Introduction
LK Mehta Polymers Ltd IPO is launching its Initial Public Offering (IPO) with a public issue of Rs 7.38 crores. This IPO is set to open for subscription on February 13, 2025, and will close on February 17, 2025. Investors looking for upcoming IPOs this week or interested in upcoming IPOs in India NSE should consider this investment opportunity.
This article provides a comprehensive overview of the LK Mehta Polymers Ltd IPO, including its issue size, pricing, subscription details, and reservation categories.https://newstoday27.com/
LK Mehta Polymers Ltd
LK Mehta Polymers Ltd is a reputed name in the polymer industry, specializing in the manufacturing and supply of high-quality polymer products. With a strong market presence, the company aims to expand its operations through this IPO and strengthen its financial position.
LK Mehta Polymers Ltd IPO Details
The IPO details are as follows:
- IPO Type: Public Issue (Fixed Portion)
- Issue Size: Rs 7.38 crores
- Shares Offered: 10.40 lakh shares
- Issue Price: Rs 71 per share
- Face Value: Rs 10 per share
- Lot Size: 1,600 shares
- Minimum Investment: Rs 113,600
- Listing Date: February 20, 2025
- Listing On: BSE
LK Mehta Polymers Ltd IPO Key Dates
Event | Date |
Opening Date | February 13, 2025 |
Closing Date | February 17, 2025 |
Basis of Allotment | February 18, 2025 |
Initiation of Refunds | February 19, 2025 |
Credit of Shares | February 19, 2025 |
Listing Date | February 20, 2025 |
LK Mehta Polymers Ltd IPO Subscription Status
As of February 14, 2025, the IPO has seen impressive subscription numbers across various investor categories:
Investor Category | Subscription Times |
Qualified Institutional Buyers (QIB) | 0x |
Retail Individual Investor (RII) | 12.56x |
Non-Institutional Investor (NII) | 5.54x |
Others | 0x |
Total Subscription | 8.86x |
Day-wise Subscription Breakdown
Date | QIB | RII | NII | Total |
Day 1 (Feb 13, 2025) | 0x | 6.68x | 4.69x | 5.63x |
Day 2 (Feb 14, 2025) | 0x | 12.56x | 5.54x | 8.86x |
LK Mehta Polymers Ltd IPO Reservation
The IPO offers a total of 1,040,000 shares distributed across different investor categories:
Investor Category | Shares Offered | Percentage (%) |
Non-Institutional Investor (NII) | 492,800 | 47.38% |
Retail Individual Investor (RII) | 492,800 | 47.38% |
Total Shares Offered | 1,040,000 | 100% |
Why Invest in LK Mehta Polymers Ltd IPO?
1. Strong Market Presence
LK Mehta Polymers Ltd has established a significant footprint in the polymer industry, with a proven track record of delivering quality products.
2. Growth Potential
The IPO will help the company expand its production capabilities and enhance its market reach.
3. Favorable Subscription Trends
With a high subscription rate in the Retail Individual Investor (RII) category, the IPO has gained strong investor confidence.
4. Listing on BSE
The company’s shares will be listed on BSE, providing investors with liquidity and an opportunity for potential gains post-listing.
How to Apply for LK Mehta Polymers Ltd IPO?
If you are interested in applying for this upcoming IPO in India NSE, follow these steps:
- Check Your Eligibility – Ensure you have a Demat and trading account.
- Choose an Application Method – Apply via ASBA (Application Supported by Blocked Amount) through your bank or use UPI (Unified Payments Interface).
- Select Your Lot Size – The minimum investment requires purchasing 1,600 shares, amounting to Rs 113,600.
- Submit Your Application – Apply through your brokerage account before the IPO closes on February 17, 2025.
- Wait for Allotment – The basis of allotment will be finalized on February 18, 2025.
Conclusion
The LK Mehta Polymers Ltd IPO is one of the most anticipated upcoming IPOs in India this week. With strong investor interest, promising growth potential, and attractive pricing, this IPO presents an exciting investment opportunity. Make sure to do thorough research and consider your financial goals before investing.
