L.K. Mehta Polymers Limited IPO

Apply 0
Avoid 0

L.K. Mehta Polymers Limited offers a diverse range of plastic products to meet the varying needs of its customers. The company’s product line includes:

i. Ropes and Twines: Monofilament Ropes, Danline Ropes, Tape Ropes, Baler Twines and Packaging Twine (Sutli).

ii. Raw Material Trading: Polypropylene Granules and Polyethylene Granules.

These raw materials are processed and supplied to a wide range of industries, supporting multiple applications.

iii. Other Products: The company previously engaged in the production of woven sack bags and pipes, expanding its operational base significantly.

Growth and Future Outlook

Through continuous innovation and perseverance, the company has successfully navigated industry challenges while maintaining a steady growth trajectory. Its strategic decision-making, commitment to quality, and focus on expanding its product portfolio have cemented L.K. Mehta Polymers Limited as a reliable player in the plastics industry.

Looking forward, the company aims to further expand its market reach and strengthen its position as a leading supplier of plastic products, raw materials, and innovative solutions under its trusted “SuperPack” brand.

Objects of the L.K. Mehta Polymers Limited IPO:

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: i. To Meet Incremental Working Capital Requirement ii. General Corporate Purpose.
DRHP of L.K. Mehta Polymers Limited IPO
RHP of L.K. Mehta Polymers Limited IPO

L.K. Mehta Polymers Limited IPO Details:

Open Date: Feb 13 2025
Close Date: Feb 17 2025
Total Shares: 10,40,000
Face Value: ₹ 10 Per Equity Share
Issue Size: 7.38 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 71 Per Equity Share
Listing At: BSE SME
Listing Date: Feb 20 2025

Promoters And Management:

Mr. Kamlesh Mehta, Managing Director of L.K. Mehta Polymers Limited, brings 29 years of expertise in the polymer industry. His leadership has driven the company's growth, market expansion, and innovation. He is also committed to social causes, reflecting his values of compassion and responsibility. Mrs. Rina Mehta, Director at L.K. Mehta Polymers Limited, brings 2 years of experience in the polymer industry. An accomplished artist, she has showcased her work in numerous exhibitions, blending creativity with business acumen. As a director, her leadership and innovative vision contribute significantly to the company's growth and strategic direction. Mr. Chetan Moonat, with 3 years of experience in the plastic industry and 13 years in the capital market, is a seasoned professional. As Manager at Prince Capital Market and Director at L.K. Mehta Polymers Limited, he brings strategic insights and leadership, contributing to the company's growth and success across industries.

Lead Manager of L.K. Mehta Polymers Limited IPO:

  1. Swastika Investmart Limited

Registrar of L.K. Mehta Polymers Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

L.K. Mehta Polymers Limited 1103/2, Mhow-Neemuch Road, Ratlam, 457001 Phone: +91-9669903095 Email: info@lkmehtapolymersltd.com Website: https://lkmehtapolymersltd.com/

Discussion on L.K. Mehta Polymers Limited IPO:

Leave a Reply