Comparison between L.K.Mehta Polymers IPO and P S Raj Steels IPO.
IPO Details
L.K.Mehta Polymers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while P S Raj Steels IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of L.K.Mehta Polymers IPO is up to ₹7.00 Cr whereas the issue size of the P S Raj Steels IPO is up to ₹26.87 Cr. The final issue price of L.K.Mehta Polymers IPO is ₹71.00 per share and of P S Raj Steels IPO is ₹140.00 per share.
IPO Timetable
L.K.Mehta Polymers IPO opens on Feb 13, 2025, while P S Raj Steels IPO opens on Feb 12, 2025. The closing date of L.K.Mehta Polymers IPO and P S Raj Steels IPO is Feb 17, 2025, and Feb 14, 2025, respectively.
| | L.K.Mehta Polymers IPO | P S Raj Steels IPO |
|---|
| Anchor Bid Date | | Feb 11, 2025 |
| Issue Open | Feb 13, 2025 | Feb 12, 2025 |
| Issue Close | Feb 17, 2025 | Feb 14, 2025 |
| Basis Of Allotment (Tentative) | Feb 18, 2025 | Feb 17, 2025 |
| Initiation of Refunds (Tentative) | Feb 19, 2025 | Feb 18, 2025 |
| Credit of Share (Tentative) | Feb 20, 2025 | Feb 18, 2025 |
| Listing date (Tentative) | Feb 21, 2025 | Feb 19, 2025 |
| Anchor Lockin End date 1 | | Mar 19, 2025 |
| Anchor Lockin End date 2 | | May 18, 2025 |
Financials & KPIs
L.K.Mehta Polymers IPO P/E ratio is 41.04, as compared to P S Raj Steels IPO P/E ratio of 12.14.
Shares Offered
In the L.K.Mehta Polymers IPO Retail Individual Investors (RII) are offered 5,07,200 shares while in P S Raj Steels IPO retail investors are offered 5,07,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in L.K.Mehta Polymers IPO and 3,80,000 shares in P S Raj Steels IPO.
| | L.K.Mehta Polymers IPO | P S Raj Steels IPO |
|---|
| Anchor Investor Reservation | 0 shares | 5,69,000 shares |
| Market Maker Reservation | 54,400 shares | 1,01,000 shares |
| QIB | 0 shares | 3,80,000 shares |
| NII | 4,78,400 shares | 2,85,000 shares |
| RII | 5,07,200 shares | 6,65,000 shares |
| Employee | 0 shares | 20,000 shares |
| Others | | |
| Total | 9,85,600 shares | 19,19,000 shares |
Bids Received (Subscription)
L.K.Mehta Polymers IPO subscribed 44.57x in total, whereas P S Raj Steels IPO subscribed 6.91x.
