L.K. Mehta Polymers
IPO Timeline
Issue open date
13 Feb 2025Issue close date
17 Feb 2025UPI mandate deadline
17 Feb 2025Allotment finalization
19 Feb 2025Refund initiation
20 Feb 2025Share credit
20 Feb 2025Listing date
21 Feb 2025Mandate end date
4 Mar 2025Lock-in end date for anchor investors (50%)
20 Mar 2025Lock-in end date for anchor investors (remaining)
19 May 2025Key Dates
Quick Stats
About the Company
L.K. Mehta Polymers, initially incorporated on January 2, 1995, as a public limited company under the Companies Act, 1956, took over the proprietorship business “M/s. Sajjan Plastic Industries” run by Suresh Kumar Mehta. Promoted by Kamlesh Mehta HUF and relatives, the company quickly made its mark in the plastic industry by producing and trading a variety of plastic products, including ropes, twines, and granules. Over the years, it expanded its product line to include polypropylene and polyethylene granules, woven sack bags, and pipes, overcoming challenges like electricity supply issues to enhance its manufacturing capabilities. With its products branded under “Super Pack,” L.K. Mehta Polymers has committed to quality and customer satisfaction, distinguishing itself in a competitive market.
Strengths
- Established brand “Super Pack” enhancing market visibility and customer loyalty.
- Diverse product range including ropes, twines, and granules catering to varied customer needs.
- Strategic expansion in 2004 diversified product line into woven sack bags and pipes.
- Consistent innovation leading to sustained industry presence and competitive edge.
- Robust trading and manufacturing operations supporting comprehensive plastic product offerings.
Risks
- High dependency on a limited number of customers could impact revenue stability.
- Concentrated sales in five Indian states, posing geographical market risks.
- Reliance on key suppliers may affect operational continuity if relationships are disrupted.
- Potential regulatory changes could impact business operations and compliance costs.
- Financial risks associated with high leverage and repayment obligations impacting liquidity.
L.K. Mehta Polymers IPO – Frequently Asked Questions
- The price band for the L.K. Mehta Polymers IPO is set at ₹71 to ₹71 per share.
- The L.K. Mehta Polymers IPO opens on February 13, 2025 and closes on February 17, 2025.
- The tentative listing date for the L.K. Mehta Polymers IPO is February 21, 2025.
- You can apply for the L.K. Mehta Polymers IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose L.K. Mehta Polymers, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the L.K. Mehta Polymers IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).