LK Mehta Polymers IPO Allotment Today: How to Check Status Online, GMP, and Key Financials
The much-awaited LK Mehta Polymers IPO allotment is set to be finalized today, Tuesday, February 3. Investors who applied for the IPO can check their allotment status online through the registrar’s portal, Bigshare Services Pvt Ltd. With a subscription rate of 44.57 times on the final day of bidding, LK Mehta Polymers IPO witnessed strong investor demand, as per data from Chittorgarh.com.
The IPO subscription window opened on Thursday, February 13, and closed on Monday, February 17. Investors are now eager to find out whether they have received any shares. Those who are allotted shares will see them credited to their demat accounts by Wednesday, February 19, while refunds for unsuccessful applicants will be processed the next day. The LK Mehta Polymers IPO is scheduled to list on the BSE SME on Friday, February 21.
How to Check LK Mehta Polymers IPO Allotment Status?
1. Checking via Registrar (Bigshare Services Pvt Ltd)
Follow these simple steps to check the allotment status on the Bigshare Services portal:
✅ Step 1: Visit the IPO allotment status page: Bigshare Online.
✅ Step 2: Select “LK Mehta Polymers IPO” from the dropdown list.
✅ Step 3: Choose one of the following options to proceed:
- PAN Number
- Beneficiary ID
- Application No./CAF No.
✅ Step 4: Click on “Search” to view your IPO allotment status.
You can check the status using either a computer or a mobile device.
2. Checking via BSE (Bombay Stock Exchange) Website
Investors can also verify their allotment status on the BSE website by following these steps:
✅ Step 1: Go to BSE’s allotment check page.
✅ Step 2: Under ‘Issue Type,’ select “Equity”.
✅ Step 3: Choose “LK Mehta Polymers IPO” from the dropdown menu under ‘Issue Name’.
✅ Step 4: Enter your PAN or Application Number.
✅ Step 5: Complete the captcha verification by clicking ‘I am not a robot’ and hit the “Submit” button.
Once submitted, the page will display whether you have been allotted any shares or not.
LK Mehta Polymers IPO GMP Today
The grey market premium (GMP) for LK Mehta Polymers IPO today stands at ₹10, according to Investorgain.com. This means that shares of LK Mehta Polymers are trading at a premium of ₹10 in the grey market compared to their issue price.
Considering the IPO price of ₹71 per share, the estimated listing price based on the current GMP is ₹81 per share, reflecting a modest 4.08% gain. However, market experts have observed that the GMP has been fluctuating between ₹10 and ₹15 in the past few sessions, indicating a decline in grey market sentiment.
GMP provides an early indication of investor interest but does not guarantee the actual listing price.
Key Financials of LK Mehta Polymers
Here is a quick overview of LK Mehta Polymers’ financial performance and important ratios:
| Financial Metric | Value |
|---|---|
| IPO Price | ₹71 per share |
| Issue Size | ₹50 crore |
| Subscription Rate | 44.57 times |
| GMP (Grey Market Premium) | ₹10 |
| Estimated Listing Price | ₹81 per share |
| P/E Ratio | 18x |
| Return on Equity (ROE) | 12.5% |
| Return on Assets (ROA) | 6.8% |
| Net Profit Margin | 8.3% |
| Debt-to-Equity Ratio | 0.45 |
These financials suggest moderate profitability and growth potential for LK Mehta Polymers. Investors should carefully analyze these figures before making investment decisions post-listing.
What’s Next for Investors?
- If you are allotted shares – You will receive them in your demat account by Wednesday, February 19.
- If you are not allotted shares – Refunds will begin on Thursday, February 20.
- IPO Listing Date – The stock will make its market debut on Friday, February 21, on BSE SME.
The stock market debut of LK Mehta Polymers will be closely watched by investors, especially given its strong subscription demand but a moderating GMP. Those who have invested should stay updated on market trends and analyst insights ahead of the listing.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.