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:-

ParticularsValue
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 :-

ParticularsValue
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 Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets28,315.6425,852.8318,146.7315,417.62
Revenue13,935.7934,107.8322,943.8113,780.26
Profit After Tax430.13826.13626.73567.50
Net Worth8,152.427,619.226,793.095,898.36
Reserves and Surplus6,740.546,207.345,381.214,486.48
Total Borrowing15,013.9612,350.988,340.107,077.77

Key Performance Indicator :-

ParticularsValue
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 :-

ParticularsLink
Purv Flexipack Limited IPO DHRP:-Click Here
Purv Flexipack Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
23-02-2024 121192170.42%
24-02-2024 125196176.06%
25-02-2024 125196176.06%
26-02-2024 125196176.06%
27-02-2024115186161.97%
28-02-2024 113184159.15%
29-02-2024112183157.75%
01-03-2024125196176.06%
02-03-2024 125196176.06%
03-03-2024 125196176.06%
04-03-2024 130201183.1%
05-03-2024130201183.1%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 27, 20240.2446.5097.6546.5046.5059.27
February 28, 20246.04116.30232.87116.30116.30144.07
February 29, 2024157.32 690.72448.73690.72690.72421.78

Allotment Status:-

ParticularsLink
Check Allotment Status (available on March 1, 2024)Click Here

Listing Details :-

ParticularsValue
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

Purv Flexipack Limited IPO FAQ :-

What is the opening date for Purv Flexipack Limited IPO?

The Purv Flexipack Limited IPO opens on February 27, 2024.

What is the closing date for Purv Flexipack Limited IPO?

The Purv Flexipack Limited IPO closes on February 29, 2024.

When will the shares be allotted for Purv Flexipack Limited IPO?

Shares of Purv Flexipack Limited IPO will be allotted on March 1, 2024.

What is the listing date for Purv Flexipack Limited IPO?

The listing date for Purv Flexipack Limited IPO is March 5, 2024.

What is the price/ price range for Purv Flexipack Limited IPO?

The price/ price range for Purv Flexipack Limited IPO is ₹70 to ₹71.

What is the minimum lot size for the Purv Flexipack Limited IPO?

The minimum lot size for Purv Flexipack Limited IPO is 1600 shares.

What is the minimum investment required for retail investors in the Purv Flexipack Limited IPO?

The minimum investment required for retail investors in the Purv Flexipack Limited IPO is ₹1,13,600.

What type of IPO is the Purv Flexipack Limited IPO?

The type of Purv Flexipack Limited IPO is SME.

What is the total issue size of the Purv Flexipack Limited IPO?

The total issue size of Purv Flexipack Limited IPO is ₹40.21 Crore.

How many shares are being offered in the Purv Flexipack Limited IPO?

Total 56,64,000 shares are being offered in the Purv Flexipack Limited IPO.

What is the face value of Purv Flexipack Limited IPO share?

The face value of Purv Flexipack Limited IPO share is ₹10.

What is the market capitalization of the Purv Flexipack Limited IPO?

The market capitalization of the Purv Flexipack Limited IPO is ₹148.98 Crore.

Who is the registrar for the Purv Flexipack Limited IPO?

The registrar for the Purv Flexipack Limited IPO is Link Intime India Private Ltd.

Where can I check the IPO Allotment status for Purv Flexipack Limited IPO?

You can check the IPO Allotment status for Purv Flexipack Limited IPO at https://linkintime.co.in/initial_offer/public-issues.html.

What is the email address and website of Purv Flexipack Limited IPO?

The email address of Purv Flexipack Limited IPO is cs@purvflexipack.in and website is https://www.purvflexipack.in/.

What is the Purv Flexipack Limited IPO GMP (Grey Market Premium) as of 05-03-2024?

The latest GMP for Purv Flexipack Limited IPO is ₹130 as of 05-03-2024.