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Mega Flex Plastics IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Packaging & Disposables sector. Finshore Management Services is the merchant banker of Mega Flex Plastics IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th July 2022.
Mega Flex Plastics IPO open date is 6th September 2022 and close date is 9th September 2022. IPO Allotment Date is 14th September 2022 and Listing date is 19th September 2022.
IPO
Size:
₹ 11.40 Cr.
Avg IPO Size (Sector Based)
: ₹
11.99 cr.
Sector: Packaging & Disposables
SME
IPO so far:
29
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹
47.39
cr. 
PE
Ratio:
16.19x
Average Sector PE Ratio: 16.10x
Mega Flex Plastics IPO size is ₹ 11.40 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Mega Flex Plastics IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Rainbow Securities Private Limited for Mega Flex Plastics IPO.
Mega Flex Plastics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Mega Flex Plastics IPO, based in Kolkata, operates in the Packaging & Disposables sector with a focus on Manufacturing of Leno Bags. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Mega Flex Plastics IPO size is ₹ 11.40 Cr. with fresh issue size of ₹ 11.40 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Mega Flex Plastics IPO is expected to be 14th September 2022, after the finalization of basis of allotment. Investors can check Mega Flex Plastics IPO allotment status on the registrars website, Cameo Corporate Services Limited. Mega Flex Plastics IPO refund dates are 15th September 2022.
Mega Flex Plastics IPO is expected to be listed on 19th September 2022.
The upper price band for the Mega Flex Plastics IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Mega Flex Plastics IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Mega Flex Plastics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th September 2022. After submission, funds are blocked until the basis of allotment of Mega Flex Plastics IPO is finalised.
The merchant banker for Mega Flex Plastics IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mega Flex Plastics IPO RHP for further details.
The registrar for Mega Flex Plastics IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Mega Flex Plastics IPO through their official website or helpline.
Mega Flex Plastics IPO was subscribed 46.31 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.40 Cr.
Avg IPO Size (Sector Based)
:
₹ 11.99 Cr.
Sector: Packaging & Disposables
SME
IPO so far:
29
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹ 46.46 cr.
PE
Ratio:
16.19x
Average Sector PE Ratio: 16.10x
Mega Flex Plastics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mega Flex Plastics Financial Review Page
Merchant Banker(s) of Mega Flex Plastics IPO: Finshore Management Services Limited
Mega Flex Plastics IPO subscription was 46.31 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Mega Flex Plastics IPO listed at a listing price of 56.70 against the offer price of 40.00.
The current market price of Mega Flex Plastics is 61.00.
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