Skip to main content
NSE - SMEListed
Mega Flex Plastics Limited Logo

Mega Flex Plastics Limited IPO

Mega Flex Plastics Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 54.00 (+35.00%)

The Initial Public Offering of Mega Flex Plastics Limited's culminated in its successful listing on 20-09-2022 at the NSE trading platform. The company secured 28,50,000 Shares through this capital market exercise, with 28,50,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹40 to ₹40, with minimum investment requirements of 3000 shares. The subscription period from 06-09-2022 to 09-09-2022 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 15-09-2022. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Mega Flex IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Mega Flex IPO Key Performance Indicator
Company Financials ( In Lakhs )

Mega Flex IPO About Company

Mega Flex Plastics Limited is primarily engaged in the manufacturing of Leno Bags used for packaging agricultural products such as potatoes, onions, garlic, coconuts, fruits, and vegetables, along with producing woven fabric and Sutli (fibrillated twisted thread). The company operates in two key segments—manufacturing Leno Bags, PP fabrics, and Sutli, and trading polypropylene granules. Its manufacturing facility is strategically located on NH-6, about 120 km from the Haldia international port and 30 km from the Kolkata port, ensuring strong connectivity and efficient logistics. Mega Flex markets its products under well-known brands like Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena, and also exports Leno Bags to European countries.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Mega Flex IPO Strength Factors

  1. Organizational Stability: Backed by strong management expertise.
  2. Smooth Operations: Ensures efficient and hassle-free workflow.
  3. Clear Structure: Well-defined organization for better coordination.
  4. Strong Supplier Network: Maintains trusted and long-term relationships.
  5. Wide Product Range: Offers multiple products to meet diverse needs.

Mega Flex IPO Risk Factors

NA


Mega Flex IPO Lead Manager(s)

  • Finshore Management Services Limited

Mega Flex IPO Promoter(s)

  1. M/s. Channel Plastics Private Limited
  2. Mr. Rakesh Sethia
  3. Mr. Mohan Lal Parakh
  4. Mr. Hukum Chand Bothra

Mega Flex IPO Company Details

Mega Flex Plastics Limited
Phone:
address:

Mega Flex IPO Registrar

Cameo Corporate Services Limited
Name:
Phone:

Mega Flex IPO FAQs