OUR BUSINESS
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, Purv Flexipack is a Del Credere Associate (DCA) Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division. We have a strong presence and dominance in the West Bengal territory.
Purv Flexipack offers various packaging solutions to a diverse customer base. We have our warehouse for storage and inventory management. The warehouse is equipped with modern facilities and equipment to ensure the safe and secure storage of our products. It is maintained under optimal conditions to preserve the quality and integrity of our products, and we have implemented strict inventory management systems to ensure accurate tracking of our inventory.
PURV FLEXIPACK IPO DATE & PRICE BAND DETAILS
IPO Open Date February 27, 2024 IPO Close Date February 29, 2024 IPO Size Approx ₹40.21 Crores IPO Fresh Issue Approx ₹10 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band ₹70 to ₹71 Per Every Share IPO Listing On NSE SME IPO Retail Quota 35% IPO QIB Quota 50% IPO NII Quota 15%
PURV FLEXIPACK IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 1600 ₹113,600 Retail Maximum 1 1600 ₹113,600 S-HNI Minimum 2 3200 ₹227,200
OBJECTS OF THE ISSUE
- Repayment of certain existing fund-based borrowings in full or in part availed by our company from scheduled commercial banks.
- Funding working capital requirements of our Company; and
- General corporate purposes.
PURV FLEXIPACK IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Feb 27, 2024 IPO Close Date Feb 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
PURV FLEXIPACK FINANCIAL REPORTS
₹ in Crores Year Revenue Expense PAT 2023 ₹341.08 ₹326.23 ₹8.26 2022 ₹229.44 ₹219.90 ₹6.27 2021 ₹137.80 ₹129.64 ₹5.68
OUR PROMOTERS
1. Rajeev Goenka
2. Poonam Goenka
3. Purv Logistics Private Limited
QUALITATIVE FACTOR
- Strong, experienced, and dedicated senior management and qualified workforce
- All Solutions Under One Roof
- Customization of different sizes of roll
- Service-Centric Culture
- Stocked up
- Long and Strong relationships with customers and suppliers and efficient Supply Chain management
- Infrastructure
- Strong and consistent financial performance
BASIC & DILUTED EARNINGS PER EQUITY SHARE (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 5.85 5.85 3 March 31, 2022 4.44 4.44 2 March 31, 2021 4.02 4.02 1 Weighted Average 5.08 5.08
PURV FLEXIPACK COMPANY CONTACT DETAILS
Annapurna Apartment, Suit 1C,
1st Floor, 23 Sarat Bose Road,
Kolkata- 700020 West Bengal.
Telephone: +91 33 4070 3238
E-mail: cs@purvflexipack.in
Website: www.purvflexipack.in
PURV FLEXIPACK IPO REGISTAR
Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
