Barflex Polyfilms IPO

Barflex Polyfilms IPO

Barflex Polyfilms IPO
Packaging
listed

70.16x

subscribed

₹1.14LMin. investment
  1. Pre-apply
    9 Jan
  2. Bid start
    10 Jan
  3. Bid end
    15 Jan
  4. Allotment
    16 Jan
  5. Release of funds
    17 Jan
  6. Demat transfer
    17 Jan
  7. Listing
    20 Jan

About Barflex Polyfilms

SectorPackaging
Price range₹57.00 – ₹60.00
IPO type
SME
Lot size2000 shares
Issue size₹39Cr
Red Herring Prospectus
Read
Market Cap
₹148.5CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹110.23CrLower than sector avg
Growth rate3Y CAGR
5.64%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Performance

FY 22FY 23FY 24₹93.49Cr₹109.17Cr₹110.23Cr

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TCPL Packaging LtdTCPL Packaging Ltd
Uflex LtdUflex Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹110.23Cr
This sector
₹536.9Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
5.64%
This sector
0.03%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹16.23Cr
This sector
-₹7.11Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹148.5Cr
This sector
₹776.94Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
8.39
This sector
28.48
Compare with companies

Objectives

Business expansion
The company will use part of its net IPO proceeds to buy additional plant and machinery.
General corporate purposes
The company will use part of its net IPO proceeds for general corporate purposes.
Barflex Polyfilms is a leading manufacturer of flexible packaging materials for diverse sectors like FMCG, pharmaceuticals, and cosmetics. The company expanded in 2008 with a new manufacturing unit and further increased capacity in 2011-2012 to produce a variety of products, including pouches, films, and PVC shrink sleeves. Known for innovation, Barflex plans to introduce 7-layer films and continues to build strong relationships with major brands, focusing on quality, customization, and customer satisfaction to maintain its competitive edge in the packaging market.

IPO Subscription Status

Date
QIB
NII
Retail
Total
10-Jan-25
0.0 times (X)
0.0 times (X)
2.34 times (X)
1.17 times (X)
13-Jan-25
0.0X
0.0X
7.01X
3.5X
14-Jan-25
0.0X
0.0X
17.61X
8.8X
15-Jan-25
78.22X
0.0X
95.62X
70.16X

Latest News on IPO

news logo
The Barflex Polyfilms IPO was a 100% book-building issue aimed at raising a total of ₹39.42 crore from the primary market. The company had fixed the price band at ₹57 to ₹60 per share. The IPO allotment status is expected to be finalised on January 16.

3 min read

news logo
The ₹39.42-crore NSE SME issue was open for bidding from January 10 to January 15. The IPO price band was set at ₹57 to ₹60 per share. The company has proposed to list its shares on the NSE SME platform, Emerge, on Monday, January 20.

4 min read

news logo
Within minutes of listing flat on the NSE, the share price rose as much as 5% to hit the upper circuit limit of ₹63 apiece. As the share was listed at its IPO price only, successful bidders who were allotted shares in the primary issue made no listing gains even after the stock started trading in the secondary markets.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Barflex Polyfilms IPO ?

The issue size of the Barflex Polyfilms IPO is 39 Cr.

What is 'pre-apply' for Barflex Polyfilms IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Barflex Polyfilms IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.