L.K.Mehta Polymers IPO vs Royal Arc Electrodes IPO

Comparison between L.K.Mehta Polymers IPO and Royal Arc Electrodes IPO.

IPO Details

L.K.Mehta Polymers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Royal Arc Electrodes 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 Royal Arc Electrodes IPO is up to ₹34.16 Cr. The final issue price of L.K.Mehta Polymers IPO is ₹71.00 per share and of Royal Arc Electrodes IPO is ₹120.00 per share.

 L.K.Mehta Polymers IPORoyal Arc Electrodes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹114.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹71.00 per share₹120.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1200 shares
Fresh Issue Size9,85,600 shares16,46,400 shares
Fresh Issue Size (Amount)up to ₹7.00 Crup to ₹19.76 Cr
OFS Issue Size0 shares12,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹14.40 Cr
Issue Size Total9,85,600 shares28,46,400 shares
Issue Size Total (Amount)up to ₹7.00 Crup to ₹34.16 Cr

IPO Timetable

L.K.Mehta Polymers IPO opens on Feb 13, 2025, while Royal Arc Electrodes IPO opens on Feb 14, 2025. The closing date of L.K.Mehta Polymers IPO and Royal Arc Electrodes IPO is Feb 17, 2025, and Feb 18, 2025, respectively.

 L.K.Mehta Polymers IPORoyal Arc Electrodes IPO
Anchor Bid DateFeb 13, 2025
Issue OpenFeb 13, 2025Feb 14, 2025
Issue CloseFeb 17, 2025Feb 18, 2025
Basis Of Allotment (Tentative)Feb 18, 2025Feb 19, 2025
Initiation of Refunds (Tentative)Feb 19, 2025Feb 20, 2025
Credit of Share (Tentative)Feb 20, 2025Feb 20, 2025
Listing date (Tentative)Feb 21, 2025Feb 24, 2025
Anchor Lockin End date 1Mar 21, 2025
Anchor Lockin End date 2May 20, 2025

Financials & KPIs

L.K.Mehta Polymers IPO P/E ratio is 41.04, as compared to Royal Arc Electrodes IPO P/E ratio of 9.36.

 L.K.Mehta Polymers IPORoyal Arc Electrodes IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets11.8710.497.208.23
Total Income11.9818.8717.1411.94
Profit After Tax0.420.86-0.010.04
NET Worth3.743.022.162.17
Reserves and Surplus0.942.391.541.54
Total Borrowing6.696.483.904.39
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.6952.2543.8542.48
Total Income46.06100.9998.0364.82
Profit After Tax3.1811.939.572.12
NET Worth45.4542.2730.3520.78
Reserves and Surplus36.1532.9728.5318.96
Total Borrowing2.020.201.427.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.99
Promoter Shareholding (Post-Issue)72.9272.96
P/E Ratio41.049.36
Market Cap₹27.26 Cr.₹133.20 Cr.
ROE28.3532.85
ROCE1637.73
Debt/Equity2.15
EPS₹3.06₹12.82
RoNW28.3528.21

Shares Offered

In the L.K.Mehta Polymers IPO Retail Individual Investors (RII) are offered 5,07,200 shares while in Royal Arc Electrodes IPO retail investors are offered 5,07,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in L.K.Mehta Polymers IPO and 5,82,000 shares in Royal Arc Electrodes IPO.

 L.K.Mehta Polymers IPORoyal Arc Electrodes IPO
Anchor Investor Reservation0 shares8,40,000 shares
Market Maker Reservation54,400 shares1,53,600 shares
QIB0 shares5,82,000 shares
NII4,78,400 shares4,06,800 shares
RII5,07,200 shares10,17,600 shares
Employee0 shares0 shares
Others
Total9,85,600 shares28,46,400 shares

Bids Received (Subscription)

L.K.Mehta Polymers IPO subscribed 44.57x in total, whereas Royal Arc Electrodes IPO subscribed 1.60x.

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L.K.Mehta Polymers IPO Vs Royal Arc Electrodes IPO