IPO

Purv Flexipack Limited IPO

NSE SME

Listed On: Mar 5, 2024 at ₹ 260.0

₹ 113600 /1600 Shares

Check Allotment

Purv Flexipack Limited IPO Details

27 Feb, 2024

Open Date

29 Feb, 2024

Close Date

01 Mar, 2024

Allotment Date

05 Mar, 2024

Listing Date

Issue Price

₹70-71 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

260.0

Listing Date

2024-03-05

Market Lot

1600 Shares (₹113,600/-)

Lead Manager

Holani Consultants Private Limited

Issue Size

5,664,000 shares(aggregating up to ₹40.21 Cr)

Retail Portion

35%

Subscription

421.88 times

IPO Docs

RHP

Purv Flexipack Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,052,800 / 844,8001,900,8003,798,400
Day 1 - 27-02-24 06:00 PM0.24 / 46.50 x97.65 x59.27 x
Day 2 - 28-02-24 06:00 PM6.04 / 116.43 x234.08 x144.71 x
Day 3 - 29-02-24 06:00 PM157.32 / 691.13 x448.75 x421.88 x

Purv Flexipack Limited Valuations

EPS Pre IPO

₹5.39/-

EPS Post IPO

₹4.1/-

P/E Pre IPO

13.17

P/E Post IPO

17.32

RoNW

10.84%

Purv Flexipack Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets25,852.8318,146.7315,417.62
Revenue34,107.8322,943.8113,780.26
Profit After Tax826.13626.73567.50

About The Company

Purv Flexipack Limited distributes plastic products, including BOPP film, Polyester Films, CPP films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide.

The product portfolio of the company comprises Plastic Granules, Biaxially oriented polypropylene (BOPP) Films, HS BOPP, Matt BOPP, Glossy / Plain / Printing Grade BOPP, Tape and Textile BOPP, Pearlized, BOPP, Polyester Films, Cast Polypropylene (CPP) Films

The company provides various packaging solutions for a diverse customer base. They have four warehouses for storing and managing inventory. The warehouse is equipped with modern facilities and equipment to ensure safe and secure storage of products. It is maintained under optimal conditions to preserve the quality and integrity of the stored items. Also, the company has implemented strict inventory management systems to ensure accurate inventory tracking.

As of December 31,2023, the company has 28 employees in various departments including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.

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Purv Flexipack Limited - Promoter(s)

Pre Issue Share Holding: 92.17%

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr. Rajeev Goenka
  2. Mrs. Poonam Goenka
  3. M/s Purv Logistics Private Limited

Purv Flexipack Limited IPO - Issue Objectives

  1. Repayment of existing borrowings availed by the company from scheduled commercial banks.
  2. Funding working capital requirements
  3. General corporate purposes.

Purv Flexipack Limited IPO - FAQs

Ans. Purv Flexipack Limited IPO is a SME IPO. The issue is priced at ₹70-71 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Feb 27, 2024, and closes on Feb 29, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Purv Flexipack Limited IPO opens on Feb 27, 2024 and closes on Feb 29, 2024.

Ans. The size of Purv Flexipack Limited IPO is 5,664,000 shares(aggregating up to ₹40.21 Cr).

Ans. The IPO price band is set between ₹70-71 per equity share.

Ans. To apply for Purv Flexipack Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Purv Flexipack Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Purv Flexipack Limited IPO is Mar 1, 2024.

Ans. The Purv Flexipack Limited IPO will be listed on Mar 5, 2024.

Ans. Follow the steps to check the allotment status for Purv Flexipack Limited IPO here.