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Mega Flex Plastics Limited logo

Mega Flex Plastics Limited IPO

SME IPOListedMEGAFLEXNSE
Current Market Price (CMP)
₹35.70(-10.75%)
Current Price (CMP)
₹35.70(-10.75%)

Live Market Quote

Listing Price & Gain
₹54(+35.00%)

Day 1 Exchange Open

IPO Issue Price
₹40

Band: ₹40

Total Subscription
43.97x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
06 Sept 2022
IPO Bidding Closes
09 Sept 2022
Allotment & Refunds
Completed
Exchange Listing Day
19 Sept 2022

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 43.97x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription43.97x
Updated as on 09-Sep-2022 19:00:00

Listing Day & Return Performance

Listing Day Gain+35.00%
₹40 (Issue) → ₹54 (List)
Per share profit: +₹14.00
Holding Return (Till Date)-10.75%
₹40 (Issue) → ₹35.70 (CMP)
Net gain per share: ₹-4.30
Post-Listing Performance (Listing Day → Today):-33.89%

About Mega Flex Plastics Limited IPO

Mega Flex Plastics Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 06 Sept 2022 and concluded on 09 Sept 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹40.

During the bidding window, Mega Flex Plastics Limited witnessed heavy demand with an overall subscription of 43.97 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Mega Flex Plastics Limited officially debuted on the stock exchanges on 19 Sept 2022 at an opening listing price of ₹54, delivering a listing day return of +35.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹35.70, representing an overall decline of -10.75% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Mega Flex Plastics Limited IPO?
The issue price of Mega Flex Plastics Limited IPO was fixed at ₹40 per equity share. The indicative bidding price band was ₹40.
What were the open, close, and listing dates for Mega Flex Plastics Limited IPO?
Mega Flex Plastics Limited IPO opened on 06 Sept 2022, closed on 09 Sept 2022, listed on 19 Sept 2022.
How much was Mega Flex Plastics Limited IPO subscribed?
The IPO received an overall subscription of 43.97 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Mega Flex Plastics Limited IPO?
Mega Flex Plastics Limited IPO listed on the stock exchange at ₹54, delivering a listing gain of 35.00% compared to the IPO issue price of ₹40.
Is Mega Flex Plastics Limited IPO a Mainboard or SME IPO?
Mega Flex Plastics Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Mega Flex Plastics Limited IPO since its IPO?
At the latest market quote of ₹35.70, Mega Flex Plastics Limited IPO has generated an all-time return of -10.75% since its initial public offering.

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