LK Mehta Polymers IPO description – L.K. Mehta Polymers is a manufacturer and trader of plastic products, offering a diverse range of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, and packaging twine (sutli). The company trades and reprocesses raw materials such as polypropylene and polyethylene granules. L.K. Mehta Polymers addresses the diverse needs of its customers with its comprehensive array of plastic products.
L.K. Mehta Polymers sells its products under the brand name “Super Pack,” representing the company’s dedication to high quality and strong customer relationships. As of 31 July 2024, L.K. Mehta Polymers has 20 full-time employees. The company has 11 Key Management Personnel (KMPs).
Promoters of LK Mehta Polymers – Mr. Kamlesh Mehta, and Ms. Rina Mehta
Table of Contents
LK Mehta IPO Details
| LK Mehta Polymers IPO Dates | 13 – 17 February 2025 |
| LK Mehta Polymers Issue Price | INR 71 per share |
| Fresh issue | 10,40,000 shares (INR 7.38 crore) |
| Offer For Sale | NIL |
| Total IPO size | 10,40,000 shares (INR 7.38 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,13,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
LK Mehta Polymers Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 11.43 | 16.75 | 18.16 | 11.86 |
| Expenses | 11.80 | 17.14 | 17.87 | 11.42 |
| Net income | 0.04 | (0.01) | 0.86 | 0.42 |
LK Mehta Polymers Offer News
- LK Mehta Polymers RHP
- LK Mehta Polymers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
LK Mehta Polymers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.16 | (0.03) | 3.42 |
| PE ratio | – | – | 20.76 |
| RONW (%) | 1.88 | (0.35) | 28.35 |
| NAV | 8.68 | 8.65 | 12.07 |
| ROCE (%) | 9.0 | 7.0 | 16.0 |
| EBITDA (%) | 1.86 | 0.81 | 5.58 |
| Debt/Equity | 2.03 | 1.80 | 2.15 |
LK Mehta Polymers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 February 2025 | 7 | – | 9,000 |
| 19 February 2025 | 7 | – | 9,000 |
| 18 February 2025 | 10 | – | 12,000 |
| 17 February 2025 | 10 | – | 12,000 |
| 15 February 2025 | 13 | – | 15,000 |
| 14 February 2025 | 12 | – | 14,500 |
| 13 February 2025 | 10 | – | 12,000 |
| 12 February 2025 | 10 | – | 12,000 |
| 11 February 2025 | 10 | – | 12,000 |
| 10 February 2025 | 10 | – | 12,000 |
LK Mehta Polymers IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 4,92,800 | 4,92,800 | 9,85,600 |
| 17 Feb 2025 | 42.99 | 46.25 | 44.62 |
| 14 Feb 2025 | 5.91 | 12.35 | 9.13 |
| 13 Feb 2025 | 4.99 | 6.76 | 5.87 |
The market maker reservation portion of 54,400 shares is not included in the above calculations.
LK Mehta Polymers IPO Allotment Status
LK Mehta Polymers IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
LK Mehta Polymers IPO Dates & Listing Performance
| IPO Opening Date | 13 February 2025 |
| IPO Closing Date | 17 February 2025 |
| Finalization of Basis of Allotment | 18 February 2025 |
| Initiation of refunds | 20 February 2025 |
| Transfer of shares to demat accounts | 20 February 2025 |
| IPO Listing Date | 21 February 2025 |
| Opening Price on BSE SME | INR 71.1 per share (up 0.14%) |
| Closing Price on BSE SME | INR 68.1 per share (down 4.08%) |
LK Mehta Polymers Offer Lead Manager
SWASTIKA INVESTMART LIMITED
Flat No18, 2nd Floor, North Wing,
Madhaveshwar Coop Hsg Society Ltd, Madhav Nagar,
11/12 SV Road, Andheri West Mumbai – 400058
Phone: +91-22-26254568-69 / 0731-6644244
Email: merchantbanking@swastika.co.in
Website: www.swastika.co.in
LK Mehta Polymers Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
LK Mehta Polymers Contact Details
L.K.MEHTA POLYMERS LIMITED
1103/2, Mhow-Neemuch Road, Ratlam,
Madhya Pradesh, India, 457001
Phone: +91-9669903095
E-mail: cs@lkmehtapolymersltd.com
Website: www.lkmehtapolymersltd.com
IPO FAQs
What is the LK Mehta Polymers IPO size?
LK Mehta Polymers offer size is INR 7.38 crores.
What is the LK Mehta Polymers offer price band?
LK Mehta Polymers public offer price is INR 71 per share.
What is the lot size of the LK Mehta Polymers IPO?
LK Mehta Polymers offer lot size is 1,600 shares.
What is LK Mehta Polymers IPO GMP today?
LK Mehta Polymers IPO GMP today is INR 7 per share.
What is the LK Mehta Polymers kostak rate today?
LK Mehta Polymers kostak rate today is INR NA per application.
What is LK Mehta Polymers IPO Subject to Sauda rate today?
LK Mehta Polymers Subject to Sauda rate today is INR 9,000 per application.