Price Band
₹71 - ₹71
Lot Size
1600
Issue Size
₹7.38 Cr
GMP
N/A
Subscription
44.57x
Analyzing...
IPO Schedule
1
Open
13 Feb 2025
2
Close
17 Feb 2025
3
Allotment
-
4
Listing
21 Feb 2025
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.
Key Strengths
- High Return on Equity (ROE) of 28.35% indicates strong profitability and efficient use of shareholder equity.
- Fixed price offering simplifies the investment decision process.
- SME segment listing may offer higher growth potential compared to larger, more established companies.
- Potential for growth in the polymer industry driven by increasing demand across various sectors (assuming the company operates in a growing segment).
- Established manufacturing capabilities (assuming this to be true and further details are needed to validate)
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.
Valuation Analysis
The high P/E ratio raises concerns about valuation, and investors should carefully assess the company's future growth prospects to justify the premium. Further analysis is needed to determine if the ROE justifies the high P/E given the risks associated with SME IPOs.
IPO Details
ExchangeBSE
SegmentSME
ISININE0FFF01017
Face Value₹10
Lot Size1600
Issue Size₹7.38 Cr
Key Metrics
ROE28.35%
ROCE16%
P/E Ratio41.04
Industry P/E20
EPS3.06
PAT Margin4.71%
Debt/Equity2.15
Growth & Quality
ProfitableYes ✓
Subscription
Total5.63x
Imbalance Ratio2.0x
Documents
RHP not available
Key Dates
Open Date13 Feb 2025
Close Date17 Feb 2025
Listing21 Feb 2025