IPO

IPO Synopsis

L.K.Mehta Polymers Ltd
Initial public issue of 10,40,000 equity shares of face value of Rs. 10/- each of L.K.Mehta Polymers Limited ("L.K. or the "Company" or the Isuer") for cash at a price of Rs. 71/- per equity share including a share premium of Rs. 61/- per equity share (the "Issue Price") aggregating to Rs. 7.38 crores ("The Issue"), of which 54,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 71/- per equity share including a share premium of Rs. 61/- per equity share aggregating to Rs. 0.38 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 9,85,600 equity shares of face value of Rs. 10/- each at a price of Rs. 71/- per equity share including a share premium of Rs. 61/- per equity share aggregating to Rs. 7.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.08% and 25.67% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 71/-. The issue price is 7.10 times of the face value.
Issue
Opens On Closes On
13-Feb-25 17-Feb-25
Money Payable On
Application Allotment
71.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 6.68 Swastika Investmart Ltd
Project Financed through Current Offer (.Cr) 7.38  
Post Issue Equity Share Capital (.Cr) 3.84
Issue Price () 71.00
Projects
To meet incremental working capital requirements
General corporate purposes
Promoted By
Kamlesh Mehta
Rina Mehta
Kamlesh Mehta HUF
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd