Barflex Polyfilms Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,116,000 (47%) | — | ₹1,870 Cr |
| NII (HNI) | — | 936,000 (14%) | — | ₹562 Cr |
| Retail | — | 2,182,000 (33%) | — | ₹1,309 Cr |
| Market Maker | — | 334,000 (5%) | — | ₹20 Cr |
| Σ Total | — | 6,568,000 (100%) | — | ₹39,408 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 7,802 | 11,612 | 11,041 |
| Profit After Tax | 1,349 | 1,624 | 1,013 |
| Net Worth | 7,732 | 6,383 | 4,759 |
| Total Assets | 8,824 | 7,241 | 5,665 |
| Reserves & Surplus | 5,462 | 4,113 | 2,490 |
| Total Borrowing | 12 | 14 | 17 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure towards the purchase of additional plant and machinery –
- General Corporate Purpose –
Company Overview
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 liners, and PVC shrink labels. The company plans to add 7-layer films post-expansion to become the preferred packaging vendor for its customers.
The company has three manufacturing units in Baddi, Himachal Pradesh.
As of May 31, 2024, the company employed 182 individuals, comprising 102 full-time employees and 80 contract workers.
Competitive Strength
- A diverse range of products for industries such as FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, and construction.
- Presence across diverse industry verticals with relationships with its clients.
- Widespread market presence
- Organizational stability along with Promoter’s experience.