Purv Flexipack IPO Details | GMP, Date, Price, Review

Purv Flexipack IPO

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Purv Flexipack IPO Details ( Purv Flexipack Limited IPO Review )

(27 Feb 2024 – 29 Feb 2024)

Established in 2005, Purv Flexipack Limited specializes in distributing plastic products such as BOPP film, Polyester Films, CPP films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide.

Our product range 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.

We offer diverse packaging solutions to cater to a wide range of customers. With four warehouses, we ensure efficient storage and inventory management. Equipped with modern facilities and equipment, our warehouses maintain optimal conditions to preserve the quality and integrity of our products. Our strict inventory management systems guarantee accurate tracking.

As of December 31, 2023, our team consists of 28 employees across various departments, including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.

Purv Flexipack Limited IPO Competitive Strength

  • 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
  • Industry Knowledge and Expertise

Purv Flexipack IPO Financials Performance ( Results )

Purv Flexipack Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthReservesBorrowing

Objective of Purv Flexipack IPO Issue

  • Repayment of existing borrowings availed by the company from scheduled commercial banks.
  • Funding working capital requirements; and
  • General corporate purposes.

Purv Flexipack IPO Basic Details

IPO DateFeb 27, 2024 to Feb 29, 2024
Listing DateTuesday, March 5, 2024
Face Value₹10 per share
Price₹70 to ₹71 per share
Lot Size1600 Shares
Issue Size5,664,000 shares of ₹10
(aggregating up to ₹40.21 Cr)
Fresh Issue5,664,000 shares of ₹10
(aggregating up to ₹40.21 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue15,318,950
Share holding post issue20,982,950
Company PromotersMr. Rajeev Goenka, Mrs. Poonam Goenka
and M/s Purv Logistics Private Limited

Purv Flexipack IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% of the Net Issue

Purv Flexipack IPO Timetable

Purv Flexipack IPO will open on February 27, 2024 and close on February 29, 2024. You can join Purv Flexipack IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date27 February 2024 (Tuesday)
Closing Date29 February 2024 (Thursday)
Basis of Allotment1 March 2024 (Friday)
Initiation of Refunds4 March 2024 (Monday)
Credit of Shares to Demat4 March 2024 (Monday)
Listing Date5 March 2024 (Tuesday)
Deadline for UPI mandate confirmation5 PM on 29 February 2024

Purv Flexipack IPO Lot Size

For retail investors in Purv Flexipack IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹113,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹113,600.

Retail (Min)11600₹113,600
Retail (Max)11600₹113,600
S-HNI (Min)23,200₹227,200

Purv Flexipack IPO Promoter Holding

The company’s promoters include Mr. Rajeev Goenka, Mrs. Poonam Goenka and M/s Purv Logistics Private Limited.

Pre Issue Share Holding92.17%
Post Issue Share Holding

Purv Flexipack Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)148.98
Earning Per Share (EPS)₹5.85 per Equity Share
Net Asset Value (NAV)₹53.97 per Equity Share
P/E Ratio (P/E) (x)13.17
Post P/E Ratio (P/E) (x)17.32
Return on Net Worth (RoNW) (%)10.84
Return on equity (ROE) (%)11.46
Return on Capital Employed (ROCE) (%)18.50
Debt/Equity Ratio1.62
Price/Book Value Ratio1.32

Purv Flexipack Ltd Peer Comparison

Company NameConsolidated/
Purv Flexipack LimitedConsolidated105.8517.3210.8453.97
Peer Group
Sah Polymers LimitedConsolidated102.1054.954.2933.95

Purv Flexipack IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
22 February 2024₹82

Purv Flexipack IPO Detail Video:

Purv Flexipack IPO Subscription Status (Bidding Detail)

The Purv Flexipack IPO on February 29, 2024 at 7:00:00 PM was subscribed 421.78 times, with the retail category being subscribed 448.73 times, the NII (Non-Institutional Investor) category being subscribed 690.72 times, QIB (Qualified-Institutional Buyers) category being subscribed 157.32 times.


