Barflex Polyfilms IPO
Barflex Polyfilms is an NSE SME IPO listed on the NSE SME platform, priced at ₹57–₹60 per share. The stock debuted at ₹60 with a flat listing performance. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,20,000.
Barflex Polyfilms Limited IPO
- IPO Dates
- Jan 10, 2025 – Jan 15, 2025
- Price band
- ₹57-60 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹39.42 Cr
- Lot size
- 2000
- Allotment Date
- Jan 16, 2025
- Listing
- Jan 20, 2025
- Listing At
- NSE SME
IPO timeline
-
Jan 10, 2025
Open Date
Completed
-
Jan 15, 2025
Close Date
Completed
-
Jan 16, 2025
Allotment Date
Completed
-
Jan 20, 2025
Listing Date
Completed
Barflex Polyfilms IPO Essentials
Barflex Polyfilms IPO Details
Barflex Polyfilms IPO is priced at ₹57-60 per share with a total issue size of 39.42 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹57-60 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue 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) - Total issue size
- 65,69,875 shares
(aggregating up to ₹39.42 crore) - Fresh issue
- 20,53,000 shares
(aggregating up to ₹12.32 crore) - Offer for sale (OFS)
- 45,16,875 shares
(aggregating up to ₹27.1 crore) - Listing at
- NSE SME
- List price
- 60.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Almondz Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,20,000 |
| Retail(max) | 1 | 2000 | ₹1,20,000 |
| NII (min) | 2 | 4,000 | ₹2,40,000 |
Barflex Polyfilms IPO Reservation
Barflex Polyfilms IPO reservation details show category-wise allocation of shares. Out of the total 65,68,000 shares, approximately 19% are reserved for QIB, 14.24% for NII, 33.22% for retail investors, 5.1% for market maker, and 28.44% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 18,68,000 (28.44%) | |
| Market Maker Shares Offered | 3,35,000 (5.1%) | |
| QIB Shares Offered | 12,48,000 (19%) | |
| NII (HNI) Shares Offered | 9,35,000 (14.24%) | |
| Retail Shares Offered | 21,82,000 (33.22%) | |
| Total Shares Offered | 65,68,000 (100%) |
Barflex Polyfilms IPO Analytics
Barflex Polyfilms IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Barflex Polyfilms IPO Subscription Status
Barflex Polyfilms IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹7.15/-
- EPS Post IPO
- ₹8.18/-
- P/E Pre IPO
- 8.39
- P/E Post IPO
- 7.34
Returns
- ROE
- 25.44%
- ROCE
- 27.21%
- RoNW
- 25.44%
- PAT Margin
- 14.73
Fundamentals
- Price / Book
- 2.13
Barflex Polyfilms Financials( In Lakhs)
| 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 |
Barflex Polyfilms Company & Offer Insights
About Barflex Polyfilms
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)
Mr. Jaiwant Bery, Mrs. Nomita Bery are the company's promoters of Barflex Polyfilms.
Barflex Polyfilms IPO Issue Objectives
- •
- Funding capital expenditure towards the purchase of additional plant and machinery
- •
- General Corporate Purpose
Barflex Polyfilms IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Barflex Polyfilms Limited | 7.24 | 7.24 | 28.21 | N/A | 25.44 | 2.14 | N/A |
| Uma Converter Limited | 2.07 | 2.07 | 33.25 | 14.25 | 6.21 | 0.88 | Consolidated |
| Purv Flexipack Limited | 7.24 | 7.24 | 28.21 | 41.79 | 25.66 | 5.93 | Consolidated |
Notes:
- Source for Barflex Polyfilms Limited: Based on the Restated Financial Statements for the year ended March 31, 2024.
- P/E Ratio shall be computed at the Issue Price.
- RONW has been computed as Net Profit after tax, as restated, divided by Average Net-worth, as restated (Net worth includes share capital and reserves and surplus).
- NAV is computed as the net worth as of the end of March 31, 2024, divided by the weighted outstanding number of equity shares as of March 31, 2024.
Contact Information
Contact Details
Barflex Polyfilms
+91- 9810021106
A-33, Third Floor, FIEE Complex, Okhla Industrial Area, Phase-II, Near C Lal Chowk, New Delhi-110020
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Barflex Polyfilms IPO is a book-built IPO worth ₹39.42 crore. The price band is ₹57–₹60 per share. The IPO opens on Jan 10, 2025 and closes on Jan 15, 2025. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The price band of Barflex Polyfilms IPO is ₹57 to ₹60 per share.
The lot size of Barflex Polyfilms IPO is 2000 shares.
The minimum investment for Barflex Polyfilms IPO is approximately ₹1,20,000 based on the upper price band .
Barflex Polyfilms IPO opens on Jan 10, 2025 and closes on Jan 15, 2025.
The allotment date of Barflex Polyfilms IPO is Jan 16, 2025.
Barflex Polyfilms IPO is expected to be listed on Jan 20, 2025, on NSE SME Platform.
Barflex Polyfilms IPO valuation snapshot: P/E 7.34, EPS ₹8.18/-, P/B 2.13, RoNW 25.44%, and market cap N/A.
To apply for Barflex Polyfilms IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Barflex Polyfilms IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Barflex Polyfilms IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Barflex Polyfilms IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Barflex Polyfilms IPO allotment status on IPO Ji for quick and easy access.