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LK Mehta Polymers Ltd.

Plastic Products

IPO Details
  • Issue Type Fixed Price
  • Price range
  • Market Lot 1600
  • Total Equity Shares 1040000
  • Face Value Rs. 10
  • Listing Date Feb 21, 2025
IPO Timeline
Opening date Feb 13, 2025
Closing date Feb 17, 2025
Listing Date Feb 21, 2025

IPO Details

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 widerange 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 andpolyethylene granules for our various customers. A significant milestone was reached in 2002 with the expansion of itsoperations with the establishment of a new production unit, the actual working of the unit was started by our companyin 2004, focusing on woven sack bags and pipes. This strategic decision not only broadened the company's productrange but also solidified its presence in the industry. Despite initial challenges with the availability of a high-powerelectricity line at its location, the company demonstrated remarkable resilience by successfully operating the unit until2022. In 2022, the unit was transferred afterwards. Through continuous innovation and a relentless pursuit ofexcellence, our company navigated through challenges and emerged strong, maintaining its growth trajectory.

Projects

1. Project Name: To Meet Incremental Working Capital Requirement

Project Cost: 172.082

2. Project Name: General Corporate Purpose

Project Cost: 13.44

3. Project Name: To Public Issue Expenses

Project Cost: 7

Promoters

Prmoters Name

1. Kamlesh Mehta

2. Rina Mehta

Prmoters Holdings
  • Pre Share Capital: 2800000
  • Pre Promoter Holding: 100
  • Offer to Public: 1040000
  • Post Share Capital: 2800000
  • Post Promoter Holding: 72.92

Registrar

Registrar Name:Bigshare Services Pvt Ltd
Phone: 91-022-40430200
Email: Investor@bigshareonline.com
Website:

Lead Managers

  • Swastika Investmart Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3063
Total Equity 1040000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 0
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 0
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 0
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 21187200
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 128000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 21033600
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 25600
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 22793600
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 6875200
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 15918400
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 43980800
Total 0.00