Purv Flexipack Ltd
Price Range
₹70 - ₹71
Min. Quantity
1,600
Closes on
29 February 2024
Min. investment
₹1,13,600/1,600 Shares
Purv Flexipack Ltd IPO Timeline
Purv Flexipack Ltd was originally incorporated as 'Purv Flexipack Private Limited' at Kolkata as a Private Company, dated May 11, 2005, issued by the RoC, West Bengal. Subsequently, Company converted into a Public Company and the name of the Company was changed to 'Purv Flexipack Limited' and a fresh Certificate of Incorporation was issued by the RoC, Kolkata on August 03, 2023.
| Event | Date |
|---|---|
| Purv Flexipack Ltd IPO Opening Date | 27 February 2024 |
| Purv Flexipack Ltd IPO Closing Date | 29 February 2024 |
| Basis of Allotment | 1 March 2024 |
| Initiation of Refunds | 4 March 2024 |
| Credit of Shares to Demat | 4 March 2024 |
| Purv Flexipack Ltd IPO Listing Date | 5 March 2024 |
Purv Flexipack Ltd IPO Details
| Purv Flexipack Ltd IPO Date | 27 February 2024 to 29 February 2024 |
| Purv Flexipack Ltd IPO Face Value | ₹10 per share |
| Purv Flexipack Ltd IPO Price | ₹70 to ₹71 per share |
| Purv Flexipack Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹40.21 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹40.21 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Purv Logistics Pvt Ltd, Rajeev Goenka, Poonam Goenka |
Purv Flexipack Ltd IPO Lot Size
The Purv Flexipack Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,13,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,13,600 |
| Maximum | 1 | 1,600 | ₹1,13,600 |
- Strengths
- Risks
- Opportunities
- Strong, experienced, and dedicated senior management and qualified workforce.
- All Solution under One Roof.
- Customization of different size of roll.
- Service-Centric Culture.
- Stocked up.
- Long and Strong relationship with customers and supplier and efficient Supply Chain management.
- Infrastructure.
- Strong and consistent financial performance.
Company Financials
Purv Flexipack Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 179.89 | 115.34 | 3.83 |
| 03-2023 | 136.23 | 163.91 | 5.52 |
| 03-2022 | 115.46 | 177.13 | 4.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of existing borrowings availed by the company from scheduled commercial bank
- Funding the working capital requirement of the company
- General corporate purposes
Purv Flexipack Ltd IPO Promoter Holding
| Pre Issue Share Holding | 60.99% |
| Post Issue Share Holding | 44.52% |
Purv Flexipack Ltd IPO Subscription Status (Bidding Detail)
The Purv Flexipack Ltd IPO is subscribed 283.3237 times on 29 February 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 283.3237 |
Purv Flexipack Ltd IPO Prospectus
Purv Flexipack Ltd IPO Listing Date
| Listing Date | 5 March 2024 |
| BSE Script | 92294 |
| NSE Symbol | PURVFLEXI |
| Listing In | NSE - SME |
| ISIN | INE0R6C01012 |
| IPO Price | ₹71 |
| Face Value | ₹10 |
Company Contact Information
Annapurna Apartment Suit 1C1st Flr 23 Sarat Bose Road,Kolkata-700020
Phone: +91 33 4070 3238
Email: info@purv.in
Website: www.purvflexipack.in
Purv Flexipack Ltd IPO Registrar
Purv Flexipack Ltd IPO Lead Manager(s)
- Holani Consultants Pvt Ltd
FAQ
What is the issue size of Purv Flexipack Ltd IPO?
I have pre-applied for Purv Flexipack Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.