Comparison between Mega Flex Plastics IPO and Sabar Flex IPO.
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.
| Mega Flex Plastics IPO | Sabar Flex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rainbow Securities Pvt.Ltd. | Econo Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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.
| Mega Flex Plastics IPO | Sabar Flex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹11.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 10000 shares |
| Fresh Issue Size | 27,06,000 shares | 38,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.82 Cr | up to ₹4.25 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,06,000 shares | 38,60,000 shares |
| Issue Size Total (Amount) | up to ₹10.82 Cr | up to ₹4.25 Cr |
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 | |
|---|---|---|
| Anchor Bid Date | ||
| 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 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mega Flex Plastics IPO P/E ratio is 16.19, as compared to Sabar Flex IPO P/E ratio of 9.48.
| Mega Flex Plastics IPO | Sabar Flex IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.79 | 53.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.32 | 39.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.19 | 9.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹42.98 Cr. | ₹16.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹15.16 | ₹1.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.56 | 14.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,44,000 shares | 2,10,000 shares |
| QIB | ||
| NII | 13,53,000 shares | 19,30,000 shares |
| RII | 13,53,000 shares | 19,30,000 shares |
| Employee | ||
| Others | ||
| Total | 27,06,000 shares | 38,60,000 shares |
Mega Flex Plastics IPO subscribed 46.31x in total, whereas Sabar Flex IPO subscribed 85.47x.
| Mega Flex Plastics IPO | Sabar Flex IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 52.86x | 116.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 39.75x | 54.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 46.31x | 85.47x |
