L.K.Mehta Polymers Ltd

L.K.Mehta Polymers Ltd IPO

IPO Price Range: ₹71 - 71

Our company is actively involved in the trading and manufacturing of comprehensive array of Plastic products, addressing the diverse needs of our discerning customers. Our product line is specifically designed to encompass a wide range of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, packaging twine (sutli).

Min Investment

₹1,13,600

IPO Size

₹7 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of L.K.Mehta Polymers Ltd

passed
Open Date13 Feb 2025
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Close Date17 Feb 2025
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Allotment Date18 Feb 2025
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Listing Date20 Feb 2025

IPO subscribed over

🚀 42.2892x

This IPO has been subscribed by 46.2533x in retail and 0x in QIB.

Subscription Rate

Total Subscription42.2892x
Retail Individual Investors46.2533x
Qualified Institutional Buyers0x
Non Institutional Investors42.9935x

Key Statistics

Bid Opening DateBid Opening Date13 Feb 2025
Bid Closing DateBid Closing Date17 Feb 2025
Allotment DateAllotment Date18 Feb 2025
Issue SizeIssue Size₹7.38Cr
Quantity in 1 lotQuantity in 1 lot1600

Strengths and Risks of L.K.Mehta Polymers Ltd IPO

Strengths

Strengths

  • Experienced Promoters.

  • Generational Management.

  • Quality Service.

  • High Level of Customer Satisfaction.

  • Existing Client Relationship.


Risks

Risks

  • Our Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability.

  • Our Company is dependent on few States. Loss of any of this large States may affect our business operations.

  • Our Company is dependent on a few suppliers for purchase of product. Loss of any of these large suppliers may affect our business operations.

  • Our business is dependent on our manufacturing facility. The loss of or shutdown of operations of our manufacturing facility may have a material adverse effect on our business, financial condition and results of operations.

  • Some part of our revenue from operation is generated from sale of Gold and related products.

  • Our Company has not entered into any agreements/ contracts for the supply of raw material and other utilities. Risks related to shortfall or non-availability of raw material and other utilities may adversely affect our manufacturing processes and have an adverse impact on our operations and financial condition.

  • We will continue to be controlled by our Promoters after the completion of the Issue.

  • Our Company, Promoters, Directors and Group Companies are involved in certain legal proceedings. Any adverse decision in such proceedings may render us/them liable to liabilities/penalties and may adversely affect our business and results of operations.

  • Our lenders have charge over our movable and immovable properties in respect of finance availed by us and our group company, Promoters, Directors and member of Promoters and Promoter Group have provided their personal guarantee for such debt facility availed by us.

  • Our Companys some part of the sales are dependent on some of the Related Parties. Loss of any of this Related Parties Transaction it may affect our revenues and profitability.

Promoters Holding

Investors Holdings %
Kamlesh Mehta81.1%
Rina Mehta8.66%
Kamlesh Mehta HUF9.74%
Ashi Mehta0.25%
Dollchi Mehta0.22%

Frequently Asked Questions of L.K.Mehta Polymers Ltd IPO

  • What is the size of the L.K.Mehta Polymers Ltd IPO?

    The size of the L.K.Mehta Polymers Ltd IPO is ₹7.38Cr .

  • What is 'pre-apply' for L.K.Mehta Polymers Ltd IPO?

    'Pre-apply' for L.K.Mehta Polymers Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my L.K.Mehta Polymers Ltd IPO order be placed?

    Your L.K.Mehta Polymers Ltd IPO order will be placed on 13 Feb 2025.

  • What are the open and close dates of the L.K.Mehta Polymers Ltd IPO?

    The open and close dates of the L.K.Mehta Polymers Ltd IPO are 13 Feb 2025 to 17 Feb 2025.

  • What is the lot size and minimum order quantity of the L.K.Mehta Polymers Ltd IPO?

    The lot size and minimum order quantity of the L.K.Mehta Polymers Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the L.K.Mehta Polymers Ltd IPO?

    The potential listing gains on the L.K.Mehta Polymers Ltd IPO will depend on various market factors and cannot be predicted with certainty.