Barflex Polyfilms SME: Check IPO Date, Live Subscription and Key Details
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.
Min Investment
₹120000
Price Range
₹57.0 - 60.0
Issue Size
₹39.42 Cr
IPO Type
NSE SME
Key Metrics
Face Value
₹10
EPS
8.18
P/E Ratio
7.34
RoNW
25.44%
ROE
25.44%
Timeline
IPO Opens
10 Jan
IPO Closes
15 Jan
Allotment
16 Jan
Listing
20 Jan
IPO Objectives
- Funding capital expenditure towards the purchase of additional plant and machinery
- General Corporate Purpose
Strengths
- Diverse product range catering to multiple industries.
- Strong relationships with prominent domestic brands.
- Established presence across various industry verticals.
- Three manufacturing units ensure consistent production.
Weaknesses
- Heavy reliance on the domestic market for sales.
- Limited geographical presence outside India.
- High dependence on a few key customers.
- Expansion plans may require significant capital investment.
Financial Performance
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 88.24 | 72.41 | 56.65 | 45.29 |
| Revenue (₹ Cr.) | 78.02 | 116.12 | 110.41 | 94.1 |
| PAT (₹ Cr.) | 13.49 | 16.24 | 10.13 | 7.94 |
| Net Worth (₹ Cr.) | 77.32 | 63.83 | 47.59 | 37.46 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Barflex Polyfilms | 2.14 | 7.34 | 25.44 | 77.32 |
| Uma Converter | 0.88 | 14.25 | 6.21 | 72.45 |
| Purv Flexipack | 5.93 | 41.79 | 25.66 | 144 |
Subscription Details
Daily Bids Status
| Date | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00x | 0.00x | 0.00x |
| NII | 0.69x | 3.60x | 15.69x |
| RII | 2.40x | 7.07x | 17.75x |
| Total | 1.35x | 4.31x | 12.23x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 12,48,000 | 9,76,20,000 | 585.72 |
| NII | 9,35,000 | 34,88,69,000 | 2,093.21 |
| RII | 21,82,000 | 21,48,86,000 | 1,289.32 |
| Total | 43,65,000 | 66,13,75,000 | 3,968.25 |
Company Details
- A-33, Third Floor, FIEE Complex, Okhla Industrial Area, Phase-II, Near C Lal Chowk, New Delhi-110020
- +91- 9810021106
- info@barflex.co.in
- http://www.barflex.co.in/
Registrar Details
- Maashitla Securities Private Limited
- +91-11-45121795-96
- compliance@maashitla.com
- https://maashitla.com/allotment-status/public-issues