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IPOPurv Flexipack Ltd IPO

  • Price Range

    ₹70 - ₹71

  • Min. Quantity

    1,600 Shares

  • Closes on

    29 February 2024

  • Min. investment

    ₹1,13,600

Purv Flexipack Ltd IPO Timeline

EventDate
Purv Flexipack Ltd IPO Opening Date27 February 2024
Purv Flexipack Ltd IPO Closing Date 29 February 2024
Basis of Allotment1 March 2024
Initiation of Refunds4 March 2024
Credit of Shares to Demat4 March 2024
Purv Flexipack Ltd IPO Listing Date5 March 2024

Purv Flexipack Ltd IPO Details

Purv Flexipack Ltd IPO Date27 February 2024 to 29 February 2024
Purv Flexipack Ltd IPO Face Value₹10 per share
Purv Flexipack Ltd IPO Price₹70 to ₹71 per share
Purv Flexipack Ltd IPO Lot Size1,600
Issue Size Shares of ₹10 (aggregating up to ₹40.21 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹40.21 Cr)
Offer for Sale-
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersPurv Logistics Pvt Ltd, Rajeev Goenka, Poonam Goenka

Purv Flexipack Ltd IPO Lot Size

The Purv Flexipack Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,13,600).

Application LotsSharesAmount
Minimum11,600₹1,13,600
Maximum11,600₹1,13,600
  • Risks
  • Opportunities
  • 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.
  • Strong and consistent financial performance.

Company Financials

Purv Flexipack Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2025200.1171.512.97
03-2024179.89115.343.83
03-2023136.23163.915.52
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Repayment of existing borrowings availed by the company from scheduled commercial bank
  • Funding the working capital requirement of the company
  • General corporate purposes

Purv Flexipack Ltd IPO Promoter Holding

Pre Issue Share Holding60.99%
Post Issue Share Holding44.52%

Purv Flexipack Ltd IPO Subscription Status (Bidding Detail)

The Purv Flexipack Ltd IPO is subscribed 283.3237 times on 29 February 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----283.3237

Purv Flexipack Ltd IPO Prospectus

Purv Flexipack Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In NSE - SME
ISININE0R6C01012
IPO Price₹-
Face Value-

Company Contact Information

Purv Flexipack Ltd
Annapurna Apartment Suit 1C1st Flr 23 Sarat Bose Road,Kolkata-700020
Phone: +91 33 4070 3238
Email: info@purv.in
Website: www.purvflexipack.in

Purv Flexipack Ltd IPO Registrar

Phone:+91 22 49186200
Email: braceport.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com

Purv Flexipack Ltd IPO Lead Manager(s)

  1. Holani Consultants Pvt Ltd

How to Check the Allotment Status of Purv Flexipack Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Purv Flexipack Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Purv Flexipack Ltd IPO

    Purv Flexipack Limited was originally incorporated as 'Purv Flexipack Private Limited' in Kolkata as a Private Company, dated May 11, 2005. Subsequently, Company converted into a Public Company and the name of the Company was changed to 'Purv Flexipack Limited' and a fresh Certificate of Incorporation was issued at RoC, Kolkata on August 03, 2023.

    FAQ