L K Mehta Polymers IPO Summary
L.K. Mehta Polymers Limited is launching its Initial Public Offering (IPO) on February 13, 2025, and the subscription will close on February 17, 2025. This fixed price issue aims to raise approximately ₹7.38 crores, consisting entirely of a fresh issue of 10,40,000 equity shares at ₹71 per share. The IPO is set to list on the BSE SME on February 20, 2025.
L K Mehta Polymers IPO Details
IPO Details | Information |
---|---|
IPO Open Date | February 13, 2025 |
IPO Close Date | February 17, 2025 |
Face Value | ₹10 per equity share |
IPO Price Band | ₹71 per share |
Issue Size | ₹7.38 crores |
Fresh Issue | 10,40,000 equity shares |
Offer for Sale | N/A |
Market Maker Reservation | 54,400 equity shares |
Net Issue | 9,85,600 equity shares |
Issue Type | Fixed Price Issue |
Listing At | BSE SME |
Retail Quota | Not more than [.]% |
QIB Quota | Not more than [.]% |
NII Quota | Not more than [.]% |
Promoters | Kamlesh Mehta & Rina Mehta |
![L.K. Mehta Polymers IPO](https://ipogenius.in/wp-content/uploads/2025/02/L.K.-Mehta-Polymers-IPO--1024x536.png)
L K Mehta Polymers IPO Important Dates
Event | Date |
---|---|
IPO Open Date | February 13, 2025 |
IPO Close Date | February 17, 2025 |
Basis of Allotment | February 18, 2025 |
Refunds Initiated | February 19, 2025 |
Credit to Demat Accounts | February 19, 2025 |
IPO Listing Date | February 20, 2025 |
L K Mehta Polymers IPO Market Lot Size
Investor Type | Lot Size | Number of Shares | Investment Amount |
---|---|---|---|
Retail Minimum | 1 lot | 1,600 shares | ₹1,13,600 |
Retail Maximum | 1 lot | 1,600 shares | ₹1,13,600 |
S-HNI Minimum | 2 lots | 3,200 shares | ₹2,27,200 |
L K Mehta Polymers Financial Performance
L K Mehta Polymers Limited has shown steady revenue growth, increasing from ₹17.14 crores in 2023 to ₹18.87 crores in 2024. The company turned profitable in 2024, reporting a profit of ₹0.86 crores, compared to a loss of ₹0.01 crores in 2023.
Financial Summary (₹ in Crores)
Year | Revenue | Expense | Profit After Tax | Total Assets |
---|---|---|---|---|
2022 | ₹11.94 | ₹11.80 | ₹0.04 | ₹8.23 |
2023 | ₹17.14 | ₹17.14 | ₹0.01 | ₹7.20 |
2024 | ₹18.87 | ₹17.87 | ₹0.86 | ₹10.49 |
June 2024 | ₹4.01 | ₹3.72 | ₹0.21 | ₹11.76 |
L.K. Mehta Polymers IPO Valuation – FY 2024
Financial Metric | Value |
---|---|
Return on Equity (ROE) | 28.35% |
Return on Capital Employed (ROCE) | 16% |
EBITDA Margin | 5.58% |
PAT Margin | 4.53% |
Debt-to-Equity Ratio | 2.15 |
Earnings Per Share (EPS) | ₹3.42 (Basic) |
Price-to-Earnings (P/E) Ratio | 41.04 |
Return on Net Worth (RoNW) | 28.35% |
Net Asset Value (NAV) | ₹12.07 |
Objects of the IPO Issue
The company intends to use the IPO proceeds for:
- Meeting incremental working capital requirements
- General corporate purposes
Company Overview
L.K. Mehta Polymers Limited, established in 1995, is based in Ratlam, Madhya Pradesh. The company specializes in manufacturing and selling plastic products, including plastic ropes, twines, and granules. It also engages in reprocessing and trading raw materials.
The company operates under the “Super Pack” brand and has a strong reputation for quality, timely delivery, and customer satisfaction. With a presence in 20 states and a customer base of 500+, L.K. Mehta Polymers has built a reliable and adaptable business model.
L K Mehta Polymers IPO Registrar & Lead Manager
Registrar Details:
- Company Name: Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: Bigshare Services IPO Status
Lead Manager:
- Swastika Investmart Ltd
Company Contact Details
- Company Name: L.K. Mehta Polymers Limited
- Address: 1103/2, Mhow-Neemuch Road, Ratlam, 457001, Madhya Pradesh, India
- Phone: +91-9669903095
- Email: info@lkmehtapolymersltd.com
- Website: L.K. Mehta Polymers
L K Mehta Polymers IPO FAQs
1. What is the L K Mehta Polymers IPO?
The L.K. Mehta Polymers IPO is an SME IPO aiming to raise ₹7.38 crores by issuing 10,40,000 equity shares at ₹71 per share.
2. When does the L K Mehta Polymers IPO open and close?
- Open Date: February 13, 2025
- Close Date: February 17, 2025
3. What is the minimum investment required?
Investors need to apply for at least 1,600 shares, which requires an investment of ₹1,13,600.
4. When will the allotment be finalized?
The basis of allotment will be finalized on February 18, 2025.
5. Where will the shares be listed?
The shares will be listed on the BSE SME platform on February 20, 2025.
Final Note
The L.K. Mehta Polymers IPO is expected to attract investors due to its growth potential and positive financial performance. The company’s strong market presence, increasing revenue, and profitability turnaround make it a stock to watch in the SME segment.
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