Mega Flex Plastics IPO subscription status will start on Tuesday, September 6, 2022 and will close on September 9, 2022. Mega Flex Plastics Limited is a leading Leno Bags manufacturer in Eastern India. The Leno Bags are used for packaging agricultural products. They also manufacture Woven Fabric, Technical Textile Material, and Sutli (twins). They are also part of a group of other businesses of manufacturing of rigid plastic packaging products and paper packaging products, warehousing, etc. The company reported revenues of ₹47.39 crores in 2022 against revenues of ₹31.09 crores in 2021. The company’s financial report looks strong and profit is also look good. Please check the Mega Flex Plastics IPO subscription status details over here.
IPOWatch View:
We recommend investors may apply an IPO with long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Mega Flex Plastics IPO allotment status here.
Mega Flex Plastics IPO Subscription Status (Live Update – Day 2)
Last Updated – 8:00
Category | Day 1 | Day 2 | Day 3 |
NII | 1.49 | 1.49 | – |
RII | 1.43 | 1.43 | – |
Total | 1.46 | 1.46 | – |
Mega Flex Plastics IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Mega Flex Plastics IPO Review
Mega Flex Plastics IPO Date & Price Band
Mega Flex Plastics IPO Open: | September 6, 2022 |
Mega Flex Plastics IPO Close: | September 9, 2022 |
Mega Flex Plastics IPO Size: | Approx ₹11.40 Crores, 2,850,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
Mega Flex Plastics IPO Price Band: | ₹40 Per Equity Share |
Mega Flex Plastics IPO Listing on: | NSE SME |
Retail Quota: | 50% |
QIB Quota: | -% |
NII Quota: | 50% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Mega Flex Plastics IPO Market Lot
The Mega Flex Plastics IPO minimum market lot is 4000 shares with a ₹120,000 application amount.
Minimum IPO Lot Size: | Minimum 4000 shares for 1 lot |
Minimum Amount: | ₹120,000 for 1 lot |
Mega Flex Plastics IPO Subscription Dates
The Mega Flex Plastics IPO subscription date is September 6 and the IPO close date is September 9. The IPO allotment date is September 15 and the IPO might list on September 20.
Mega Flex Plastics IPO Open Date: | September 6, 2022 |
Mega Flex Plastics IPO Close Date: | September 9, 2022 |
Basis of Allotment: | September 15, 2022 |
Refunds: | September 16, 2022 |
Credit to Demat Account: | September 19, 2022 |
Mega Flex Plastics IPO Listing Date: | September 20, 2022 |
Mega Flex Plastics IPO Form
How to apply Mega Flex Plastics IPO? You can apply Mega Flex Plastics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mega Flex Plastics IPO in the Invest section. The other option you can apply Mega Flex Plastics IPO via IPO forms download via the NSE website. Check out the Mega Flex Plastics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
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