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Barflex Polyfilms Limited IPO

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Issue Open Jan 10, 2025
Issue Close Jan 15, 2025
Price Band ₹ 57 to ₹ 60 per share
Face Value Rs 10/- per share
Issue Size 39.42 Cr
Listing Exchange NSE SME
Issue Type Book build offer
Cut off time for UPI Mandate Confirmation Jan 15, 2025 05:00 PM
Allotment Details Jan 16, 2025
Refunds Jan 17, 2025
Credit of Shares to Demat Jan 17, 2025
Listing On Jan 20, 2025
About the company:

Incorporated on January 24, 2005, Barflex Polyfilms Limited is a prominent manufacturer of flexible packaging materials, specializing in COEX films, laminates, and PVC labels. The company’s first manufacturing unit, located in Baddi, Himachal Pradesh (Unit-I), has an installed capacity of 2400 MT per annum, producing co-extruded multilayer plastic films and pouches.

In 2008, Barflex Polyfilms Limited expanded its operations to broaden its customer base by establishing two additional units. Unit-II, situated adjacent to Unit-I, manufactures PVC shrink sleeves with a capacity of 950 MT per annum. Unit-III, located at a separate site in Baddi, specializes in producing PVC stretch films and plastic films with a capacity of 865 MT per annum. The capacity of Unit-II has since been enhanced and currently manufactures pouches, plastic films, laminates, and PVC shrink sleeves with a revised capacity of 3000 MT per annum.

The company is actively engaged in providing flexible packaging solutions to industries such as FMCG, processed foods, adhesives, pharmaceuticals, cosmetics, engineering, and construction. Barflex Polyfilms Limited produces a wide range of products, including 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels. The company is also planning to introduce 7-layer films in the near future, which will further solidify its position as a preferred vendor in the packaging sector.

Serving well-known brands across various industries, Barflex Polyfilms Limited offers high-quality, tailored packaging solutions to meet the specific needs of its clients.

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