Mega Flex Plastics IPO Subscription Details

Fixed Price IPO | ₹11 Cr | Listed at NSE SME | Tue, Sep 6, 2022 - Fri, Sep 9, 2022

Basis of Allotment - Mega Flex Plastics IPO

Details NII Retail Total
Allocation (No. of shares)13,53,00013,53,00027,06,000
Allotment price (Rs.)404040
No.of applications1,31117,81819,129
No.of shares applied6,96,99,0005,34,54,00012,31,53,000
Amount collected (Rs.cr.)278.80 213.82 492.61
No.of times subscribed51.5139.5145.51
No.of shares allotted13,53,00013,53,00027,06,000
Amount (Rs.cr.)5.41 5.41 10.82
No.of allottees276451727

IPO Shares Offered

Mega Flex Plastics IPO is a public issue of 0.27 Cr equity shares. The issue offers 0.14 Cr shares to retail investors , 0.14 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,44,0000.58 5.05%
Other 13,53,0005.41 47.47%
Retail13,53,0005.41 47.47%
Total28,50,00011.40 100%

IPO Subscription FAQs

The Mega Flex Plastics IPO is subscribed 46.306 times by Sep 09, 2022 19:00.

Mega Flex Plastics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional52.8581
Retail Individual39.7539
Total Subscription46.306

Retail category of Mega Flex Plastics IPO subscribed 39.7539 times as of date Sep 09, 2022 19:00. The public issue closes on Fri, Sep 9, 2022 for bidding.

An investor can apply in Mega Flex Plastics IPO online via bank (using ASBA) or the broker (using UPI). The Mega Flex Plastics IPO shares are offered online only.

The Mega Flex Plastics IPO is subscribed 46.306 times by Sep 09, 2022 19:00.

The Mega Flex Plastics IPO allotment status is expected on or around Wednesday, September 14, 2022. Visit Mega Flex Plastics IPO allotment status to check.

The Mega Flex Plastics IPO listing date is September 19, 2022. The equity share of Mega Flex Plastics IPO will list on NSE SME.

Visit Mega Flex Plastics IPO subscription status page for real-time bidding information about Mega Flex Plastics IPO.

Mega Flex Plastics IPO Timetable

IPO opens OnTuesday, September 6, 2022
IPO Closes OnFriday, September 9, 2022
Finalisation of Basis of AllotmentWednesday, September 14, 2022
Initiation of RefundsThursday, September 15, 2022
Credit of Shares to Demat AccountFriday, September 16, 2022
IPO Listing DateMonday, September 19, 2022
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