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Purv Flexipack IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Plastic And Polymer sector. Holani Consultants Private is the merchant banker of Purv Flexipack IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.
Purv Flexipack IPO open date is 27th February 2024 and close date is 29th February 2024. IPO Allotment Date is 1st March 2024 and Listing date is 5th March 2024.Purv Flexipack IPO size is Rs 40.21 Cr. crores with IPO price of Rs 71.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Holani Consultants Private Limited is the book-running lead manager of the Purv Flexipack IPO. Link Intime India Private Limited is the Registrar and Market Maker is Holani Consultants Private Limited for Purv Flexipack IPO.
Purv Flexipack IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Meru Investment Fund | 844,800.00 | ₹71.00 | ₹59,980,800.00 |
| Ag Dynamic Fund | 528,000.00 | ₹71.00 | ₹37,488,000.00 |
| VPK Global Ventures | 144,000.00 | ₹71.00 | ₹10,224,000.00 |
Purv Flexipack IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Purv Flexipack IPO, based in Kolkata, operates in the Plastic And Polymer sector with a focus on plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Purv Flexipack IPO size is ₹ 40.21 Cr. Crores with fresh issue size of Rs 40.21 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Purv Flexipack IPO is expected to be 1st March 2024, after the finalization of basis of allotment. Investors can check Purv Flexipack IPO allotment status on the registrars website, Link Intime India Private Limited. Purv Flexipack IPO refund dates are 4th March 2024.
Purv Flexipack IPO is expected to be listed on 5th March 2024.
The upper price band for the Purv Flexipack IPO is set at ₹ 71.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Purv Flexipack IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Purv Flexipack IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th February 2024. After submission, funds are blocked until the basis of allotment of Purv Flexipack IPO is finalised.
The merchant banker for Purv Flexipack IPO is Holani Consultants Private Limited . Holani Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Purv Flexipack IPO RHP for further details.
The registrar for Purv Flexipack IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Purv Flexipack IPO through their official website or helpline.
Purv Flexipack IPO was subscribed 421.78 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 40.21 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.61 Cr.
Sector: Plastic And Polymer
SME IPO so far:
28
Merchant Banker:
Holani Consultants
SME IPO by BRLM so far:
47
City:
Kolkata
SME IPO so far:
69
Revenue (annualised):
₹ 268.78 cr.
PE
Ratio:
12.93x
Average Sector PE Ratio: 20.08x
Purv Flexipack IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Purv Flexipack Financial Review Page
Merchant Banker(s) of Purv Flexipack IPO: Holani Consultants Private Limited
Purv Flexipack IPO subscription was 421.78 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.
Purv Flexipack IPO listed at a listing price of 247.00 against the offer price of 71.00.
The current market price of Purv Flexipack is 106.00.
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