Mega Flex Plastics Limited
ListedSMEManufacturing · NSE
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.
Price Band
₹40
Issue Size
₹11.40 Cr
Lot Size
3000 shares
GMP
₹27
+67.5%
Est. Listing
₹67
at current GMP
Subscribed
46.27x
overall
Open
6 Sep 2022
Close
9 Sep 2022
Allotment
15 Sep 2022
Refund
16 Sep 2022
Demat Credit
17 Sep 2022
Listing
20 Sep 2022
Last updated 12 days ago
Overall Subscription
46.27x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,425,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 427,500 | — | 0.00x |
| Retail Individual (RII) | 997,500 | — | 0.00x |
| Total | 2,850,000 | 0 | 46.27x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 333 | 15,408 | 46.27x |
| HNIs (10L +) | 2 | 93 | 46.50x |
| HNIs (2-10L) | 10 | 463 | 46.30x |
| Total Applications | 345 | 15,964 | 46.27x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Mega Flex Plastics Limited Public Issue & Market Profile
Mega Flex Plastics Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹11.4 Crores. The shares are offered at a price band of ₹40 to ₹40 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-17, while un-allotted funds or UPI block mandates will be released on 2022-09-16.
Frequently Asked Questions
What is Mega Flex Plastics Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Mega Flex Plastics Limited IPO is ₹27 per equity share. Based on the upper price band of ₹40 to ₹40 per equity share, the estimated listing price is ₹67 (+67.5% expected listing gain).
What is the expected profit per lot for Mega Flex Plastics Limited IPO?
With a lot size of 3000 shares and current GMP of ₹27, the expected profit per application lot is approx ₹81,000 (+67.5% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Mega Flex Plastics Limited IPO?
The Mega Flex Plastics Limited IPO aggregate issue size is ₹11.4 Crores with an equity price band set at ₹40 to ₹40 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Mega Flex Plastics Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 46.27x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Mega Flex Plastics Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2022-09-15. Investors can verify status using PAN card or application number.
When is the listing date for Mega Flex Plastics Limited IPO?
Mega Flex Plastics Limited shares are scheduled to list on NSE on 2022-09-20.