February 27, 2024 - February 29, 2024

Purv Flexipack IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Purv Flexipack IPO.

Purv Flexipack IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Purv Flexipack IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Purv Flexipack IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is a flagship company of Purv group that has one listed company i.e. Cool Caps and PFL is holding around 62% equity in this subsidiary. The company has posted growth in its top and bottom lines for the reported periods. Based on FY24 annualized earnings, the issue appears reasonably priced. Investors may lap it up for the medium to long term rewards. Read detail review...

Purv Flexipack IPO Peer Comparison

Purv Flexipack Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Purv Flexipack Limited	5.85	5.85	53.97	13.17	10.84
Sah Polymers Limited	2.10	2.10	33.95	54.95	4.29	2.06

Notes:

Considering the nature and size of the business of the Company, the peers are not strictly comparable. However, the above Companies have been included for broad comparison.
Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company for the year ended March 31, 2023.
P/E Ratio has been computed based on the closing market price of equity shares on NSE Ltd as on January 25, 2024, divided by the Basic EPS provided above in the table.
For listed peers, RONW is computed as profit after tax for the year ended March 31, 2023, divided by Shareholder's equity.
Shareholder's Equity has been computed as sum of paid-up share capital and reserve & surplus.
Net Asset Value per share ("NAV") (in Rs.) is computed as the closing net worth divided by the equity shares outstanding as on March 31, 2023.

Purv Flexipack IPO Review by Members

Purv Flexipack IPO Reviews, analysis and views by popular members. Read Purv Flexipack Limited IPO reviews by retail investors to find recommended ipo to buy.

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Purv Flexipack IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	0	0
%	100.00	0.00	0.00	0.00

Member	Review
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Apply for Listing Gain at Upper Price Band Apply Apply Apply Dhamaakedaar February 27, 2024 4:24:43 PM
RAMU	Apply for Long Term at Upper Price Band Well known and Cash rich promoter background. Another multibagger from the promoter in offing. Cool Caps Ltd. promoter holds good reputation in Market. Grab this SME IPO for multi fold returns. Apply in bulk February 20, 2024 3:05:39 PM

Member

Review

B.M.SURANA

IPO Guru (2600 Posts, 4800+ Likes)

Apply for Listing Gain at Upper Price Band

Apply Apply Apply
Dhamaakedaar

February 27, 2024 4:24:43 PM

RAMU

Apply for Long Term at Upper Price Band

Well known and Cash rich promoter background. Another multibagger from the promoter in offing. Cool Caps Ltd. promoter holds good reputation in Market.
Grab this SME IPO for multi fold returns. Apply in bulk

February 20, 2024 3:05:39 PM

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