Barflex Polyfilms IPO GMP
Introduction
Barflex Polyfilms IPO has garnered significant attention from investors looking to tap into the promising flexible packaging sector. As a book-built issue with a total size of ₹39.42 crores, the IPO offers both fresh issues and an offer for sale (OFS). This article delves into the key details, competitive strengths, and financial highlights of Barflex Polyfilms Limited to help you make an informed investment decision.
Key Details of Barflex Polyfilms IPO
- IPO Open Date: January 10, 2025
- IPO Close Date: January 15, 2025
- Price Band: ₹57 to ₹60 per share
- Lot Size: 2,000 shares
- Minimum Investment (Retail): ₹1,20,000
- IPO Issue Size: ₹39.42 crores
- Fresh Issue: ₹12.32 crores (20.53 lakh shares)
- Offer for Sale: ₹27.10 crores (45.17 lakh shares)
- Listing Exchange: NSE SME
- Listing Date: January 20, 2025
For a deeper understanding of IPO structures, explore our article on IPO Flipping.
About Barflex Polyfilms Limited
Incorporated in 2005, Barflex Polyfilms Limited specializes in manufacturing flexible packaging materials such as COEX films, laminates, vacuum pouches, and PVC shrink labels. With a focus on the FMCG, pharmaceuticals, cosmetics, and construction industries, the company aims to expand its product range to include 7-layer films post-IPO.
Manufacturing Presence
Barflex Polyfilms operates three state-of-the-art units in Baddi, Himachal Pradesh, employing over 180 workers.
Competitive Strengths
- Diverse Product Portfolio: Caters to multiple industries such as FMCG, processed foods, and engineering applications.
- Market Presence: Strong domestic market presence with long-term client relationships.
- Promoter Expertise: Backed by experienced promoters with organizational stability.
Financial Overview
Barflex Polyfilms Limited has demonstrated robust growth in its financial metrics:
| Metric | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Revenue (₹ Cr) | 7,802.09 | 11,612.11 | 11,040.76 | 9,410.27 |
| Profit After Tax (₹ Cr) | 1,349.28 | 1,623.55 | 1,013.07 | 794.09 |
| Net Worth (₹ Cr) | 7,732.15 | 6,382.87 | 4,759.32 | 3,746.26 |
For more insights into the financial implications of IPOs, check out Differences Between OFS and IPO.
Timeline and Allotment Details
| Event | Date |
| IPO Open Date | January 10, 2025 |
| IPO Close Date | January 15, 2025 |
| Basis of Allotment | January 16, 2025 |
| Refunds Initiated | January 17, 2025 |
| Shares Credited to Demat | January 17, 2025 |
| Listing Date | January 20, 2025 |
Investment Considerations
- Retail Investors: Minimum investment starts at ₹1,20,000 (2,000 shares).
- HNI Investors: Minimum two lots (4,000 shares), requiring ₹2,40,000.
- GMP Trends: For the latest updates, visit Barflex Polyfilms GMP Details.
FAQs
1. What is the minimum investment amount in Barflex Polyfilms IPO?
Retail investors need to invest a minimum of ₹1,20,000 for one lot of 2,000 shares.
2. When will the shares of Barflex Polyfilms IPO be credited to the Demat account?
The shares are expected to be credited by January 17, 2025.
3. What are the competitive strengths of Barflex Polyfilms Limited?
The company’s strengths include a diverse product portfolio, strong market presence, and experienced promoters.
4. Where will Barflex Polyfilms IPO list?
The IPO will list on the NSE SME platform.
5. How can I track the Grey Market Premium (GMP) for Barflex Polyfilms IPO?
You can track the GMP on reliable platforms like Chittorgarh or IPO Watch.
Conclusion
Barflex Polyfilms IPO presents an opportunity for investors to diversify into the promising flexible packaging sector. With its competitive strengths and robust financials, the company is well-positioned for growth. Make informed decisions by exploring detailed insights and related concepts like IPO GMP and OFS vs IPO.
For more investment opportunities and educational resources, visit TapInvest.in.
