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Barflex Polyfilms Ltd. IPO

Q: What is the size of Barflex Polyfilms Ltd. IPO?

The size of the Barflex Polyfilms Ltd. IPO is &#8377;39.41 Cr.

Q: What is the price range of Barflex Polyfilms Ltd. IPO?

The price range of Barflex Polyfilms Ltd. IPO is at &#8377;57 to &#8377;60 per share.

Q: What is the minimum investment and lot size required for the Barflex Polyfilms Ltd. IPO?

The minimum investment required is &#8377;1,20,000 and minimum lot size is 2000 shares.

Min Investment

₹ 1,20,000 / 2000 shares

Price Range

₹57 - ₹ 60

Bidding Dates

10 Jan '25 - 15 Jan '25

Total Issue Value

39.41 Cr

Lot Size

2,000

Total Issue Size

39.41 Cr

Listing At

NSE SME

Subscription

181.33 times

NSE Price

75.40 (25.67%)

IPO Timeline

10 Jan 2025

Bidding Starts
15 Jan 2025

Bidding Ends
16 Jan 2025

Allotment Finalization
20 Jan 2025

Listing

About Barflex Polyfilms Ltd.

We are engaged in manufacturing of flexible packaging material like barrier COEX films, laminates and PVC (poly vinyl chloride) labels which is multi-functional and caters to the packaging requirements of various industries. Our product portfolio largely consists of 3 layer COEX films, 5 layer ... Read more

Parent organisation

Founded

Barflex Polyfilms Ltd.

2005

Barflex Polyfilms Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	18,70,200 (28.47%)
Market Makers	3,34,000 (5.09%)
Non Institutional Investors	9,35,100 (14.24%)
Qualified Institutional Buyers (QIBs)	12,46,800 (18.98%)
Retail Individual Investors (RIIs)	21,81,900 (33.22%)

Barflex Polyfilms Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	109.87 Cr	15.49 Cr	66.21 Cr
31 Mar 2024	116.12 Cr	16.24 Cr	41.13 Cr
31 Mar 2023	110.41 Cr	10.13 Cr	24.90 Cr

Barflex Polyfilms Ltd. Background

Major Events And Milestones

2006

Incorporated as ‘Hitkari Polyfilms Private Limited’ on January 24, 2005, having CIN U25209DL2005PTC132346.
Change in name from ‘Hitkari Polyfilms Private Limited’ to ‘Barflex Polyfilms Private Limited’ on June 30, 2005 consequent to order received from High Court, New Delhi dated May 31, 2005, informing that M/s Hitkari Potteries Limited has received stay order from High Court preventing our Company from using ‘HITKARI’ as a prefix or suffix in conjunction with another word.
Commenced commercial production of co-extruded multilayer plastic film with effect from October 03, 2005 and pouches made of co-extruded multilayer plastic film with effect from November 26, 2005, at our Unit -I with installed capacity of 2400 MT per annum 2008 &
2009

Commenced commercial production of PVC shrink sleeves with effect from April 24, 2008 at our Unit -II with installed capacity of 950 MT per annum.
Commenced commercial production of PVC stretch and plastic films and pouches with effect from October 22, 2008 at our Unit -III with installed capacity of 865 MT per annum.
2010

Entered into share subscription cum shareholders agreement with AA Development Capital India Fund 1, LLC (Investor) on December 06, 2010 for initial investment amount of ₹3500 lakhs and allotted 94,57,000 Equity Shares of the Company aggregating to 41.67% stake in our Company.
Set up a plant at C-44, Noida, Phase-II (Uttar Pradesh) to manufacture flexible packaging products 2011 &
2012

Revised the capacity of Unit-II with additional products manufacturing:
(a) Pouches with effect from December 15, 2011; and
(b) Plastic film with effect from March 31, 2012; and
(c) Laminates with effect from April 5,
thus, revising the total capacity of Unit-II to 3000 MT per annum.
2017

Our Company entered into One Time Settlement (OTS) with lender State Bank of India.
Registered the trademark of Company known by ‘BARFLEX’ in class 17 for ‘plastic films, sheets, pouches and laminates’ on January 15, 2017 which is valid upto September 15, 2030.
2018

Proceedings initiated against the Promoters of our Company which was settled between the parties through settlement deed dated July 24, 2018.
2021

Procured ISO certification 9001:2015 dated May 24, 2021 for manufacturing and supply of co-extruded multi-layer plastic films, laminates, pouches and PVC sleeves, in the name of “Barflex Polyfilms Private Limited”.
2022

Procured ISO certification 22000:2018 dated September 13, 2022 for manufacturing and supply of co-extruded multi-layer plastic films, laminates, pouches and PVC sleeves (in category-I), in the name of “Barflex Polyfilms Private Limited”.
2024

Registered our Company’s trade logo 'EF' in class 17 for ‘plastic films, sheets, pouches and laminates’ vide trade mark number 6262356 dated July 6, 2024 which is valid upto January 15, 2034.
Conversion of private limited company into public limited company in the name and style of “Barflex Polyfilms Limited” and received new Certificate of Incorporation dated February 22, 2024, having CIN U25209DL2005PLC132346.
Closure of our corporate office located at UGF, A-1, Sector 10, Noida-201301 on account of administrative convenience.

Barflex Polyfilms Ltd. Object of Issues

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

Barflex Polyfilms Ltd. IPO Listing Details

Listing Date

20 Jan 2025

NSE Symbol

BARFLEX

ISIN

INE0QX401014

Final Issue Price

₹ 60

Barflex Polyfilms Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 60.00
Open	-	₹ 60.00
Low	-	₹ 60.00
High	-	₹ 63.00
Last Trade	-	₹ 63.00

Barflex Polyfilms Ltd. Company Promoters

1. Mr. Jaiwant Bery
2. Mrs. Nomita Bery

Industry Overview

The packaging market in India seems set for the next level of growth. Strong favorable demographics aside, factors such as increasing disposable income levels, rising consumer awareness, demand for processed food, the multinational giants taking rapid strides in the food, beverages, cosmetics and ... Read more

Barflex Polyfilms Ltd. Contact Details

Address: A-33, Third Floor, FIEE Complex, Okhla Industrial Area, Phase-II, Near C Lal Chowk, New Delhi Delhi - 110020
Phone no:9810021106

Email: [email protected]

9810021106

Visit Website

Barflex Polyfilms Ltd. IPO Registrar

Maashitla Securities Pvt. Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034

45121795, 45121796

Barflex Polyfilms Ltd. IPO Lead Manager(s)

Almondz Financial Services Ltd.

F-33/3, Okhla Industrial Area, Phase-II, New Delhi Delhi - 110020

43500700

FAQs

When does Barflex Polyfilms Ltd. IPO opens and closes?

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

What is the size of Barflex Polyfilms Ltd. IPO?

The size of the Barflex Polyfilms Ltd. IPO is ₹39.41 Cr.

What is the price range of Barflex Polyfilms Ltd. IPO?

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

What is the minimum investment and lot size required for the Barflex Polyfilms Ltd. IPO?

The minimum investment required is ₹1,20,000 and minimum lot size is 2000 shares.

When is Barflex Polyfilms Ltd. IPO listing date?

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

What is the objective of Barflex Polyfilms Ltd. IPO?

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

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