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Issue Open Date
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13-Feb-25
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Issue Closing Date
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17-Feb-25
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Application Money
|
100
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Allotment Money
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|
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Price Band
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71
-
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Minimium Application No.
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1600
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Issue Size (Shares)
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1040000
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Market Lot
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1
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Objective
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1. To Meet Incremental Working Capital Requirement;2. General Corporate Purpose
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
|
21187200
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Qualified Institutional Buyers
|
|
|
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Retail Individual Investors
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|
22793600
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|
|
|
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Business Description
Our company is actively involved in the trading and manufacturing of comprehensive array of Plastic products,addressing the diverse needs of our discerning customers. Our product line is specifically designed to encompass a widerange of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, packaging twine(sutli). We are also engaged in trading and reprocessing of basic raw materials like polypropylene granules andpolyethylene granules for our various customers. A significant milestone was reached in 2002 with the expansion of itsoperations with the establishment of a new production unit, the actual working of the unit was started by our companyin 2004, focusing on woven sack bags and pipes. This strategic decision not only broadened the company's productrange but also solidified its presence in the industry. Despite initial challenges with the availability of a high-powerelectricity line at its location, the company demonstrated remarkable resilience by successfully operating the unit until2022. In 2022, the unit was transferred afterwards. Through continuous innovation and a relentless pursuit ofexcellence, our company navigated through challenges and emerged strong, maintaining its growth trajectory.
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Promoter's Holding
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Total Share Capital
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2800000
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Offered to Public
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1040000
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Promoter's Holding (Pre-Issue)
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100
|
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Promoter's Holding (Post-Issue)
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72.92
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|
|
|
|
|
|
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Address |
1103/2 Mhow- Neemuch Road
Ratlam,
Madhya Pradesh,
457001
Phone : 9669903095
Email : info@lkmehtapolymersltd.com
Website : https://lkmehtapolymersltd.com/
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at |
BSE
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Lead Manager |
Swastika Investmart Ltd.
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Promoters |
Kamlesh Mehta Rina Mehta
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