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Initial public issue of 10,40,000 equity shares of face value of (Rs) 10/- each of L.K.Mehta Polymers Limited ("L.K. or the "Company" or the Isuer") for cash at a price of (Rs) 71/- per equity share including a share premium of (Rs) 61/- per equity share (the "Issue Price") aggregating to (Rs) 7.38 crores ("The Issue"), of which 54,400 equity shares of face value of
(Rs) 10/- each for cash at a price of (Rs) 71/- per equity share including a share premium of (Rs) 61/- per equity share aggregating to (Rs) 0.38 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 9,85,600 equity shares of face value of (Rs) 10/- each at a price of (Rs) 71/- per equity share including a share premium of (Rs) 61/- per equity share aggregating to (Rs) 7.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.08% and 25.67% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10/- each and the issue price is (Rs) 71/-. The issue price is 7.10 times of the face value.
Opens On
Closes On
Application
Allotment
13-Feb-25
17-Feb-25
71.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
6.68
Swastika Investmart Ltd
Project Financed through Current Offer
7.38
Post Issue Equity Share Capital
3.84