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
| DRHP | Download |
| RHP | – |
Mega Flex Plastics IPO Reviews
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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
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Contact Person: Ms. K. Sreepriya
Tel. No: 044 – 40020700;
E-mail: [email protected];
Website: www.cameoindia.com;
Investor Grievance Email: [email protected];
SEBI Registration No: INR000003753
CIN: U67120TN1998PLC041613
Mega Flex Plastics Contact Details
4, Ho Chi Minh Sarani,
Suite-2A,
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];
Website: www.megaflex.co.in;
CIN: U25209WB2003PLC097273
Mega Flex Plastics IPO Lead Managers
FINSHORE MANAGEMENT SERVICES LIMITED
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
Website: www.finshoregroup.com
Investor Grievance Email: [email protected]
SEBI Registration No: INM000012185
CIN: U74900WB2011PLC169377