247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Mega Flex Plastics Limited IPO (Mega Flex Plastics IPO) Details

Mega Flex Plastics Limited is an Packaging & Disposables based company, located in Kolkata, Mega Flex Plastics Limited IPO size was 11.40 Cr. and was issued at 40.00 per share. The share of Mega Flex Plastics Limited were listed at 56.70 per share and are currently trading at 43.90 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
47.39 Cr.

PAT :
2.66 Cr.

Pricing Report

Issue Price :
40.00

Listing Price :
56.70

Current Market Price :
43.90

Issue Price vs CMP :
3.9 (9.75%)

listing Price vs CMP :
12.8 (22.57%)

Performance Report (CAGR* wise)

CAGR : 4.06
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Mega Flex Plastics

Company Information
Mega Flex Plastics is primarily engaged in manufacturing of Leno Bags which is used for packaging of agricultural produces like potatoes, onions, garlic, coconuts, fruits and vegetables. In addition to Leno Bags, the company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The product which they majorly manufacture i.e., Leno Bags is made from Plastic Granules and is used multiple times for storage of fruits and vegetables. The said product is widely used in Cold Storages and warehouses for storage of various products. Their state-of-the-art plant for manufacturing PP Leno Bags is situated at Sudha Ras Food & Poly Park (Industrial Park), Howrah in the state of West Bengal, India. The plant is strategically located on NH-6, about 120 km from international all-weather
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Object of Issue
  • To meet the working capital requirements
  • To meet the Issue Expenses
  • General Corporate Purposes

Mega Flex Plastics SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Sep, 2022
IPO Size :
11.40 Cr.
Market Cap :
42.98 Cr.   
IPO Subscription :
46.31 X     
PE Multiple :
16.19
IPO Registrar:
Cameo Corporate Services Limited
Anchor Investors:

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FAQs

Mega Flex Plastics operates in Packaging & Disposables and . The Issue is listed on NSE EMERGE in Sep, 2022. Mega Flex Plastics IPO size was 11.40 Cr. with Issue price of 40.00 .

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 43.90.

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