IPO Details
Bidding Dates
27 Feb 24 - 29 Feb 24
Price Range ₹
70 - 71
Total Equity
₹ 40.21Cr
Lot Size
1600
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Allotment
--
Refund initiation
--
Demat transfer
--
Offer start
27 Feb 2024
Offer end
29 Feb 2024
Listing
05 Mar 2024
Allotment
--
Refund initiation
--
Demat transfer
--
Offer start
27 Feb 2024
Offer end
29 Feb 2024
Listing
05 Mar 2024
About Company
Established in 2005, Purv Flexipack Limited is a prominent distributor of plastic products, offering a wide range including BOPP film, Polyester Films, CPP films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. Their extensive product portfolio includes Plastic Granules, Biaxially oriented polypropylene (BOPP) Films, HS BOPP, Matt BOPP, Glossy / Plain / Printing Grade BOPP, Tape and Textile BOPP, Pearlized BOPP, Polyester Films, and Cast Polypropylene (CPP) Films. Catering to diverse customer needs, the company provides comprehensive packaging solutions. With four warehouses dedicated to inventory management, Purv Flexipack ensures efficient storage and handling of products, equipped with modern facilities and equipment for safe and secure storage.
Year Founded
11-05-2005
Promotor Details
Rajeev Goenka
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 92.17 | 67.29 |
| Share Capital | 14118750 | 14118750 |
Offer to Public
56,64,000.00 Cr
Highlights
- Purv Flexipack Limited offers a wide range of plastic products, catering to various industries and customer needs, which can attract a diverse customer base.
- The company provides various packaging solutions, indicating versatility and flexibility in meeting customer requirements.
- With four warehouses equipped with modern facilities and strict inventory management systems, Purv Flexipack can ensure accurate tracking and efficient management of inventory, reducing the risk of stockouts or overstocking.
- Maintaining warehouses under optimal conditions demonstrates the company's commitment to preserving the quality and integrity of stored products, enhancing customer satisfaction and loyalty.
- Having 28 employees across different departments signifies a diverse skill set within the company, enabling effective operations and management across various functions.
Challenges
- Operating in the plastic products industry likely entails facing stiff competition from other manufacturers and distributors, potentially leading to pricing pressures and challenges in market positioning.
- Being heavily reliant on the plastic industry for its product portfolio, Purv Flexipack may face risks associated with changes in market demand, regulations, or environmental concerns related to plastic usage.
- Managing multiple warehouses across different locations can pose logistical challenges such as transportation costs, inventory distribution, and coordination, which may impact operational efficiency and costs.
- Compliance with regulatory requirements governing the production, storage, and distribution of plastic products can be complex and may require continuous monitoring and adaptation to changing regulations
- Given the nature of plastic products, there may be concerns regarding the environmental impact of the company's operations, including waste management and sustainability practices, which could affect its reputation and long-term viability.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 18,146.73 | 1,411.88 | 614.97 | 567.50 | 4.0195 |
| 2021 | 15,417.62 | 1,411.88 | 614.97 | 567.50 | 4.0195 |
| 2023 | 25,853.58 | 1,411.88 | 614.97 | 567.50 | 4.0195 |
| 2024 | 33,845.23 | 2,098.28 | 766.38 | 626.73 | 4.439 |
