Barflex Polyfilms’ IPO will be open from January 10, 2025, to January 15, 2025. The face value of each share is ₹10, and the price band is set between ₹57 and ₹60 per share. For retail investors, the lot size is 2,000 shares.
Through this IPO, the company plans to raise ₹39.42 crores by issuing a total of 65,69,875 shares. Out of this, 20,53,000 shares (₹12.32 crores) will be fresh issues, while 45,16,875 shares (₹27.10 crores) will be offered for sale (OFS). The market maker portion includes 3,35,000 shares.
Important Highlights of the Issue
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Date | January 10, 2025 to January 15, 2025 |
| Pricing Information | Face Value | ₹10 per share |
| Price Band | ₹57 to ₹60 per share | |
| Investor Details | Lot Size | 2,000 Shares |
| Issue Type | Book Built Issue IPO | |
| Offer Structure | Total Issue Size | 65,69,875 shares worth ₹39.42 Cr |
| Fresh Issue | 20,53,000 shares worth ₹12.32 Cr | |
| Offer for Sale | 45,16,875 shares of ₹10 worth ₹27.10 Cr | |
| Market Maker Portion | Market Maker Portion | 3,35,000 shares |
Key Dates of the Issue
10 January, 2025 (Friday)
15 January, 2025 (Wednesday)
16 January, 2025 (Thursday)
17 January, 2025 (Friday)
17 January, 2025 (Friday)
20 January, 2025 (Monday)
What is GMP of Barflex Polyfilms Ltd Public Offer today?
As of January 13, 2025, the Grey Market Premium (GMP) for the Barflex Polyfilms Ltd offer is ₹*. This indicates that the shares are expected to list at approximately ₹* per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financial Standing
| Particulars | 30 Nov 2024 (₹ Lakhs) | FY 24 (₹ Lakhs) | FY 23 (₹ Lakhs) | FY 22 (₹ Lakhs) |
|---|---|---|---|---|
| Assets | 8,823.88 | 7,241.01 | 5,665.06 | 4,528.96 |
| Revenue | 7,802.09 | 11,612.11 | 11,040.76 | 9,410.27 |
| Total Expenses | 5,898.84 | 9,321.29 | 9,804.85 | 8,432.15 |
| Profit After Tax | 1,349.28 | 1,623.55 | 1,013.07 | 794.09 |
| Net Worth | 7,732.15 | 6,382.87 | 4,759.32 | 3,746.26 |
| Reserves and Surplus | 5,462.45 | 4,113.17 | 2,489.62 | 1,476.56 |
Company's Key Performance Indicator
| Key Performance Indicator | Value |
|---|---|
| Return on Equity (ROE) | 25.44% |
| Return on Capital Employed (ROCE) | 27.21% |
| Return on Net Worth (RoNW) | 25.44% |
| PAT Margin | 14.73 |
| Price to Book Value | 2.13 |
| EBITDA Margin | 16.27 |
| Net Asset Value | 28.12 |
| Debt/Equity | * |
Net Cash Flow Generated
| Particulars | Period Ended Nov 30, 2024 (₹ Lakhs) | FY 2024 (₹ Lakhs) | FY 2023 (₹ Lakhs) | FY 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Net cash from operating activities | 931.34 | 1,374.22 | 1,540.25 | 693.44 |
| Net cash from investing activities | 383.44 | -1,391.06 | -273.41 | -890.84 |
| Net cash from financing activities | -2.82 | -41.52 | -13.87 | -19.73 |
Lot Size and Application Amount
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Investor (Minimum) | 1 | 2,000 | ₹1,20,000 |
| Retail Investor (Maximum) | 1 | 2,000 | ₹1,20,000 |
| HNI Investor (Minimum) | 2 | 4,000 | ₹2,40,000 |
Investor Category-Wise Reservation
| Investor Category | Shares Reserved |
|---|---|
| Shares Reserved for QIB Category | 50% of the Net Issue |
| Shares Reserved for Retail Category | 35% of the Net Issue |
| Shares Reserved for Non-Institutional Category | 15% of the Net Issue |
Domestic and Export Revenue Distribution Overview
| State | Period Ended Nov 30, 2024 (₹ Lakhs) | FY 2024 (₹ Lakhs) | FY 2023 (₹ Lakhs) | FY 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Himachal Pradesh | 991.84 | 2,469.35 | 2,734.86 | 2,023.79 |
