Purv Flexipack IPO

Purv Flexipack Limited

₹1,12,000 /1600 sharesMinimum Investment

Purv Flexipack IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹71.00₹260.00₹189.00 (266.20%)

Purv Flexipack IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Feb ‘24 - 29 Feb ‘24₹1,12,0001,600₹70 - ₹71
Issue SizeIPO Doc
40.21Cr
RHP PDF

About the company

Purv Flexipack Limited is a distributor and packaging solutions provider. It distributes various plastic-based products, including biaxially oriented polypropylene (BOPP) film, polyester films, cast polypropylene (CPP) films, plastic granules, inks, adhesives, masterbatches, ethyl acetate, and titanium dioxide. The company also functions as a Del Credere Associate (DCA) Dealer Operated Polymer Warehouse (DOPW) for the polymer division of Indian Oil Corporation Limited. The company has four warehouses for storing and managing inventory. ;
Founded in
2005
Managing director
Mr. Vanshay Goenka
Parent organisation
Purv Flexipack Limited

Strength and risks

Strengths
Risks
As per the company, it is a one-stop solution for packaging materials. Some of its products include plastic granules, masterbatch, films, ink, and adhesives, simplifying the sourcing process.
The company’s slitting machine provides customization to meet specific client requirements. It possesses six slitting machines catering to the eastern part of India. These are capable of converting jumbo rolls from 2000mm to 50mm rolls.
The company offers single roof solution for colours, sizes, thicknesses, and packaging. It has developed the "Window Metalized” to address the increasing demand for transparency in packaging.
The company’s revenue from operations was Rs. 133.04 cr, Rs. 222.37 cr, and Rs. 333.17 cr in the FY 2021, 2022, and 2023 respectively. For the same time periods, the company reported profit after tax of Rs. 5.68 cr, Rs. 6.27 cr, and Rs. 8.26 cr respectively.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular70 - 71₹2 Lakh
High Networth Individual70 - 71₹2 - 5 Lakh
For Purv Flexipack IPO, eligible investors can apply as Regular.
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