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Barflex Polyfilms Limited IPO

Barflex Polyfilms Limited

Issue Open

Jan 10, 2025

Price Band

₹ 57 to ₹ 60 per share

Issue Size

39.42 Cr

Credit of Shares to Demat

Jan 17, 2025

Issue Close

Jan 15, 2025

Bid Lot

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

Jan 15, 2025 05:00 PM

Issue Type

Book build offer

Minimum Order Quantity

Allotment Details

Jan 16, 2025

Face Value

Rs 10/- per share

Listing On

Jan 20, 2025

Refunds

Jan 17, 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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