Barflex Polyfilms IPO - Day 4 Subscription at 18.48 Times

resr 5paisa Research Team

Last Updated: 15th January 2025 - 02:11 pm

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Barflex Polyfilms' initial public offering (IPO) has received strong investor interest over the four-day period. The IPO demonstrated consistent growth in demand, with subscription rates progressing from 1.35 times on day one, to 4.31 times on day two, 12.23 times on day three, and reaching an impressive 18.48 times by 10:54:59 AM on the final day.

Barflex Polyfilms IPO opened on 10th January 2025 and has seen notable participation across most categories. The Retail Investors segment has shown exceptional interest, reaching 24.26 times subscription, while Non-Institutional Investors achieved remarkable subscription at 29.67 times. The QIB portion is yet to see participation.

This robust response comes amid positive sentiment in the Indian stock market, particularly towards companies in the flexible packaging materials sector. Being listed on the NSE SME platform, the issue has attracted significant attention from retail and non-institutional investors.
 

Subscription Status of Barflex Polyfilms IPO:

Date QIB NII Retail Total
Day 1 (Jan 10) 0.00 0.69 2.40 1.35
Day 2 (Jan 13) 0.00 3.60 7.07 4.31
Day 3 (Jan 14) 0.00 15.69 17.75 12.23
Day 4 (Jan 15)* 0.00 29.67 24.26 18.48

*As of 10:54:59 AM

Here are the subscription details for Barflex Polyfilms IPO as of Day 4 (15th January 2025, 10:54:59 AM):

Investor Category Subscription (times) Shares Offered Shares bid for Total Amount (Rs Cr.)
Anchor Investors 1.00 18,68,000 18,68,000 11.21
Market Maker 1.00 3,35,000 3,35,000 2.01
Qualified Institutions 0.00 12,48,000 0 0.00
Non-Institutional Buyers 29.67 9,35,000 2,77,43,000 166.46
Retail Investors 24.26 21,82,000 5,29,30,000 317.58
Total 18.48 43,65,000 8,06,73,000 484.04

Note:
 

"Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
The portions of anchor investors and market maker are not included in the total shares offered.

Key Highlights - Day 4

  • Overall subscription reached significant 18.48 times on the final day
  • Retail investors showing strong response at 24.26 times subscription
  • Non-Institutional Investors achieved impressive 29.67 times subscription
  • QIB portion yet to see participation
  • Total bids worth ₹484.04 crores received
  • Applications reached 28,219 showing strong retail interest
  • Market response indicating robust demand
  • Final day demonstrating solid investor confidence
  • Most categories showing significant oversubscription

 

Barflex Polyfilms IPO - Day 3 Subscription at 12.23 Times

Key Highlights

  • Overall subscription grew significantly to 12.23 times
  • Retail investors showed strong growth to 17.75 times
  • Non-institutional investors progressed to 15.69 times
  • QIB portion remained unsubscribed
  • Day three witnessed accelerated momentum
  • Market response indicating growing confidence
  • Subscription trend showing strong momentum
  • Most segments demonstrated substantial growth
  • Strong retail participation continued

 

Barflex Polyfilms IPO - Day 2 Subscription at 4.31 Times

Key Highlights:

  • Overall subscription increased to 4.31 times
  • Retail investors reached 7.07 times subscription
  • Non-institutional investors improved to 3.60 times
  • QIB portion awaiting participation
  • Day two showing steady progress
  • Market response building gradually
  • Subscription trend showing positive momentum
  • Most segments showing improved interest
  • Retail segment leading subscription

 

Barflex Polyfilms IPO - Day 1 Subscription at 1.35 Times

Key Highlights:

  • Overall subscription opened at 1.35 times
  • Retail investors began at 2.40 times
  • Non-institutional investors showed initial interest at 0.69 times
  • QIB portion yet to begin participation
  • Opening day demonstrated moderate response
  • Market sentiment positive in retail segment
  • Initial momentum indicating gradual interest
  • Day one subscription meeting expectations
  • Retail demand visible from start

 

About Barflex Polyfilms Limited

Incorporated in January 2005, Barflex Polyfilms Limited has established itself as a manufacturer of specialized packaging materials, focusing on COEX films, laminates, and labels. The company serves diverse sectors including FMCG, processed foods, pharmaceuticals, cosmetics, and construction industries.
Operating through three manufacturing units in Baddi, Himachal Pradesh, the company produces 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels. They plan to expand their capabilities to include 7-layer films to enhance their product portfolio.

Their financial performance shows strong growth, with revenue of ₹78.02 crores and profit after tax of ₹13.49 crores for the period ended November 30, 2024. The company maintains a workforce of 182 employees, including 102 full-time employees and 80 contract workers.
 

Highlights of the Ventive Hospitality IPO:

  • IPO type: Book Built Issue SME IPO
  • IPO size: ₹39.42 crores
  • Fresh Issue: ₹12.32 crores (20.53 lakh shares)
  • Offer for Sale: ₹27.10 crores (45.17 lakh shares)
  • Face value: ₹10 per share
  • Price band: ₹57 to ₹60 per share
  • Lot size: 2,000 shares
  • Minimum investment for retail investors: ₹1,20,000
  • Minimum investment for HNI: ₹2,40,000 (2 lots)
  • Market maker reservation: 3,35,000 shares
  • Listing at: NSE SME
  • IPO opens: 10th January 2025
  • IPO closes: 15th January 2025
  • Allotment date: 16th January 2025
  • Refund initiation: 17th January 2025
  • Credit of shares: 17th January 2025
  • Listing date: 20th January 2025
  • Lead Manager: Almondz Financial Services Ltd
  • Registrar: Maashitla Securities Private Limited
  • Market Maker: Almondz Global Securities Limited

 

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