,40054,4000.39
Retail46.254,92,8002,27,93,600161.83
Total44.629,85,6004,39,80,800312.26

L.K. Mehta Polymers Limited IPO GMP

+10+14.1%

Last updated 10 Feb, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
10 Feb, 202571₹1012200₹81 (14.08%)-10 Feb, 2025
11 Feb, 202571₹1012200₹81 (14.08%)-11 Feb, 2025
12 Feb, 202571₹1012200₹81 (14.08%)-12 Feb, 2025
13 Feb, 202571₹1518200₹86 (21.13%)-13 Feb, 2025
17 Feb, 202571₹1012200₹81 (14.08%)-17 Feb, 2025
18 Feb, 202571₹1012200₹81 (14.08%)-18 Feb, 2025
20 Feb, 202571₹56100₹76 (7.04%)-20 Feb, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

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3

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5

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