247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Flexituff International Limited IPO (Flexituff International IPO) Details

Flexituff International Limited is an Packaging & Disposables based company, located in Kolkata, Flexituff International Limited IPO size was 104.63 Cr. and was issued at 155.00 per share. The share of Flexituff International Limited were listed at 166.40 per share and are currently trading at 63.00 per share.

Type :
Sub Sector : Manufacturing Flexible Intermediate Bulk Container
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
579.00 Cr.

PAT :
30.97 Cr.

Pricing Report

Issue Price :
155.00

Listing Price :
166.40

Current Market Price :
63.00

Issue Price vs CMP :
92 (59.35%)

listing Price vs CMP :
103.4 (62.14%)

Performance Report (CAGR* wise)

CAGR : -6.56
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Flexituff International

Company Information
Flexituff International Limited was originally established as a partnership firm under the Indian Partnership Act, 1932, on January 22, 1966, under the name Saurabh Potteries & Ceramics, with its principal place of business in Indore. The partnership was composed of Mr. Badri Narayan Kalani & Sons (HUF), Ms. Padma Kalani, and two others, represented by their natural guardian. Over time, the partnership was reconstituted multiple times with the admission of new partners or the resignation of existing ones.

On March 1, 1993, the partnership's name was changed to Naviska Packaging, and a fresh partnership deed was executed. The partners at that time included Indore Land & Finance Limited, Ms. Radhabai Kalani, Gagan Commercial Agencies Limited, Olive Commercial Company Limited, Ms. Padma Kalani, Saka Tradings
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Object of Issue
  • Expansion of manufacturing facilities at SEZ and DTA units at Pithampur
  • Setting up of Dripper Project at Kashipur
  • Working capital requirements
  • General Corporate Purposes
  • To meet Issue expenses

Flexituff International MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2011
IPO Size :
104.63 Cr.
IPO Subscription :
1.17 X     
PE Multiple :
10.50
IPO Registrar:
Link Intime India Private Limited

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FAQs

Flexituff International operates in Packaging & Disposables and Manufacturing Flexible Intermediate Bulk Container. The Issue is listed on MainBoard in Oct, 2011. Flexituff International IPO size was 104.63 Cr. with Issue price of 155.00 .

Merchant Banker(s) of Flexituff International IPO: Collins Stewart Inga Private Limited

Flexituff International IPO subscription was 1.17 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Flexituff International IPO listed at a listing price of 166.40 against the offer price of 155.00.

The current market price of Flexituff International is 63.00.

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