Mega Flex Plastics Limited
Fixed Price IPO · NSE
- Price band
- ₹40 - ₹40
- Lot size
- 3,000 shares
- Issue amount
- ₹11.4 cr
- Total subscription
- 46.27×
- Opens
- 6 Sept 2022
- Closes
- 9 Sept 2022
- Allotment
- 15 Sept 2022
- Listing
- 20 Sept 2022
Offer at a glance
Issue overview
- Issue size
- 28,50,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹11.4 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 78,95,025
- Shares after issue
- 1,07,45,025
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,20,000 |
| HNI | 2 | 6,000 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Organizational Stability: Backed by strong management expertise.
- Smooth Operations: Ensures efficient and hassle-free workflow.
- Clear Structure: Well-defined organization for better coordination.
- Strong Supplier Network: Maintains trusted and long-term relationships.
- Wide Product Range: Offers multiple products to meet diverse needs.
Promoters
M/s. Channel Plastics Private Limited
Mr. Rakesh Sethia
Mr. Mohan Lal Parakh
Mr. Hukum Chand Bothra
Registrar & documents
Lead manager
Finshore Management Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor, Kolkata - 700071
+91 98742 45045
[email protected]Company website ↗Understanding MEGAFLEX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.