IPO Synopsis

Mega Flex Plastics Ltd
Registered Office: 4 Ho Chi Minh Sarani,Suite-2A 2nd Floor,Kolkata-700071, West Bengal
Tel. No: 91-98742 45045
Fax No:
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 Money Payable On
Opens On Closes On Application Allotment
06-Sep-2022 09-Sep-2022 ₹40.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 10.92 Finshore Management Services Ltd
Project Financed through Current Offer 11.40
Post Issue Equity Share Capital 10.75
Issue Price 40.00
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