Barflex Polyfilms IPO Details
The Barflex Polyfilms IPO is a book build issue with a total issue size of ₹39.42 cr, comprising of fresh issue of 2053000 equity shares., and a offer for sale of 4516875 equity shares. Barflex Polyfilms IPO opened for subscription on Jan 10, 2025 and closed on Jan 15, 2025. Barflex Polyfilms IPO is set price band at ₹57 to ₹60 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹240,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 16, 2025, and listed on the NSE on Jan 20, 2025.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Almondz Financial Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Barflex Polyfilms IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 57 – 60
- Lot Size
- 2000
- Issue Size
- ₹39.42 Cr
- Minimum Investment
- ₹240000 (4000 Shares)
- Listing Date
- 20 January 2025
Current GMP
₹13 (+21.67%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Barflex Polyfilms Limited
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.
Barflex Polyfilms IPO Promoters
- Mr. Jaiwant Bery
- Mrs. Nomita Bery
Promoters Holding
Holding Pre Issue
92.66%
Holding Post Issue
0.00%
Barflex Polyfilms IPO Objective
The company intends to utilize the Net Proceeds for the following Objects
- Funding capital expenditure towards the purchase of additional plant and machinery
- 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
Book Running Lead Managers
- Almondz Financial Services Limited
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 with a total issue size of ₹39.42 crore. The Barflex Polyfilms IPO price band is ₹57 to 60 per share. The Barflex Polyfilms IPO subscription opens on Fri, Jan 10, 2025, and closes on Wed, Jan 15, 2025. The Barflex Polyfilms IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Barflex Polyfilms IPO.
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 per share.
Barflex Polyfilms IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
The minimum investment for Barflex Polyfilms IPO is ₹240000, based on one lot of 2000 shares at the upper price band of ₹60 per share.
Investors can apply for the Barflex Polyfilms IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jan 15, 2025. The application amount remains blocked until the Barflex Polyfilms IPO allotment is finalized.
Barflex Polyfilms IPO issue size is ₹39.42 crores.
Barflex Polyfilms IPO allotment date is Wed, Jul 1, 2026.
The registrar for Barflex Polyfilms IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Barflex Polyfilms IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.