L.K. Mehta Polymers Ltd. IPO
IPO Timeline
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13 Feb 2025Bidding Starts
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17 Feb 2025Bidding Ends
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18 Feb 2025Allotment Finalization
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20 Feb 2025Listing
About L.K. Mehta Polymers Ltd.
Our Company was originally incorporated as Public Limited, under the Companies Act, 1956 (“Companies Act”) in the name and style of “L.K.Mehta Polymers Limited” on January 02nd, 1995 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gwalior, Madhya Pradesh with a object to acquire and takeover the existing proprietorship business of a sole proprietorship as going concern carried by Suresh Kumar Mehta in the name and style as “M/s. Sajjan Plastic Industries” on 04th of April, 1995.
Our Company was promoted by Kamlesh Mehta HUF along with their relatives. Our Company was incorporated on January 02, 1995, and over the years, swiftly establishing itself as a beacon of innovation and quality in the industry. With an initial product range encompassing ropes, twines and granules.
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).
L.K. Mehta Polymers Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 54,400 (9.94%) |
| Non Institutional Investors | 4,92,800 (90.06%) |
| Retail Individual Investors (RIIs) | 4,92,800 (90.06%) |
L.K. Mehta Polymers Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 19.16 Cr | 60.43 Lakh | 7.05 Cr |
| 31 Mar 2024 | 18.87 Cr | 85.56 Lakh | 2.39 Cr |
| 31 Mar 2023 | 17.14 Cr | -76,000 | 1.54 Cr |
L.K. Mehta Polymers Ltd. Background
Our Company was originally incorporated as Public Limited, under the Companies Act, 1956 (“Companies Act”) in the
name and style of “L.K.Mehta Polymers Limited” on January 02nd, 1995 under the provisions of the Companies Act,
1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gwalior, Madhya Pradesh with a object to acquire and takeover the existing proprietorship business of a sole proprietorship as going concern carried by Suresh Kumar Mehta in the name and style as “M/s. Sajjan Plastic Industries” on 04th of April, 1995.
Our Company was promoted by Kamlesh Mehta HUF along with their relatives. Our Company was incorporated on January 02, 1995, and over the years, swiftly establishing itself as a beacon of innovation and quality in the industry. With an initial product range encompassing ropes, twines and granules.
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). We are also engaged in trading and reprocessing of basic raw materials like polypropylene granules and polyethylene granules for our various customers. A significant milestone was reached in 2002 with the expansion of its operations with the establishment of a new production unit, the actual working of the unit was started by our company in 2004, focusing on woven sack bags and pipes. This strategic decision not only broadened the company's product range but also solidified its presence in the industry. Despite initial challenges with the availability of a high-power electricity line at its location, the company demonstrated remarkable resilience by successfully operating the unit until 2022. In 2022, the unit was transferred afterwards. Through continuous innovation and a relentless pursuit of excellence, our company navigated through challenges and emerged strong, maintaining its growth trajectory.
Our company sells the products under the brand name of “Super Pack”, establishment of its brand “SuperPack” served as a testament to the company's commitment to delivering superior quality and building enduring relationships with customers. This brand identity not only resonated with consumers but also distinguished L.K.Mehta Polymers Limited from its competitors. Our Company based on its experience and its standards, conforms to major specifications and customer requirements.
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1995Incorporation of our company viz. “L.K.Mehta Polymers Limited”.
Acquisition of business of “Sajjan Plastic” sole proprietorship as going concern carried by Suresh Kumar Mehta through the business purchase agreement dated 04th April, 1995.
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2004Expansion of its operations with the establishment of a new production unit.
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2022Half of the part of the Unite 2 was sold i.e. 6,800 Sq. ft.
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2023Half of the part of the Unite 2 was sold i.e. 6,800 Sq. ft.
1. To Meet the Working Capital Requirement
2. General Corporate Purpose
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 71.00 | - |
| Open | ₹ 71.10 | - |
| Low | ₹ 67.54 | - |
| High | ₹ 71.10 | - |
| Last Trade | ₹ 68.29 | - |
1. Mr. Kamlesh Mehta
2. Mrs. Rina Mehta
India Rope Market registered a growth of 0.24% in value shipments in 2022 as compared to 2021 and an increase of 10.51% CAGR in 2022 over a period of 2017. In Rope Market India is becoming less competitive as HHI index in 2022 was 1566 while in 2017 it was 1122. Herfindahl Index measures the ... Read more
Phone no:9669903095
FAQs
When does L.K. Mehta Polymers Ltd. IPO opens and closes?
L.K. Mehta Polymers Ltd. IPO opens from 13th February to 17th February 2025.What is the size of L.K. Mehta Polymers Ltd. IPO?
The size of the L.K. Mehta Polymers Ltd. IPO is ₹3.89 Cr.What is the minimum investment and lot size required for the L.K. Mehta Polymers Ltd. IPO?
The minimum investment required is ₹1,13,600 and minimum lot size is 1600 shares.When is L.K. Mehta Polymers Ltd. IPO listing date?
The L.K. Mehta Polymers Ltd. IPO will be listed on 20th February 2025.What is the objective of L.K. Mehta Polymers Ltd. IPO?
1. To Meet the Working Capital Requirement2. General Corporate Purpose
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