Barflex Polyfilms Limited IPO is opening today on 10 January 2025 and will be running until 15 January 2025. This is an SME IPO, which is raising ₹39.42 crore from a combination of fresh issue and offer for sale. The firm is offering 20.53 lakh fresh equity shares amounting to ₹ 12.32 crore while the remaining ₹27.10 crore will be raised via 45.17 lakh equity shares.
The Barflex Polyfilms IPO allotment date will be finalized on Thursday, 16 January 2025. Barflex Polyfilms shares will be probably listed on NSE SME on Monday, 20 January 2025.
Barflex Polyfilms IPO’s price band has been set between ₹57 to ₹60 per share. The ipo lot size is 2000 per application which makes the minimum retail investment as ₹120000 while HNIs have to subscribe to at least 2 lots, or 4000 shares worth ₹ 240000.
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Barflex Polyfilms NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 10, 2025 |
| IPO Closing Date | January 15, 2025 |
| Tentative IPO Listing Date | January 20, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹57 to ₹60 per share |
| Lot Size | 2000 shares |
| Total Issue Size | 6569875 shares (₹39.42 Cr.) |
| Fresh Issue | 2053000 shares (₹12.32 Cr.) |
| OFS | 4516875 Shares (₹27.10 Cr.) |
| IPO Segment | Book Built IPO Issue |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 22697000 shares |
| Share Holding Post-Issue | 24750000 shares |
Barflex Polyfilms Limited | Company Overview
Barflex Polyfilms Limited was established in 2005 and now it has three manufacturing units in the Baddi town of Himachal Pradesh. The company is a well-known manufacturer of laminates, COEX films, and labels. Apart from these, the firm manufactures packaging materials for –
- FMCG Industry
- Adhesives
- Pharmaceuticals
- Processed foods
- Engineering applications
- Cosmetics
- Constructions
- Others
Other products include –
- 3-layer poly films
- 5-layer poly films
- Laminates
- Vacuum Pouches
- PVC Shrink labels
- Bulk liners
Barflex Polyfilms also planning to add 7-layer films after the expansion and this can make it one of the most preferred vendors for Polyfilms in the market.
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Barflex Polyfilms Limited IPO | Key Details
- Barflex Polyfilms IPO Opening Date: January 10, 2025,
- Barflex Polyfilms IPO Closing Date: January 15, 2025.
- Allotment Date: January 16, 2025
- Price Band: ₹57 to ₹60 per share
- Lot Size: 2000 shares
- Refunds Initiated: January 17, 2025
- Shares Credited to Demat: January 17, 2025
- Listing Date: January 20, 2025
Barflex Polyfilms Ltd: Financial Overview
Barflex Polyfilms Limited managed to increase its profits by 60.26% in FY24 from a 5.17% rise in revenue during the period. On top of that, it reduced its total borrowing by 17.64% too.
Here are the details of the financials of the firm
Amounts in ₹ Lakhs
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 7,241.01 | 5,665.06 | 1,575.95 | 27.82 |
| Revenue | 11,612.11 | 11,040.76 | 571.35 | 5.17 |
| Profit After Tax | 1,623.55 | 1,013.07 | 610.48 | 60.26 |
| Net Worth | 6,382.87 | 4,759.32 | 1,623.55 | 34.11 |
| Reserve & surplus | 4,113.17 | 2,489.62 | 1,623.55 | 65.21 |
| Total Borrowing | 13.59 | 16.5 | -2.91 | -17.64 |
FAQs | Barflex Polyfilms Ltd IPO
Barflex Polyfilms Ltd is engaged in the manufacturing of laminates, 3-layer, 5-layer, poly films, packaging materials for different industries, and other similar products.
The tentative IPO listing date of Barflex Polyfilms has been fixed as Monday, January 20, 2025.
The bidding date for the Barflex Polyfilms IPO is January 10, 2025, and it will continue until January 15, 2025.
The minimum IPO lot size for Barflex Polyfilms is 2000 shares. The HNIs need to subscribe to at least two lots.
The IPO allotment is expected to be finalized on Thursday, January 16, 2025.
The IPO face value is set at ₹10 per share.
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