Mega Flex Plastics IPO Subscription Status [ Final ]

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 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.

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Can we Subscribe Mega Flex Plastics IPO?

In our view, May Apply.

Latest News Update: Mega Flex Plastics IPO Subscription Status Live
  • Mega Flex Plastics IPO subscribed 46.31 times, retail portion booked 39.75 times on day 4 day.
  • The NII 52.86 times Subscribed on day 4.

Mega Flex Plastics IPO Subscription Status( 9 Sep 2022 )

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
NII 1.49 2.20 4.66 52.86
Retail 1.43 3.78 9.88 39.75
Total 1.46 2.99 7.27 46.31

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