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L.K. Mehta Polymers IPO is a fixed-price issue worth ₹7.38 crores, consisting of a fresh issue of 10.40 lakh shares.
The IPO will be open for subscription from February 13, 2025, to February 17, 2025, with allotments expected to be finalized on February 18, 2025. The listing date on BSE SME is tentatively set for February 20, 2025.
Priced at ₹71 per share, the minimum lot size for retail investors is 1,600 shares, requiring a minimum investment of ₹1,13,600. For HNI investors, the minimum lot size is 3,200 shares (2 lots), totalling ₹2,27,200.
For detailed insights, real-time updates on IPO GMP, subscription status, and allotment details, investors can refer to trusted platforms like IPO Watch, BSE IPO allotment, or the L.K. Mehta Polymers Limited IPO Red Herring Prospectus (RHP). Staying updated on these crucial aspects helps investors make informed decisions about this IPO.
| IPO Date | February 13, 2025 to February 17, 2025 |
| Listing Date | February 13 |
| Face Value | ₹10 per share |
| Price | ₹71 per share |
| Lot Size | 1,600 Shares |
| Total 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 |
| IPO Open Date | Thursday, February 13, 2025 |
| IPO Close Date | Monday, February 17, 2025 |
| Basis of Allotment | Tuesday, February 18, 2025 |
| Initiation of Refunds | Wednesday, February 19, 2025 |
| Credit of Shares to Demat | Wednesday, February 19, 2025 |
| Listing Date | The credit of Shares to Demat |
| Cut-off time for UPI mandate confirmation | 5 PM on February 17, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,13,600 |
| Retail (Max) | 1 | 1600 | ₹1,13,600 |
| HNI (Min) | 2 | 3,200 | ₹2,27,200 |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 11.76 | 10.49 | 7.2 | 8.23 |
| Revenue | 4.01 | 18.87 | 17.14 | 11.94 |
| Profit After Tax | 0.21 | 0.86 | -0.01 | 0.04 |
| Net Worth | 3.53 | 3.02 | 2.16 | 2.17 |
| Reserves and Surplus | 0.73 | 2.39 | 1.54 | 1.54 |
| Total Borrowing | 6.72 | 6.48 | 3.9 | 4.39 |
Maximizing Opportunities with L.K. Mehta Polymers Limited IPO
L.K. Mehta Polymers Limited IPO presents an exciting opportunity for investors to participate in the company’s growth. With a fixed price of ₹71 per share and a minimum lot size of 1,600 shares, the IPO is set to be listed on BSE SME, offering potential value. Investors should closely monitor subscription status, allotment details, and GMP trends through reliable sources before making investment decisions. Keeping track of market sentiment and financial insights can help in assessing the profitability and risks associated with this IPO. Stay informed and make a well-researched investment.
