LK Mehta Polymers IPO GMP; L.K. Mehta Polymers IPO, a SME IPO of ₹7.38 Cr opens for subscription from February 13, 2025 to February 17, 2025. The IPO consists of ₹7.38 Cr fresh issue. The face value is Rs 10 and the price band is fixed at 71.00 per share. You can apply to the L.K. Mehta Polymers SME IPO for a minimum lot of 1600 shares amounting of Rs 113600. The tentative listing date on the exchange (BSE SME) is 21-02-2025.
Stay tuned with IPO Wheel to get more details about LK Mehta Polymers IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
LK Mehta Polymers IPO Overview
| Company Name | L.K. Mehta Polymers Limited |
| IPO Date | February 13, 2025, to February 17, 2025 |
| Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹71 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 10,40,000 shares (₹7.38 Cr) |
| Fresh Issue | 10,40,000 shares (₹7.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 28,00,000 shares |
| Share Holding Post-Issue | 38,40,000 shares |
| Market Maker Portion | 54,400 shares |
LK Mehta Polymers IPO GMP (Grey Market Premium) Trend
| Date | IPO GMP (₹) | GMP Trend | Kostak (₹) | Subject to (₹) |
|---|---|---|---|---|
| 15 February | ₹15 | IPO GMP UP | ₹- | ₹25,000 |
| 14 February | ₹15 | IPO GMP UP | ₹- | ₹25,000 |
| 13 February | ₹10 | IPO GMP UP | ₹- | ₹15,000 |
| 12 February | ₹10 | IPO GMP UP | ₹- | ₹15,000 |
| 11 February | ₹10 | IPO GMP UP | ₹- | ₹15,000 |
| 10 February | ₹10 | IPO GMP UP | ₹- | ₹15,000 |
| 8 February | ₹- | – | ₹- | ₹- |
LK Mehta Polymers IPO Lot Size & Investment Details
Retail investors can bid for a minimum of 1 lot (1,600 shares), while HNIs must apply for at least 2 lots (3,200 shares) or more in multiples of 1,600 shares.
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 1,13,600 |
| Retail (Max) | 1 | 1,600 | 1,13,600 |
| HNI (Min) | 2 | 3,200 | 2,27,200 |
LK Mehta Polymers IPO Financial Information (Restated) (₹ in Crores)
| Financial Metrics (₹ Cr) | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 11.87 | 10.49 | 7.20 | 8.23 |
| Revenue | 11.98 | 18.87 | 17.14 | 11.94 |
| Profit After Tax (PAT) | 0.42 | 0.86 | -0.01 | 0.04 |
| Net Worth | 3.74 | 3.02 | 2.16 | 2.17 |
| Reserves & Surplus | 0.94 | 2.39 | 1.54 | 1.54 |
| Total Borrowing | 6.69 | 6.48 | 3.90 | 4.39 |
- Steady Asset Growth – Increased from ₹7.20 Cr in March 2023 to ₹11.87 Cr by December 2024.
- Revenue Volatility – Revenue dipped from ₹18.87 Cr (March 2024) to ₹11.98 Cr (Dec 2024).
- Profitability Challenges – The company turned around from a minor loss (-₹0.01 Cr in March 2023) to ₹0.42 Cr profit by Dec 2024.
- Net Worth Growth – Increased from ₹2.16 Cr (March 2023) to ₹3.74 Cr (Dec 2024), showing financial strengthening.
- Rising Borrowings – Increased from ₹3.90 Cr (March 2023) to ₹6.69 Cr (Dec 2024), suggesting increased leverage.
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About LK Mehta Polymers Limited Company
L.K. Mehta Polymers is engaged in the trading and manufacturing of plastic products. The company’s portfolio includes ropes and twines, such as monofilament ropes, danline ropes, tape ropes, baler twines, and packaging twine (sutli). The company is also involved in trading and reprocessing raw materials like polypropylene and polyethylene granules for its customers.
- Founded in – 1995
- Managing Director – Mr. Kamlesh Mehta
What is the issue size of LK Mehta Polymers IPO?
The issue size of the LK Mehta Polymers IPO is 7380000.0
What is the allotment date for the LK Mehta Polymers IPO?
LK Mehta Polymers IPO allotment date is 18 Feb ’25. For LK Mehta Polymers IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of LK Mehta Polymers IPO?
For LK Mehta Polymers, the IPO registrar is BIGSHARE. You can check LK Mehta Polymers IPO allotment status on the website of the registrar.
Where is the LK Mehta Polymers IPO getting listed?
The shares are proposed to be listed on the BSE-SME.
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