The Purv Flexipack IPO commenced on February 27, 2024, and concluded on February 29, 2024. The allotment of shares took place on March 1, 2024, and the initiation of refunds began on March 4, 2024. The shares were credited to the demat accounts of investors on March 4, 2024. Finally, the listing of Purv Flexipack on the stock exchange occurred on March 5, 2024.
The Purv Flexipack IPO was priced at ₹70 to ₹71 per share, with a lot size of 1600 shares. The total issue size was ₹40.21 crores, comprising a fresh issue of ₹40.21 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Purv Flexipack IPO Basic Details
| Company Name | Purv Flexipack Limited |
| Domain of Company | Plastic Product |
| Purv Flexipack IPO GMP Today | ₹82 |
| Purv Flexipack IPO Listing Gain | 115.49% |
| Purv Flexipack IPO Open Date | February 27, 2024 |
| Purv Flexipack IPO Close Date | February 29, 2024 |
| Purv Flexipack IPO Allotment Date | March 1, 2024 |
| Purv Flexipack IPO Listing Date | March 5, 2024 |
| Face Value | ₹10 per share |
| Price | ₹70 to ₹71 per share |
| Lot Size | 1600 Shares |
| Issue Size | 5,664,000 shares of ₹10 (aggregating up to ₹40.21 Cr) |
| Fresh Issue | 5,664,000 shares of ₹10 (aggregating up to ₹40.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Rajeev Goenka, Mrs. Poonam Goenka and M/s Purv Logistics Private Limited |
Purv Flexipack IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹82 | 115.49% | – | – |
| 22 February 2024 | ₹82 | 115.49% | – | – |
Purv Flexipack IPO Details:
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 Acetate, and Titanium Dioxide.
Our range of products 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 various customer needs. With four warehouses, we ensure efficient storage and management of inventory. Our warehouses are equipped with modern facilities and equipment to maintain the safety and integrity of our products. Rigorous inventory management systems are in place to guarantee accurate tracking of inventory.
As of December 31, 2023, our company comprises 28 employees across different departments including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.
Purv Flexipack IPO More Details Click Here
Purv Flexipack IPO FAQs
When is Purv Flexipack IPO open?
Purv Flexipack IPO will open on 27 February 2024.
When is Purv Flexipack IPO Close?
Purv Flexipack IPO will be closed on 29 February 2024.
What is Purv Flexipack IPO GMP Today?
The Purv Flexipack IPO GMP aka Grey Market Premium is ₹82.
What is Purv Flexipack IPO Kostak Rates Today?
The Purv Flexipack IPO Kostak Rate is ₹000.
What is Purv Flexipack IPO Subject to Sauda Price Today?
The Purv Flexipack IPO subject to sauda rates is ₹000.
Purv Flexipack IPO Expected Returns?
The Purv Flexipack expected return is 115.49%.
How much will be the listing gain in Purv Flexipack IPO?
Purv Flexipack IPO will get listing gain of 115.49%. (Approx.)
