Purv Flexipack Limited IPO
₹70 - ₹71
1600
421.78
| Open Date: | 27-Feb-2024 |
| Close Date: | 23-Feb-2024 |
| Allotment Date: | 01-Mar-2024 |
| Listing Date: | 05-Mar-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹70-71 Per Equity Share |
| Issue Size: | Total Issue Size 5,664,000 shares (aggregating up to ₹40.21 Cr) : Fresh Issue 5,664,000 shares (aggregating up to ₹40.21 Cr) |
| Market Lot (Min Amount): | Retail - ₹113,600 : HNI - ₹227,200 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 1,052,800 | 844,800 | 1,900,800 | 3,798,400 |
| Day 1 - 27-02-24 05:00 PM | 0.24x | 46.50x | 97.65x | 59.27x |
| Day 2 - 28-02-24 05:00 PM | 6.04x | 116.43x | 234.08x | 144.71x |
| Day 3 - 29-02-24 05:00 PM | 157.32x | 690.72x | 448.73x | 421.78x |
| Total No. of Application: | 533,091 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 448.73x | |||
| Earning Per Share(EPS) | ₹5.39/- |
| P/E Ratio | 13.17 |
| RoNW | 10.84% |
| Net Asset Value (NAV) - Post Issue: | ₹53.97/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Sep,2023 | 28,315.64 | 13,935.79 | 430.13 |
| 31 Mar,2023 | 25,852.83 | 34,107.83 | 826.13 |
| 31 Mar,2022 | 18,146.73 | 22,943.81 | 626.73 |
| 31 Mar,2021 | 15,417.62 | 13,780.26 | 567.50 |
| Pre Issue Share Holding | 92.17% |
| Post Issue Share Holding | N/A% |
| 1. Mr. Rajeev Goenka |
| 2. Mrs. Poonam Goenka |
| 3. M/s Purv Logistics Private Limited |
The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
- Repayment of existing borrowings availed by the company from scheduled commercial banks.
- Funding working capital requirements; and
- General corporate purposes.
Incorporated in 2005, Purv Flexipack Limited distributes plastic products, including BOPP film, Polyester Films, CPP films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide.
The product portfolio of the company comprises Plastic Granules, Biaxially oriented polypropylene (BOPP) Films, HS BOPP, Matt BOPP, Glossy / Plain / Printing Grade BOPP, Tape and Textile BOPP, Pearlized, BOPP, Polyester Films, Cast Polypropylene (CPP) Films
The company provides various packaging solutions for a diverse customer base. They have four warehouses for storing and managing inventory. The warehouse is equipped with modern facilities and equipment to ensure safe and secure storage of products. It is maintained under optimal conditions to preserve the quality and integrity of the stored items. Also, the company has implemented strict inventory management systems to ensure accurate inventory tracking.
As of December 31, 2023, the company has 28 employees in various departments including Accounts & Finance, Compliance, Maintenance, Marketing & Logistics, Production & Operations, Quality, Top Level Management, and Permanent Labour.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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