Barflex Polyfilms IPO is set to open on January 10, 2025, and close on January 15, 2025. The IPO is a Book Built Issue, with the company aiming to raise approximately ₹39.42 crores through a fresh issue of ₹12.32 crores and an offer for sale of 45,16,875 equity shares, each with a face value of ₹10. The IPO price band has been set between ₹57 to ₹60 per share. The retail quota is 35%, with 50% for QIBs and 15% for HNI investors. Barflex Polyfilms IPO will list on the NSE on January 20, 2025, and the allotment date is January 16, 2025. For the financial year 2024, the company reported revenue of ₹116.12 crores, compared to ₹110.41 crores in 2023. The profit for 2024 stands at ₹16.24 crores, up from ₹10.13 crores in 2023. Based on the financials, investors should consider applying for this IPO with a long-term outlook.
Barflex Polyfilms IPO Details
Field
Value
ipo title
Barflex Polyfilms NSE SME
status
Listed
gain percentage
0%
subscription
151.52x
price
60
gmp
13
est listing
73 (21.67%)
ipo size
₹ 39.42 Cr
Barflex Polyfilms IPO Dates
Field
Value
lot
2,000
open
10-Jan
close
15-Jan
boa dt
16-Jan
listing
20-Jan
Barflex Polyfilms IPO Financial Report
The company reported revenue of ₹116.12 crores in 2024, compared to ₹110.41 crores in 2023. The company reported a profit of ₹16.24 crores in 2024, against a profit of ₹10.13 crores in 2023.
Financial Year
2022
2023
2024
November 2024
Revenue
₹94.10
₹110.41
₹116.12
₹78.02
Expense
₹84.32
₹98.05
₹93.21
₹58.99
Profit After Tax
₹7.94
₹10.13
₹16.24
₹13.49
Assets
₹45.29
₹56.65
₹72.41
₹88.24
About Barflex Polyfilms IPO
Barflex Polyfilms Limited was founded in 2005 and is involved in manufacturing COEX films, laminates, and labels. Moreover, this is one of the leading firms in terms of flexible FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, construction, and more. Further, in 2011 and 2012, the company surged its capacity in unit II, which increased capacity to around 3000 MT per year, allowing them to produce pouches, plastic film, laminates, and PVC shrink sleeves. They have a strategic approach to becoming a top-notch firm in the packaging industry, both locally and globally. This company aims to ensure employee safety and has implemented an EHS policy to protect employees’ safety, health, and the environment while they work. The revenue portion of 2024 soared to ₹116.12 crores in contrast to ₹110.41 crores in 2023.
Barflex Polyfilms IPO is a SME IPO where the company aims to raise ₹39.42 Crores. The issue is priced at ₹57 to ₹60 per equity share and will be listed on NSE.
When will Barflex Polyfilms IPO open for subscription?
The IPO will open for subscription on January 10, 2025, and will close on January 15, 2025.
What is the investors’ portion for Barflex Polyfilms IPO?
The portion for QIB investors is 50%, for NII is 15%, and for Retail is 35%.
How to apply for the Barflex Polyfilms IPO?
You can apply for Barflex Polyfilms IPO via ASBA online through your bank account or via UPI through your stock brokers. You can also apply offline by filling out the physical form through your stock brokers.
What is the Barflex Polyfilms IPO issue size?
The issue size for Barflex Polyfilms IPO is ₹39.42 crores.
What is the Barflex Polyfilms IPO price band?
The price band for the IPO is ₹57 to ₹60 per equity share.
What is the Barflex Polyfilms IPO lot size?
The minimum lot size is 2000 shares, amounting to ₹1,20,000.
What is the Barflex Polyfilms IPO allotment date?
The allotment date for Barflex Polyfilms IPO is January 17, 2025.
What is the Barflex Polyfilms IPO listing date?
The IPO will list on January 20, 2025, on NSE.
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