L.K. Mehta Polymers Limited (BSE SME)
Feb 13, 2025 - Feb 17, 2025
| Price | ₹71 - ₹71 |
| Premium | ₹5 |
|---|---|
| Lot size | 1600 |
| Allotment | Feb 18, 2025 |
| Listing | Feb 21, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 113600 | 308 |
| HNI | 2 | 3200 | 227200 | 308 |
Last updated on 17-Feb-2025 18:14:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 492800 | 21187200 | 42.99 |
| Retail | 492800 | 22793600 | 46.25 |
| Total | 985600 | 43980800 | 44.62 |
| Total Applications: 25077 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹4.1 | @8% ₹4.7 | @9% ₹5.3 | @10% ₹5.9 | @11% ₹6.4 | @12% ₹7 |
IPO Reservation
| Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.3% | 492800 |
| Other | 47.3% | 492800 |
| Market Maker | 5% | 54400 |
| Total No. of Shares | 100.0% | 1040000 |
L.K. Mehta Polymers IPO Details
| Issue Size | 10,40,000 shares (aggregating up to ₹7.38 Cr) |
| Fresh Issue | 10,40,000 shares (aggregating up to ₹ 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's portion | 54,400 shares |
| Market Maker | Swastika Investment |
Key Performance Indicator
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 11.18% | 28.35% | -0.35% |
| ROCE | 10.20% | 16.00% | 7.00% |
| RONW | 11.18% | 28.35% | -0.35% |
| D/E | 1.8 | 2.2 | 1.8 |
| EPS (basic) | 1.49 | 3.42 | -0.03 |
| P/E Pre IPO | 41.04 | ||
| P/E post IPO | 48.95 |
Company Financials in Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 11.87 | 10.49 | 7.20 | 8.23 |
| Revenue | 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 |
About Company
L.K. Mehta Polymers Limited, incorporated in 1995, is engaged in the trading and manufacturing of plastic products, including ropes, twines, and granules. The company also trades and reprocesses raw materials like polypropylene and polyethylene granules for various customers. It sells its products under the brand name "Super Pack," emphasizing superior quality and strong customer relationships. The company's product portfolio includes Monofilament Ropes, Danline Ropes, and Tape Ropes, used in industries such as transportation, agriculture, packaging, shipping, mining, and heavy machinery transport. It also offers Baler Twine and Packaging Twine (Sutli), catering to agriculture, harvesting, stationery, handicrafts, consumer goods packaging, and household use. Additionally, it supplies polyethylene and polypropylene granules for plastic product manufacturing and reprocessing. L.K. Mehta Polymers follows stringent quality control measures to ensure timely deliveries with minimal errors, reinforcing its commitment to consistent service and customer loyalty. As of January 25, 2025, the company employs 21 full-time employees.
Experienced Promoters – Led by industry veterans with decades of expertise in plastic trading and manufacturing.
Generational Management – A family-driven business ensuring stability, long-term vision, and strong industry relationships.
Quality Service – Strict quality control and efficient delivery systems, fostering customer loyalty and trust.
Customer Concentration Risk – Dependence on a few key customers; losing any major client could impact revenue and profitability.
Geographical Risk – Business operations rely on a few states; any downturn in these regions may affect growth.
Supplier Dependency – Reliance on limited suppliers for raw materials; disruptions could impact production and operations.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html