L.K. Mehta Polymers IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 13 to Feb 17 2025
Price Band
₹71
Current GMP
₹71.1(0.14%)
Subscription
44.57 times
IPO Details
| IPO Date | February 13, 2025 to February 17, 2025 |
| Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹71 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 10,40,000 shares (aggregating up to ₹7.38 Cr) |
| Fresh Issue | 10,40,000 shares (aggregating up to ₹7.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 28,00,000 shares |
| Share Holding Post Issue | 38,40,000 shares |
| Market Maker Portion | 54,400 sharesSwastika Investmart Limited |
IPO Date
February 13, 2025 to February 17, 2025
Listing Date
February 21, 2025
Face Value
₹10 per share
Issue Price
₹71 per share
Lot Size
1,600 Shares
Total Issue Size
10,40,000 shares (aggregating up to ₹7.38 Cr)
Fresh Issue
10,40,000 shares (aggregating up to ₹7.38 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share Holding Pre Issue
28,00,000 shares
Share Holding Post Issue
38,40,000 shares
Market Maker Portion
54,400 sharesSwastika Investmart Limited
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 42.88 |
| Retail Investors | 46.25 |
| Total ** | 44.57 |
Market Maker
1
Non-Institutional Buyers***
42.88
Retail Investors
46.25
Total **
44.57
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Feb 13, 2025 | 4.95 | 6.31 | 5.63 |
| Day 2 Feb 14, 2025 | 5.74 | 11.87 | 8.81 |
| Day 3 Feb 17, 2025 | 42.88 | 46.25 | 44.57 |
DayDay 1
Feb 13, 2025
NII*4.95
Retail6.31
Total5.63
DayDay 2
Feb 14, 2025
NII*5.74
Retail11.87
Total8.81
DayDay 3
Feb 17, 2025
NII*42.88
Retail46.25
Total44.57
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 21-02-2025 | 71.00 | 5(7.04%) | 76 |
| 20-02-2025 | 71.00 | 5(7.04%) | 76 |
| 19-02-2025 | 71.00 | 5(7.04%) | 76 |
| 18-02-2025 | 71.00 | 5(7.04%) | 76 |
| 17-02-2025 | 71.00 | 10(14.08%) | 81 |
| 16-02-2025 | 71.00 | 10(14.08%) | 81 |
| 15-02-2025 | 71.00 | 10(14.08%) | 81 |
| 14-02-2025 | 71.00 | 10(14.08%) | 81 |
| 13-02-2025 | 71.00 | 10(14.08%) | 81 |
| 12-02-2025 | 71.00 | 15(21.13%) | 86 |
| 11-02-2025 | 71.00 | 10(14.08%) | 81 |
| 10-02-2025 | 71.00 | 10(14.08%) | 81 |
| 09-02-2025 | 71.00 | 10(14.08%) | 81 |
| 08-02-2025 | 71.00 | 10(14.08%) | 81 |
Date21-02-2025
Price71.00
GMP5(7.04%)
Estimate List Price76
Date20-02-2025
Price71.00
GMP5(7.04%)
Estimate List Price76
Date19-02-2025
Price71.00
GMP5(7.04%)
Estimate List Price76
Date18-02-2025
Price71.00
GMP5(7.04%)
Estimate List Price76
Date17-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date16-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date15-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date14-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date13-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date12-02-2025
Price71.00
GMP15(21.13%)
Estimate List Price86
Date11-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date10-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date09-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
Date08-02-2025
Price71.00
GMP10(14.08%)
Estimate List Price81
IPO Important Dates
| IPO Open Date | Thu, Feb 13, 2025 |
| IPO Close Date | Mon, Feb 17, 2025 |
| Tentative Allotment | Tue, Feb 18, 2025 |
| Initiation of Refunds | Wed, Feb 19, 2025 |
| Credit of Shares to Demat | Thu, Feb 20, 2025 |
| Tentative Listing Date | Fri, Feb 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 17, 2025 |
IPO Open Date
Thu, Feb 13, 2025
IPO Close Date
Mon, Feb 17, 2025
Tentative Allotment
Tue, Feb 18, 2025
Initiation of Refunds
Wed, Feb 19, 2025
Credit of Shares to Demat
Thu, Feb 20, 2025
Tentative Listing Date
Fri, Feb 21, 2025
Cut-off time for UPI mandate confirmation
5 PM on February 17, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,13,600 |
| Retail (Max) | 1 | 1600 | ₹1,13,600 |
| HNI (Min) | 2 | 3,200 | ₹2,27,200 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹1,13,600
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹1,13,600
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹2,27,200
Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 11.87 | 10.49 | 7.2 |
| Revenue | 11.98 | 18.87 | 17.14 |
| Profit After Tax | 0.42 | 0.86 | -0.01 |
| Net Worth | 3.74 | 3.02 | 2.16 |
| Reserves and Surplus | 0.94 | 2.39 | 1.54 |
| Total Borrowing | 6.69 | 6.48 | 3.9 |
Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 202411.87
31 Mar 202410.49
31 Mar 20237.2
Period EndedRevenue
31 Dec 202411.98
31 Mar 202418.87
31 Mar 202317.14
Period EndedProfit After Tax
31 Dec 20240.42
31 Mar 20240.86
31 Mar 2023-0.01
Period EndedNet Worth
31 Dec 20243.74
31 Mar 20243.02
31 Mar 20232.16
Period EndedReserves and Surplus
31 Dec 20240.94
31 Mar 20242.39
31 Mar 20231.54
Period EndedTotal Borrowing
31 Dec 20246.69
31 Mar 20246.48
31 Mar 20233.9
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 54,400 (5.23%) |
| Other Shares Offered | 4,92,800 (47.38%) |
| Retail Shares Offered | 4,92,800 (47.38%) |
| Total Shares Offered | 10,40,001 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
54,400 (5.23%)
Other Shares Offered
4,92,800 (47.38%)
Retail Shares Offered
4,92,800 (47.38%)
Total Shares Offered
10,40,001 (100%)
Information about company
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 25th January, 2025, the company has 21 full time employees.
Competitive Strength:
Experienced Promoters
Generational Management
Quality Service
High Level of Customer Satisfaction
Existing Client Relationship
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
To Meet Incremental Working Capital Requirement
General Corporate Purpose
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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