Mega Flex Plastics IPO Details


We embarked on the journey in the year 2007 under visionary and dynamic leadership of Late Anup Chand Sethia, Bsc. Engg. With 4 decades of rich experience in plastic processing, oil milling, paper packaging and other industries, he visualized tremendous opportunity available in the field of packaging of horticultural produce, specially potato, onion and other vegetables. His vision became reality in the form of Mega Flex Plastics Ltd which started operation with 27 looms..



    Mega Flex Plastics IPO Date, Price & Offer Details

    Mega Flex Plastics IPO will be open on 06-09-2022 and will close on 09-09-2022. The following table provides all the information related to Mega Flex Plastics IPO including the date, price and offer details of Mega Flex Plastics IPO

    Mega Flex Plastics IPO Date, Price & Offer Details
    Issue Open 06-09-2022
    Issue Close 09-09-2022
    Allotment Date 14-09-2022
    Unblocked Amount 15-09-2022
    Credit Demat Amount 16-09-2022
    Listing Date 19-09-2022
    Issue Size
    28,50,000 Total Equity Share
    Issue Size ₹ 11.40 Cr
    IPO Price Band ₹ 40 Per Equity Share
    Minimum Share Bid 3000
    Minimum Investment Amount [₹]  ₹ 1,20,000
    Face Value ₹ 10 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 0 %
    Retail Individual Investor [RII] 50 %
    Listing On NSE SME

    Mega Flex Plastics Company Financial Report (₹ in Cr)

    As per we are checking Mega Flex Plastics company financials report and we are displaying report data as shown in below table.

    Mega Flex Plastics Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2020 30.00 33.43 29.77 2.19
    FY-2021 32.00 31.08 28.29 1.28
    FY-2022 34.14 47.39 43.18 2.65
    Read More :- Mega Flex Plastics IPO GMP

    Mega Flex Plastics Company Valuation Details

    As per we check Mega Flex Plastics company financials report and we display company valuation report data as shown in below table

    Mega Flex Plastics Company Valuation Details
    Earnings Per Share [EPS] ₹ 15.16
    Price/Earnings [P/E] Ratio 2.64
    Return on Net Worth [RoNW] 8.56 %
    Net Asset Value [NAV] ₹ 176.99 Per Share

    Mega Flex Plastics IPO Rating

    As per Mega Flex Plastics company financials report, Mega Flex Plastics company RoNW is 8.56 % and NAV is around 176.99 as per FY21 earning. As per we check Mega Flex Plastics company financials report then after LiveIPO team are recommended for "Apply" rating for Mega Flex Plastics.

    Mega Flex Plastics IPO Rating
    LiveIPO Apply
    --
    Read More :- Mega Flex Plastics IPO Allotment Status

    Mega Flex Plastics IPO Share Lot Size

    The share price of Mega Flex Plastics IPO is ₹40. So in Mega Flex Plastics IPO Minimum share lot is 1 lot with a 3000 share with an application amount of ₹1,20,000. And in retail category you can apply for a Maximum share lot is 1 lot with a 3000 share with an application amount of ₹1,20,000.

    Mega Flex Plastics IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Minimum 1 3000 1,20,000
    Maximum 1 3000 1,20,000
    Read More :- Investment Call

    Mega Flex Plastics IPO Share Offer

    A total number of 28,50,000 shares have been offered in this public issue of Mega Flex Plastics IPO, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    Mega Flex Plastics IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: 28,50,000 11.40 Cr
    Offer For Sale: - -
    Total: 28,50,000 11.40 Cr
    Read More :- Upcoming IPO List

    Mega Flex Plastics IPO Related Link
    Mega Flex Plastics IPO GMP
    Mega Flex Plastics IPO Subscription
    Mega Flex Plastics IPO Allotment Status

    Mega Flex Plastics IPO Subscription Details

    Mega Flex Plastics Company has been issued total 28,50,000 shares through this IPO, a total 1,44,000 shares have been reserved for market movers for subscriptions as per the prospect report, and a total of 13,53,000 shares have been offered in QIB category and a total of 13,53,000 shares have been offered in RII.

    Mega Flex Plastics IPO Subscription Details
    As on Date QIB RII Total
    Shared Offered 13,53,000 13,53,000 27,06,000
    Day-1
    [06-09-2022]
    20,16,000
    [1.49]
    19,32,000
    [1.43]
    39,48,000
    [1.46]
    Day-2
    [07-09-2022]
    29,73,000
    [2.2]
    51,12,000
    [3.78]
    80,85,000
    [2.99]
    Day-3
    [08-09-2022]
    63,09,000
    [4.66]
    1,33,62,000
    [9.88]
    1,96,71,000
    [7.27]
    Day-3
    [09-09-2022]
    7,15,17,000
    [52.86]
    5,37,87,000
    [39.75]
    12,53,04,000
    [46.31]

    Mega Flex Plastics IPO Listing Details

    Mega Flex Plastics IPO has been listed on 19-09-2022. On the below table we are providing all the listing details with target price and stop loss.

