Mega Flex Plastics Limited IPO Opening, Closing, Allotment, Refund and Listing Date
| IPO Opening Date | September 6, 2022 |
| IPO Closing Date | September 9, 2022 |
| Basis of Allotment | September 15, 2022 |
| Initiation of Refunds | September 16, 2022 |
| Credit of Shares to Demat | September 19, 2022 |
| IPO Listing Date | September 20, 2022 |
Mega Flex Plastics Limited IPO Details
| Infurnia Holdings Limited IPO Price Band | Rs.40 Per Equity Share |
| IPO Lot Size | Minimum 10000 shares for 1 lot |
| Minimum Amount | Rs.1,00,000 for 1 lot |
| IPO Size | Approx. Rs.11.40 Crores |
| Listing At | BSE, NSE |
| Offer for Sale | 2,850,000 Equity Shares |
| Retail Quota: | 50% |
| QIB Quota: | – |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Mega Flex Plastics Limited IPO GMP (Grey Market Premium)
| Date | GMP | Kostak | Subject to |
| 9 September | Rs.9 | – | Rs.25000 |
Mega Flex Plastics Limited IPO Subscription Status Live
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | – |
| Non-Institutional Buyers | 52.82 |
| Retail Investors | 37.72 |
| Employees | – |
| Others | – |
| Total | 45.27 |
Subscription Details (times)
Mega Flex Plastics IPO Subscription Details (times)
| Date | NII | Retail | Total |
|---|---|---|---|
| Day 1 Sep 6, 2022 | 1.49 | 1.43 | 1.46 |
| Day 2 Sep 7, 2022 | 2.20 | 3.78 | 2.99 |
| Day 3 Sep 8, 2022 | 4.66 | 9.88 | 7.27 |
| Day 4 Sep 9, 2022 | 52.82 | 37.72 | 45.27 |
Financial Report
Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 2999.93 | 3343.16 | 219.85 | 2710.33 | 2534.89 |
| 31-Mar-21 | 3200.22 | 3108.53 | 128.87 | 2839.2 | 2663.75 |
| 31-Mar-22 | 3414.68 | 4739.16 | 265.93 | 3105.13 | 2929.68 |
IPO Valuation – FY2022
| Earning Per Share (EPS): | Rs.15.16 per Equity Share |
| Price/Earning P/E Ratio: | 2.64 |
| Return on Net Worth (RoNW): | 8.56% |
| Net Asset Value (NAV): | Rs.176.99 per Equity Share |
Mega Flex Plastics Limited IPO Review
| What our Expert say about Mega Flex Plastics Limited IPO Review | Apply |
Objects of the Issue
- Investment in our wholly owned Subsidiary Company for expansion of business.
- To meet the Issue Expenses.
- General Corporate Purpose.
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://online.cameoindia.com/
Peer Group
- N/A
Company Promoters
- M/s. Channel Plastics Private Limited
- Mr. Rakesh Sethia
- Mr. Mohan Lal Parakh
- Mr. Hukum Chand Bothra
Company Address
Mega Flex Plastics Limited
4, Ho Chi Minh Sarani,
Suite-2A, 2nd Floor,
Kolkata – 700071
Phone: +91 98742 45045
Email: compliance@megaflex.in
Website: http://www.megaflex.co.in/
