Purv Flexipack Limited IPO
Purv Flexipack Limited was a SME IPO in the Packaging sector, offered at ₹70–₹71 per share to raise ₹40 crore. It listed on 5 Mar 2024 at ₹260 and closed its first day at ₹247, a listing gain of +247.9% versus the ₹71 issue price. It now trades around ₹37 (-47.8% versus the issue price).
Frequently asked questions
- What were the Purv Flexipack Limited IPO listing gains?
- Purv Flexipack Limited listed on 5 Mar 2024 at ₹260, closing its first day at ₹247 — a listing gain of +247.9% versus the ₹71 issue price.
- What was the price band and lot size of the Purv Flexipack Limited IPO?
- The price band was ₹70–₹71 per share, with a minimum lot of 1,600 shares (₹1,13,600 at the upper band).
- Who were the registrar and lead manager for the Purv Flexipack Limited IPO?
- Link Intime India Private Limited was the registrar, and Holani Consultants was the book-running lead manager.