Purv Flexipack IPO Prospectus

Purv Flexipack IPO DRHPDownload
Purv Flexipack IPO RHPDownload
Purv Flexipack IPO Anchor Investors Details PDFDownload

Purv Flexipack IPO Rating

Our Rating4.0/5.0

Purv Flexipack Company Contact Information

Purv Flexipack Limited

Purv Flexipack Limited

Registered and Corporate Office: Annapurna Apartment, Suit 1C, 1st Floor, 23 Sarat Bose Road, Kolkata- 700020 West Bengal.
Tel. No.: +91 33 4070 3238
E-mail: info@purv.in
Website: www.purvflexipack.in
Contact Person: Shivani Marda, Company Secretary and Compliance Officer
Promoters of Our Company: M/s Purv Logistics Private Limited, Rajeev Goenka and Poonam Goenka

Purv Flexipack IPO Registrar

Link Intime India Private Limited

Registered Office: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai-400083, Maharashtra, India
Tel: +91 22 49186200
Fax: +91 – 022-4918 6195
Website: www.linkintime.co.in
Email: braceport.ipo@linkintime.co.in
Investor Grievance ID: braceport.ipo@linkintime.co.in
Contact Person: Mr. Shanti Gopalkrishnan
SEBI Registration Number: INR000004058

Purv Flexipack IPO Lead Manager

Holani Consultants Private Limited

Registered Office: 401 – 405 & 416 – 418, 4th Floor, Soni Paris Point, Jai Singh Highway, Bani Park, Jaipur – 302016
Tel.: +91 0141 – 2203996
Website: www.holaniconsultants.co.in
Email: ipo@holaniconsultants.co.in
Investor Grievance ID: complaints.redressal@holaniconsultants.co.in
Contact Person: Mrs. Payal Jain
SEBI Registration No.: INM000012467

Purv Flexipack IPO FAQs

What is the lot size of Purv Flexipack IPO?

The total size of Purv Flexipack IPO is ₹40.21 crores and this is a complete fresh Issue.

When will Purv Flexipack IPO start?

Purv Flexipack IPO will open from 27 February 2024 and IPO will close on 29 February 2024.

What is the open date of Purv Flexipack IPO?

Purv Flexipack IPO will open date from 27 February 2024.

What is the last date ( close date ) of Purv Flexipack IPO?

Purv Flexipack IPO will close from 29 February 2024.

What is the price band of Purv Flexipack IPO?

Purv Flexipack IPO price band is ₹70 to ₹71. ( Upper Price Band: ₹71, Lower Price Band: ₹70 )

What is the minimum amount required to apply for Purv Flexipack IPO?

The minimum investment for retailers to apply for Purv Flexipack IPO is ₹113,600 and the maximum investment is ₹113,600.

What is going on gray market premium of Purv Flexipack IPO?

View gray market premium of Purv Flexipack IPO by Clicking Here

How much is the GMP of Purv Flexipack IPO?

Watch Purv Flexipack IPO GMP Today: Click Here

What is the allotment date of Purv Flexipack IPO?

The allotment date of Purv Flexipack IPO is 1 March 2024.

How to check allotment status in Purv Flexipack IPO?

To check the allotment status of Purv Flexipack IPO, first of all go to the registrar website by clicking here, select your bad Purv Flexipack IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Purv Flexipack IPO?

The listing date of Purv Flexipack IPO is 5 March 2024.

How much will be the listing gain in Purv Flexipack IPO?

View listing gain of Purv Flexipack IPO by Clicking Here

How much time Purv Flexipack IPO is subscribed?

Total 421.78 times subscribed in Purv Flexipack IPO out of which 448.73 times subscription was done in retail quota, 690.72 times subscription in NII quota and 157.32 times subscription in QIB quota.

How to apply for Purv Flexipack IPO from Upstox?

Click Here to see how to apply for Purv Flexipack IPO from Upstox. (step by step)

How to apply for Purv Flexipack PO from Zerodha?

Click Here to see how to apply for Purv Flexipack IPO from Zerodha. (step by step)

How to apply for Purv Flexipack IPO from Angle One?

Click Here to see how to apply for Purv Flexipack IPO from Angle One. (step by step)

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