Purv Flexipack
Purv Flexipack Info
Details about the Purv Flexipack IPO. Opening Date of Purv Flexipack is 27 Feb 24 and Closing Date is 29 Feb 24 . Face Value of Each share of Purv Flexipack is ₹10 per share. Price band of Purv Flexipack is ₹70 to ₹71. The Lot size of Purv Flexipack is 1,600 shares. Total issue size of Purv Flexipack IPO is ₹40.21 cr. Fresh Issue of Purv Flexipack IPO is 40.21 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Purv Flexipack is 15,318,950. Share Holding Post Issue of Purv Flexipack is 20,982,950.
Business Summary
Purv Flexipack is 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, company is a Del Credere Associate (DCA) and Dealer operated polymer warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division.
Purv Flexipack IPO Details
| Open Date | 27 Feb 24 |
|---|---|
| Close Date | 29 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹70 - ₹71 |
| Lot Size | 1,600 Shares |
| Total issue Size | 5,664,000 Shares ₹40.21 cr |
| Fresh Issue | 5,664,000 Shares ₹40.21 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 15,318,950 |
| Share Holding Post Issue | 20,982,950 |
| Market Maker | Holani Consultants |
| Market Maker Portion | 348,800 Shares |
| RHP , DHRP | View RHP, View DRHP |
Purv Flexipack IPO Timeline
The Purv Flexipack Initial Public Offering (IPO) is set to open on 27 Feb 24 and will end its subscription phase on 29 Feb 24. You can check your allotment status for Purv Flexipack on 01 Mar 24. The refund process for your funds will start promptly on 04 Mar 24. Purv Flexipack IPO credit of shares will be on 04 Mar 24. The listing date for Purv Flexipack is on 05 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Purv Flexipack IPO Reservation
The Purv Flexipack IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, not less than 15% of the Net Issue will be available for NII, not less than 35% of the Net Issue will be available for Retail,
348,800 Shares will be reserved for subscription by Holani Consultants
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | not less than 15% of the Net Issue |
| Retail | not less than 35% of the Net Issue |
Purv Flexipack IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 113,600 |
| Retail (Max) | 1 | 1,600 | 113,600 |
| HNI (Min) | 2 | 3,200 | 227,200 |
Purv Flexipack IPO Promoters Holding
Promoters holding details for Purv Flexipack in the current issue is as follows: The share holding of promoters before the issue stands at 92.17%, and after the issue, it has been adjusted to -%.
Promoters of Purv Flexipack are M/s Purv Logistics Private Limited, Rajeev Goenka, Poonam Goenka,
| Share Holding Pre Issue | 92.17% |
|---|---|
| Share Holding Post Issue | -% |
Purv Flexipack Financial Information
Financial performance details for Purv Flexipack over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 28,315.64 | 25,852.83 | 18,146.73 | 15,417.62 |
| Revenue | 13,935.79 | 34,107.83 | 22,943.81 | 13,780.26 |
| Profit After Tax | 430.13 | 826.13 | 626.73 | 567.5 |
Purv Flexipack IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Purv Flexipack are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 13.17 |
| ROCE | 18.50% |
| ROE | 11.46% |
| RoNW | 10.84% |
| EPS (Rs) | 5.40 |
Object of the Issue
- • Repayment of certain existing fund-based borrowings in full or in part availed by company from scheduled commercial banks
- • Funding working capital requirements of the Company
- • General corporate purposes
Contact Details for Purv Flexipack
Phone
Office
Annapurna Apartment, 1st Floor, 23 Sarat Bose Road, Kolkata700020 West Bengal
Registrar Details for Purv Flexipack
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Holani Consultants Private Limited