₹ 113600
₹71- ₹71
1600
₹72
1
17 Feb 2025
Download19 Feb 2025
20 Feb 2025
Application Details
L.K. Mehta Polymers Limited is launching its IPO from February 13, 2025, to February 17, 2025. The issue is a fixed-price IPO with a face value of ₹10 per share and an issue price of ₹71 per share. The lot size is 1,600 shares, and the total issue size comprises 10,40,000 shares, aggregating up to ₹7.38 crore. The entire offering consists of a fresh issue of 10,40,000 shares. The IPO will be listed on the BSE SME platform.
The tentative timeline for the IPO begins with the opening on February 13, 2025, and closing on February 17, 2025. The allotment is expected to be finalized on February 18, 2025, with the initiation of refunds on February 19, 2025. Shares are expected to be credited to demat accounts on February 20, 2025, and the tentative listing date is February 21, 2025.
For retail investors, the minimum application size is one lot (1,600 shares) amounting to ₹1,13,600, while High Net-worth Individuals (HNI) must apply for at least two lots (3,200 shares) with an investment of ₹2,27,200.
About L.K. Mehta Polymers Limited (SME IPO)
Incorporated in 1995, L.K. Mehta Polymers Limited is engaged in the trading and manufacturing of plastic products. The company also deals in the trading and reprocessing of basic raw materials such as polypropylene and polyethylene granules for various customers.
L.K. Mehta Polymers markets its products under the brand name "Super Pack," emphasizing superior quality and long-term customer relationships. The company follows stringent systems to ensure timely delivery and minimal errors, implementing thorough order checks at every stage to maintain consistent service and customer loyalty.
Its product portfolio includes a diverse range of plastic solutions. The company manufactures ropes such as monofilament ropes, danline ropes, and tape ropes, which are used in transportation, agriculture, and packaging, as well as high-risk industries like shipping, mining, and heavy machinery transport. It also offers twines, including baler twine and packaging twine (sutli), which are widely used in agriculture, harvesting, handicrafts, retail packaging, and household applications. Additionally, the company supplies polyethylene and polypropylene granules for reprocessing and plastic manufacturing.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.