Purv Flexipack IPO bidding start date is 27 Feb 2024 and closing date is 29 Feb 2024. you can start bidding from 27 Feb 10AM till 29 Feb 5PM. Please do remember the cutoff time for upi mandate, After 5PM on ipo closing day no upi mandate request will be accepted. Purv Flexipack IPO price band is ₹70 to ₹71 per share with a market lot size of 1600 Shares.
Purv Flexipack is a well-established distributor known for its diverse range of plastic-based products, including Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. They hold a prestigious position as a Del Credere Associate (DCA) Dealer Operated Polymer Warehouse (DOPW) for Indian Oil Corporation Limited in their polymer division.
Beyond their role as dealers for various companies, Purv Flexipack has carved a solid reputation in the distribution of plastic-based goods. Their portfolio is further enriched by the ownership of Cool Caps Industries Limited, a subsidiary listed on the NSE SME. Additionally, they proudly own and manage four wholly-owned subsidiary companies—Purv Technoplast Private Limited, Purv Packaging Private Limited, Purv Ecoplast Private Limited, and Re.act Waste Tech Private Limited—showcasing their diversified approach within the plastic industry.
Purv Flexipack’s commitment to quality and comprehensive product offerings has positioned them as a key player in the plastic distribution sector. Their range of solutions caters to various market demands, providing clients with a one-stop destination for their plastic product needs. Whether it’s BOPP films for packaging or masterbatches for manufacturing, Purv Flexipack ensures top-notch quality and reliable service, making them a trusted name in the industry.
Purv Flexipack Peer Group
- Sah Polymers Limited
Purv Flexipack IPO Details, Date, Size, Price Band
| IPO Opening Date | 27 Feb 2024 |
| IPO Closing Date | 29 Feb 2024 |
| Listing Date | 5 Mar 2024 |
| Face Value | ₹10 Per Share |
| IPO Size | Aprox ₹40.21Crore, 5,664,000 Equity Shares |
| Price Band | ₹70 to ₹71 Per Share |
| Minimum Bid | 1600 Shares |
| Employee Discount | N/A |
| Issue Type | Book Built Issue Type IPO |
| Retail Quota Allocation | 35 % of net offer Issue |
| NII Quota Allocation | 15 % of net offer Issue |
| QIB Quota Allocation | 50 % of net offer Issue |
| IPO Listing on | NSE SME |
Purv Flexipack IPO Financials
Talking about financials of Purv Flexipack, it is a profitable company since last three years with amount of ₹8.26 Crore profit after taxes (PAT) in year 2023.
| Dates | Revenue | Expense | PAT |
| 2021 | ₹137.80 Cr | ₹129.64 Cr | ₹ 5.68 Cr |
| 2022 | ₹225.44 Cr | ₹219.90 Cr | ₹ 6.27 Cr |
| 2023 | ₹341.08 Cr | ₹326.23 Cr | ₹ 8.26 Cr |
| Sep 2023 | ₹139.36 Cr | ₹132.10 Cr | ₹ 4.30 Cr |
Purv Flexipack IPO Important Dates
Purv Flexipack IPO bidding will start from 27 Feb 2024 and closing date is 29 Feb 2024. you can start bidding from Feb 21 2024 10AM till Feb 29 2024 5PM. The IPO Finalization Date is 1 Mar 2024 and it will be listed on 5 Mar 2024 .
| IPO Open Date | 27 Feb 2024 |
| IPO Close Date | 29 Feb 2024 |
| Basis of Allotment | 1 Mar 2024 |
| Refund Initiation | 4 Mar 2024 |
| Share Credit to Account | 4 Mar 2024 |
| Listing Date | 5 Mar 2024 |
Purv Flexipack IPO Lot Size Details
Purv Flexipack IPO Retail investor can apply for minimum 1 Lot of 1600 shares with amount of ₹113,600 and S-HNI Investor can apply minimum up to 2 Lots of 3200 shares with price amount ₹227,200.
| Application | Lots | Shares | Amount |
| Retail Quota (Min) | 1 | 1600 | ₹113,600 |
| Retail Quota (Max) | 1 | 1600 | ₹113,600 |
| S-HNI Quota (Min) | 2 | 3200 | ₹227,200 |
Purv Flexipack IPO GMP Check
To check Purv Flexipack IPO GMP Click Here
Purv Flexipack IPO Promoters
- Mr. Rajeev Goenka
- Mrs. Poonam Goenka
- M/s Purv Logistics Private Limited
Purv Flexipack IPO Prospectus
| Purv Flexipack IPO RHP & DRHP Download Link | |
| Purv Flexipack IPO DHRP | Download |
| Purv Flexipack IPO RHP | Download |
Purv Flexipack Company Contact Information
Purv Flexipack Limited
Annapurna Apartment, Suit 1C
C, 1st Floor, 23 Sarat Bose Road,
Kolkata-700020
Phone: +91 33 4070 3238
Email: [email protected]
Website: https://www.purvflexipack.in/
Purv Flexipack IPO Registarar Information
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Purv Flexipack IPO FAQs
What is Purv Flexipack IPO ?
Purv Flexipack IPO is an NSE SME IPO going to raise Aprox ₹40.21Crore via IPO. Exicom Purv Flexipack IPO price band is ₹70 to ₹71 per share with a market lot size of 1600 Shares.
What is Purv Flexipack IPO Price Band ?
Purv Flexipack price Band is ₹70 to ₹71 Per Share.
What is Purv Flexipack IPO Size ?
Purv Flexipack IPO size is Aprox ₹40.21Crore.
What is Purv Flexipack IPO Start Date ?
Purv Flexipack IPO start date is 27 Feb 2024.
What is Purv Flexipack IPO End Date ?
Purv Flexipack IPO end Date is 29 Feb 2024.
What is Purv Flexipack IPO Allotment Date ?
Purv Flexipack IPO Allotment Date is 1st Mar 2024.
What is Purv Flexipack IPO Listing Date ?
Purv Flexipack IPO listing date is 5th Mar 2024. it will be listed on NSE SME
What is Purv Flexipack IPO Minimum Retail Share to Apply ?
Purv Flexipack IPO Minimum Retail Share to apply is 1600 Shares.
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