
Barflex Polyfilms Limited
Barflex Polyfilms Limited(BARFLEX)
Total Shares
65,68,000
Issue Size
₹39.41 Cr
Price Band
₹57 – ₹60
Lot Size
2000 shares
Min. Investment
₹1,20,000
Max. Investment
₹1,20,000
Open Date
10 Jan, 2025
Close Date
15 Jan, 2025
Allotment
16 Jan, 2025
Listing
20 Jan, 2025
Max. Investment
₹1,20,000
Announced
10 Jan, 2025
Opening Date
10 Jan, 2025
Closing Date
15 Jan, 2025
Basis of Allotment
16 Jan, 2025
Initiation of Refunds
17 Jan, 2025
Credit of Shares
17 Jan, 2025
Listing Date
20 Jan, 2025
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About Barflex Polyfilms Limited IPO
Incorporated in January 2005, Barflex Polyfilms Limited manufactures COEX films, laminates, and labels. The company produces flexible packaging materials ideal for the FMCG industry, processed foods, adhesives, engineering applications, pharmaceuticals, cosmetics, construction, and others.
The company's primary customers include well-known brands in their sectors and within the domestic market.
The company produces 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk
Barflex Polyfilms Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 9.0% increase in shares
Barflex Polyfilms Limited IPO Financials Health
Barflex Polyfilms Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,20,000 |
| Retail Maximum | 1 | 2000 | ₹1,20,000 |
| HNI Minimum | 2 | 4000 | ₹2,40,000 |
(All values in CR)
Barflex Polyfilms Limited IPO Valuation
| Metric | Value |
|---|---|
| EPS Post IPO | 8.18 |
| EPS Pre IPO | 7.15 |
| P/E Post IPO | 7.34 |
| P/E Pre IPO | 8.39 |
| PAT MARGIN | 14.73 |
| PRICE TO BOOK VALUE | 2.13 |
| ROCE | 27.21% |
| ROE | 25.44% |
| RONW | 25.44% |
(All values in CR)
Strength & Risk of Barflex Polyfilms Limited IPO
1. Diversified product range.
2. Presence across diverse industry verticals with relationship with our clients.
3. Widespread market presence.
4. Organisational stability alongwith Promoter's experience.
5. Quality assurance.
1. We are involved in one criminal case which is pending against our Company that may have a material adverse outcome.
2. We had, in the past, entered into OTS with our lender in respect of our credit facilities. Any inability to any lenders in future could adversely affect on our business, results of operation and financial condition.
3. In the past, on account of losses, our Company failed to meet financial performance as per the expectation of our Investor which subsequently resulted in dispute. Any failure on our part go meet performance parameters in future may lead to dispute, penal provisions, financial & reputational loss.
4. Our Promoters, Mr. Jaiwant Bery and Mrs. Nomita Bery, were associated with companies which were delisted compulsorily by an order of BSE Dissemination Board.
5. We have not yet obtained possession of the land/premises where we intend to set up our expansion unit.
6. Our Company has yet to place orders for 100% of the plant & machineries for our proposed object, as specified in the Objects of the Issue. Any delay in placing orders, procurement of plant & machineries may result in time and cost over-runs and our business, prospects and results of operations may be adversely affected.
7. If we are unable to successfully implement our proposed expansion plans, our results of operations and financial condition could be adversely affected.
8. We may not be able to manage our growth or sustain the pace of our growth in future periods, which may adversely affect our business, financial condition, results of operations and prospects.
9. Our other income include profit from investment in stock market/mutual funds, which being exceptional income, and is not sustainable.
10. There are outstanding litigations involving our Company, Promoters and Directors which, if determined adversely, may affect our business and financial condition.
Barflex Polyfilms Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 18,68,000 | 18,68,000 | 11.21 |
| HNI | 372.97 | 9,36,000 | 34,91,00,000 | 2 |
| Market Maker | 1.00 | 3,34,000 | 3,34,000 | 2 |
| QIB | 78.22 | 12,48,000 | 9,76,20,000 | 585.72 |
| Retail | 93.51 | 21,82,000 | 20,40,32,000 | 1 |
| Total | 149.05 | 43,66,000 | 65,07,52,000 | 3 |
Barflex Polyfilms Limited IPO GMP
Last updated 06 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 06 Jan, 2025 | 60 | ₹0 | -- | ₹60 (0.00%) | - | 06 Jan, 2025 |
| 07 Jan, 2025 | 60 | ₹0 | -- | ₹60 (0.00%) | - | 07 Jan, 2025 |
| 08 Jan, 2025 | 60 | ₹0 | -- | ₹60 (0.00%) | - | 08 Jan, 2025 |
| 09 Jan, 2025 | 60 | ₹0 | -- | ₹60 (0.00%) | - | 09 Jan, 2025 |
| 10 Jan, 2025 | 60 | ₹0 | -- | ₹60 (0.00%) | - | 10 Jan, 2025 |
| 11 Jan, 2025 | 60 | ₹0▼ | -- | ₹60 (0.00%) | - | 11 Jan, 2025 |
| 13 Jan, 2025 | 60 | ₹10▼ | 15200 | ₹70 (16.67%) | - | 13 Jan, 2025 |
| 14 Jan, 2025 | 60 | ₹14▼ | 21300 | ₹74 (23.33%) | - | 14 Jan, 2025 |
| 15 Jan, 2025 | 60 | ₹15 | 22800 | ₹75 (25.00%) | - | 15 Jan, 2025 |
| 16 Jan, 2025 | 60 | ₹15 | 22800 | ₹75 (25.00%) | - | 16 Jan, 2025 |
| 17 Jan, 2025 | 60 | ₹15▲ | 22800 | ₹75 (25.00%) | - | 17 Jan, 2025 |
| 18 Jan, 2025 | 60 | ₹13 | 19800 | ₹73 (21.67%) | - | 18 Jan, 2025 |
| 20 Jan, 2025 | 60 | ₹13 | 19800 | ₹73 (21.67%) | - | 20 Jan, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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