Barflex Polyfilms IPO is a book-built issue with a total size of ₹39.42 crores. The offering includes a fresh issue of 20.53 lakh equity shares, aimed at raising ₹12.32 crores, which will likely be utilised for the company’s growth initiatives or working capital requirements. Additionally, the IPO features an offer for sale (OFS) of 45.17 lakh equity shares, amounting to ₹27.10 crores, enabling existing shareholders to partially exit or monetise their holdings. This combination of fresh equity and OFS reflects the company’s strategy to balance capital raising with shareholder interests.
The subscription window runs from 10 January 2025 to 15 January 2025, offering a limited period to invest. With a price band of ₹57 to ₹60 per share, investors can bid flexibly. Applications are accepted in lots of 2,000 shares, requiring a minimum investment of ₹1,20,000, while HNIs must apply for at least 2 lots (4,000 shares), amounting to ₹2,40,000. The IPO is set to list on NSE SME on 20 January 2025, with its structured approach and competitive pricing expected to attract both retail and institutional investors.
Check the current GMP of Barflex Polyfilms IPO
Refer to Barflex Polyfilms IPO RHP for detailed information.
Table of content
- Barflex Polyfilms IPO Good or Bad, should apply?
- Barflex Polyfilms IPO Details
- Barflex Polyfilms IPO Lot Size calculator
- Barflex Polyfilms IPO Distribution
- About Barflex Polyfilms Company
- Barflex Polyfilms Company Finances
- Barflex Polyfilms IPO Prospectus
- Read our other articles(IPO Insights and Market Prediction)
Barflex Polyfilms IPO Good or Bad, should apply?
If a company is almost debt-free or has negligible borrowings, it is a strong indication of its financial health. Such companies tend to be more resilient in volatile markets, as they don’t rely heavily on external borrowings to fund operations. When a company’s finance is strong, with consistent cash flow and profit margins, it presents a stable investment opportunity. In the case of IPOs, this makes the company a compelling choice for investors looking for long-term growth. These stocks have the potential to multiply your money by 5X or even 10X over time, as they are more likely to withstand economic downturns and expand in the long run.
In such scenarios, applying for the IPO is a strategic decision. When you secure an allotment, holding onto the stock post-listing can be a game-changer. The value of these stocks could appreciate significantly in the coming years, providing an excellent return on investment. With strong fundamentals and negligible debt, the company is poised for sustainable growth, which increases the likelihood of its stock price multiplying. For investors looking for high returns, such IPOs are a golden opportunity to turn your initial capital into substantial wealth.
Barflex Polyfilms IPO Details
| IPO Date | January 10, 2025 to January 15, 2024 | ||
| Listing Date | 20 January, 2025 | ||
| Face value | ₹10 per share | ||
| Price band | ₹57 to ₹60 per share | ||
| Lot size | 2,000 Shares | ||
| Total Issue Size | 65,69,875 shares (aggregating up to ₹39.42 Cr) | ||
| Fresh Issue | 20,53,000 shares (aggregating up to ₹ 12.32 Cr) | ||
| Offer for Sale | 45,16,875 shares of ₹10 (aggregating up to ₹27.10 Cr) | ||
| Issue Type | Fixed Price Issue IPO | ||
| Listing At | NSE SME | ||
| Share Holding Post Issue | 2,47,50,000 shares | ||
| Market Maker Portion | 3,35,000 shares Almondz Global Securities Limited |
Barflex Polyfilms IPO Lot Size calculator
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 2,000 | ₹1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹2,40,000 |
Barflex Polyfilms IPO Distribution
| Investor Category | Shares Offered |
| QIB Shares Offered | No more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
About Barflex Polyfilms Company
Barflex Polyfilms Limited, incorporated in January 2005, is engaged in the manufacturing of COEX films, laminates, and labels. Flexible packaging materials ideal for the FMCG industry, processed foods, adhesives, engineering applications, pharmaceuticals, cosmetics, and construction are produced by the company.
Prominent domestic brands are served as the company’s primary customers. Products such as 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels are manufactured, with plans for 7-layer films being added post-expansion to enhance its position as a preferred packaging vendor.
Three manufacturing units are operated by the company in Baddi, Himachal Pradesh. As of May 31, 2024, a workforce of 182 individuals was employed, including 102 full-time employees and 80 contract workers.
Competitive Strengths
- Organizational stability, supported by the Promoter’s experience.
- A diverse product portfolio catering to industries such as FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, and construction.
- Strong relationships and presence across diverse industry verticals.
- A widespread market presence.
Barflex Polyfilms Company Finances
Barflex Polyfilms Limited has demonstrated consistent growth in its financial metrics over recent years. As of 30 November 2024, the company reported total assets of ₹8,823.88 lakhs, reflecting a steady increase from ₹4,528.96 lakhs in March 2022. Revenue for the period stood at ₹7,802.09 lakhs, complementing a profit after tax (PAT) of ₹1,349.28 lakhs, showcasing strong profitability. Net worth has also seen significant growth, rising to ₹7,732.15 lakhs from ₹3,746.26 lakhs in March 2022, supported by robust reserves and surplus, which grew to ₹5,462.45 lakhs. The company has effectively reduced its borrowings over the years, with total borrowing declining to ₹11.51 lakhs from ₹25.87 lakhs in March 2022, highlighting improved financial management and stability.
Amount in ₹ Lakhs
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 8,823.88 | 7,241.01 | 5,665.06 | 4,528.96 |
| Total Borrowings | 11.51 | 13.59 | 16.5 | 25.87 |
| Revenue | 7,802.09 | 11,612.11 | 11,040.76 | 9,410.27 |
| Profit after tax | 1,349.28 | 1,623.55 | 1,013.07 | 794.09 |
| Net Worth | 7,732.15 | 6,382.87 | 4,759.32 | 3,746.26 |
| Reserves and Surplus | 5,462.45 | 4,113.17 | 2,489.62 | 1,476.56 |
Barflex Polyfilms IPO Prospectus
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