Mega Flex Plastics IPO Date, GMP, Review, Price, Form & Market Lot Details

The Mega Flex Plastics IPO has begun on 06 Sep 2022. It will close on 09 Sep 2022. The Total IPO Size is 11.40 Crore. The company set its IPO price is 40 Rs Per Share. Basically, there are two basic categories in Mega Flex Plastics IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).

Mega Flex Plastics is established in 2003.

Mega Flex Plastics engaged in manufacturing of Leno Bags which is used for packaging of agricultural produces like potatoes, onions, garlic, coconuts, fruits and vegetables.

In addition to Leno Bags, The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The product which They majorly manufacture i.e., Leno Bags is made from Plastic Granules and is used multiple times for storage of fruits and vegetables.

The said product is widely used in Cold storage and warehouses for the storage of various products.

Check :- Upcoming SME IPO 2022

Company Strengths

1) Organizational stability along with management expertise
2) Smooth flow of operations
3) Well-defined organizational structure
4) Wide range of Products
5) Existing Supplier Relationship

Peers company

No Listed Peers

Mega Flex Plastics IPO Promotors

1) Channel Plastics Private Limited
2) Rakesh Sethia
3) Mohan Lal Parakh
4) Hukum Chand Bothra

Mega Flex Plastics IPO Date, Details & Price Band

IPO Opening Dates 6 Sep 2022
IPO Closing Dates 9 Sep 2022
Price Band 40 Rs Per Share
Fresh issue 11.40 Crore
Offer for Sale NIL
Total IPO size 11.40 Crore
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On NSE SME

Mega Flex Plastics IPO Market Lot

The Mega Flex Plastics IPO minimum market lot is 3000 shares With 1,20,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 1,20,000 Rs
Maximum 1 3000 1,20,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax Earnings per equity share
31-Mar-22 3414.68 4739.16 265.93 15.16
31-Mar-21 3200.22 3108.53 128.87 7.35
31-Mar-20 2999.93 3343.16 219.85 12.53

Mega Flex Plastics IPO GMP & Grey Market Premium

Mega Flex Plastics IPO GMP/Grey market premium has been started today. Check Latest Mega Flex Plastics IPO GMP, Kostak Rates and Subject to Sauda Price here.

Mega Flex Plastics IPO Prospectus

Mega Flex Plastics IPO
DRHP Download

Mega Flex Plastics IPO Reviews

Angel Broking – Update Soon
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Prabhudas Lilladher – Update Soon

Mega Flex Plastics IPO Form Download

Mega Flex Plastics IPO available on NSE Website as well as on our Portal. Please click here Mega Flex Plastics IPO form Download.

Mega Flex Plastics IPO Allotment Date & Details

Allotment Date Sep 2022
Initiation of refunds Sep 2022
Transfer of shares to Demat accounts Sep 2022
Listing Date Sep 2022
Check Allotment Status Click here

Registrar of Mega Flex Plastics IPO

“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Contact Person: Ms. K. Sreepriya
Tel. No: 044 – 40020700;
E-mail: [email protected];
Investor Grievance Email: [email protected];
SEBI Registration No: INR000003753
CIN: U67120TN1998PLC041613

Mega Flex Plastics Contact Details

4, Ho Chi Minh Sarani,
2nd Floor, Kolkata – 700071,
West Bengal, India
Contact Person: Mrs. Parul Mantri,
Company Secretary & Compliance Officer;
Tel No: +91 98742 45045
E-Mail ID: [email protected];
CIN: U25209WB2003PLC097273

Mega Flex Plastics IPO Lead Managers

Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal
Telephone: 033 – 2289 5101 / 4603 2561
Email: [email protected]
Contact Person: Mr. S. Ramakrishna Iyengar
Investor Grievance Email: [email protected]
SEBI Registration No: INM000012185
CIN: U74900WB2011PLC169377

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