IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Mega Flex Plastics Ltd

Registered Office : 4 Ho Chi Minh Sarani,Suite-2A 2nd Floor,Kolkata West Bengal 700071 Phone : 91-98742 45045
Fax :

Email : compliance@megaflex.co.in

Website : www.megaflex.co.in

Initial public offer of 28,50,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Mega Flex Plastics Limited (the "Company" or the "Issuer") for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the "Issue Price"), aggregating to Rs.11.40 crores (""The Issue"), of which 1,44,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 0.58 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 27,06,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 10.82 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.52% and 25.18% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 40/- each i.e., 4 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares.

Issue

Opens On

Closes On

06-Sep-2022

09-Sep-2022

Money Payable On

Application

Allotment

40.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.92

11.40

10.75

40.00

Finshore Management Services Ltd

Projects

Working Capital Requirements

General Corporate Expenses

Promoted By

Channel Plastic Pvt Ltd

Rakesh Sethia

Mohan Lal Parakh

Listing At

NSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd