Purv Flexipack Limited IPO
Purv Flexipack Limited IPO bidding starts from February 27, 2024 and ends 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 March 5, 2024. Purv Flexipack Limited IPO price band is set at ₹70 to ₹71 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1,13,600.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 27, 2024 |
Close Date:- | February 29, 2024 |
Allotment Date:- | March 1, 2024 |
Listing Date:- | March 5, 2024 |
About Purv Flexipack Limited :-
Established in 2005, Purv Flexipack Limited specializes in distributing a range of plastic products, encompassing BOPP film, Polyester Films, CPP films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acetate, and Titanium Dioxide.
The company's product lineup includes Plastic Granules, Biaxially oriented polypropylene (BOPP) Films, HS BOPP, Matt BOPP, Glossy/Plain/Printing Grade BOPP, Tape and Textile BOPP, Pearlized BOPP, Polyester Films, and Cast Polypropylene (CPP) Films.
Purv Flexipack Limited caters to a diverse clientele with various packaging solutions. It operates four warehouses outfitted with modern amenities and equipment to ensure the safe storage and management of inventory. These facilities are meticulously maintained to uphold optimal conditions, thereby preserving the quality and integrity of stored goods. Furthermore, the company has implemented rigorous inventory management systems to maintain precise tracking of inventory levels.
As of December 31, 2023, the company employs 28 individuals across different departments, including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality Assurance, Top-Level Management, and Permanent Labor.
Contact Details :-
Address:- Purv Flexipack Limited Annapurna Apartment, Suit 1C C, 1st Floor, 23 Sarat Bose Road, Kolkata-700020
Phone:- +91 33 4070 3238
E-mail:- cs@purvflexipack.in
Website:- https://www.purvflexipack.in/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹70 to ₹71 |
Lot Size:- | 1600 |
Minimum Amount for 1 Lot:- | ₹1,13,600 |
Listing At:- | NSE SME |
Total issue of Shares:- | 56,64,000 |
Total issue Size:- | ₹40.21 Crore |
Fresh issue of Shares:- | 56,64,000 |
Fresh issue Size:- | ₹40.21 Crore |
Face Value:- | ₹10 per Equity Share |
Retail Quota:- | 35% |
QIB Quota:- | 50% |
NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 28,315.64 | 25,852.83 | 18,146.73 | 15,417.62 |
Revenue | 13,935.79 | 34,107.83 | 22,943.81 | 13,780.26 |
Profit After Tax | 430.13 | 826.13 | 626.73 | 567.50 |
Net Worth | 8,152.42 | 7,619.22 | 6,793.09 | 5,898.36 |
Reserves and Surplus | 6,740.54 | 6,207.34 | 5,381.21 | 4,486.48 |
Total Borrowing | 15,013.96 | 12,350.98 | 8,340.10 | 7,077.77 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 148 |
ROE:- | 11.46% |
ROCE:- | 18.50% |
Debt/Equity:- | 1.62 |
RoNW:- | 10.84% |
IPO Registrar :-
Name:- Link Intime India Private Ltd
Website:- https://linkintime.co.in/initial_offer/public-issues.html
IPO Prospectus :-
Particulars | Link |
---|---|
Purv Flexipack Limited IPO DHRP:- | Click Here |
Purv Flexipack Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
23-02-2024 | ₹121 | ₹192 | 170.42% |
24-02-2024 | ₹125 | ₹196 | 176.06% |
25-02-2024 | ₹125 | ₹196 | 176.06% |
26-02-2024 | ₹125 | ₹196 | 176.06% |
27-02-2024 | ₹115 | ₹186 | 161.97% |
28-02-2024 | ₹113 | ₹184 | 159.15% |
29-02-2024 | ₹112 | ₹183 | 157.75% |
01-03-2024 | ₹125 | ₹196 | 176.06% |
02-03-2024 | ₹125 | ₹196 | 176.06% |
03-03-2024 | ₹125 | ₹196 | 176.06% |
04-03-2024 | ₹130 | ₹201 | 183.1% |
05-03-2024 | ₹130 | ₹201 | 183.1% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
February 27, 2024 | 0.24 | 46.50 | 97.65 | 59.27 |
February 28, 2024 | 6.04 | 116.30 | 232.87 | 144.07 |
February 29, 2024 | 157.32 | 690.72 | 448.73 | 421.78 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on March 1, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | March 5, 2024 |
NSE Symbol :- | PURVFLEXI |
ISIN:- | INE0R6C01012 |
Final Issue Price:- | ₹71.00 |
Open:- | ₹260.00 |
Low:- | ₹247.00 |
High:- | ₹273.00 |
Close:- | ₹247.00 |
Comments
Login to write a comment