L.K.Mehta Polymers SME IPO Details, Financials, Valuation & Peers

Incorporated in 1995, L.K. Mehta Polymers Limited is engaged in the manufacturing and trading of plastic products, including ropes, twines, woven sack bags, and reprocessed plastic granules. Operating under the brand "Super Pack", it has built a strong reputation for quality and innovation. With expertise in plastic reprocessing, the company also trades in polypropylene (PP) and polyethylene (PE) granules, catering to diverse industries. Over the years, strategic expansion and continuous innovation have helped L.K. Mehta Polymers maintain a strong growth trajectory in the competitive plastics industry.

Key Points:

• Business Operations
  1. Manufactures and trades plastic products such as:
     • Ropes: Monofilament ropes, danline ropes, tape ropes
     • Twines: Baler twines, packaging twines (sutli)
     • Woven sack bags (previously manufactured until 2022)
  2. Reprocessing and trading of polypropylene (PP) and polyethylene (PE) granules
  3. Sells products under the brand name "Super Pack"
• Manufacturing Capabilities
  • Advanced production process using extrusion, stretching, and coiling techniques
  • Utilizes high-density polyethylene (HDPE), low-density polyethylene (LDPE), and polypropylene (PP) as raw materials
  • Specialized processes for making ropes and twines, ensuring quality and durability
• Expansion & Growth
  • Expanded operations in 2002 with a new production unit (fully operational by 2004)
  • Successfully ran a woven sack bag and pipe manufacturing unit until 2022
  • Continual innovation and product diversification to meet market demand