SME · NSESubscribed: 149.05×GMP ₹13
Barflex Polyfilms Limited

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

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

Total Issue65,68,000 shares₹39.41 Cr
Fresh Issue20,52,000 shares₹12.31 Cr
Offer for Sale45,16,000 shares₹27.10 Cr

Shareholding

Pre-Issue2,26,97,000
Post-Issue2,47,50,000

Dilution: 9.0% increase in shares

Barflex Polyfilms Limited IPO Financials Health

Barflex Polyfilms Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum120001,20,000
Retail Maximum120001,20,000
HNI Minimum240002,40,000

(All values in CR)

Barflex Polyfilms Limited IPO Valuation

MetricValue
EPS Post IPO8.18
EPS Pre IPO7.15
P/E Post IPO7.34
P/E Pre IPO8.39
PAT MARGIN14.73
PRICE TO BOOK VALUE2.13
ROCE27.21%
ROE25.44%
RONW25.44%

(All values in CR)

Strength & Risk of Barflex Polyfilms Limited IPO

+Strengths

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.

!Risks

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 CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Anchor1.0018,68,00018,68,00011.21
HNI372.979,36,00034,91,00,0002
Market Maker1.003,34,0003,34,0002
QIB78.2212,48,0009,76,20,000585.72
Retail93.5121,82,00020,40,32,0001
Total149.0543,66,00065,07,52,0003

Barflex Polyfilms Limited IPO GMP

00.0%

Last updated 06 Jan, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
06 Jan, 202560₹0--₹60 (0.00%)-06 Jan, 2025
07 Jan, 202560₹0--₹60 (0.00%)-07 Jan, 2025
08 Jan, 202560₹0--₹60 (0.00%)-08 Jan, 2025
09 Jan, 202560₹0--₹60 (0.00%)-09 Jan, 2025
10 Jan, 202560₹0--₹60 (0.00%)-10 Jan, 2025
11 Jan, 202560₹0--₹60 (0.00%)-11 Jan, 2025
13 Jan, 202560₹1015200₹70 (16.67%)-13 Jan, 2025
14 Jan, 202560₹1421300₹74 (23.33%)-14 Jan, 2025
15 Jan, 202560₹1522800₹75 (25.00%)-15 Jan, 2025
16 Jan, 202560₹1522800₹75 (25.00%)-16 Jan, 2025
17 Jan, 202560₹1522800₹75 (25.00%)-17 Jan, 2025
18 Jan, 202560₹1319800₹73 (21.67%)-18 Jan, 2025
20 Jan, 202560₹1319800₹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.

How to Apply for Barflex Polyfilms Limited IPO

1

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2

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Find Barflex Polyfilms Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

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Provide your UPI ID linked to your bank account and submit the application.

4

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5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.