
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
Max. Investment
₹1,13,600
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
Shareholding
Dilution: 37.1% increase in shares
L.K. Mehta Polymers Limited IPO Financials Health
L.K. Mehta Polymers Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,13,600 |
| Retail Maximum | 1 | 1600 | ₹1,13,600 |
| HNI Minimum | 2 | 3200 | ₹2,27,200 |
(All values in CR)
L.K. Mehta Polymers Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 2.15 |
| EPS Post IPO | 2.18 |
| EPS Pre IPO | 3.06 |
| P/E Post IPO | 32.5 |
| P/E Pre IPO | 23.24 |
| PAT MARGIN | 4.53 |
| ROCE | 16% |
| ROE | 28.35% |
| RONW | 28.35% |
(All values in CR)
Strength & Risk of L.K. Mehta Polymers Limited IPO
1. Experienced Promoters.
2. Generational Management.
3. Quality Service.
4. High Level of Customer Satisfaction.
5. Existing Client Relationship.
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 Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| HNI | 42.99 | 4,92,800 | 2,11,87,200 | 150.43 |
| Market Maker | 1.00 | 54,400 | 54,400 | 0.39 |
| Retail | 46.25 | 4,92,800 | 2,27,93,600 | 161.83 |
| Total | 44.62 | 9,85,600 | 4,39,80,800 | 312.26 |
L.K. Mehta Polymers Limited IPO GMP
Last updated 10 Feb, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 10 Feb, 2025 | 71 | ₹10 | 12200 | ₹81 (14.08%) | - | 10 Feb, 2025 |
| 11 Feb, 2025 | 71 | ₹10 | 12200 | ₹81 (14.08%) | - | 11 Feb, 2025 |
| 12 Feb, 2025 | 71 | ₹10▼ | 12200 | ₹81 (14.08%) | - | 12 Feb, 2025 |
| 13 Feb, 2025 | 71 | ₹15▲ | 18200 | ₹86 (21.13%) | - | 13 Feb, 2025 |
| 17 Feb, 2025 | 71 | ₹10 | 12200 | ₹81 (14.08%) | - | 17 Feb, 2025 |
| 18 Feb, 2025 | 71 | ₹10▲ | 12200 | ₹81 (14.08%) | - | 18 Feb, 2025 |
| 20 Feb, 2025 | 71 | ₹5 | 6100 | ₹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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