Barflex Polyfilms Limited manufactures COEX films, laminates, and labels. The company produces flexible packaging materials for the FMCG industry, processed foods, adhesives, engineering applications, pharmaceuticals, cosmetics, construction, etc.
The company’s primary customers include well-known brands in their sectors and within the domestic market.
The company produces 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels. The company plans to add 7-layer films post-expansion to become the preferred packaging vendor for its customers.
The company has three manufacturing units in Baddi, Himachal Pradesh.
As of May 31, 2024, the company employed 182 individuals, comprising 102 full-time employees and 80 contract workers.
Barflex Polyfilms IPO – Details
| IPO Opening Date | 10 January 2025 |
| IPO Closing Date | 15 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 65,69,875 Shares Worth ₹39.42 Crore Fresh Issue: 65,69,875 Shares Worth ₹39.42 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹57 – ₹60 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Barflex Polyfilms IPO – Date Schedule
| IPO Open Date | 10 January 2025 |
| IPO Close Date | 15 January 2025 |
| Basis of Allotment | 16 January 2025 |
| Initiation of Refund | 17 January 2025 |
| Credit of Shares to Demat Account | 17 January 2025 |
| IPO Listing Date | 20 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 15, 2025 |
Barflex Polyfilms IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,20,000 |
| Retail (Max) | 1 | 2000 | ₹1,20,000 |
| HNI (Min) | 2 | 4000 | ₹2,40,000 |
Competitive Strengths
- A diverse range of products for industries such as FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, and construction.
- Presence across diverse industry verticals with relationships with its clients.
- Widespread market presence.
- Organizational stability along with Promoter’s experience.
Company Promoters
- Mr. Jaiwant Bery
- Mrs. Nomita Bery
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 94.10 | 84.32 | 7.94 | 0.25 |
| 31 March 2023 | 110.40 | 98.04 | 10.13 | 0.16 |
| 31 March 2024 | 116.12 | 93.21 | 16.23 | 0.13 |
| 30 November 2024 | 78.02 | 58.98 | 13.49 | 0.11 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 25.44% |
| ROCE | 27.21% |
| RoNW | 25.44% |
| PAT Margin | 14.73 |
| Price to Book Value | 2.13 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 7.15 | 8.18 |
| P/E (x) | 8.39 | 7.34 |
Object Of The Issue
- Funding capital expenditure towards the purchase of additional plant and machinery.
- General Corporate Purpose.
Barflex Polyfilms IPO Promoter Holding
| Pre Issue Share Holding | 92.66% |
| Post Issue Share Holding | – |
Barflex Polyfilms IPO Prospectus
Company Contact Information
| 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/ |
Barflex Polyfilms IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: compliance@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Barflex Polyfilms IPO Lead Manager(s)
| 1. Almondz Financial Services Ltd |
Barflex Polyfilms IPO FAQs
| What is Barflex Polyfilms IPO? Barflex Polyfilms IPO is an SME IPO. The issue is priced at ₹57 – ₹60 per equity share. The IPO is to be listed on NSE SME. |
| When Barflex Polyfilms IPO will open? The IPO is to open on 10 January 2025 for QIB, NII, and Retail Investors. |
| What is Barflex Polyfilms IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, and NII – 15%. |
| How to Apply the Barflex Polyfilms IPO? You can apply Barflex Polyfilms IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Barflex Polyfilms IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Barflex Polyfilms IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Barflex Polyfilms IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Barflex Polyfilms IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Barflex Polyfilms IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Barflex Polyfilms IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Barflex Polyfilms IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Barflex Polyfilms IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Barflex Polyfilms IPO Size? Barflex Polyfilms IPO size is ₹39.42 Crore. |
| What is Barflex Polyfilms IPO Price Band? Barflex Polyfilms IPO Price Band is ₹57 – ₹60. |
| What is Barflex Polyfilms IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2000 Shares with ₹1,20,000 amount while the maximum bid is 2000 Shares with ₹1,20,000. |
| What is the Barflex Polyfilms IPO Allotment Date? Barflex Polyfilms IPO allotment date is 16 January 2025. |
| What is the Barflex Polyfilms IPO Listing Date? Barflex Polyfilms IPO listing date is 20 January 2025. The IPO is to be listed on NSE SME. |
