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Mega Flex Plastics Limited
Sep 6, 2022 - Sep 9, 2022
| Price | ₹40 - ₹40 |
| Premium | ₹27 |
|---|---|
| Lot size | 3000 |
| Allotment | Sep 15, 2022 |
| Listing | Sep 20, 2022 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 120000 | 0 |
| HNI | 2 | 6000 | 240000 | 0 |
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 52.86 |
| Retail Investors | 39.68 |
| Employees | [.] |
| Others | [.] |
| Total | 46.27 |
Mega Flex Plastics Limited is primarily engaged in manufacturing of Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread).
The company operates in two segments: Manufacturing of Leno Bags, PP Fabrics, Sutli (Fibrillated Twisted Thread) and trading of Polypropylene Granules.
The company's plant is strategically located on NH-6, about 120 km from the international all-weather port of Haldia and around 30 km from Kolkata port, which gives it excellent connectivity and transport facilities. The company's brands include Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena.
The company also export Leno Bags to European countries.
Competitive Strengths:
- Organizational stability along with management expertise.
- Smooth flow of operations.
- Well-defined organizational structure.
- Existing Supplier Relationship.
- Wide range of Products.
Company Financials
| Period | Assets | Revenue | Profit | Reserves |
|---|---|---|---|---|
| Mar-20 | 2999.93 | 3343.16 | 219.85 | 2534.89 |
| Mar-21 | 3200.22 | 3108.53 | 128.87 | 2663.75 |
| Mar-22 | 3414.68 | 4739.16 | 265.93 | 2929.68 |
| Amount in ₹ Lakhs | ||||
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/