Purv Flexipack IPO subscribed 232.17 times

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Investor response to Purv Flexipack Ltd.'s first public offering, which began on Tuesday, has been overwhelmingly positive. The Rs 40.21-crore SME IPO attracted 232.17 times.

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The subscription period for the Purv Flexipack IPO began on February 27, 2024, and it ends today, February 29, 2024. On Friday, March 1, 2024, the allocation for the Purv Flexipack IPO is anticipated to be completed. The proposed listing date for the Purv Flexipack IPO is set on Tuesday, March 5, 2024 on NSE SME.

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The initial public offering's pricing range is set at between Rs 70 and Rs 71 per share. The non-institutional quota garnered 116.14 subscriptions, while the retailers obtained 232.01 subscriptions. There have been 6.04 subscriptions to the QIB quota.

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[{"selector":"#anim-e1ed260b-e0ba-4449-81b0-d31e5ce3e973 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-aadcb4ee-c4d9-46aa-8393-1d5e1e7d6ae0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The Purv Flexipack IPO's book running lead manager is Holani Consultants Private Limited, and the registrar is Link Intime India Private Ltd. Holani Consultants is the market maker for the Purv Flexipack IPO. Registrar and BRLM for the Purv Flexipack IPO

[{"selector":"#anim-53da1a59-665b-4e75-9bd3-80479b9c0c01 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c91a54ae-0a87-464e-a0a1-f833d6e3331a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Purv Flexipack Limited provides plastic goods such as BOPP film, polyester films, CPP films, plastic granules, inks, adhesives, Masterbatches, ethyl acetate, and titanium dioxide. The company serves a wide range of clients by offering a variety of packaging options. About Purv Flexipack

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Purv Flexipack IPO subscribed 232.17 times

Published : 29 February 2024

Investor response to Purv Flexipack Ltd.'s first public offering, which began on Tuesday, has been overwhelmingly positive. The Rs 40.21-crore SME IPO attracted 232.17 times.

The initial public offering's pricing range is set at between Rs 70 and Rs 71 per share. The non-institutional quota garnered 116.14 subscriptions, while the retailers obtained 232.01 subscriptions. There have been 6.04 subscriptions to the QIB quota.

Check out more 5paisa webstories

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