The Purva Flexi IPO is currently open for subscription from October 22 to October 24, 2024, with a price band set between ₹360 and ₹380 per share. This IPO has already attracted significant interest, boasting a subscription status of 3.72 times on its first day. Additionally, the grey market premium (GMP) is reported at ₹265, indicating strong demand and a favorable listing price expected on October 29, 2024. Investors can check their Purva IPO allotment status via the Purva Share Registry website after the allotment date, anticipated to be on October 26, 2024. If you want to learn how to analyze IPOs like this one or even better, contact us or visit our website, GRM IIT. We offer expert training in trading and investment analysis, ensuring you can make informed decisions.
Key Information About Purva Flex IPO
Purva IPO Price
- Open Date: October 22, 2024
- Close Date: October 24, 2024
- Listing Date: October 29, 2024
- Price Band: ₹360 – ₹380
- Lot Size: 300 shares
- Minimum Investment: ₹1,14,000
The Purva IPO price is set between ₹360 and ₹380, making it accessible for a wide range of investors.
Purva IPO Allotment Status
- Overall Subscription Rate: 3.72 times
- Retail Category Subscription: Strong interest noted
The Purva IPO allotment status shows a promising outlook, indicating that this IPO is drawing considerable interest from retail investors.
Company Overview of Purva Flexi
Purva Flexi specializes in manufacturing flexible packaging solutions, catering to various sectors, including food and beverages, pharmaceuticals, and consumer goods. With an established reputation in the packaging industry, the company is poised for growth, making its IPO a potentially lucrative opportunity for investors.
Grey Market Premium (GMP) for Purva Flex IPO
Currently, the GMP for Purva Flexi’s IPO stands at ₹265. This indicates that investors anticipate the shares will list significantly above the upper price band of ₹380, suggesting a positive outlook for the Purva share price target upon listing.
How to Check Allotment Status for Purva Flex IPO
Investors can easily check their Purva IPO allotment status by visiting the Purva Share Registry website or through the link provided in their IPO application confirmation email. The allotment date is expected to be on October 26, 2024. For those interested, here’s how to find your Purva share registry IPO allotment status:
- Visit the Purva Share Registry website.
- Enter the required details such as application number or PAN.
- View your allotment status.
If you’re looking to contact Purva for any inquiries, you can reach out via their Purva share registry contact number available on their official website.
Purva Flex IPO Allotment Status Updates
The Purva flex IPO allotment status will be closely monitored as the allotment date approaches. Investors should remain vigilant and check their status on the Purva Share Registry site.
Purva Share Price Target
The anticipation around the Purva share price target is heightened due to the strong subscription figures and positive GMP. These factors reflect robust investor interest in Purva Flexi’s growth potential in the packaging sector. With increasing demand for sustainable packaging solutions, this IPO could be an attractive opportunity for investors.
Conclusion
The Purva Flexi IPO presents a promising investment opportunity in a growing sector. With solid demand and positive market sentiment, it stands out as a compelling option for investors. For expert insights into this IPO and other investment opportunities, GRM IIT provides superior guidance tailored to help you navigate the complexities of financial markets effectively.
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