Barflex Polyfilms Ltd logo

Barflex Polyfilms IPO

  • Status: Preopen
  • RHP:
  • ₹ 114,000 / 2000 shares

    Minimum Investment

IPO Details

  • Open Date

    10 Jan 2025

  • Close Date

    15 Jan 2025

  • IPO Price Range

    ₹ 57 to ₹ 60

  • IPO Size

    ₹ 39.42 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    20 Jan 2025

With just a few clicks, Invest in IPOs!

+91

By proceeding, you agree to all T&C*

hero_form

Last Updated: 07 January 2025 5:11 AM by 5Paisa

Barflex Polyfilms IPO is set to open on 10 January 2025 and will close on 15 January 2025. Barflex Polyfilms specializes in COEX films, laminates, and labels for industries like FMCG, pharma, and construction.

The IPO is a combination of a fresh issue of 0.21 Cr shares aggregating to ₹12.32 Cr and an offer for sale of 0.45 Cr shares aggregating to ₹27.10 Cr. The price band is set at ₹57 to ₹60 per share and the lot size is 2,000 shares. 

The allotment is scheduled to be finalised on 15 January 2025. It will go public on NSE SME, with a tentative listing date of 20 January 2025.

Almondz Financial Services Ltd is the book running lead manager, while Maashitla Securities Pvt Ltd is the registrar. 

Barflex Polyfilms IPO Size

Types Size
Total IPO Size ₹39.42 Cr.
Offer For Sale ₹27.10 Cr.
Fresh Issue ₹12.32 Cr.

 

 Barflex Polyfilms IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 114,000
Retail (Max) 1 2000 114,000
HNI (Min) 2 4000 228,000

1. Funding capital expenditure towards the purchase of additional plant and machinery
2. General Corporate Purpose
 

Barflex Polyfilms Limited specializes in COEX films, laminates, and labels for industries like FMCG, pharma, and construction. With three units in Himachal Pradesh and 182 employees, it offers 3-layer and 5-layer films, vacuum pouches, and PVC shrink labels. Expansion plans include 7-layer films, supported by a diverse product range and experienced promoters.

Established in: 2005
MD: Mr. Jaiwant Berry

Peers

Uma Converter Ltd
Purv Flexipack Ltd
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 94.10 110.41 116.12
EBITDA 10.01 12.07 17.93
PAT 7.94 10.13 16.24
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 45.29 56.65 72.41
Share Capital 22.70 22.70 22.70
Total Borrowings 0.26 0.17 0.14
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 6.93 15.40 13.74
Net Cash Generated From / (used in) investing activities -8.91 -2.73 -13.91
Net Cash Generated From / (used in) financing activities -0.20 -0.14 -0.42
Net Increase (Decrease) In Cash And Cash Equivalents -2.17 12.53 -0.58

Strengths

1. Diverse product range catering to multiple industries.
2. Strong relationships with prominent domestic brands.
3. Established presence across various industry verticals.
4. Three manufacturing units ensure consistent production.
5. Experienced promoters ensure organizational stability.
 

Risks

1. Heavy reliance on the domestic market for sales.
2. Limited geographical presence outside India.
3. High dependence on a few key customers.
4. Expansion plans may require significant capital investment.
5. Vulnerability to raw material price fluctuations.
 

Will You Apply for Barflex Polyfilms IPO?

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form

FAQs

Barflex Polyfilms IPO opens from 10 January 2025 to 15 January 2025.

The size of Barflex Polyfilms IPO is ₹39.42 Cr.

The price of Barflex Polyfilms IPO is fixed at ₹57 to ₹60 per share. 

To apply for Barflex Polyfilms IPO, follow the steps given below:

●  Login to your 5paisa account and select the issue in the current IPO section    
●  Enter the number of lots and the price at which you wish to apply for the Barflex Polyfilms  IPO.    
●  Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Barflex Polyfilms IPO is 2,000 shares and the investment required is ₹114,000.

The share allotment date of Barflex Polyfilms IPO is 16 January 2025

The Barflex Polyfilms IPO will be listed on 20 January 2025.

Almondz Financial Services Ltd is the book running lead manager for Barflex Polyfilms IPO.
 

Barflex Polyfilms plans to utilise the raised capital from the IPO for:

1. Funding capital expenditure towards the purchase of additional plant and machinery
2. General Corporate Purpose