Barflex Polyfilms Limited

Company Profile
Company Name Barflex Polyfilms Limited
Open Date 10-01-2025
Close Date 15-01-2025
Exchange NSE SME
Lot Size 2,000 Shares
Issue Price ₹57 to ₹60 per share
Issue Size 65,69,875 shares
Application Amount ₹1,20,000
Recommendation Avoid
Barflex Polyfilms Limited was originally incorporated as “Hitkari Polyfilms Private Limited” on January 24, 2005. The registered office is located at New Delhi, India.The company is engaged in the manufacturing of COEX films, laminates and labels.The company is engaged in the manufacturing of COEX films, laminates and labels.The company derives majority of its revenue from the sale of 3 ply laminates.The company has 112 employees as on Nov 30, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Nov-24
Revenue 9,349.72 10,917.07 11,023.36 6,567.99
EBITDA 1,000.61 1,206.75 1,793.25 705.20
Net Profit 794.08 1,013.05 1,118.80 286.10
RoCE 24.15% 23.36% 26.92% 11.03%*
ROE 21.20% 21.29% 17.53% 4.71%*
P/E 19.67 13.45 8.39 34.60*

Tentative Timeline

Opening Date 10-01-2025
Closing Date 15-01-2025
Basis of Allotment 16-01-2025
Initiation of Refunds 17-01-2025
Credit of Shares to Demat 17-01-2025
Listing Date 20-01-2025

Objects of the Issue

Funding capital expenditure towards the purchase of additional plant and machinery.
To meet out the General Corporate Purposes

Contact Information

Registered Office Barflex Polyfilms Limited - A-33, Third Floor, FIEE Complex, Okhla Industrial Area, Phase-II, Near C Lal Chowk, New Delhi-110020
Phone +91- 9810021106
Email info@barflex.co.in
Website http://www.barflex.co.in/

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96
Email compliance@maashitla.com
Website https://maashitla.com/allotment-status/public-issues

IPO Reservation

Anchor Investor Shares Offered 18,68,000 (28.44%)
Market Maker Shares Offered 3,35,000 (5.1%)
QIB Shares Offered 12,48,000 (19.00%)
NII (HNI) Shares Offered 9,35,000 (14.24%)
Retail Shares Offered 21,82,000 (33.22%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 92.66%
Shareholding Post Issue (Promoters) 66.72%

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