Barflex Polyfilms Ltd

Barflex Polyfilms Ltd IPO

IPO Price Range: ₹57 - 60

We are engaged in manufacturing of flexible packaging material like barrier COEX films, laminates and PVC (poly vinyl chloride) labels which is multi-functional and caters to the packaging requirements of various industries. Our product portfolio largely consists of 3 layer COEX films, 5 layer COEX films, 5 layer pouches, flexible printed laminates like 2 ply laminates, 3 ply laminates, 4 ply laminates, laminate pouches, BOPP labels, and PVC shrink labels. We manufacture packaging material suitable for packaging products manufactured in FMCG, processed foods, adhesives, engineering, pharmaceutical industry, cosmetics, construction and others.

Min Investment

₹1,20,000

IPO Size

₹39 Cr

IPO Status

Live

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Barflex Polyfilms Ltd

Open Date10 Jan 2025
Close Date15 Jan 2025
Allotment Date16 Jan 2025
Listing Date20 Jan 2025

IPO subscribed over

🚀 1.1932x

This IPO has been subscribed by 2.2806x in retail and 0x in QIB.

Subscription Rate

Total Subscription1.1932x
Retail Individual Investors2.2806x
Qualified Institutional Buyers0x
Non Institutional Investors0.6759x

Key Statistics

Bid Opening DateBid Opening Date10 Jan 2025
Bid Closing DateBid Closing Date15 Jan 2025
Allotment DateAllotment Date16 Jan 2025
Issue SizeIssue Size₹39.41Cr
Quantity in 1 lotQuantity in 1 lot2000

Strengths and Risks

Strengths

Strengths

  • Diversified product range.

  • Presence across diverse industry verticals with relationship with our clients.

  • Widespread market presence.

  • Organisational stability alongwith Promoters experience.

  • Quality assurance.


Risks

Risks

  • The company is involved in one criminal case which is pending against the Company that may have a material adverse outcome.

  • The company had, in the past, entered into OTS with its lender in respect of the company credit facilities. Any inability to any lenders in future could adversely affect on its business, results of operation and financial condition.

  • In the past, on account of losses, the Company failed to meet financial performance as per the expectation of its Investor which subsequently resulted in dispute. Any failures on the company part go meet performance parameters in future may lead to dispute, penal provisions, financial & reputational loss.

  • Its Promoters, Mr. Jaiwant Bery and Mrs. Nomita Bery, were associated with companies which were delisted compulsorily by an order of BSE Dissemination Board.

  • The company has not yet obtained possession of the land/premises where its intend to set up the company expansion unit.

  • The Company has yet to place orders for 100% of the plant & machineries for its proposed object, as specified in the Objects of the Issue. Any delay in placing orders, procurement of plant & machineries may result in time and cost over-runs and its business, prospects and results of operations may be adversely affected.

  • If the company is unable to successfully implement its proposed expansion plans, the company results of operations and financial condition could be adversely affected.

  • Its may not be able to manage the company growth or sustain the pace of its growth in future periods, which may adversely affect the companys business, financial condition, results of operations and prospects.

  • Its other income include profit from investment in stock market/mutual funds, which being exceptional income, and is not sustainable.

  • There are outstanding litigations involving the Company, Promoters and Directors which, if determined adversely, may affect its business and financial condition.

Promoters Holding

Investors Holdings %
Jaiwant Bery69.73%
Nomita Bery22.93%

About Barflex Polyfilms Ltd

OrganisationBarflex Polyfilms Ltd
HeadquartersNew Delhi
IndustryPackaging

Frequently Asked Questions

  • What is the size of the Barflex Polyfilms Ltd IPO?

    The size of the Barflex Polyfilms Ltd IPO is ₹39.41Cr .

  • What is 'pre-apply' for Barflex Polyfilms Ltd IPO?

    'Pre-apply' for Barflex Polyfilms Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Barflex Polyfilms Ltd IPO order be placed?

    Your Barflex Polyfilms Ltd IPO order will be placed on 10 Jan 2025.

  • What are the open and close dates of the Barflex Polyfilms Ltd IPO?

    The open and close dates of the Barflex Polyfilms Ltd IPO are 10 Jan 2025 to 15 Jan 2025.

  • What is the lot size and minimum order quantity of the Barflex Polyfilms Ltd IPO?

    The lot size and minimum order quantity of the Barflex Polyfilms Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Barflex Polyfilms Ltd IPO?

    The potential listing gains on the Barflex Polyfilms Ltd IPO will depend on various market factors and cannot be predicted with certainty.