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15 Days Price Change

Purv Flexipack IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 70  to  71 per share
Profile
Min Investment ₹71
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Purv Flexipack Ltd is a dynamic packaging solutions provider known for its innovative and high-quality flexible packaging solutions. Specializing in the production of a diverse range of packaging materials, including pouches, laminates, and films, the company caters to various industries such as food and beverages, pharmaceuticals, and consumer goods. With a commitment to sustainability, Purv Flexipack emphasizes eco-friendly practices in its manufacturing processes. The company's cutting-edge technology and customer-centric approach make it a trusted partner for clients seeking reliable and customizable packaging solutions. Purv Flexipack Ltd's dedication to quality, efficiency, and environmental responsibility positions it as a leading player in the competitive packaging industry. Read More

Basic Info

Face Value 10 per share

Price 70  to  71 per share

P/E (x) 14.2

Sales( Cr.) 398

PAT( Cr.) 15

EPS 5

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Rajeev Goenka Mrs. Poonam Goenka M/s Purv Logistics Private Limited

Pre Issue Share Holding 92.17%

Post Issue Share Holding --%

Listing Details:

Listing Price: 260

Listing Gain: 72.69%

Current Price: 60.5

Gain On Issue: 60.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Feb 27, 2024
Closing Date Feb 29, 2024
Allotment Mar 01, 2024
Refund Mar 04, 2024
Delivery of Shares Mar 04, 2024
Listing Date Mar 05, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 113,600
Retail (Max) 1 1600 113,600
S-HNI (Min) 2 3200 227,200
S-HNI (Max) 8 12800 908,800
B-HNI (Min) 9 14400 1,022,400

Objective of the Issue

1. Repayment of existing borrowings availed by the company from scheduled commercial banks. 2. Funding working capital requirements 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 2832000 445530240 157.3x
NII 849600 586835712 690.7x
Retail 1982400 889562352 448.7x
EMP 0 0 0x
Total 5664000 2388961920 421.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Purv Flexipack Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 133 222 333 254 398
Other Income 5 7 7 19 39
Total Income 138 229 340 273 437
Total Expenditure 123 212 314 246 393
Operating Profit 15 18 27 27 43
Interest 5 6 9 12 16
Depreciation 2 2 3 4 8
Exceptional Income / Expenses 0 0 1 -1 -0
Profit Before Tax 8 10 15 10 20
Provision for Tax 2 2 4 3 5
Profit After Tax 6 8 12 7 15
Adjustments -0 -1 -2 -1 -5
Profit After Adjustments 6 6 9 6 10
Adjusted Earnings Per Share 4 4.4 6.6 2.9 5

Purv Flexipack Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 59 68 77 128 137
Minority's Interest 3 12 15 16 21
Borrowings 24 34 51 73 72
Other Non-Current Liabilities 2 3 3 3 5
Total Current Liabilities 67 66 113 118 162
Total Liabilities 154 181 259 338 397
Fixed Assets 30 31 50 96 123
Other Non-Current Assets 17 23 43 43 41
Total Current Assets 108 128 165 200 233
Total Assets 154 181 259 338 397

Purv Flexipack Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 0 2 1 12
Cash Flow from Operating Activities -6 -1 6 -6 -8
Cash Flow from Investing Activities -7 -7 -38 -37 -28
Cash Flow from Financing Activities 10 9 31 55 26
Net Cash Inflow / Outflow -3 1 -2 12 -10
Closing Cash & Cash Equivalent 0 1 1 12 2

Purv Flexipack Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.02 4.44 6.61 2.86 4.96
CEPS(Rs) 5.55 6.93 10.51 5.37 10.74
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 41.78 48.11 54.23 60.88 65.5
Core EBITDA Margin(%) 7.56 4.66 5.66 3.14 1.17
EBIT Margin(%) 9.84 6.84 7.12 8.81 8.94
Pre Tax Margin(%) 6.04 4.21 4.41 3.94 5.03
PAT Margin (%) 4.55 3.39 3.35 2.95 3.75
Cash Profit Margin (%) 5.79 4.32 4.31 4.43 5.66
ROA(%) 3.99 4.57 5.24 2.51 4.06
ROE(%) 10.43 12.08 15.97 7.33 11.27
ROCE(%) 10.25 11.02 13.98 9.46 11.9
Receivable days 151.59 95.14 72.42 118.12 95.16
Inventory Days 60.64 43.14 37.15 52.05 37.94
Payable days 51.36 26.02 27.14 49.78 35.64
PER(x) 0 0 0 73.5 18.3
Price/Book(x) 0 0 0 3.45 1.39
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.63 0.43 0.41 2.26 0.94
EV/Core EBITDA(x) 5.63 5.47 5.14 21.4 8.67
Net Sales Growth(%) 0 67.15 49.83 -23.71 56.58
EBIT Growth(%) 0 16.47 58.54 -8.82 58.96
PAT Growth(%) 0 24.62 50.55 -35.07 99.46
EPS Growth(%) 0 10.44 48.86 -56.77 73.57
Debt/Equity(x) 1.2 1.23 1.61 1.14 1.36
Current Ratio(x) 1.62 1.95 1.46 1.69 1.44
Quick Ratio(x) 1.28 1.48 1.11 1.41 1.13
Interest Cover(x) 2.59 2.6 2.62 1.81 2.28
Total Debt/Mcap(x) 0 0 0 0.33 0.98

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 57% 21% 0% 0%
Operating Profit CAGR 59% 34% 0% 0%
PAT CAGR 114% 23% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -30% NA% NA% NA%
ROE Average 11% 12% 11% 11%
ROCE Average 12% 12% 11% 11%

Company Contact Information

Purv Flexipack Ltd.

Annapurna Apartment Suit 1 C, 1st Floor 23 Sarat Bose Road

IPO Lead Manager(s)

Purv Flexipack Ltd.

Holani Consultants Pvt Ltd.

Registrar Info

Purv Flexipack Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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