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Incorporated in 1966 as Saurabh Potteries & Ceramics, Flexituff International Ltd is today in the business of manufacturing Flexible Intermediate Bulk Containers (FIBC), Geo-Textile Fabric and Ground Cover, Reverse Printed Biaxially Oriented Polypropylene (BOPP) Woven Bags, Special Polypropylene (PP) Bags including Leno Bags.
Company has three integrated and self-sufficient manufacturing units located in Pithampur (M.P.) and Kashipur (Uttrakhand). Flexituff also has a recycling and reprocessing plant at Kandla which is used for recovering polypropylene and making various compounds of plastic.
Flexituff International have a Research and Development centre at Kashipur which is engaged in the research and development of various compounds for plastic products including engineering plastic, bio-degradable plastic and other new product developments.
Company received 4 Top Exporter Awards from Ministry of Commerce for exporting FIBC and woven products from India in recent years. Check out Presentation for Investors by Flexituff International.
1. Expansion of manufacturing facilities at SEZ and DTA units at Pithampur;
2. Setting up of Dripper Project at Kashipur;
3. Working capital requirements;
4. General corporate purposes;
5. To meet Issue expenses.
| IPO Date | Sep 29, 2011 to Oct 5, 2011 |
| Listing Date | Oct 19, 2011 |
| Face Value | ₹10 per share |
| Price | ₹145 to ₹155 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 6,750,000 shares (aggregating up to ₹104.63 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | 3375000 |
| NII (HNI) Shares Offered | 1012500 |
| Retail Shares Offered | 2362500 |
| Total Shares Offered | 6,750,000 |
The Flexituff IPO lot size is 40 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹6,200 |
| Retail (Max) | 32 | 1280 | ₹198,400 |
| Lot Size Calculator | |||
CARE has assigned an IPO Grade 3 to Flexituff International IPO. This means as per CARE, company has ' Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Flexituff International IPO Report
[Dilip Davda]
Apply for medium to long term returns.
Read detail review...The Flexituff IPO is subscribed 1.17 times on Oct 5, 2011 5:00:00 PM. The public issue subscribed 1.60 times in the retail category, 0.51 times in the QIB category, and 2.35 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.51 |
| NII | 2.35 |
| Retail | 1.60 |
| Total | 1.17 |
| Listing Date | Oct 19, 2011 |
| BSE Script Code | 533638 |
| NSE Symbol | FLEXITUFF |
| ISIN | INE060J01017 |
| IPO Price | ₹155 per share |
| Price Details |
|---|
| IPO Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹155.00 |
| ₹155.00 |
| ₹142.00 |
| ₹185.40 |
| ₹166.40 |
| NSE |
|---|
| ₹155.00 |
| ₹156.90 |
| ₹142.00 |
| ₹187.70 |
| ₹165.55 |
Flexituff International Ltd
2nd floor, Main Building,
19, R.N. Mukherjee Road,
Kolkata 700 001, West Bengal
Phone: +91 33 40053995
Email: investors@flexituff.com
Website: http://www.flexituff.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: flexituff.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Flexituff IPO is a main-board IPO of 6,750,000 equity shares of the face value of ₹10 aggregating up to ₹104.63 Crores. The issue is priced at ₹145 to ₹155 per share. The minimum order quantity is 40 Shares.
The IPO opens on Sep 29, 2011, and closes on Oct 5, 2011.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Flexituff IPO opens on Sep 29, 2011 and closes on Oct 5, 2011.
Flexituff IPO lot size is 40 Shares and the minimum order quantity is .
You can apply in Flexituff IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Flexituff IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Flexituff IPO allotment status.
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