L.K.Mehta Polymers IPO

BSELot: 1600

LISTEDSME
Issue Price71
Listing71.1
Current42.1
Price Band
71 - ₹71
Lot Size
1,600
Issue Size
₹7.38 Cr
GMP
0
Subscription
5.63x

IPO Schedule

1
Open
13 Feb
2
Close
17 Feb
3
Allotment
-
4
Listing
21 Feb

About L.K.Mehta Polymers

L.K. Mehta Polymers is an SME engaged in the manufacturing and supply of polymer-based products. Specific details about their product portfolio and target market are needed for a more comprehensive overview.

Subscription Status

QIB
0.00x
NII
4.95x
Retail
6.31x
CategoryDay 3Day 2Day 1
QIB0.00x0.00x0.00x
NII42.88x5.74x4.95x
Retail46.25x11.87x6.31x
Total44.57x8.81x5.63x

Risk Factors

SME IPOs are generally riskier due to limited financial history and smaller scale of operations.
High P/E ratio of 41.04 suggests the company is potentially overvalued compared to its earnings.
Issue size of ₹7.38 Cr indicates limited liquidity and potentially higher price volatility post-listing.