L.K. Mehta Polymers IPO will be open for subscription from February 13, 2025, to February 17, 2025. This IPO, being a Fixed Price Issue, aims to raise ₹7.38 crores, with the entire amount coming from a fresh issue, and an offer for sale involving [.] equity shares at a face value of ₹10 per share. The share price is fixed at ₹71 per share, with the allocation being 50% for retail investors and 50% for HNIs. L.K. Mehta Polymers will be listed on the BSE on February 21, 2025, and the allotment date is set for February 18, 2025. In the fiscal year 2024, the company generated ₹18.87 crores in revenue and made a profit of ₹0.86 crores. Considering the financials, this IPO could be a good long-term investment opportunity.
L.K. Mehta Polymers IPO Details
Field
Value
est listing
76 (7.04%)
gain percentage
0.14%
gmp
5
ipo size
₹7.38 Cr
ipo title
L.K. Mehta Polymers BSE SME
price
71
status
Listed
subscription
44.57x
L.K. Mehta Polymers IPO Dates
Field
Value
boa dt
18-Feb
close
17-Feb
listing
21-Feb
lot
1,600
open
13-Feb
L.K. Mehta Polymers IPO Financial Report
The company achieved a revenue of ₹18.87 crores in 2024. In 2024, the company posted a profit of ₹0.86 crores.
Financial Year
2022
2023
2024
December 2024
Revenue
₹11.94
₹17.14
₹18.87
₹11.98
Expense
₹11.80
₹17.14
₹17.87
₹11.42
Profit
₹0.04
₹0.01
₹0.86
₹0.42
Total Assets
₹8.23
₹7.2
₹10.49
₹11.87
About L.K. Mehta Polymers IPO
L.K Mehta is a well-known manufacturer and seller of plastic products, focusing on customer satisfaction and efficient distribution. The company specializes in Plastic Rope, Twine, and Granules, along with reprocessing and trading of raw materials. Founded in 1995 in Madhya Pradesh, India, L.K. Mehta has 29 years of experience and operates across 20 Indian states, serving 500+ trusted customers. Products are sold under the brand name 'Super Pack', known for timely delivery and a complete range of services.
