Mega Flex Plastics IPO date is fixed, The IPO will open on September 6 and will close on September 9, 2022. Mega Flex Plastics is an NSE SME IPO to raise ₹11.40 crores via IPO. The Mega Flex Plastics IPO price band is fixed at ₹40 with a market lot of 3000 shares.
Mega Flex Plastics Limited is a leading Leno Bags manufacturer in Eastern India. The Leno Bags are used for packaging agricultural products. They also manufacture Woven Fabric, Technical Textile Material, and Sutli (twins). They are also part of a group of other businesses of manufacturing of rigid plastic packaging products and paper packaging products, warehousing, etc.
TMega Flex Plastics has a production capacity of 22.61 million Bags per year. The factory is situated in Polypark, Howrah, which is one of the best industrial parks in West Bengal with the best infrastructure. Their brands include Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena. The company export Leno Bags to European countries. You can check Mega Flex Plastics IPO subscription status and Mega Flex Plastics IPO allotment status on their respective pages.
Objects of the Issue:
- To meet the working capital requirements.
- To meet the Issue Expenses.
- General Corporate Purpose.
Mega Flex Plastics IPO Review
- May Apply
Mega Flex Plastics IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 19 September | ₹12 | ₹- | ₹25000 |
Mega Flex Plastics IPO Date & Price Band
| Mega Flex Plastics IPO Open: | September 6, 2022 |
| Mega Flex Plastics IPO Close: | September 9, 2022 |
| Mega Flex Plastics IPO Size: | Approx ₹11.40 Crores, 2,850,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Mega Flex Plastics IPO Price Band: | ₹40 Per Equity Share |
| Mega Flex Plastics IPO Listing on: | NSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Mega Flex Plastics IPO Market Lot
The Mega Flex Plastics IPO minimum market lot is 4000 shares with a ₹120,000 application amount.
| Minimum IPO Lot Size: | Minimum 4000 shares for 1 lot |
| Minimum Amount: | ₹120,000 for 1 lot |
Mega Flex Plastics IPO Allotment & Listing Dates
The Mega Flex Plastics IPO date is September 6 and the IPO close date is September 9. The IPO allotment date is September 15 and the IPO might list on September 20.
| Mega Flex Plastics IPO Open Date: | September 6, 2022 |
| Mega Flex Plastics IPO Close Date: | September 9, 2022 |
| Basis of Allotment: | September 15, 2022 |
| Refunds: | September 16, 2022 |
| Credit to Demat Account: | September 19, 2022 |
| Mega Flex Plastics IPO Listing Date: | September 19, 2022 |
Mega Flex Plastics IPO Form
How to apply Mega Flex Plastics IPO? You can apply Mega Flex Plastics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mega Flex Plastics IPO in the Invest section. The other option you can apply Mega Flex Plastics IPO via IPO forms download via the NSE website. Check out the Mega Flex Plastics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Mega Flex Plastics Company Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2020 | ₹33.43 | ₹29.18 | ₹2.20 | ||
| 2021 | ₹31.09 | ₹28.29 | ₹1.29 | ||
| 2022 | ₹47.39 | ₹43.18 | ₹2.66 | ||
Mega Flex Plastics IPO Valuation – FY2022
Check Mega Flex Plastics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹15.16 per Equity Share |
| Price/Earning P/E Ratio: | 2.64 |
| Return on Net Worth (RoNW): | 8.56% |
| Net Asset Value (NAV): | ₹176.99 per Equity Share |
Peer Group
- N/A
Company Promoters
- M/s. Channel Plastics Private Limited
- Mr. Rakesh Sethia
- Mr. Mohan Lal Parakh
- Mr. Hukum Chand Bothra
Mega Flex Plastics IPO Registrar
Cameo Corporate Services LimitedPhone: +91-44-28460390
Email: [email protected]
Website: https://online.cameoindia.com/
Mega Flex Plastics IPO Allotment Status
Check Mega Flex Plastics IPO allotment status on Cameo website URL. Click HereMega Flex Plastics IPO Lead Managers
- Finshore Management Services Limited
Company Address
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