ListedSMEPlastic ProductsLKMEHTA

L.K. Mehta Polymers IPO

L.K. Mehta Polymers IPO is an SME IPO raising ₹7 Cr at a fixed price of ₹71 a share. It listed on 21 Feb 2025 at ₹71, +0.1% against its issue price of ₹71, and trades at ₹38 today (−46.1% since issue). It was subscribed 43× in total.

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₹71

Issue price

₹38

Price now

−46.1%

Since issue price

21 Feb 2025

Listed on

43×Subscribed (final) · all exchanges

43.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹71

Cut-off price₹71

Issue size₹7 Cr

Shares per lot1600

Minimum application₹1,13,600

Minimum quantity1600

Face value₹71

Listing exchangesBSE

ISININE0FFF01017

Bidding hours10:00 – 17:00 IST

Bidding window13 Feb 2025 – 17 Feb 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.