Purv Flexipack primarily engages in the distribution of various plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. In addition, the company is a Del Credere Associate (DCA) Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division.
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.
Objects of the Issue:
- 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.
Purv Flexipack IPO Review
- To be updated soon
Purv Flexipack IPO Date & Price Band Details
| IPO Open: | February 27, 2024 |
| IPO Close: | February 29, 2024 |
| IPO Size: | Approx ₹40.21 Crores, 5,664,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 to ₹71 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Purv Flexipack IPO Market Lot
The Purv Flexipack IPO minimum market lot is 1,600 shares with a ₹113,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,600 | ₹113,600 |
| Retail Maximum | 1 | 1,600 | ₹113,600 |
| S-HNI Minimum | 2 | 3,200 | ₹227,200 |
Purv Flexipack IPO Dates
The Purv Flexipack IPO date is February 27 and the IPO close date is February 29. The IPO allotment date is March 1 and the IPO might list on March 5.
| IPO Open Date: | February 27, 2024 |
| IPO Close Date: | February 29, 2024 |
| Basis of Allotment: | March 1, 2024 |
| Refunds: | March 4, 2024 |
| Credit to Demat Account: | March 4, 2024 |
| IPO Listing Date: | March 5, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Purv Flexipack IPO Form
How to apply Purv Flexipack IPO? You can apply Purv Flexipack IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Purv Flexipack IPO in the Invest section. The other option you can apply Purv Flexipack IPO via IPO forms download via the NSE website. Check out the Purv Flexipack forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Purv Flexipack Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹137.80 | ₹129.64 | ₹5.68 |
| 2022 | ₹229.44 | ₹219.90 | ₹6.27 |
| 2023 | ₹341.08 | ₹326.23 | ₹8.26 |
| Sep 2023 | ₹139.36 | ₹132.10 | ₹4.30 |
Purv Flexipack IPO Valuation – FY2023
Check Purv Flexipack IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹5.85 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 10.84% |
| Net Asset Value (NAV): | ₹53.97 per Equity Share |
Peer Group
- Sah Polymers Limited
Company Promoters
- Mr. Rajeev Goenka
- Mrs. Poonam Goenka
- M/s Purv Logistics Private Limited
Purv Flexipack IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Purv Flexipack IPO Allotment Status
Check Purv Flexipack IPO allotment status on LinkIntime website URL. Click Here
Purv Flexipack IPO Lead Managers aka Merchant Bankers
- Holani Consultants Private Limited
Company Address
Purv Flexipack Limited
Annapurna Apartment, Suit 1C
C, 1st Floor, 23 Sarat Bose Road,
Kolkata-700020
Phone: +91 33 4070 3238
Email: [email protected]
Website: https://www.purvflexipack.in/
