L K Mehta Polymers Limited IPO is opening for subscription on 13 February 2025 and will close on 17 February 2025. This SME IPO will be raising ₹7.38 crore from an entire fresh issue of 10.40 lakh equity shares.
The L K Mehta Polymers IPO allotment date will be finalized on Tuesday, 18 February 2025. L K Mehta Polymers shares will probably be listed on BSE SME on Friday, 21 February 2025.
L K Mehta Polymers IPO is a fixed price issue and the price has been set at ₹71 per share. The IPO lot size is 1600 per application, making the minimum investment for retail investors stand at ₹113600. For the HNIs, the minimum number of lots they have to buy is 2 which means 3200 shares summing up to ₹227200.
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L K Mehta Polymers BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | February 13, 2025 |
| IPO Closing Date | February 17, 2025 |
| Tentative IPO Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹71 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 1040000 Shares (₹7.38 Cr) |
| Fresh Issue | 1040000 Shares (₹7.38 Cr) |
| IPO Segment | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 2800000 shares |
| Share Holding Post-Issue | 3840000 shares |
L K Mehta Polymers Limited | Company Overview
L K Mehta Polymers Limited is a three-decade-old company running since 1995. It is engaged in the production and supply of plastic products to various clients. It mainly deals in trading and reprocessing of basic raw materials such as polyethylene and polypropylene granules. They sell the products under the brand name “Super Pack”. The products are of superior build and quality which last for a long and thus help in building trust amongst the customers.
Product List
- Twines: The company produces two types of twines – Baler Twine, and Packaging Twine or Sutli which are used across harvesting, handicraft, other agricultural work, retail packaging, stationary items, and other household and packaging use.
- Ropes: L K Mehta Polymers offers different types of ropes –
- Monofilament Ropes
- Tape Rope
- Danline Ropes
These ropes are used in agriculture, packaging, and transportation use where non-ISI products are used. Apart from this, these ropes are also used for high-risk sectors such as heavy machines, mining, shipping, etc.
- Granules: The firm offers granules of production of plastic products such as polypropylene, and polyethylene.
L K Mehta Polymers Limited IPO | Key Details
- L K Mehta Polymers IPO Opening Date: February 13, 2025,
- L K Mehta Polymers IPO Closing Date: February 17, 2025.
- Allotment Date: February 18, 2025
- Price Band: ₹ 71 per share
- Lot Size: 1600 shares
- Refunds Initiated: February 19, 2025
- Shares Credited to Demat: February 20, 2025
- Listing Date: February 21, 2025
L K Mehta Polymers Ltd: Financial Overview
L K Mehta Polymers Limited’s profits rose by 8700% in FY24 from an increase of 10% rise in revenue.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 10.49 | 7.2 | 3.29 | 45.69444444 |
| Revenue | 18.87 | 17.14 | 1.73 | 10.09334889 |
| Profit After Tax | 0.86 | -0.01 | 0.87 | 8700 |
| Net Worth | 3.02 | 2.16 | 0.86 | 39.81481481 |
| Reserve & Surplus | 2.39 | 1.54 | 0.85 | 55.19480519 |
| Total Borrowing | 6.48 | 3.9 | 2.58 | 66.15384615 |
L K Mehta Polymers Ltd IPO | FAQs
L K Mehta Polymers Ltd is engaged in offering different plastic products, and granules required to make those products.
The tentative IPO listing date of L K Mehta Polymers has been fixed as Friday, February 21, 2025.
The bidding date for the L K Mehta Polymers IPO is February 13 2025, and it will continue until February 17 2025.
The minimum IPO lot size for L K Mehta Polymers is 1600 shares and for HNIs, the minimum number of lots is 2.
The IPO allotment is expected to be finalized on Tuesday, February 18, 2025.
The IPO face value is set at ₹10 per share.
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