New Delhi, Feb. 21 -- LK Mehta Polymers shares made a flat debut on Friday, February 21, listing at Rs.71.10 on BSE SME, up just 0.14 percent to its issue price of Rs.71.

LK Mehta Polymers' initial public offering (IPO), valued at Rs.7.38 crore, was open for subscription from February 13 to February 17. The SME IPO had set a price of Rs.71 per share.

Following the three days of bidding, LK Mehta Polymers IPO closed with robust demand, garnering 44.57 times bids. The IPO received bids for 4.39 crore shares against 9.85 lakh shares on offer. The retail investor segment was booked 46.25 percent, while the non-institutional investors (NII) category was subscribed 42.88 times.

LK Mehta Polymers IPO was entirely an fresh issue of 10.40 lakh ...