Barflex Polyfilms Limited IPO

NSE SME

Listed On: Jan 20, 2025 at ₹ 60.0

₹ 120000 /2000 Shares

Check Allotment

Barflex Polyfilms IPO Details

10 Jan, 2025

Open Date

15 Jan, 2025

Close Date

16 Jan, 2025

Allotment Date

20 Jan, 2025

Listing Date

Issue Price

₹57-60 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

60.0

Listing Date

2025-01-20

Market Lot

2000 Shares (₹120,000/-)

Lead Manager

Almondz Financial Services Ltd

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)

Retail Portion

35%

Subscription

151.56 times

IPO Docs

DRHP RHP

The IPO of Barflex Polyfilms is priced at ₹57-60 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Maashitla Securities Private Limited is the registrar of the issue.

Barflex Polyfilms IPO bid opening date is from Jan 10, 2025 and the bid closing date was Jan 15, 2025.
Barflex Polyfilms IPO allotment result will be available on Jan 16, 2025. The tentative listing date for Barflex Polyfilms is Jan 20, 2025.

The total issue size 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).

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

Total No. of Applications: 1,16,416 (Approx)

Barflex Polyfilms Valuations

EPS Pre IPO

₹7.15/-

EPS Post IPO

₹8.18/-

P/E Pre IPO

8.39

P/E Post IPO

7.34

ROE

25.44%

ROCE

27.21%

RoNW

25.44%

PAT Margin

14.73

Price to Book Value

2.13

Barflex 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: %

Company Promoter(s)

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

Company Contact Details

Barflex Polyfilms

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/

Registrar Contact Details

Maashitla 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.