Barflex Polyfilms Ltd Share Price

(BARFLEX)

Barflex Polyfilms Limited was originally incorporated as Hitkari Polyfilms Private Limited with the Registrar of Companies NCT of Delhi Haryana on January 24 2005. Subsequently the Company name was changed from Hitkari Polyfilms Private Limited to Barflex Polyfilms Private Limited on June 30 2005. The Company then was converted from a Private Limited Company to a Public Limited Company and the name was changed to Barflex Polyfilms Limited and a fresh Certificate of Incorporation dated February 22 2024 was issued to Company by the Ministry of Corporate Affairs Central Registration Centre.In 2008 the Company expanded its business operations by setting up a manufacturing UnitII. The installed capacity of Unit II was to manufacture PVC shrink sleeves 950 MT per annum . It further set up an additional manufacturing unit at Plot No 15 in Solan District of Himachal Pradesh to manufacture PVC stretch and plastic films and pouches at 865 MT per annum.In 2010 it set up a plant at C44 Noida PhaseII Uttar Pradesh to manufacture flexible packaging products. In 201112 the Company enhanced the installed capacity of UnitII to manufacture pouches plastic film laminates PVC shrink sleeves is 3000 MT per annum.The Company manufactures flexible packaging material for a variety of industries including dairy edible oil beverages processed foods paints adhesives chemicals cereals snack foods etc. The Company is headquartered in New Delhi and has a manufacturing unit based in Himachal Pradesh with inhouse designing manufacturing and assembly to finishing and packaging.The Company is planning to raise funds from public through IPO by issuing an aggregate of 6569875 Equity Shares consisting a Fresh Issue of 2053000 Equity Shares and an Offer for Sale of 4516875 Equity Shares..

Listing date: 20 Jan, 2025