Mega Flex Plastics IPO will be Open on 06 September 2022 and closes on 09 September 2022. The company has fixed the price of this IPO at ₹40 according to the face value of ₹10. The company will raise ₹11.40 Crores through this IPO under the 28,50,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Mega Flex Plastics IPO GMP and Mega Flex Plastics IPO subscription status here.
Mega Flex Plastics Limited is primarily 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 we 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 Storages and warehouses for storage of various products.
The company plant for manufacturing PP Leno Bags is situated at Sudha Ras Food & Poly Park (Industrial Park), Howrah in the state of West Bengal, India. The plant is strategically located on NH-6, about 120 km from international all-weather port of Haldia and around 30 kms from Kolkata port, which gives it excellent connectivity and transport facilities.
The company art manufacturing facility with production capacity of 23.08 million Bags per year by installing 27 Leno looms in the year 2007. the company gradually increased our production capacity by adding looms to our factory and till date, our factory has 60 looms with a production capacity of 51.30 million Bags per year. The core machinery comprising of an Extrusion Tape Line (melt capacity of 450 kg/hr) and 60 Leno Looms.
Objects Of The Issue :
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
Company Strengths :
- Organizational stability along with management expertise
- Smooth flow of operations
- Well-defined organizational structure
- Existing Supplier Relationshi
- Wide range of Products
| Read also: Upcoming IPO List 2022 |
Mega Flex Plastics IPO Review :
■ Apply for Long Term
Mega Flex Plastics IPO GMP Live:
Mega Flex Plastics IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 13 Sep 2022 | ₹8-₹10 | ₹30000 |
| 12 Sep 2022 | ₹8-₹10 | ₹30000 |
| 11 Sep 2022 | ₹3-₹4 | ₹20000 |
| 10 Sep 2022 | ₹0-₹0 | ₹0 |
Mega Flex Plastics IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 06 September 2022 |
| IPO Close : | 09 September 2022 |
| IPO Size : | ₹11.40 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹40 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹11.40 Cr |
| Fresh Issue : | ₹11.40 Cr |
| Offer For Sale : | ₹. Cr |
Mega Flex Plastics IPO Market Lot :
Mega Flex Plastics IPO Minimum Market lot is 1 Lot with 3000 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹120,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 3000 Shares |
| Minimum Amount : | ₹120,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 3000 Shares |
| Maximum Amount : | ₹120,000 |
Mega Flex Plastics IPO Shares Offer :
A Total of 28,50,000 shares are to be bid for the public issue by Mega Flex Plastics IPO with 28,50,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 28,50,000 | ₹11.40 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 28,50,000 | ₹₹11.40 Cr |
Mega Flex Plastics IPO Reservation :
Mega Flex Plastics IPO Total Reservation of 28,50,000 shares are to be bid for the public issue by Mega Flex Plastics IPO with – for QIB and 13,53,000 for NII 13,53,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 13,53,000 | ₹5.41 Cr |
| RII : | 50% | 13,53,000 | ₹5.41 Cr |
| MMRP : | – % | 1,44,000 | ₹0.57 Cr |
| Total : | 100% | 28,50,000 | ₹11.40 Cr |
Mega Flex Plastics IPO Dates :
Mega Flex Plastics IPO Date is 06 September 2022 and closes on 09 September 2022. The allotment will be finalized on 14 September 2022 and the IPO may list on 19 September 2022.
| Issue Open Date : | 06 September 2022 |
| Issue Close Date : | 09 September 2022 |
| Allotment Date : | 14 September 2022 |
| Refund Date : | 15 September 2022 |
| Share Credit Date : | 16 September 2022 |
| Listing Date : | 19 September 2022 |
Mega Flex Plastics IPO Form :
There are two ways to apply in Mega Flex Plastics IPO. You can apply for Mega Flex Plastics IPO through ASBA available in your bank account. You have to go to your online bank login and select Mega Flex Plastics IPO in the Invest section and apply through your bank account. Another option is you can apply Mega Flex Plastics IPO through IPO form download through NSE and BSE. See the Mega Flex Plastics IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Mega Flex Plastics Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹4,739.16 | ₹4,318.48 | ₹265.93 |
| 2021 | ₹3,108.53 | ₹2,829.38 | ₹128.87 |
| 2020 | ₹3,343.16 | ₹2,977.96 | ₹219.85 |
Company Promoters :
■ Mohan Lal Parakh
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Mega Flex Plastics IPO Lead Managers :
■ Finshore Management Services Limited
Mega Flex Plastics IPO Registrar :
Cameo Corporate Services Limited
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Facsimile: +91-44-28460129
Email: [email protected]
Website: www.cameoindia.com
Note: Check Mega Flex Plastics IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Mega Flex Plastics Limited
4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor,
Kolkata – 700071, West Bengal, India
Contact Person: Mrs. Parul Mantri
Contact No: +91 33 40293494
Email ID: [email protected]
Website: www.megaflex.co.in
Mega Flex Plastics IPO FAQs :
What is Mega Flex Plastics IPO?
Mega Flex Plastics IPO is SME IPO. They are going to raise ₹11.40. Crores via IPO. The issue is priced at ₹40 per equity share. The IPO to be listed on NSE, SME.
When Mega Flex Plastics IPO will open?
The IPO is to open on 06 Sep – 09 Sep 2022 for QIB, NII & RII.
What is Mega Flex Plastics IPO Size?
Mega Flex Plastics IPO size is ₹11.40 Crores.
What is the Fresh issue size of Mega Flex Plastics IPO?
The Fresh issue size of Mega Flex Plastics IPO ₹11.40 Cr.
What is the Offer For Sale size of Mega Flex Plastics IPO?
The Offer For Sale size of Mega Flex Plastics IPO ₹0 Cr.
What is Mega Flex Plastics IPO Price Band?
Mega Flex Plastics IPO Price Band is ₹40 Per share.
What is Mega Flex Plastics IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹112,000 amount while the maximum bid is 3000 shares with ₹112,000.
What is Mega Flex Plastics IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Mega Flex Plastics IPO Allotment Date?
Mega Flex Plastics IPO allotment date is 14 September 2022.
What is Mega Flex Plastics IPO Listing Date?
Mega Flex Plastics IPO listing date is 19 September 2022. The IPO to list on NSE, SME.
How to Apply the Mega Flex Plastics IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Mega Flex Plastics IPO”. 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.
How to Apply the Mega Flex Plastics IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Mega Flex Plastics IPO”. 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.
How to Apply the Mega Flex Plastics IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Mega Flex Plastics IPO”. 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.
How to Apply the Mega Flex Plastics IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Mega Flex Plastics IPO”. 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.
| Mega Flex Plastics GMP: Click Here Mega Flex Plastics Subscription: Click Here Mega Flex Plastics Allotment: Click Here Mega Flex Plastics Listing: Click Here |
All Mega Flex Plastics IPO-related links are available here. If you want to know the details then click on Click Here Link.
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