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L.K. Mehta Polymers IPO
Price Band
₹
Issue Size
₹7.38 Cr
Lot Size
1,600 shares
Min Investment
₹113,600
GMP
+₹5.0 (7.04%)
Issue Price
₹71.0
Subject to Sauda
₹6100
Paid only if allotted
L.K. Mehta Polymers IPO AI Summary
- L.K. Mehta Polymers IPO is listed on BSE SME.
- Subscription window: 13 Feb–17 Feb 2025, listing on 21 Feb 2025.
- Current GMP is +₹5.0 (7.04%) — unofficial and can change daily.
L.K. Mehta Polymers Limited is a company engaged in the trading and manufacturing of plastic products. The IPO aims to raise ₹7.38 Cr, with a focus on working capital and corporate purposes. Investors should consider the company's financial performance and market conditions before making investment decisions.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
L.K. Mehta Polymers IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 17 Feb 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
L.K. Mehta Polymers IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+7.04%
Est. Listing
₹76.0
Updated: 25 Jul 2026 14:30
About the Company
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
Company Financials (₹ Cr)
As of 2024-12-31
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 11.87 | 10.49 | 7.20 | 8.23 |
| Total Income | 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 |
Key Ratios
EPS
₹3.06
NAV
₹12.07
ROE
28.35%
ROCE
16%
RoNW
28.35%
P/B Value
5.88
P/E Ratio
41.04
Market Cap
₹27.26 Cr
PAT Margin
4.71%
Debt/Equity
2.15
Promoters
Kamlesh Mehta and Rina Mehta
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To Meet Incremental Working Capital Requirement 5.34 2 General Corporate Purposes 1.34 3 To Public Issue Expenses 0.70 Total 7.38
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹11.94 Cr for the period ending 31 Mar 2022, increasing to ₹17.14 Cr by 31 Mar 2023. It then rose to ₹18.87 Cr by 31 Mar 2024, before falling to ₹11.98 Cr in the most recent period ending 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
The profit after tax was ₹0.04 Cr for the period ending 31 Mar 2022, which slightly increased to ₹-0.01 Cr by 31 Mar 2023. It then improved to ₹0.86 Cr by 31 Mar 2024, before decreasing to ₹0.42 Cr in the most recent period ending 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the demand for the shares in the unofficial market before they are listed on the stock exchange. A positive GMP suggests that the shares are expected to list at a premium to the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall portfolio strategy and risk tolerance. It is important to consider the company's fundamentals and market conditions before making an investment decision.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, as it may involve higher volatility and uncertainty associated with smaller firms in the manufacturing sector.
IPO Timeline, Explained
The IPO opens for subscription on February 13, 2025, and closes on February 17, 2025. Allotment of shares will be done on February 18, 2025, and the shares are expected to be listed on the stock exchange on February 21, 2025.
Listing Gains — The Risk
Listing gains refer to the profit made by investors when shares of an IPO are listed at a price higher than the issue price on the stock exchange. However, these gains are not guaranteed, and the stock may experience volatility on its listing day. Investors should be aware of the risks involved and should not rely solely on listing gains as a reason to invest.
This evaluation is generated from L.K. Mehta Polymers's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is L.K. Mehta Polymers IPO GMP today?
L.K. Mehta Polymers IPO GMP today is +₹5.0 (7.04%). GMP is an unofficial grey-market indicator and can change daily.
When does L.K. Mehta Polymers IPO open and close?
L.K. Mehta Polymers IPO opens on 13 February 2025 and closes on 17 February 2025.
When does L.K. Mehta Polymers IPO list on the stock exchange?
L.K. Mehta Polymers IPO listed on 21 February 2025 at ₹76.0.
What is the lot size for L.K. Mehta Polymers IPO?
The lot size for L.K. Mehta Polymers IPO is 1600 shares, requiring a minimum investment of ₹113,600.
What is the issue price of L.K. Mehta Polymers IPO?
The issue price of L.K. Mehta Polymers IPO is ₹71.0.
What is the minimum investment required?
The minimum investment required is ₹113,600.0.
What is the lot size for the IPO?
The lot size for the IPO is 1600 shares.
When is the listing date for the IPO?
The listing date for the IPO is February 21, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the shares may list on the stock exchange.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
13 Feb 2025
Close
17 Feb 2025
Allotment
18 Feb 2025
Listing
21 Feb 2025
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