Barflex Polyfilms IPO
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
IPO Timeline
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
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.
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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
Contact Information
Barflex Polyfilms
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 Register
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
Almondz Financial Services Ltd