L.K. Mehta Polymers IPO subscription started on Thursday, February 13, 2025, and will close on February 17, 2025, as per the schedule. The price band is set at ₹71 per share with a face value of ₹10.
L.K. Mehta Polymers IPO Subscription Status
L.K. Mehta Polymers IPO Subscribed over 5.63x on its First day till 5.00 PM on February 13th, 2025.
- L.K. Mehta Polymers IPO subscription QIB investors’ portion was 0.00 times, while NII subscribers subscribed 4.95 times, and RII investors subscribed 6.31 times.
- The company has received bids for 55,50,400 shares against 9,85,601 on offer for the First-day subscription.
- L.K. Mehta Polymers IPO subscribed over 5.63x on its First day.
About L.K. Mehta Polymers Company
L.K Mehta is one of the big names for making and selling plastic products with a focus on customer satisfaction and making sure that products have been reached at the proper address. Moreover, this company is also involved in the reprocessing and trading of raw materials as well. In addition, they are maker and seller of Plastic Rope, Twine, and Granules.
L.K Mehta was founded in 1995 and it is nestled in Madhya Pradesh, India. Along with 29 years of experience in this field, L.K Mehta Ltd has 20 Indian States and 500+ trusted customers.
This firm sells products with the brand name “Super Pack”, which has maintained a strong reputation, and by providing time delivery and a completed range of services it always stays ahead in the market. This company has unique work as it maintains adaptability regarding technologies and time management.
L.K. Mehta Polymers Financial Report
The company reported revenue of ₹18.87 crores in 2024 against ₹17.14 crore in 2023. The company reported profit of ₹0.86 crores in 2024 against loss of ₹0.01 crores in 2023.
L.K. Mehta Polymers IPO GMP
L.K. Mehta Polymers IPO GMP was ₹10 as of Thursday, 13th February 2025. That indicates the IPO is trading at ₹81 with ₹10 premium in the grey market against the issue price of ₹71.
