Mega Flex Plastics’ initial public offering (IPO) date has been stated: September 6, 2022. Mega Flex Plastics is an NSE SME IPO that will raise 11.40 crores through the IPO. The Mega Flex Plastics initial public offering price band is set at 40, with a market lot of 3000 shares.
Mega Flex Plastics Limited is an important maker of Leno Bags in Eastern India. Agricultural items are presented in Leno Bags. In addition, they produce Woven Fabric, Technical Textile Material, and Sutli (twins). They are also a part of a group of other firms that manufacture hard plastic packaging and paper packaging, as well as warehousing. Mega Flex Plastics has a yearly production capacity of 22.61 million Bags. The facility is located in Polypark, Howrah, which is one of West Bengal’s greatest industrial parks with the best infrastructure. Lenoflex, Kisan,
Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena are among their brands. The company sells Leno Bags throughout Europe. Mega Flex Plastics IPO subscription status and Mega Flex Plastics IPO allotment status can be seen on their respective pages.
Objects of the IPO:
- 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% |
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.
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 |
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 Limited
Phone: +91-44-28460390
Email: [email protected]
Website: cameoindia.com
Company Address
Mega Flex Plastics Limited
4, Ho Chi Minh Sarani,
Suite-2A, 2nd Floor,
Kolkata – 700071
Phone: +91 98742 45045
Email: [email protected]
Website: megaflex.co.in
Mega Flex Plastics IPO FAQs
Q1. What is Mega Flex Plastics IPO?
Ans. Mega Flex Plastics IPO is an NSE SME IPO. They are going to raise ₹11.40 Crores via IPO. The issue is priced at ₹40 per equity share. The IPO is to be listed on NSE.
Q2. When Mega Flex Plastics IPO will open?
Ans. The IPO is to open on September 6, 2022 for NII, and Retail Investors.
Q3. What is Mega Flex Plastics IPO Investors Portion?
Ans. The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.
Q4. How to Apply the Mega Flex Plastics IPO?
Ans. You can apply Mega Flex Plastics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Mega Flex Plastics IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mega Flex Plastics”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Mega Flex Plastics IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mega Flex Plastics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Mega Flex Plastics IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mega Flex Plastics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Mega Flex Plastics IPO Size?
Ans. Mega Flex Plastics IPO size is ₹11.40 crores.
Q9. What is Mega Flex Plastics IPO Price Band?
Ans. Mega Flex Plastics IPO Price Band is ₹40 per equity share.
Q10. What is Mega Flex Plastics IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 3000 shares with ₹120,000.
Q11. What is Mega Flex Plastics IPO Allotment Date?
Ans. Mega Flex Plastics IPO allotment date is September 15, 2022.
Q12. What is Mega Flex Plastics IPO Listing Date?
Ans. Mega Flex Plastics IPO listing date is September 19, 2022. The IPO to list on NSE SME.
