Barflex Polyfilms Limited IPO
NSE SMEListed On: Jan 20, 2025 at ₹ 60.0
₹ 120000 /2000 Shares
Check Allotment10 Jan, 2025
Open Date15 Jan, 2025
Close Date16 Jan, 2025
Allotment Date20 Jan, 2025
Listing DateIssue Price
₹57-60 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Maashitla Securities Private LimitedList Price
60.0Listing Date
2025-01-20Market Lot
2000 Shares (₹120,000/-)Lead Manager
Almondz Financial Services LtdIssue Size
Total ₹39.42 Cr :#Fresh Issue : 20,53,000 shares(aggregating up to ₹12.32 Cr) +
#OFS : 45,16,875 shares of ₹10(aggregating up to ₹27.10 Cr)
Retail Portion
35%Subscription
151.56 timesBarflex Polyfilms IPO Details
Barflex Polyfilms Limited IPO is an SME IPO, priced at ₹57-60 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 65,69,875 equity shares, aggregating up to ₹39.42 crores..
The IPO bidding window is open from Jan 10, 2025 to Jan 15, 2025. The allotment is expected to be finalized on Jan 16, 2025, and the tentative listing date is Jan 20, 2025.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Almondz Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Almondz Global Securities Limited will act as the market maker for this issue.
Barflex Polyfilms IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,48,000 / 9,35,000 | 21,82,000 | 43,65,800 |
| Day 1 - 10-01-25 06:00 PM | 0.00 / 0.69 x | 2.40 x | 1.35 x |
| Day 2 - 13-01-25 06:00 PM | 0.00 / 3.60 x | 7.07 x | 4.31 x |
| Day 3 - 14-01-25 06:00 PM | 0.00 / 15.69 x | 17.75 x | 12.23 x |
| Day 4 - 15-01-25 06:00 PM | 78.22 / 373.08 x | 98.48 x | 151.56 x |
Barflex Polyfilms Valuations
EPS Pre IPO
₹7.15/-EPS Post IPO
₹8.18/-P/E Pre IPO
8.39P/E Post IPO
7.34ROE
25.44%ROCE
27.21%RoNW
25.44%PAT Margin
14.73Price to Book Value
2.13Barflex Polyfilms Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 7,241.01 | 5,665.06 | 4,528.96 |
| Revenue | 11,612.11 | 11,040.76 | 9,410.27 |
| Profit After Tax | 1,623.55 | 1,013.07 | 794.09 |
| Net Worth | 6,382.87 | 4,759.32 | 3,746.26 |
| Reserves & Surplus | 4,113.17 | 2,489.62 | 1,476.56 |
| Total Borrowing | 13.59 | 16.5 | 25.87 |
About The Company
Barflex Polyfilms Limited was established in January 2005, and the products manufactured are COEX films, laminates, and labels. It produces flexible packaging materials for use in the FMCG industry, processed foods, adhesives, engineering applications, pharmaceuticals, cosmetics, construction, and more.
Major customers are top brands in their respective categories as well as domestic market customers.
The company manufactures 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels. The company is going to include 7-layer films after expansion, which will help the company be the preferred packaging vendor for its customers.
The company has three manufacturing units in Baddi, Himachal Pradesh.
The company had employed 182 individuals, out of whom 102 are full-time employees and 80 are contract workers, as on May 31, 2024.
Barflex Polyfilms - Promoter(s)
Pre Issue Share Holding: 92.66%
Post Issue Share Holding: %
- Mr. Jaiwant Bery
- Mrs. Nomita Bery
Barflex Polyfilms IPO - Issue Objectives
- Funding capital expenditure towards the purchase of additional plant and machinery
- General Corporate Purpose
Other Details
Barflex Polyfilms
A-33, Third Floor, FIEE Complex, Okhla Industrial Area, Phase-II, Near C Lal Chowk, New Delhi-110020Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Barflex Polyfilms IPO - FAQs
Ans. Barflex Polyfilms Limited IPO is a SME IPO. The issue is priced at ₹57-60 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 10, 2025, and closes on Jan 15, 2025. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Barflex Polyfilms Limited IPO opens on Jan 10, 2025 and closes on Jan 15, 2025.
Ans. The size of Barflex Polyfilms Limited IPO is Total ₹39.42 Cr : #Fresh Issue : 20,53,000 shares(aggregating up to ₹12.32 Cr) + #OFS : 45,16,875 shares of ₹10(aggregating up to ₹27.10 Cr).
Ans. The IPO price band is set between ₹57-60 per equity share.
Ans. To apply for Barflex Polyfilms Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Barflex Polyfilms Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Barflex Polyfilms Limited IPO is Jan 16, 2025.
Ans. The Barflex Polyfilms Limited IPO will be listed on Jan 20, 2025.
Ans. Follow the steps to check the allotment status for Barflex Polyfilms Limited IPO here.
