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L.K. Mehta Polymers IPO
43.07xsubscribed

L.K. Mehta Polymers IPO

Plastic Products
listed
₹1.14LMin. investment

L.K. Mehta Polymers Limited IPO Details

SectorPlastic Products
Price range₹71.00 – ₹71.00
IPO type
SME
Lot size1600 shares
Issue size₹7Cr
Red Herring Prospectus
Read
Market cap
₹27.26CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹18.16CrLower than sector avg
Growth rate3Y CAGR
16.70%

L.K. Mehta Polymers IPO Subscription Status

Date
QIB
NII
Retail
Total
13-Feb-25
0.0 times (X)
4.95 times (X)
6.33 times (X)
5.64 times (X)
14-Feb-25
0.0X
5.85X
11.87X
8.86X
17-Feb-25
0.0X
42.4X
43.75X
43.07X

As on 13-Feb-25, 5:30 PM

L.K. Mehta Polymers IPO Timeline

  1. Pre-apply
    12 Feb 2025
  2. Bid start
    13 Feb 2025
  3. Bid end
    17 Feb 2025
  4. Allotment
    18 Feb 2025
  5. Release of funds
    19 Feb 2025
  6. Demat transfer
    20 Feb 2025
  7. Listing
    21 Feb 2025

About L.K. Mehta Polymers Limited

L.K. Mehta Polymers Limited is a leading manufacturer and trader of plastic products, specializing in ropes, twines, and raw materials like polypropylene and polyethylene granules. The company expanded in 2002 by establishing a production unit for woven sack bags and pipes, which operated until 2022. Known for its flagship brand "Super Pack," the company focuses on high-quality products and strong customer relationships. It sources raw materials from domestic and international suppliers, ensuring quality through reprocessing and continuous innovation.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Lk Mehta Polymers Limited IPO

Working capital requirements
72.35%
The company will allocate ₹5.34 Cr for its own working capital needs.
General corporate purposes
0.18%
The company will spend ₹1.34 Cr towards its general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capD/E ratio
This IPO₹18.16Cr16.70%₹0.85Cr₹27.26Cr2.15
This sector (avg.)₹428.83Cr0%₹23.13Cr₹1,429.77Cr0.88
₹10,446.25Cr---₹960.88Cr₹44,630.89Cr0.01
₹5,832.4Cr---₹518.9Cr₹39,668.88Cr0.06
₹4,141.97Cr---₹800.03Cr₹10,908.91Cr0.04

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

L.K. Mehta Polymers IPO Contact Details

Company NameL.K. Mehta Polymers Limited

How to apply for L.K. Mehta Polymers IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Lk Mehta Polymers Limited IPO FAQs