Purv Flexipack IPO Subscription Details

Bookbuilding IPO | ₹40 Cr | Listed at NSE SME | Tue, Feb 27, 2024 - Thu, Feb 29, 2024

Basis of Allotment - Purv Flexipack IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)10,52,80015,16,80025,69,6008,44,80019,00,80053,15,200
Allotment price (Rs.)717171717171
No.of applications7537832,1465,26,2105,58,434
No.of shares applied16,32,11,20015,16,80016,47,28,00057,90,44,80084,19,36,0001,58,57,08,800
Amount collected (Rs.cr.)1,158.80 10.77 1,169.57 4,111.22 5,977.75 11,258.53
No.of times subscribed155.031.0064.11685.42442.94298.33
No.of shares allotted10,52,80015,16,80025,69,6008,44,80019,00,80053,15,200
Amount (Rs.cr.)7.47 10.77 18.24 6.00 13.50 37.74
No.of allottees753784701,1881,736

IPO Shares Offered

Purv Flexipack IPO is a public issue of 0.53 Cr equity shares. The issue offers 0.19 Cr shares to retail investors, 0.26 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,48,8002.48 6.16%
QIB 25,69,60018.24 45.37%
    Anchor 15,16,800 10.77 26.78%
    QIB (Ex Anchor) 10,52,800 7.47 18.59%
NII* 8,44,8006.00 14.92%
Retail19,00,80013.50 33.56%
Total56,64,00040.21 100%

Purv Flexipack IPO Anchor Investor Allocation

A total of 15,16,800 shares at a price of Rs 71 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 26, 2024
Anchor investor price₹71.00
Anchor investors as % of QIBs59.03%
No. of shares locked-in for 30 days7,58,400
No. of shares locked-in for 90 days7,58,400
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 8,44,800 6.00 55.70 14.92
2 VPK GLOBAL VENTURES FUND VPK 1,44,000 1.02 9.49 2.54
3 AG DYNAMIC FUNDS LTD. AG DYNAMIC FUNDS LTD. 5,28,000 3.75 34.81 9.32
15,16,80010.7710026.78

IPO Subscription FAQs

The Purv Flexipack IPO is subscribed 421.78 times by Feb 29, 2024 18:21.

Purv Flexipack IPO Subscription

Investor Category Subscription (times)
Qualified Institutional157.32
Non Institutional690.72
Retail Individual448.73
Total Subscription421.78

Retail category of Purv Flexipack IPO subscribed 448.73 times as of date Feb 29, 2024 18:21. The public issue closes on Thu, Feb 29, 2024 for bidding.

An investor can apply in Purv Flexipack IPO online via bank (using ASBA) or the broker (using UPI). The Purv Flexipack IPO shares are offered online only.

The Purv Flexipack IPO is subscribed 421.78 times by Feb 29, 2024 18:21.

The Purv Flexipack IPO allotment status is expected on or around Friday, March 1, 2024. Visit Purv Flexipack IPO allotment status to check.

The Purv Flexipack IPO listing date is March 5, 2024. The equity share of Purv Flexipack IPO will list on NSE SME.

Visit Purv Flexipack IPO subscription status page for real-time bidding information about Purv Flexipack IPO.

Purv Flexipack IPO Timetable

IPO opens OnTuesday, February 27, 2024
IPO Closes OnThursday, February 29, 2024
Finalisation of Basis of AllotmentFriday, March 1, 2024
Initiation of RefundsMonday, March 4, 2024
Credit of Shares to Demat AccountMonday, March 4, 2024
IPO Listing DateTuesday, March 5, 2024
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