    Mega Flex Plastics IPO Listing Details
    Listing Date 19-09-2022
    BSE Code -
    NSE Code MEGAFLEX
    ISIN Code INE0G1D01014
    IPO Price ₹ 40
    Lot Size 3000
    Expected Listing Price ₹ 47 - ₹ 51
    Book Profit ₹ 59
    Stop Loss ₹ 43
    Listing Group -
    - -

    Mega Flex Plastics IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Mega Flex Plastics IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Mega Flex Plastics IPO.

    Mega Flex Plastics IPO Grey Market Premium
    Mega Flex Plastics IPO Grey Market Premium

    Mega Flex Plastics IPO Allotment Status

    Mega Flex Plastics IPO Allotment will be available on below link so click on below link and check your Mega Flex Plastics IPO Allotment Status.

    Mega Flex Plastics IPO Allotment Status
    Mega Flex Plastics IPO Allotment Status
      Mega Flex Plastics IPO Live Subscription
    Mega Flex Plastics IPO Subscription in NSE
    Mega Flex Plastics IPO Prospectus
    Mega Flex Plastics IPO DRHP
    Mega Flex Plastics IPO RHP

    Mega Flex Plastics Company Contact Details

    Mega Flex Plastics Limited
    4, Ho Chi Minh Sarani, Suite-2A,
    2nd Floor, Kolkata - 700071,
    West Bengal, India
    Contact Person: Mrs. Parul Mantri,
    Tel No: +91 98742 45045
    CIN: U25209WB2003PLC097273.

    Mega Flex Plastics IPO Registrar

    CAMEO CORPORATE SERVICES LIMITED
    "Subramanian Building", #1, Club House Road,
    Chennai - 600 002, India
    Contact Person: Ms. K. Sreepriya
    Tel. No: 044 – 40020700;
    Investor Grievance Email: investor@cameoindia.com
    SEBI Registration No: INR000003753
    CIN: U67120TN1998PLC041613

    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
    Contact Person: Mr. S. Ramakrishna Iyengar
    Investor Grievance Email: info@finshoregroup.com
    SEBI Registration No: INM000012185
    CIN: U74900WB2011PLC169377

    Mega Flex Plastics IPO FAQs

    What is the Mega Flex Plastics IPO?
    Mega Flex Plastics IPO is the Main Board IPO of 28,50,000 equity shares of the face value of ₹10 aggregating up to ₹11.40 Crores. The issue is priced at ₹40 per equity share. The minimum order quantity is 3000 Shares.

    Who is the registrar company of Mega Flex Plastics IPO?
    Cameo Corporate Services Limited is the registrar company of Mega Flex Plastics IPO.

    When is the Mega Flex Plastics IPO Opening date?
    The Mega Flex Plastics IPO Opening on 06-09-2022

    When is the Mega Flex Plastics IPO Closing date?
    The Mega Flex Plastics IPO Closing on 09-09-2022

    When is the Mega Flex Plastics IPO allotment date?
    The Mega Flex Plastics IPO Allotment will be done on 14-09-2022

    Mega Flex Plastics IPO Allotment Status

    On what date will the Mega Flex Plastics IPO amount be refunded?
    Mega Flex Plastics IPO will refund the amount on 15-09-2022

    On which date Mega Flex Plastics IPO Shares will be credited to the demat account?
    The Mega Flex Plastics IPO Shares will be credited to your demat account on 16-09-2022.

    When is the Mega Flex Plastics IPO listing date?
    The Mega Flex Plastics IPO listing date is on 19-09-2022.

    What is the Mega Flex Plastics IPO Price Band?
    Mega Flex Plastics IPO Price Band is ₹40  per equity share.

    What is the lot size of the Mega Flex Plastics IPO?
    Mega Flex Plastics IPO the minimum bid is 3000 Shares with ₹1,20,000 amount and maximum bid is 3000 shares with ₹1,20,000.

    What is the expected Mega Flex Plastics IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Mega Flex Plastics IPO is around ₹ 47 to ₹ 51

    What is the Mega Flex Plastics IPO Expected Returns?
    As per Grey Market Premium (GMP), Mega Flex Plastics IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Mega Flex Plastics IPO?
    The Mega Flex Plastics IPO NSE Code is MEGAFLEX and the BSE Code is -.

    What is the stop loss in the Mega Flex Plastics IPO?
    If the Mega Flex Plastics IPO goes below 43 then sell the Mega Flex Plastics IPO.

    What will i do in Mega Flex Plastics IPO?
    If the Mega Flex Plastics IPO listing above 59 then sell the Mega Flex Plastics IPO and book profit.

    How to check Mega Flex Plastics IPO Allotment Status?
    Below we are provide all the step how to check Mega Flex Plastics IPO allotment online

    • Go to the Mega Flex Plastics IPO Allotment Status Link
    • Click on Click Here button
    • Select Mega Flex Plastics IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Mega Flex Plastics IPO?
    • You can apply for the Mega Flex Plastics IPO using ASBA online through your internet banking.
    • You can also apply for the Mega Flex Plastics IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in will not be responsible for any kind of losses. So apply to any IPO at your risk.
    • We are not buying or selling any IPO forms regarding IPO Grey Market premium. We are only provide only recommendation of any IPO.
    • Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.

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