Purv Flexipack Limited IPO is an NSE SME IPO. They are going to raise ₹40.21 Crores via IPO. The issue is priced at ₹70. to ₹71 per equity share. The IPO is to be listed on NSE.
Purv Flexipack Limited IPO opens for subscription on February 27, 2024, and closes on February 29, 2024. The allotment for the Purv Flexipack Limited IPO is expected to be finalized on March 1, 2024. Purv Flexipack Limited IPO will list on NSE SME with tentative listing date fixed as Friday, March 5, 2024.
| IPO Details | allotment |
| Minimum Investment ₹113,600 /1 Lot (1600 shares) | Price Range ₹70-₹71 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹113,600 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 40.21 Cr | Employee Discount ₹0 |
| Total Issue Size 5,664,000 Shares (aggregating up to ₹40.21 Cr) | Share Holding Pree Issue 15,318,950 | Issue Type Book Bulit Issue IPO |
| Fresh Issue Share 5,664,000 Shares (aggregating up to ₹40.21 Cr) | Share Holding Post Issue 20,982,950 | Listing At NSE SME |
| Market Maker Portion 348,800 shares (Holani Consultants) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 27 Feb 2024 |
| Offer Ends | 29 Feb 2024 |
| Allotment | 01 March 2024 |
| Refunds | 04 March 2024 |
| Credit of shares to Demat account | 04 March 2024 |
| IPO Listing | 05 March 2024 |
About Purv Flexipack Limited
Incorporated in 2005, 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
They are dealer of various companies for the distribution of plastic-based products. In addition to the distribution business in plastic-based products, the company has one (1) subsidiary the company namely Cool Caps Industries Limited, an NSE SME Listed company, and four (4) down wholly owned subsidiary companies namely Purv Technoplast Private Limited, Purv Packaging Private Limited, Purv Ecoplast Private Limited, and Re.act Waste Tech Private Limited.
| Incorporated in | Managing Director |
| 2005 |
Share Holding
| Share Holding Pre-Issue | 92.17% |
| Share Holding Post-Issue | % |
Purv Flexipack Limited IPO Prospectus
| Purv Flexipack Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹34,107.83 | ₹22,943.81 | ₹13,780.26 |
| Assets | ₹25,852.83 | ₹18,146.73 | ₹15,417.62 |
| Profit | ₹826.13 | ₹626.73 | ₹567.50 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 148.98 Cr | ROE | 11.46% |
| P/E (X) | 13.17 | ROCE | 18.50% |
| POST P/E (X) | 17.32 | EPS | 5.39 |
| Debt to Equity | 1.62 | RONW | 10.84% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Repayment of certain existing fund-based borrowings in full or in part availed by the company from scheduled commercial banks.
- Funding working capital requirements of our Company.
- General Corporate Purposes.
Brokerage Firm IPO Review
- To be updated soon
| Purv Flexipack Limited Contact Details | |
| Address | Purv Flexipack Limited Annapurna Apartment, Suit 1C C, 1st Floor, 23 Sarat Bose Road, Kolkata-700020 |
| Phone: | +91 33 4070 3238 |
| cs@purvflexipack.in | |
| Website | https://www.purvflexipack.in/ |
| Purv Flexipack Limited IPO Registrar | |
| . | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| braceport.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/initial_offer/public-issues.html |
| Purv Flexipack Limited IPO Allotment Status Check |
| Purv Flexipack Limited IPO Allotment Status Check Click Here |
| Purv Flexipack Limited Lead Managers | |
| Holani Consultants Private limited B-15/16, Shiv Marg, Bani Park, Jaipur, Rajasthan-302016 | |
| Phone | +91 0141-2203995 |
| ipo@holaniconsultants.co.in | |
| Website | http://www.holaniconsultants.co.in |
Purv Flexipack Limited IPO FAQs
What is Purv Flexipack Limited IPO?
- Purv Flexipack Limited IPO is an NSE SME IPO. They are going to raise ₹40.21 Crores via IPO. The issue is priced at ₹70 to ₹71 per equity share. The IPO is to be listed on NSE.
- The IPO opens on February 27, 2024, and closes on February 29, 2024.
When Purv Flexipack Limited IPO will open?
- The IPO is to open on February 27, 2024, for QIB, NII, and Retail Investors. and closes on February 29, 2024
What is Purv Flexipack Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Purv Flexipack Limited IPO Size?
- Purv Flexipack Limited IPO size is ₹40.21 crores.
What is Purv Flexipack Limited IPO Price Band?
- Purv Flexipack Limited IPO Price Band is ₹70 to ₹71 per equity share.
What is Purv Flexipack Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹113,600. and Maximum Lot Size 1 Lots (1600 Shares) with ₹113,600
What is Purv Flexipack Limited IPO Allotment Date?
- Purv Flexipack Limited IPO allotment date is March 01, 2024.
What is Purv Flexipack Limited IPO Listing Date?
- Purv Flexipack Limited IPO listing date is March 05, 2024. The IPO to list on NSE.