L.K.Mehta Polymers Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 478,400 (46%) | — | ₹340 Cr |
| Retail | — | 507,200 (49% | — | ₹360 Cr |
| Market Maker | — | 54,400 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,040,000 (100%) | — | ₹7,384 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹113,600 |
| Retail (Max) | 13 | 20,800 | ₹1,476,800 |
| S-HNI (Min) | 14 | 22,400 | ₹1,590,400 |
| B-HNI (Min) | 67 | 107,200 | ₹7,611,200 |
Financial Statements Amount in ₹ Crores
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 12 | 19 | 17 |
| Profit After Tax | 0 | 1 | 0 |
| Net Worth | 4 | 3 | 2 |
| Total Assets | 12 | 10 | 7 |
| Reserves & Surplus | 1 | 2 | 2 |
| Total Borrowing | 7 | 6 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Incremental Working Capital Requirement –
- General Corporate Purpose –
Company Overview
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 Strength:
- Experienced Promoters
- Generational Management
- Quality Service
- High Level of Customer Satisfaction
- Existing Client Relationship