L.K. Mehta Polymers Limited IPO has a Grey Market Premium of ₹10 as of February 12, 2025, with a price range of ₹71 per share. Offering lots of 1,600 shares, the subscription window is open from February 13 to February 17, 2025.
L.K. Mehta Polymers Limited IPO GMP Today
The Grey Market Premium (GMP) for L.K. Mehta Polymers Limited is ₹10 as of February 12, 2025. This assessment coincides with a price of ₹71 per share for the IPO.
L.K. Mehta Polymers Limited IPO Review
L.K. Mehta Polymers Limited has demonstrated financial growth, with total assets increasing to ₹11.87 crore as of December 31, 2024, from ₹8.23 crore in March 2022. Revenue for the nine-month period stood at ₹11.98 crore, following ₹18.87 crore in March 2024, reflecting steady business operations.
The company’s net worth rose to ₹3.74 crore, supported by reserves and a surplus of ₹0.94 crore. Profit after tax for the nine months reached ₹0.42 crore, following ₹0.86 crore in March 2024. Total borrowings increased to ₹6.69 crore, indicating ongoing investment in operations and business expansion.
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L.K. Mehta Polymers Limited IPO Date
L.K. Mehta Polymers Limited will accept subscriptions from February 13 to February 17, 2025.
L.K. Mehta Polymers Limited IPO Price
L.K. Mehta Polymers Limited’s price range is ₹71 per share with a face value of ₹10 each.
L.K. Mehta Polymers Limited
L.K. Mehta Polymers Limited, incorporated in 1995, specializes in trading and manufacturing plastic products. The company processes polypropylene and polyethylene granules and sells products under the “Super Pack” brand. With strict quality systems, it ensures timely delivery, customer loyalty, and reliable service across various industries.
How To Apply For L.K. Mehta Polymers Limited IPO?
To apply for the L.K. Mehta Polymers Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for L.K. Mehta Polymers Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.