31 Mar 2022
Assets8.23
Total Income11.94
Profit After Tax0.04
NET Worth2.17
Reserves and Surplus1.54
Total Borrowing4.39
At a glance
Updated 2026-09-12The shares listed at ₹71.10, a 0.14% move from the issue price. L.K. Mehta Polymers is a SME IPO with an issue size of ₹7.38 crore, proposed for listing on BSE SME. The offer opens on 13th Feb 2025 and closes on 17th Feb 2025. The issue structure includes a fresh issue of ₹7.00 crore. The current listing schedule points to 21st Feb 2025.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹7.38 Cr
Fresh issue₹7.00 Cr
Face value₹10
Price band—–—
Allotment18th Feb 2025
Listing21st Feb 2025
Listing performance
Full performance ↗Issue price₹71.00
Listing price₹71.10
Current price—
Listing gain0.14%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper priceNO DATA
Est. listing₹76.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens13th Feb 2025
Closes17th Feb 2025
Allotment18th Feb 2025
Refund19th Feb 2025
Demat20th Feb 2025
Listing21st Feb 2025
Subscription demand
Full bidding ↗Total44.57×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | — |
Company
Incorporated1995
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Incremental Working Capital Requirement | ₹5.34 Cr |
| General Corporate Purposes | ₹1.34 Cr |
| To Public Issue Expenses | ₹0.70 Cr |
| Total | ₹7.38 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue11.98₹ Cr · -36.5% vs prior year
PAT0.42₹ Cr · -51.2% vs prior year
Assets11.87₹ Cr · +13.2% vs prior year
Net Worth3.74₹ Cr · +23.8% vs prior year
Borrowing6.69₹ Cr · +3.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets7.20
Total Income17.14
Profit After Tax-0.01
NET Worth2.16
Reserves and Surplus1.54
Total Borrowing3.90
31 Mar 2024
Assets10.49
Total Income18.87
Profit After Tax0.86
NET Worth3.02
Reserves and Surplus2.39
Total Borrowing6.48
31 Dec 2024
Assets11.87
Total Income11.98
Profit After Tax0.42
NET Worth3.74
Reserves and Surplus0.94
Total Borrowing6.69
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 28.35% |
| ROCE | 16% |
| Debt / Equity | 2.15% |
| RoNW | 28.35% |
| PAT Margin | 4.71% |
| Price to Book Value | 5.88 |
Valuation & shareholding
Pre-IPO EPS3.06
Post-IPO EPS1.45
Pre-IPO P/E41.04
Post-IPO P/E48.95
Promoter holding pre100%
Promoter holding post72.92%
Market cap₹27.26 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| L.K.Mehta Polymers IPO | — | 48.95 x | — | — |
| Phychem Technologies IPO | — | 19.42 x | — | — |
| Atharva Poly-Plast IPO | — | 17.83 x | — | — |
| Diksha Polymers IPO | — | 14.14 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To Meet Incremental Working Capital Requirement | ₹5.34 Cr |
| General Corporate Purposes | ₹1.34 Cr |
| To Public Issue Expenses | ₹0.70 Cr |
| Total | ₹7.38 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Swastika Investmart Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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