Barflex Polyfilms Limited

Barflex Polyfilms Limited

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹57 - ₹60

Total Issue

₹39.42 Cr

Bid Dates

10 Jan - 15 Jan

Subscription

151.56x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

The company is engaged in the manufacturing of flexible packaging materials such as barrier COEX films, laminates, and PVC (polyvinyl chloride) labels. These multi-functional products cater to the packaging needs of a wide range of industries. Its product portfolio primarily includes 3-layer and 5-layer COEX films, 5-layer pouches, and flexible printed laminates including 2-ply, 3-ply, and 4-ply laminates, laminate pouches, BOPP labels, and PVC shrink labels. The packaging materials produced by the company are suitable for use in various sectors incl FMCG, processed foods, adhesives, engineering, pharmaceuticals, etc.

Lot Info

Lot Information for Barflex Polyfilms
Category Lots Shares Amount
Individual (Min) 1 2,000 ₹1,20,000
Individual (Max) 1 2,000 ₹1,20,000
S-HNI (Min) 2 4,000 ₹2,40,000
S-HNI (Max) 8 16,000 ₹9,60,000
B-HNI (Min) 9 18,000 ₹10,80,000
Market Maker
335000 EQ Sh
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹39.42 Cr
Fresh Issue
₹12.32 Cr (0.21 Cr Shares)
Offer For Sale
₹27.10 Cr (0.45 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹60
Est. Gain 0.00%

Barflex Polyfilms Peer Comparison

(Rs. in crores)

Barflex Polyfilms Peer Comparison Table
Particulars Barflex Polyfilms (Co.) Uma Converter Purv Flexipack
Revenue from Ops (in Crs.) 110.23 181.02 254.18
PAT (In Crs.) 16.24 4.19 5.99
EPS - Basic 7.24 2.07 3.99
NAV per share 28.21 33.25 60.88
RONW 25.66% 6.21% 4.69%
EBITDA 16.27% 6.73% 2.84%
PAT Margin 14.73% 2.31% 2.36%
Price to earning (PE) 8.39 14.25 41.79
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 24, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Barflex Polyfilms
Particulars Nov-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 65.68 110.23 109.17 93.50
Profit after Tax 13.49 16.24 10.13 7.94
Net Worth 77.32 63.83 47.59 37.46
Total Borrowing 0.12 0.14 0.17 0.26
Total Assets 88.24 72.41 56.65 45.29
NAV per share (in ₹) 34.07 28.12 20.97 16.51
EPS - Basic (in ₹) 5.94 7.15 4.46 3.50

KPIs

EBITDA

16.27%

PAT

14.73%

ROE

25.44%

ROCE

27.21%

PE Ratio

8.39

PB Ratio

2.13

Mkt Cap (in Crs.)

148.50

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

22.93%

Public

77.07%

Jaiwant Bery 69.73%

Management

Jaiwant Bery Managing Director
Anil Kumar Gupta Chief Financial Officer

Registrar & Lead Managers

Registrar

Maashitla Securities

Maashitla Securities

Lead Managers (1)

Almondz Global Almondz Global

Subscription Status

Updated as on 15-Jan-2025 19:04:44 hrs

Category Sub (x) Offered Bids
QIB 78.22x 12,48,000 9,76,20,000
NII 372.72x 9,36,000 34,88,69,000
Retail 98.48x 21,82,000 21,48,86,000
Total 151.48x 43,66,000 66,13,75,000

Frequently Asked Questions

What is Barflex Polyfilms?
Barflex Polyfilms is a SME IPO having an issue size of ₹39.42 Crs. Barflex Polyfilms is priced at ₹57 - ₹60 per share. The issue opens on 10 Jan 25 and closes on 15 Jan 25.
When will Barflex Polyfilms open?
Barflex Polyfilms opens on 10 Jan 25 and closes on 15 Jan 25.
What is the GMP of Barflex Polyfilms?
The estimated Grey Market Premium of Barflex Polyfilms is ₹0 per share (0.00%).
What is the lot size of Barflex Polyfilms?
The minimum lot size of Barflex Polyfilms is 2000 shares & the minimum application amount is Rs. 120000.
When is the allotment of Barflex Polyfilms?
The allotment date of Barflex Polyfilms is 16 Jan 25.
What is the listing date of Barflex Polyfilms?
The listing date of Barflex Polyfilms is 20 Jan 25.
What is the subscription of Barflex Polyfilms?
Barflex Polyfilms is subscribed 151.56 times.
What is the price band of Barflex Polyfilms?
Barflex Polyfilms is priced at ₹57 - ₹60 per share.
How to check allotment status of Barflex Polyfilms?
Click the allotment link on Barflex Polyfilms page of IPO360.
How to apply Barflex Polyfilms in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Barflex Polyfilms in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Barflex Polyfilms using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Barflex Polyfilms from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date