L.K. Mehta Polymers BSE SME

L.K. Mehta Polymers SME: Check IPO Date, Live Subscription and Key Details

L.K. Mehta Polymers Limited, established in 1995, trades and manufactures plastic products. It also deals in reprocessing raw materials like polypropylene and polyethylene granules for various customers. The company sells its products under the brand name Super Pack, focusing on quality and strong customer relationships.

Min Investment
₹113600
Price Range
₹71.00
Issue Size
₹7.38 Cr
IPO Type
BSE SME

Key Metrics

Face Value
₹10
EPS
1.45
P/E Ratio
48.95
RoNW
28.35%
ROE
28.35%
Debt to Equity
2.15

Timeline

IPO Opens

13 Feb

IPO Closes

17 Feb

Allotment

18 Feb

Listing

21 Feb

IPO Objectives

  • To Meet Incremental Working Capital Requirement
  • General Corporate Purposes

Strengths

  • Experienced leadership with strong industry expertise.
  • Loyal customer base with repeat business.
  • Well-known Super Pack brand for quality products.
  • Reliable delivery system ensuring minimal errors.
  • Wide range of products serving different industries.

Weaknesses

  • Small operations restrict business expansion.
  • Profits affected by changing raw material prices.
  • Tough competition from bigger companies.
  • Brand not widely known outside current customers.
  • Limited workforce with only 21 employees.

Financial Performance

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets (₹ Cr.)11.8710.497.28.23
Revenue (₹ Cr.)11.9818.8717.1411.94
PAT (₹ Cr.)0.420.86-0.010.04
Net Worth (₹ Cr.)3.743.022.162.17

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

DateDay 1Day 2Day 3
NII4.95x5.74x42.84x
RII6.31x11.87x46.17x
Total5.63x8.81x44.50x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
NII4,92,8002,11,10,400149.88
RII4,92,8002,27,50,400161.53
Total9,85,6014,38,60,800311.41

Company Details

Registrar Details