Comparison between Mega Flex Plastics IPO and Sabar Flex IPO.
IPO Details
Mega Flex Plastics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sabar Flex IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Mega Flex Plastics IPO is up to ₹10.82 Cr whereas the issue size of the Sabar Flex IPO is up to ₹4.25 Cr. The final issue price of Mega Flex Plastics IPO is ₹40.00 per share and of Sabar Flex IPO is ₹11.00 per share.
IPO Timetable
Mega Flex Plastics IPO opens on Sep 06, 2022, while Sabar Flex IPO opens on Sep 08, 2022. The closing date of Mega Flex Plastics IPO and Sabar Flex IPO is Sep 09, 2022, and Sep 13, 2022, respectively.
| | Mega Flex Plastics IPO | Sabar Flex IPO |
|---|
| Issue Open | Sep 06, 2022 | Sep 08, 2022 |
| Issue Close | Sep 09, 2022 | Sep 13, 2022 |
| Basis Of Allotment (Tentative) | Sep 14, 2022 | Sep 16, 2022 |
| Initiation of Refunds (Tentative) | Sep 15, 2022 | Sep 19, 2022 |
| Credit of Share (Tentative) | Sep 16, 2022 | Sep 20, 2022 |
| Listing date (Tentative) | Sep 19, 2022 | Sep 21, 2022 |
Financials & KPIs
Mega Flex Plastics IPO P/E ratio is 16.19, as compared to Sabar Flex IPO P/E ratio of 9.48.
Shares Offered
In the Mega Flex Plastics IPO Retail Individual Investors (RII) are offered 13,53,000 shares while in Sabar Flex IPO retail investors are offered 13,53,000 shares. Qualified Institutional Buyers (QIB) are offered in Mega Flex Plastics IPO and in Sabar Flex IPO.
| | Mega Flex Plastics IPO | Sabar Flex IPO |
|---|
| Market Maker Reservation | 1,44,000 shares | 2,10,000 shares |
| NII | 13,53,000 shares | 19,30,000 shares |
| RII | 13,53,000 shares | 19,30,000 shares |
| Total | 27,06,000 shares | 38,60,000 shares |
Bids Received (Subscription)
Mega Flex Plastics IPO subscribed 46.31x in total, whereas Sabar Flex IPO subscribed 85.47x.
