3 - 4 minutes readMega Flex Plastics IPO Date

Mega Flex Plastics IPO Details: The opening and closing dates for Viviana Power Tech initial public offering are set: September 5 and September 8, 2022. In order to raise Rs. 8.80 crores through an IPO, Viviana Power Tech is a NSE & SME IPO. With a market lot of 2000 shares, the Viviana Power Tech IPO price band is set at Rs. 55.

Mega Flex Plastics IPO

Mega Flex Plastics IPO Details

IPO Opening DateSep 6, 2022
IPO Closing DateSep 9, 2022
Price BandRs. 40 per share
Lot Size3000 Shares
Issue Size (Rs. Cr.)2,850,000 shares of Rs. 10 (aggregating up to Rs. 11.40 Cr)
Fresh Issue2,850,000 shares of Rs. 10 (aggregating up to Rs. 11.40 Cr)
Face ValueRs. 10 per share
Issue TypeFixed Price Issue IPO
Exchange BoardNSE, SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Basis of Allotment DateSep 2022
Initiation of RefundsSep 2022
Credit of Shares to Demat AccountSep 2022
Viviana Power Tech IPO Listing DateSep 2022

Mega Flex Plastics IPO Date

Mega Flex Plastics IPO dates are announced. The IPO opening date is 6 Sep 2022 and closing date is 9 Sep 2022. The IPO allotment date is September and the IPO might list on September.

Mega Flex Plastics IPO Issue Size

Mega Flex Plastics IPO is going to list on NSE and SME. Mega Flex Plastics IPO issue size is Rs. 11.40 Cr or 2,850,000 shares. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread).

Mega Flex Plastics IPO Price

Mega Flex Plastics IPO is going to public in second week of Sep 2022. Mega Flex Plastics IPO price is Rs. 40 per equity share and issue type of Mega Flex Plastics IPO is Fixed Price Issue IPO.

Mega Flex Plastics IPO Lot Size

The Mega Flex Plastics IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or Rs. 120,000). The Mega Flex Plastics IPO minimum market lot is 3000 shares with a Rs. 120,000 application amount.

Mega Flex Plastics Allotment Date and Listing Date

The shares will be credited to applicants’ demat accounts on (To be announced) Sep 2022, and the company plans to list on the exchanges on (To be announced) Sep 2022.

About Mega Flex Plastics Limited IPO

Leno Bags, produced by Mega Flex Plastics Limited, are used to package agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. Additionally, the business produces woven fabric and sutli (Fibrillated Twisted Thread). Additionally, the company exports Leno Bags to European nations.

Manufacturing of Leno Bags, PP Fabrics, and Sutli (Fibrillated Twisted Thread) and trading of Polypropylene Granules are the company’s two main business divisions.

The company’s plant is strategically situated on NH-6, providing it with excellent connectivity and transportation options. It is only about 30 km from Kolkata Port and about 120 km from the international all-weather port of Haldia. Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena are some of the company’s brands.

Promoters of Mega Flex Plastics IPO

The Mega Flex Plastics IPO’s promoters are M/s. Channel Plastics Private Limited, Mr. Rakesh Sethia, Mr. Mohan Lal Parakh, and Mr. Hukum Chand Bothra.

Mega Flex Plastics IPO FAQs

What is Mega Flex Plastics IPO?

A SME IPO, Mega Flex Plastics’ 2,850,000 equity shares with a face value of 10 rupees can raise up to Rs. 11.40 crores. The price per share for the issue is 40 rupees. A minimum order of 3000 shares is required.

The IPO begins on September 6, 2022, and ends on September 9, 2022. The IPO’s registry is managed by Cameo Corporate Services Limited. It is proposed that the shares list on NSE SME.

When Mega Flex Plastics IPO will open?

The Mega Flex Plastics IPO is scheduled to start on September 6, 2022, and end on September 9, 2022.

What is the lot size of Mega Flex Plastics IPO?

Mega Flex Plastics IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

How to apply for Mega Flex Plastics IPO?

You can apply for the Mega Flex Plastics IPO online and pay with UPI or ASBA. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications.

When Mega Flex Plastics IPO allotment?

The Basis of Allotment for the Viviana Power Tech IPO will be finalized on (To be announced) Sep 2022, and the allotted shares will be credited to your demat account by (To be announced) Sep 2022.

When is Mega Flex Plastics IPO listing date?

The Basis of Allotment for the Mega Flex Plastics IPO will be finalized on (To be announced) Sep 2022, and the allotted shares will be credited to your demat account by (To be announced) Sep 2022.

Who is the registrar of Mega Flex Plastics IPO?

The registrar for Mega Flex Plastics IPO is Cameo Corporate Services Limited.

What is Mega Flex Plastics IPO Price Band?

Mega Flex Plastics IPO price is Rs. 40 per equity share.