Barflex Polyfilms IPO subscription started on Friday, 10th January 2025, and will close on January 15th, 2025, as per the schedule. The price band is set at ₹57 to ₹60 per share with a face value of ₹10.
Barflex Polyfilms IPO Subscription Status
Barflex Polyfilms IPO Subscribed over 1.33x on its First day till 5.00 PM on January 10th, 2025.
- Barflex Polyfilms IPO subscription QIB investors portion is 0 times, while NII subscribed 0.69 times and RII investors subscribed 2.37 times.
- The company has received bids for 58,14,000 shares against 43,65,000 shares on offer on the first day of subscription.
- Barflex Polyfilms IPO Subscribed over 1.33x on its First day.
About Barflex Polyfilms Company
Barflex Polyfilms Limited was founded in 2005 and involved manufactures COEX films, laminates, and labels. Moreover, this is one of the leading firms in terms of flexible FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, construction, and more. Further, in 2011 and 2012 company surged its capacity unit II, and this increased capacity to around 3000 MT per year, so with the help of this new ability they can produce pouches, plastic film, laminates, and PVC shrink sleeves. They have a strategic approach to becoming a top-notch firm in the packaging companies both locally and globally. This wants to make sure about employees’ safety, therefore they have started (an EHS policy) to protect employees’ safety, health, and the environment while they work. The revenue portion of 2024 soared by 116.12 crore in contrast to 110.41 in 2023.
Barflex Polyfilms Financial Report
The company reported revenue of ₹116.12 crores in 2024 against ₹110.41 crores in 2023. The company reported a profit of ₹16.24 crores in 2024 against a Profit of ₹10.13 crores in 2023.
Barflex Polyfilms IPO GMP:
Barflex Polyfilms IPO GMP was ₹0 as of Friday, 10th January 2025. That indicates the IPO is trading at ₹60 with ₹0 premium in the grey market against the issue price of ₹60.
