L.K.Mehta Polymers SME IPO Details, Financials, Valuation & Peers
Explore L.K.Mehta Polymers IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Incorporated in 1995, L.K. Mehta Polymers Limited is engaged in the manufacturing and trading of plastic products, including ropes, twines, woven sack bags, and reprocessed plastic granules. Operating under the brand "Super Pack", it has built a strong reputation for quality and innovation. With expertise in plastic reprocessing, the company also trades in polypropylene (PP) and polyethylene (PE) granules, catering to diverse industries. Over the years, strategic expansion and continuous innovation have helped L.K. Mehta Polymers maintain a strong growth trajectory in the competitive plastics industry.
Key Points:
- Business Operations
- Manufactures and trades plastic products such as:
- Ropes: Monofilament ropes, danline ropes, tape ropes
- Twines: Baler twines, packaging twines (sutli)
- Woven sack bags (previously manufactured until 2022)
- Reprocessing and trading of polypropylene (PP) and polyethylene (PE) granules
- Sells products under the brand name "Super Pack"
- Manufactures and trades plastic products such as:
- Manufacturing Capabilities
- Advanced production process using extrusion, stretching, and coiling techniques
- Utilizes high-density polyethylene (HDPE), low-density polyethylene (LDPE), and polypropylene (PP) as raw materials
- Specialized processes for making ropes and twines, ensuring quality and durability
- Expansion & Growth
- Expanded operations in 2002 with a new production unit (fully operational by 2004)
- Successfully ran a woven sack bag and pipe manufacturing unit until 2022
- Continual innovation and product diversification to meet market demand
Objects of the Issue
- To Meet Incremental Working Capital Requirement
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 13 Feb - 17 Feb 2025 |
| IPO Price Band | ₹71 per share |
| Fresh Issue | 10,40,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹7.38 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 13 Feb 2025 |
| IPO Closing Date | 17 Feb 2025 |
| Basis Of Allotment | 18 Feb 2025 |
| Refunds | 19 Feb 2025 |
| Demat Transfer | 19 Feb 2025 |
| IPO Listing Date | 20 Feb 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Dec 2024 |
|---|---|---|---|---|
| Total Income | 11.94 | 17.14 | 18.87 | 11.98 |
| Total Expenses | 11.80 | 17.14 | 17.87 | 11.42 |
| Net Profit/Loss | 0.04 | -0.01 | 0.86 | 0.42 |
| NPM (*) | 0.36 | -0.05 | 4.71 | 3.52 |
| Total Assets | 8.23 | 7.20 | 10.49 | 11.87 |
| Total Liabilities | 6.06 | 5.04 | 7.48 | 8.13 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Dec 2024 |
|---|---|---|---|---|
| EPS | 0.16 | -0.03 | 3.42 | 1.49 |
| ROE (%) | 1.88 | -0.35 | 28.35 | 11.18 |
| ROCE (%) | 9.00 | 7.00 | 16.00 | 10.20 |
| D/E Ratio | 2.03 | 1.80 | 2.15 | 1.79 |
| Current Ratio | 1.74 | 2.38 | 1.75 | 1.78 |
| EBITDA MARGIN (%) | 1.86 | 0.81 | 5.58 | 8.68 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 42.88 |
| Retail Individual Investor (RII) | 46.25 |
| Total | 44.57 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. KAMLESH MEHTA AND RINA MEHTA
Lead Managers
- SWASTIKA INVESTMART LIMITED
Company Address
L.K.Mehta Polymers Limited
1103/2, Mhow-Neemuch Road, Ratlam, Madhya Pradesh, India, 457001
Phone: +91-9669903095
Email: cs@lkmehtapolymersltd.com
Website: https://lkmehtapolymersltd.com/
FAQs
- What is the issue size of the L.K.Mehta Polymers SME IPO?The L.K.Mehta Polymers SME IPO has an issue size of ₹7.38 crore. This includes a fresh issue of 10,40,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the L.K.Mehta Polymers IPO?The price band for the L.K.Mehta Polymers IPO is ₹71 per share.
- What are the bidding dates for the L.K.Mehta Polymers IPO?The L.K.Mehta Polymers IPO will open for bidding on 13 Feb 2025 and close on 17 Feb 2025.
- What is the allotment date for the L.K.Mehta Polymers IPO?The allotment date for the L.K.Mehta Polymers IPO is 18 Feb 2025.
- What is the minimum lot size and investment required for the L.K.Mehta Polymers IPO?The minimum lot size for the L.K.Mehta Polymers IPO is 1600 shares and the minimum investment required is ₹1,13,600.
- What is the listing date for the L.K.Mehta Polymers IPO?The listing date for the L.K.Mehta Polymers IPO is 20 Feb 2025.
- What is the L.K.Mehta Polymers IPO grey market premium?The grey market premium (GMP) for the L.K.Mehta Polymers IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.