Barflex Polyfilms Limited

Barflex Polyfilms Limited

The company is engaged in the manufacturing of flexible packaging materials such as barrier COEX films, laminates, and PVC (polyvinyl chloride) labels. These multi-functional products cater to the packaging needs of a wide range of industries. Its product portfolio primarily includes 3-layer and 5-layer COEX films, 5-layer pouches, and flexible printed laminates including 2-ply, 3-ply, and 4-ply laminates, laminate pouches, BOPP labels, and PVC shrink labels. The packaging materials produced by the company are suitable for use in various sectors incl FMCG, processed foods, adhesives, engineering, pharmaceuticals, etc.

Price Band

₹57 - ₹60

Dates

10 Jan - 15 Jan

GMP

₹0 (0.00%)

Subscriptions

151.56 times

Issue Size

₹39.42 Crs

Barflex Polyfilms Key Dates
Opening Date

10 Jan 25

Closing Date

15 Jan 25

Basis Of Allotment

16 Jan 25

Initiations Of Refund

17 Jan 25

Credit Of Shares

17 Jan 25

Listing Date

20 Jan 25

Barflex Polyfilms Objects

  1. Funding capital expenditure towards purchase of additional plant and machinery
  2. General Corporate Purpose

Barflex Polyfilms Details
Price Band

₹57 - ₹60

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹12.32 Cr (0.21 Cr Shares)

Offer For Sale

₹27.10 Cr (0.45 Cr Shares)

Total Issue

₹39.42 Cr (0.66 Cr Shares)

Face Value

₹10 per equity share

Barflex Polyfilms Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 2,000 1,20,000
Maximum 1 2,000 1,20,000
NII
Minimum 2 4,000 2,40,000
Barflex Polyfilms Subscription

Updated as on 15-Jan-2025 19:04:44 hrs

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 78.22 12,48,000 9,76,20,000
NII 373.08 9,36,000 34,92,04,000
Retail 98.48 21,82,000 21,48,86,000
Total 151.56 43,66,000 66,17,10,000
Barflex Polyfilms GMP

The estimated Grey Market Premium of Barflex Polyfilms is ₹0 per share (0.00%)

1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.

2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 50% of the net issue
NII Not less than 35% of the net issue
Retail Not less than 15% of the net issue
Market Maker 335000 EQ Sh
Barflex Polyfilms Financials

(Rs. in crores)

Particulars Nov-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 65.68 110.23 109.17 93.50
Profit after Tax 13.49 16.24 10.13 7.94
Net Worth 77.32 63.83 47.59 37.46
Total Borrowing 0.12 0.14 0.17 0.26
Total Assets 88.24 72.41 56.65 45.29
NAV per share (in ₹) 34.07 28.12 20.97 16.51
EPS - Basic (in ₹) 5.94 7.15 4.46 3.50

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI Values
EBITDA 16.27%
PAT 14.73%
ROE 25.44%
ROCE 27.21%
PE Ratio 8.39
PB Ratio 2.13
Mkt Cap (in Crs.) 148.50
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Barflex Polyfilms Peer Comparision

(Rs. in crores)

Particulars Barflex Polyfilms (Co.) Uma Converter Purv Flexipack
Revenue from Ops (in Crs.) 110.23 181.02 254.18
PAT (In Crs.) 16.24 4.19 5.99
EPS - Basic 7.24 2.07 3.99
NAV per share 28.21 33.25 60.88
RONW 25.66% 6.21% 4.69%
EBITDA 16.27% 6.73% 2.84%
PAT Margin 14.73% 2.31% 2.36%
Price to earning (PE) 8.39 14.25 41.79
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 24, 2024 for Peers
Barflex Polyfilms Peer Comparision

(Rs. in crores)

Particulars Barflex Polyfilms (Co.)
Revenue from Ops (in Crs.) 110.23
PAT (In Crs.) 16.24
EPS - Basic 7.24
NAV per share 28.21
RONW 25.66%
EBITDA 16.27%
PAT Margin 14.73%
Price to earning (PE) 8.39
Uma Converter Purv Flexipack
181.02 254.18
4.19 5.99
2.07 3.99
33.25 60.88
6.21% 4.69%
6.73% 2.84%
2.31% 2.36%
14.25 41.79
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 24, 2024 for Peers
Promoter Details
Name B
Jaiwant Bery 69.73%
Nomita Bery 22.93%
Management Details
Name Designation
Jaiwant Bery Managing Director
Anil Kumar Gupta Chief Financial Officer
Company Details

Name: Barflex Polyfilms Limited

Address: A-33, Third Floor, FIEE Complex,
Okhla Industrial Area, Phase-II,

Near C Lal Chowk, New Delhi-110020

Number: +91- 9810021106

Email: info@barflex.co.in

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Barflex Polyfilms is a SME IPO having an issue size of Rs. ₹39.42 Crs. Barflex Polyfilms is priced at ₹57 - ₹60 per share. The issue opens on 10 Jan 25 and closes on 15 Jan 25.

Barflex Polyfilms opens on 10 Jan 25 and closes on 15 Jan 25.

The estimated Grey Market Premium of Barflex Polyfilms is ₹0 per share (0.00%).

The minimum lot size of Barflex Polyfilms is 2000 shares & the minimum application amount is Rs. 120000.

The allotment date of Barflex Polyfilms is 16 Jan 25.

The listing date of Barflex Polyfilms is 20 Jan 25.

Barflex Polyfilms is subscribed 151.56 times.

Barflex Polyfilms is priced at ₹57 - ₹60 per share.

Click the allotment link on Barflex Polyfilms page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Barflex Polyfilms from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date