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Barflex Polyfilms IPO IPO

Mainline10 Jan 202515 Jan 2025
Open
10 Jan 2025
Close
15 Jan 2025
3
Allotment
Listing
Mon, Jan 20, 2025
Price Band
₹57 to ₹60
Issue Size
65,68,000 shares (agg. up to ₹39 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Jan 20, 2025
Latest GMP
₹13
Est. Gain
21.67%
✦ AI Insight

GMP Trend

19-01-202513Est. ₹73+21.67%
18-01-202515Est. ₹75+25%
17-01-202515Est. ₹75+25%

Live Subscription

CategorySubscription (times)
Total106.00x

Restated Financials (₹ Cr.)

Period Ended30 Nov 202431 Mar 202431 Mar 202331 Mar 2022
Assets88.2472.4156.6545.29
Total Income78.02116.12110.4194.10
Profit After Tax13.4916.2410.137.94
NET Worth77.3263.8347.5937.46
Reserves and Surplus54.6241.1324.9014.77
Total Borrowing0.120.140.170.26
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Subam Papers Ltd.SME₹93.70 Cr₹1527.77₹149.10-1.91%₹221.00 (-0.18%)
SPP Polymer Ltd.SME₹24.49 Cr₹5966.72₹59.85+1.44%₹13.10 (+0.00%)
Ideal Technoplast Industries Ltd.SME₹16.03 Cr₹12112.47₹138.70+14.63%₹170.00 (+3.03%)
Bulkcorp International Ltd.SME₹20.78 Cr₹10516.33₹136.50+30.00%₹55.00 (-2.14%)
Sati Poly Plast Ltd.SME₹17.36 Cr₹13014.29₹259.35+99.50%₹39.15 (+4.96%)
GSM Foils Ltd.SME₹11.01 Cr₹3220.98₹33.60+5.00%₹261.00 (-0.93%)
Purv Flexipack Ltd.SME₹40.21 Cr₹7113.17₹247.00+247.89%₹48.00 (-1.64%)
Shree Tirupati Balajee Agro Trading Co.Ltd.Mainboard₹169.65 Cr₹8315.37₹94.50+13.86%₹28.46 (-1.52%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding Capital Expenditure towards purchase of additional plant and machinery23.07
2General Corporate Purposes0.50
3Issue Expenses1.83
Total25.40

About Barflex Polyfilms IPO

Incorporated in January 2005, Barflex Polyfilms Limited manufactures COEX films, laminates, and labels. The company produces flexible packaging materials ideal for the FMCG industry, processed foods, adhesives, engineering applications, pharmaceuticals, cosmetics, construction, and others. The company's primary customers include well-known brands in their sectors and within the domestic market. The company produces 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels. The company plans to add 7-layer films post-expansion to become the preferred packaging vendor for its customers. The company has three manufacturing units in Baddi, Himachal Pradesh. As of May 31, 2024, the company employed 182 individuals, comprising 102 full-time employees and 80 contract workers. Competitive Strength A diverse range of products for industries such as FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, and construction. Presence across diverse industry verticals with relationships with its clients. Widespread market presence Organizational stability along with Promoter’s experience. + Read More

Contact Details

Barflex Polyfilms Ltd. AddressA-33, Third Floor, FIEE ComplexOkhla Industrial Area, Phase-IINear C Lal ChowkDelhi, New Delhi, 110020+91- 9810021106info@barflex.co.inVisit Website