Purv Flexipack IPO Details, Date, Review, Price

IPO Details, Date, Review, Price

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 DateFebruary 29, 2024
IPO SizeApprox ₹40.21 Crores
IPO Fresh IssueApprox ₹10 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹70 to ₹71 Per Every Share
IPO Listing OnNSE SME
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

PURV FLEXIPACK IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11600₹113,600
Retail Maximum11600₹113,600
S-HNI Minimum23200₹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 DateFeb 27, 2024
IPO Close DateFeb 29, 2024
Basis of AllotmentMarch 1, 2024
RefundsMarch 4, 2024
Credit to Demat AccountMarch 4, 2024
IPO Listing DateMarch 5, 2024

PURV FLEXIPACK FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
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 EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 20235.855.853
March 31, 20224.444.442
March 31, 20214.024.021
Weighted Average5.085.08

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

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