L.K. Mehta Polymers IPO GMP Live, Open Date, Close Date, Price Band

  • 10-Feb-2025
  • 2 mins read
L.K. Mehta Polymers IPO

L.K. Mehta Polymers IPO GMP Live, Open Date, Close Date, Price Band

L.K. Mehta Polymers IPO open date is from February 13, 2025 to February 17, 2025. This new IPO is a fixed price issue worth up to Rs 7.38 crores. This upcoming IPO is offering entirely a fresh issue of up to 10.40 lakh equity shares; there are no offers for sale part included in this IPO. 

L.K. Mehta Polymers IPO price band is Rs 71 per share. As of now, the L.K. Mehta Polymers IPO live GMP is at 0, indicating a neutral sentiment among investors for this IPO.

L.K. Mehta Polymers IPO lot size is 1600 shares, and the allotment status will be finalised on Tuesday, February 18, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,13,600. The registrar for L.K. Mehta Polymers IPO is Bigshare Services Private Limited. The listing date is Thursday, February 20, 2025.

Also Read | Ajax Engineering IPO GMP, Open Date, Allotment Status

L.K. Mehta Polymers IPO GMP Live

L.K. Mehta Polymers IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be same as Rs 71 per share as it shows neutral sentiment among investors. You can check the latest IPO Grey Market Premium today online.

L.K. Mehta Polymers IPO Price Band

L.K. Mehta Polymers IPO price band is Rs 71 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,13,600 (71 x 1600 shares). However, for the HNI category, the minimum investment amount required is 2,27,200 (71 x 3200 shares).

L.K. Mehta Polymers Allotment Status

L.K. Mehta Polymers IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Tuesday, February 18, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

L.K. Mehta Polymers Listing Date

L.K. Mehta Polymers IPO listing date has been decided on Thursday, February 20, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

L.K. Mehta Polymers IPO: Listing Date, Lot Size, Issue Size, Price Band

IPO Date

February 12, 2025 to February 14, 2025

Listing Date

Wednesday, February 19, 2025

Face Value

Rs 10 per share

Price Band

Rs 71 per share

Lot Size

1,600 Shares

Total Issue Size

30,00,000 shares
(aggregating up to Rs 7.38.00 Cr)

Fresh Issue

30,00,000 shares
(aggregating up to Rs 7.38.00 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE SME

Share Holding Pre Issue

81,43,57.38 shares

Share Holding Post Issue

1,11,43,57.38 shares

Market Maker Portion

2,12,800 shares
Wiinance Financial Services Private Limited

L.K. Mehta Polymers IPO: About the Company

lkmehtapolymersltd.com

L.K. Mehta Polymers Limited, established in 1995 in Ratlam, Madhya Pradesh, India, specialises in the manufacturing and export of a variety of plastic products, including Plastic Sutli, Plastic Rope, and PP Rope. Holding an ISO 9001:2015 certification, the company demonstrates its commitment to quality management.

L.K. Mehta Polymers focuses on manufacturing and trading plastic ropes, twine, and granules, which are exported primarily to Saudi countries. With Mr. Soraj Mehta as its mentor, the company emphasises cost-effectiveness, timely delivery, premium quality, and ethical business policies. The company operates with a sophisticated infrastructure and a team of experienced professionals. Their product portfolio includes well-known brands such as Super Pack, Zed Black, and Bul Bul.

L.K. Mehta Polymers IPO Objectives

L.K. Mehta Polymers' IPO objectives include utilising the funding received from the fresh issue in to meet incremental working capital requirements into general corporate purposes and further IPO issue expenses.

L.K. Mehta Polymers IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Thursday, February 13, 2025

IPO Close Date

Monday, February 17, 2025

Basis of Allotment

Tuesday, February 18, 2025

Initiation of Refunds

Wednesday, February 19, 2025

Credit of Shares to Demat

Wednesday, February 19, 2025

Listing Date

Thursday, February 20, 2025

Cut-off time for UPI mandate confirmation

5 PM on February 17, 2025

L.K. Mehta Polymers IPO Lot Size Details

L.K. Mehta Polymers IPO lot size is set at 1600 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,13,600 (71 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,27,200 (71 x 3200 shares).

L.K. Mehta Polymers IPO Promoter Holdings

L.K. Mehta Polymers IPO promoter are Mr. Kamlesh Mehta and Rina Mehta. The promoter's combined shareholdings before the IPO was 100%; however, post-IPO, their shareholdings will decline to 72.92%.

L.K. Mehta Polymers Commerce Limited Financials (Amt in cr)

Period Ended

30 Jun 2024

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

11.76

10.49

7.2

8.23

Revenue

4.01

18.87

17.14

11.94

Profit After Tax

0.21

0.86

-0.01

0.04

Net Worth

3.53

3.02

2.16

2.17

Reserves and Surplus

0.73

2.39

1.54

1.54

Total Borrowing

6.72

6.48

3.9

4.39

Lead Manager and Registrar of L.K. Mehta Polymers IPO

L.K. Mehta Polymers PO lead manager is Swastika Investmart Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the L.K. Mehta Polymers IPO

Interested investors who want to apply to the L.K. Mehta Polymers IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

L.K. Mehta Polymers IPO FAQs

1. What are the core details available of the L.K. Mehta Polymers IPO?

L.K. Mehta Polymers IPO is a fixed price issue worth up to Rs 7.38 crores. The price band for this IPO is Rs 71 per share. This upcoming IPO is offering entirely a fresh issue of up to 10.40 lakh equity shares.

2. What is the L.K. Mehta Polymers IPO open date and close date?

L.K. Mehta Polymers IPO subscription opens on Thursday, February 13, 2025, and closes on Monday, February 17, 2025.

3. What is L.K. Mehta Polymers IPO GMP Live?

L.K. Mehta Polymers IPO GMP is at Rs 0 indicating mid bullish sentiment among investors. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 101 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

L.K. Mehta Polymers IPO Allotment status is available on its registrar, Bigshare Services Private Limited website on the Listing date Thursday, February 20, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of L.K. Mehta Polymers IPO?

L.K. Mehta Polymers IPO lead manager is Swastika Investmart Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

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