L.K. Mehta Polymers IPO: You’re Chance to Invest in the Polymers Sector?

 The Indian stock market is about to see a new entrant with the upcoming Initial Public Offering (IPO) of L.K. Mehta Polymers. Here's a brief overview of what you need to know about this IPO:

Key Dates:

  • IPO Open Date: Thursday, February 13, 2025
  • IPO Close Date: Monday, February 17, 2025

Offer Details:

  • Face Value: ₹10 per share
  • Issue Price: ₹71 per share
  • Lot Size: 1,600 shares
  • Total Issue Size: 10,40,000 shares (aggregating up to ₹7.38 Cr)
  • Fresh Issue: 10,40,000 shares (aggregating up to ₹7.38 Cr)
  • Issue Type: Fixed Price Issue IPO
  • Listing At: BSE SME
What does this mean?
  • A Fixed Price Issue IPO means that the price at which the shares will be issued is already determined and fixed at ₹71 per share. Investors know exactly how much they will pay per share.
  • The Lot Size indicates the minimum number of shares an investor can apply for. In this case, you'll need to bid for at least 1,600 shares.
  • The Total Issue Size represents the total number of shares the company is offering to the public.
  • A Fresh Issue means that the company is issuing new shares to raise capital. The funds raised will go to the company.
  • BSE SME listing indicates that the shares will be listed on the BSE's platform for small and medium enterprises.

Should you invest?

Whether or not to invest in an IPO is a decision that requires careful consideration. It's crucial to conduct your own research and due diligence before investing. Consider factors such as the company's financials, its industry, and the overall market conditions. Consult with a financial advisor if needed. IPOs can be exciting opportunities, but they also carry risks. Be sure to understand those risks before making any investment decisions.

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