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MEGAFLEXSME / NSEListed

Mega Flex Plastics Limited

Mega Flex Plastics Limited is primarily engaged in the manufacturing of Leno Bags used for packaging agricultural products such as potatoes, onions, garlic, coconuts, fruits, and vegetables, along with producing woven fabric and Sutli (fibrillated twisted thread). The company operates in two key segments—manufacturing Leno Bags, PP fabrics, and Sutli, and trading polypropylene granules. Its manufacturing facility is strategically located on NH-6, about 120 km from the Haldia international port and 30 km from the Kolkata port, ensuring strong connectivity and efficient logistics. Mega Flex markets its products under well-known brands like Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena, and also exports Leno Bags to European countries.

₹40 - ₹4046.27x sub
Listed Price54.00
Listing Gain+35.00%
TimelineFixed Price IPO
Open06 Sep 2022
Close09 Sep 2022
Allotment15 Sep 2022
Listing20 Sep 2022

Quota Reservation Portions

Market MakerPortion: 1,44,000 shares
5.05%
Nii (hni)Portion: 13,53,000 shares
47.47%
RetailPortion: 47.47 shares
47.47%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,20,000
HNI2 lots / 6,000 shares
₹2,40,000

About the Company

Mega Flex Plastics Limited is primarily engaged in the manufacturing of Leno Bags used for packaging agricultural products such as potatoes, onions, garlic, coconuts, fruits, and vegetables, along with producing woven fabric and Sutli (fibrillated twisted thread). The company operates in two key segments—manufacturing Leno Bags, PP fabrics, and Sutli, and trading polypropylene granules. Its manufacturing facility is strategically located on NH-6, about 120 km from the Haldia international port and 30 km from the Kolkata port, ensuring strong connectivity and efficient logistics. Mega Flex markets its products under well-known brands like Lenoflex, Kisan, Kisan Regular, Goldflex, Goldflex Lite, Tiger, Tiranga, and Hena, and also exports Leno Bags to European countries.

Company Promoters

M/s. Channel Plastics Private LimitedMr. Rakesh SethiaMr. Mohan Lal ParakhMr. Hukum Chand Bothra