| Rajasthan | 968.67 | 1,531.45 | 1,464.04 | 1,267.16 |
| Punjab | 944.79 | 1,453.10 | 1,721.70 | 1,513.99 |
| Uttar Pradesh | 853.67 | 1,423.96 | 1,289.44 | 895.98 |
| Haryana | 698.45 | 1,015.64 | 824.93 | 1,074.00 |
| Kerala | 345.91 | 619.70 | 341.48 | 428.69 |
| Uttarakhand | 162.60 | 259.28 | 232.54 | 191.30 |
| Madhya Pradesh | 260.70 | 366.68 | 188.98 | 139.89 |
| Pondicherry | 136.68 | 232.35 | 289.07 | 331.05 |
| Gujarat | 223.79 | 224.47 | 167.85 | 51.27 |
| Delhi | 144.50 | 214.23 | 248.79 | 300.77 |
| Bihar | 94.92 | 201.80 | 130.88 | 35.10 |
| West Bengal | 119.93 | 165.77 | 173.11 | 187.95 |
| Jammu & Kashmir | 71.54 | 152.28 | 305.31 | 374.96 |
| Tamil Nadu | 39.90 | 134.85 | 136.73 | 188.87 |
| Other States | 332.63 | 361.98 | 434.29 | 271.29 |
| Domestic (A) | 6,390.51 | 10,826.89 | 10,684.00 | 9,276.06 |
| Exports (B) | 193.59 | 222.09 | 254.42 | 84.74 |
| Gross Revenue from Sales (A+B) | 6,584.10 | 11,048.98 | 10,938.42 | 9,360.80 |
| Less: Discount | 16.11 | 25.62 | 21.35 | 11.08 |
| Total Revenue from Operations | 6,567.99 | 11,023.36 | 10,917.07 | 9,349.72 |
Peer Comparison: EPS, PE Ratio, and Face Value
| Company Name | EPS Basic (₹) | P/E Ratio | Face Value (₹) |
|---|---|---|---|
| Barflex Polyfilms Ltd | 7.24 | - | 10.00 |
| Uma Converter Limited | 2.07 | 14.25 | 10.00 |
| Purv Flexipack Limited | 3.99 | 41.79 | 10.00 |
Key Objectives of the Issue
The fund raised through this issue will be utilized for the following purposes.
- Fund capital expenditure for purchasing additional plant and machinery.
- General Corporate Purposes.
Conclusion:
Commonly Asked Questions
- When does the Barflex Polyfilms Limited Issue open and close?
The IPO opens on 10 January, 2025 (Friday) and closes on 15 January, 2025 (Wednesday). - What is the face value of each share in this Issue?
The face value of each share is ₹10. - What is the price band for the Barflex Polyfilms Limited Public Offer?
The price band is ₹57 to ₹60 per share. - What is the minimum lot size for retail investors?
Retail investors can bid for a minimum lot size of 2,000 shares. - What is the total issue size of the Barflex Polyfilms Limited Public Offering?
The total issue size is 65,69,875 shares, amounting up to ₹39.42 Cr. - What type of issue is the Barflex Polyfilms Limited?
It is a Book Built Issue IPO. - Where will the shares of Barflex Polyfilms Limited be listed?
The shares will be listed on NSE SME. - What are the main objectives of the Barflex Polyfilms Limited Public Offer?
The funds raised will be utilized for: Funding capital expenditure towards the purchase of additional plant and machinery and for general corporate purposes. - Who is the registrar for this Issue?
The registrar is Maashitla Securities Private Limited. - Who is the lead manager for this Issue?
The lead manager is Almondz Financial Services Limited. - What is the market maker portion for this Issue?
The market maker portion is 3,35,000 shares.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
Looking for more such reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.
Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Barflex Polyfilms Ltd Public Offer, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an public offering or any other securities to make sure that it suits your financial plans and risk tolerance.
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