Mega Flex Plastics IPO vs Shantidoot Infra Services IPO

Comparision between Mega Flex Plastics IPO and Shantidoot Infra Services IPO.

IPO Details

Mega Flex Plastics IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shantidoot Infra Services IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Mega Flex Plastics IPO	Shantidoot Infra Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Gretex Corporate Services Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Mega Flex Plastics IPO is up to ₹11.40 Cr whereas the issue size of the Shantidoot Infra Services IPO is up to ₹4.02 Cr. The final issue price of Mega Flex Plastics IPO is ₹40.00 per share and of Shantidoot Infra Services IPO is ₹81.00 per share.

	Mega Flex Plastics IPO	Shantidoot Infra Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹40.00 per share	₹81.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size	28,50,000 shares	2,48,000 shares
Fresh Issue Size (Amount)	up to ₹11.40 Cr	up to ₹2.01 Cr
OFS Issue Size		2,48,000 shares
OFS Issue Size (Amount)		up to ₹2.01 Cr
Issue Size Total	28,50,000 shares	4,96,000 shares
Issue Size Total (Amount)	up to ₹11.40 Cr	up to ₹4.02 Cr

IPO Timetable

Mega Flex Plastics IPO opens on Sep 06, 2022, while Shantidoot Infra Services IPO opens on Sep 06, 2022. The closing date of Mega Flex Plastics IPO and Shantidoot Infra Services IPO is Sep 09, 2022, and Sep 09, 2022, respectively.

	Mega Flex Plastics IPO	Shantidoot Infra Services IPO
Anchor Bid Date
Issue Open	Sep 06, 2022	Sep 06, 2022
Issue Close	Sep 09, 2022	Sep 09, 2022
Basis Of Allotment (Tentative)	Sep 14, 2022	Sep 14, 2022
Initiation of Refunds (Tentative)	Sep 15, 2022	Sep 15, 2022
Credit of Share (Tentative)	Sep 16, 2022	Sep 16, 2022
Listing date (Tentative)	Sep 19, 2022	Sep 19, 2022
Anchor Lockin End date 1	Oct 14, 2022	Oct 14, 2022
Anchor Lockin End date 2	Dec 13, 2022	Dec 13, 2022

Financials

Mega Flex Plastics IPO P/E ratio is 16.19, as compared to Shantidoot Infra Services IPO P/E ratio of 10.37.

Mega Flex Plastics IPO

Shantidoot Infra Services IPO

Financial

Mega Flex Plastics Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	2999.93	3343.16	219.85	2710.33	2534.89
31-Mar-21	3200.22	3108.53	128.87	2839.2	2663.75
31-Mar-22	3414.68	4739.16	265.93	3105.13	2929.68
Amount in ₹ Lakhs

Shantidoot Infra Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	66.08	219.33	2.81	7.81	2.81
31-Mar-21	186	415.81	8.53	16.34	11.34
31-Mar-22	352.65	762.13	140.39	156.73	151.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.79%

99.60%

Promoter Shareholding (Post-Issue)

73.32%

72.07%

P/E Ratio

16.19

10.37

Market Cap

₹42.98 Cr.

₹14.56 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mega Flex Plastics IPO retail investors (RII) are offered 13,53,000 shares while in Shantidoot Infra Services IPO retail investors are offered 13,53,000 shares. Qualified institutional buyers (QIB) are offered in Mega Flex Plastics IPO and in Shantidoot Infra Services IPO.

	Mega Flex Plastics IPO	Shantidoot Infra Services IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,44,000 shares	25,600 shares
QIB
NII	13,53,000 shares	2,35,200 shares
RII	13,53,000 shares	2,35,200 shares
Employee
Others
Total	27,06,000 shares	4,70,400 shares

Bids Received (Subscription)

Mega Flex Plastics IPO subscribed 46.31x in total, whereas Shantidoot Infra Services IPO subscribed 2.85x.

	Mega Flex Plastics IPO	Shantidoot Infra Services IPO
QIB (times)
NII (times)	52.86x	2.36x
Big NII (times)
Small NII (times)
RII (times)	39.75x	3.33x
Employee (times)
Other (times)
Total (times)	46.31x	2.85x

Compare with others

Mega Flex Plastics IPO	Shantidoot Infra Services IPO
Tapi Fruit Processing IPO	Varanium Cloud IPO
Annapurna Swadisht IPO	Tapi Fruit Processing IPO
Ishan International IPO	Annapurna Swadisht IPO
Sabar Flex India IPO	Ishan International IPO
Shantidoot Infra Services IPO	Sabar Flex India IPO
Viviana Power Tech IPO	Mega Flex Plastics IPO
Virtuoso Optoelectronics IPO	Viviana Power Tech IPO
EP Biocomposites IPO	Virtuoso Optoelectronics IPO
Dipna Pharmachem IPO	EP Biocomposites IPO
Ameya Engineers IPO	Dipna Pharmachem IPO

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