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L.K. Mehta Polymers Limited IPO

L.K. Mehta Polymers Limited

Issue Open

Feb 13, 2025

Price Band

₹ 71 per share

Issue Size

7.38 Cr

Credit of Shares to Demat

Feb 20, 2025

Issue Close

Feb 17, 2025

Bid Lot

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

Feb 17, 2025 05:00 PM

Issue Type

Fixed Price Issue

Minimum Order Quantity

Allotment Details

Feb 18, 2025

Face Value

Rs 10/- per share

Listing On

Feb 21, 2025

Refunds

Feb 19, 2025

About the company:

L.K. Mehta Polymers Limited was established on January 2, 1995, under the Companies Act of 1956, with the goal of acquiring and taking over the proprietorship business of M/s. Sajjan Plastic Industries, which was founded by Suresh Kumar Mehta. Kamlesh Mehta HUF, along with their relatives, promoted the company.

The company manufactures and trades plastic products and offers a wide variety of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, and packaging twine (sutli). It also trades and recycles polypropylene and polyethylene granules. In 2002, the company expanded with a new production unit for woven sack bags and pipes, which ran successfully until 2022.

L.K. Mehta Polymers markets its products under the "Super Pack" brand, which emphasizes quality and customer satisfaction. The company continues to meet major specifications and customer requirements, ensuring industry-wide reliability of products and services.

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