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Open
13 Feb 2025
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Close
17 Feb 2025
3
Allotment
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Listing
Fri, Feb 21, 2025
Price Band
₹71 per share
Issue Size
10,40,000 shares (agg. up to ₹7 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Feb 21, 2025
Latest GMP
₹5
Est. Gain
7.04%
✦ AI Insight
GMP Trend
21-02-2025₹5Est. ₹76+7.04%
20-02-2025₹5Est. ₹76+7.04%
19-02-2025₹5Est. ₹76+7.04%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 44.14x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 11.87 | 10.49 | 7.20 | 8.23 |
| Total Income | 11.98 | 18.87 | 17.14 | 11.94 |
| Profit After Tax | 0.42 | 0.86 | -0.01 | 0.04 |
| NET Worth | 3.74 | 3.02 | 2.16 | 2.17 |
| Reserves and Surplus | 0.94 | 2.39 | 1.54 | 1.54 |
| Total Borrowing | 6.69 | 6.48 | 3.90 | 4.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Malpani Pipes & Fittings Ltd. | SME | ₹25.92 Cr | ₹90 | 2.42 | ₹84.04 | -6.62% | ₹66.13 (-5.46%) |
| Solve Plastic Products Ltd. | SME | ₹11.85 Cr | ₹91 | 23.2 | ₹107.10 | +17.69% | ₹21.00 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Incremental Working Capital Requirement | 5.34 |
| 2 | General Corporate Purposes | 1.34 |
| 3 | To Public Issue Expenses | 0.70 |
| Total | 7.38 |
About L.K.Mehta Polymers IPO
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 Strengt
Contact Details
L.K.Mehta Polymers Ltd. Address1103/2, Mhow-Neemuch RoadRatlam, Madhya Pradesh, 457001+91-9669903095info@lkmehtapolymersltd.comVisit Website