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Mega Flex Plastics IPO vs Tapi Fruit Processing IPO

Comparison between Mega Flex Plastics IPO and Tapi Fruit Processing IPO.

IPO Details

Mega Flex Plastics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tapi Fruit Processing IPO is a SME Fixed Price proposed to list at NSE SME.

 Mega Flex Plastics IPOTapi Fruit Processing IPO
LogoMega Flex Plastics IPO LogoTapi Fruit Processing IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Fedex Securities Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerRainbow Securities Pvt.Ltd.Pure Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Tapi Fruit Processing IPO is up to ₹4.92 Cr. The final issue price of Mega Flex Plastics IPO is ₹40.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.

 Mega Flex Plastics IPOTapi Fruit Processing IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹40.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size27,06,000 shares10,26,000 shares
Fresh Issue Size (Amount)up to ₹10.82 Crup to ₹4.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,06,000 shares10,26,000 shares
Issue Size Total (Amount)up to ₹10.82 Crup to ₹4.92 Cr

IPO Timetable

Mega Flex Plastics IPO opens on Sep 06, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Mega Flex Plastics IPO and Tapi Fruit Processing IPO is Sep 09, 2022, and Sep 14, 2022, respectively.

 Mega Flex Plastics IPOTapi Fruit Processing IPO
Anchor Bid Date
Issue OpenSep 06, 2022Sep 12, 2022
Issue CloseSep 09, 2022Sep 14, 2022
Basis Of Allotment (Tentative)Sep 14, 2022Sep 19, 2022
Initiation of Refunds (Tentative)Sep 15, 2022Sep 20, 2022
Credit of Share (Tentative)Sep 16, 2022Sep 21, 2022
Listing date (Tentative)Sep 19, 2022Sep 22, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mega Flex Plastics IPO P/E ratio is 16.19, as compared to Tapi Fruit Processing IPO P/E ratio of 120.

 Mega Flex Plastics IPOTapi Fruit Processing IPO
Financials
Mega Flex Plastics Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-202999.933343.16219.852710.332534.89
31-Mar-213200.223108.53128.872839.22663.75
31-Mar-223414.684739.16265.933105.132929.68
Amount in ₹ Lakhs
Tapi Fruit Processing Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20589.181145.69-0.8617.36-7.64
31-Mar-21737.41312.510.0627.422.42
31-Mar-22802.881522.0915.643.0218.02
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.7999.94
Promoter Shareholding (Post-Issue)73.32
P/E Ratio16.19120
Market Cap₹42.98 Cr.₹18.79 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Mega Flex Plastics IPO Retail Individual Investors (RII) are offered 13,53,000 shares while in Tapi Fruit Processing IPO retail investors are offered 13,53,000 shares. Qualified Institutional Buyers (QIB) are offered in Mega Flex Plastics IPO and in Tapi Fruit Processing IPO.

 Mega Flex Plastics IPOTapi Fruit Processing IPO
Anchor Investor Reserveration
Market Maker Reserveration1,44,000 shares60,000 shares
QIB
NII13,53,000 shares5,13,000 shares
RII13,53,000 shares5,13,000 shares
Employee
Others
Total27,06,000 shares10,26,000 shares

Bids Received (Subscription)

Mega Flex Plastics IPO subscribed 46.31x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.

 Mega Flex Plastics IPOTapi Fruit Processing IPO
QIB (times)
NII (times)52.86x1.93x
Big NII (times)
Small NII (times)
RII (times)39.75x3.32x
Employee (times)
Other (times)
Total (times)46.31x2.62x