L.K. Mehta Polymers IPO Allotment Status

Summary

L.K. Mehta Polymers Limited, established in 1995, has built its reputation in the plastic products industry under the "Super Pack" brand name. Operating with 21 full-time employees as of January 2025, the company specializes in manufacturing and trading plastic products, particularly focusing on monofilament ropes, danline ropes, and twines used across diverse sectors from agriculture to heavy machinery transport. Their business model emphasizes quality control and timely delivery through rigorous order verification processes.

L.K. Mehta Polymers IPO comes with a total issue size of ₹7.38 crore, which is entirely a fresh issue of 10.40 lakh shares. The IPO opened on February 13, 2025, and closed on February 17, 2025. The allotment date for the L.K. Mehta Polymers IPO is expected to be finalized on Tuesday, February 18, 2025.
 

Steps to Check L.K. Mehta Polymers IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt Ltd website
• Select "L.K. Mehta Polymers IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check L.K. Mehta Polymers IPO Allotment Status on BSE/NSE

• Navigate to the BSE SME IPO Allotment Status Page
• Choose "L.K. Mehta Polymers IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

L.K. Mehta Polymers IPO Subscription Status 

L.K. Mehta Polymers IPO received exceptional investor interest, being subscribed 44.57 times overall. Here is a category-wise breakdown of the subscription as of 6:54:51 PM on February 17, 2025:

• Retail Category: 46.25 times
• Non-Institutional Investors (NII): 42.88 times

As of 6:54:51 PM

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Working Capital: Meeting incremental working capital requirements
• General Corporate Purposes: Supporting various business initiatives

L.K. Mehta Polymers IPO - Listing Details 

The shares are scheduled to list on February 21, 2025, on BSE SME. While the subscription rate of 44.57 times shows remarkable investor interest, the company has shown moderate financial performance with revenue of ₹11.98 crore and profit after tax of ₹0.42 crore for the period ended December 31, 2024. Investors should note that despite the company's established brand and customer relationships, they operate in a highly competitive segment with inconsistent profit margins, and the small post-IPO equity capital may indicate a longer gestation period for returns.