Barflex Polyfilms Limited, a key player in the flexible packaging industry, is set to launch its Initial Public Offering (IPO) on January 10, 2025. The ₹39.42 crore book-built issue includes a fresh issue of 20.53 lakh shares worth ₹12.32 crores and an offer for sale (OFS) of 45.17 lakh shares aggregating ₹27.10 crores. The subscription window closes on January 15, 2025, with the allotment date scheduled for January 16, 2025. The IPO will list on NSE SME, with a tentative listing date of January 20, 2025.
Key Details of Barflex Polyfilms IPO
| Parameter | Details |
|---|---|
| IPO Dates | January 10, 2025 – January 15, 2025 |
| Listing Date | January 20, 2025 (tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹57 – ₹60 per share |
| Lot Size | 2,000 shares |
| Minimum Investment (Retail) | ₹1,20,000 |
| Minimum Investment (HNI) | ₹2,40,000 (2 lots) |
| Issue Type | Book Built Issue IPO |
| Total Issue Size | 65.69 lakh shares (₹39.42 Cr) |
| Fresh Issue | 20.53 lakh shares (₹12.32 Cr) |
| Offer for Sale (OFS) | 45.17 lakh shares (₹27.10 Cr) |
Barflex Polyfilms Limited IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opening Date | January 10, 2025 |
| IPO Closing Date | January 15, 2025 |
| Allotment Finalization | January 16, 2025 |
| Refund Initiation | January 17, 2025 |
| Shares Credited to Demat | January 17, 2025 |
| Listing Date | January 20, 2025 (tentative) |
Barflex Polyfilms Limited Investment Requirements
| Investor Type | Minimum Investment | Maximum Investment | Lot Size |
|---|---|---|---|
| Retail | ₹1,20,000 | ₹1,20,000 | 2,000 shares |
| HNI | ₹2,40,000 | – | 4,000 shares |
Barflex Polyfilms Limited IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% of the Net Issue |
| Retail Investors | Not less than 35% of the Net Issue |
| Non-Institutional Investors (HNI) | Not less than 15% of the Net Issue |
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About Barflex Polyfilms Limited
Barflex Polyfilms Limited, incorporated in 2005, specializes in the production of COEX films, laminates, and labels. Its products cater to various industries, including FMCG, processed foods, adhesives, pharmaceuticals, cosmetics, and construction. The company operates three manufacturing units in Baddi, Himachal Pradesh, and is expanding its product range to include 7-layer films to meet client demand.
Competitive Strengths
- Diverse product portfolio across multiple industries.
- Established relationships with key clients.
- Robust manufacturing capabilities and widespread market presence.
Barflex Polyfilms Limited Financial Information (Restated)
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Lakhs) | 8,823.88 | 7,241.01 | 5,665.06 | 4,528.96 |
| Revenue (₹ Lakhs) | 7,802.09 | 11,612.11 | 11,040.76 | 9,410.27 |
| Profit After Tax (₹ Lakhs) | 1,349.28 | 1,623.55 | 1,013.07 | 794.09 |
| Net Worth (₹ Lakhs) | 7,732.15 | 6,382.87 | 4,759.32 | 3,746.26 |
| Reserves and Surplus (₹ Lakhs) | 5,462.45 | 4,113.17 | 2,489.62 | 1,476.56 |
| Total Borrowing (₹ Lakhs) | 11.51 | 13.59 | 16.50 | 25.87 |
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.
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