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Barflex Polyfilms IPO

Open Sme
NSE 10 January - 15 January 2025
Barflex Polyfilms Limited IPO is a book build issue of 39.42 Cr. The issue is a combination of fresh issue of 2053000 shares aggregating to 12.32 Cr and offer for sale of 4516875 shares aggregating to 27.1 Cr. Barflex Polyfilms Limited IPO opened for subscription on Jan 10, 2025 and closed on Jan 15, 2025. The allotment for the this IPO was finalized on Jan 16, 2025. IPO was listed on NSE and BSE on Jan 20, 2025. Barflex Polyfilms Limited IPO is set issue price band at ₹57 to ₹60 per share.

Current GMP

₹13 (+21.67%)

Price Band

₹ 57 – 60

Lot Size

2000

Issue Size

₹39.42 Cr

Minimum Investment

₹240000 (4000 Shares)

Listing Date

20 January 2025

Subscription

151.53x

About the Company

Barflex Polyfilms Limited was established on January 24, 2005, as a private limited company, specializing in the manufacture of flexible packaging materials. Its first manufacturing unit, Unit-I, located in Baddi, Himachal Pradesh, produces barrier COEX films, laminates, and PVC labels with an annual capacity of 2400 MT.

In 2008, the company expanded its operations by setting up two additional units to diversify and increase its customer base:

  • Unit-II was established near Unit-I with an annual capacity of 950 MT to produce PVC shrink sleeves.
  • Unit-III was set up at a different location in Baddi, with a focus on manufacturing PVC stretch and plastic films and pouches, at an annual capacity of 865 MT.

By 2011 and 2012, Unit-II's capacity was enhanced to 3000 MT per annum, which included the manufacturing of pouches, plastic films, laminates, and PVC shrink sleeves.

Barflex Polyfilms is involved in producing flexible packaging materials for various industries, including FMCG, processed foods, pharmaceuticals, cosmetics, engineering, and construction. Its product range includes 3-layer and 5-layer poly films, laminates, vacuum pouches, 5-layer bulk liners, and PVC shrink labels. The company plans to expand further by introducing 7-layer films, aiming to become a preferred packaging vendor for its customers.

Promoters

  1. Mr. Jaiwant Bery 
  2. Mrs. Nomita Bery
Promoters Holding

Holding Pre Issue

92.66%

Holding Post Issue

0.00%

Objects of the Issue

The company intends to utilize the Net Proceeds for the following Objects

  1. Funding capital expenditure towards the purchase of additional plant and machinery
  2. General Corporate Purpose

Address / Contact Info

Barflex Polyfilms Limited
A-33, Third Floor, FIEE Complex,
Okhla Industrial Area, Phase-II,
Near C Lal Chowk, New Delhi-110020

Phone: +91- 9810021106
Email: info@barflex.co.in
Website: http://www.barflex.co.in/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 57 – 60
Lot Size2000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 12.32 Cr
Offer for Sale₹ 27.10 Cr
Total Issue Size₹ 39.42 Cr
Listing AtNSE
Industry
Sector
QIB Quota0%
Retail Quota0%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Barflex Polyfilms IPO is a Book-building IPO worth ₹39.42 crores. The price band is ₹57 to 60 per share. The IPO opens on Fri, Jan 10, 2025 and closes on Wed, Jan 15, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.

The Barflex Polyfilms IPO opens on Fri, Jan 10, 2025 and closes on Wed, Jan 15, 2025

Barflex Polyfilms IPO Price Band is ₹57 to 60.

Barflex Polyfilms IPO lot size is 2000, and the minimum amount required for application is ₹240000.

The minimum investment for Barflex Polyfilms IPO is approximately ₹240000 based on the upper price band.

To apply for the Barflex Polyfilms IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Jan 15, 2025. After submission, funds are blocked until the basis of allotment of Barflex Polyfilms IPO is finalised.

Barflex Polyfilms IPO issue size is ₹39.42 crores.

Barflex Polyfilms IPO allotment date is Sat, Jun 27, 2026.

The registrar for Barflex Polyfilms IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Barflex Polyfilms IPO through their official website or helpline.

The Barflex Polyfilms IPO GMP (Grey Market Premium) is ₹13 as of Mon, Jan 20, 2025. Based on the upper price band of ₹60 per share, the estimated Barflex Polyfilms IPO listing price is ₹73, indicating a potential listing gain of approximately 31% over the issue price.