Purv Flexipack is finalizing IPO share allotment. Investors can check status on Link Intime India s website. Priced at Rs 71, shares trade with a premium of Rs 110. Proceeds will be used for debt repayment and working capital. Holani Consultants is the lead manager.
Purv Flexipack s IPO aims to raise Rs 40.21 crore by offering shares at Rs 70-71. It is a DCA and DOPW, distributing plastic products. The IPO opens on February 27 and reserves portions for different types of investors.
Purv Flexipack to raise ₹40 cr via IPO on NSE Emerge - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Udaipur, Rajasthan-based Sah Polymers Limited, has received capital markets regulator, Securities and Exchange Board of India s approval to raise funds through an initial public offering.