Rahul Khanna
L.K. Mehta Polymers is a manufacturer and trader of plastic products, donating a diverse range of ropes and twines, plus monofilament ropes, danline ropes, tape ropes, and baler twines, besides packaging twine (sutli). The company trades and reprocesses raw materials such as polypropylene and polyethylene grains. L.K. Mehta Polymers addresses the diverse needs of its customers with its comprehensive selection of plastic products.
L.K. Mehta Polymers sells its foodstuffs under the brand name “Super Pack,” representing the company’s dedication to high quality besides strong customer relationships. As of 31 July 2024, L.K. Mehta Polymers has 20 full-time employees. The corporation has 11 Key Management Personnel (KMPs).
L.K.Mehta Polymers Ltd IPO Details
Initial public issue of 10,40,000 equity shares of the 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 with a share premium of Rs. 61/- per equity share (the Issue Price) amassing 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 with a share premium of Rs. 61/- per equity share aggregating to Rs. 0.38 crores will be set aside for subscription by market maker to the issue (the Market Maker Reservation Portion).
The issue less the market maker booking 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 amassing 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% individually 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 the face value.
LK Mehta Polymers Offer Lead Manager
- SWASTIKA INVESTMART LIMITED
- Flat No18, 2nd Floor, North Wing,
- Madhaveshwar Coop Hsg Society Ltd, Madhav Nagar,
- 11/12 SV Road, Andheri West Mumbai – 400058
- Phone: +91-22-26254568-69 / 0731-6644244
- Email: merchantbanking@swastika.co.in
- Website: www.swastika.co.in
LK Mehta Polymers Offer Registrar
- BIGSHARE SERVICES PRIVATE LIMITED
- S6-2, 6th Pinnacle Business Park,
- Mahakali Caves Road, next to Ahura Centre,
- Andheri East, Mumbai- 400093, Maharashtra
- Phone: +91 22 6263 8200
- Email: ipo@bigshareonline.com
- Website: www.bigshareonline.com
LK Mehta Polymers Contact Details
- L.K.MEHTA POLYMERS LIMITED
- 1103/2, Mhow-Neemuch Road, Ratlam,
- Madhya Pradesh, India, 457001
- Phone: +91-9669903095
- Email: cs@lkmehtapolymersltd.com
- Website: www.lkmehtapolymersltd.com
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