₹ 120000
₹57- ₹60
2000
₹60
0.0
15 Jan 2025
Download17 Jan 2025
20 Jan 2025
Application Details
The Barflex Polyfilms IPO will be open for subscription from January 10, 2025, to January 15, 2025, with a price band of ₹57 to ₹60 per share and a face value of ₹10 per share. Investors can bid in lots of 2,000 shares. The IPO is a Book Built Issue with a total issue size of 65,69,875 shares, aggregating up to ₹39.42 crore. This includes a fresh issue of 20,53,000 shares, raising ₹12.32 crore, and an offer for sale (OFS) of 45,16,875 shares, amounting to ₹27.10 crore. The shares will be listed on the NSE SME platform.
Important dates for the IPO are as follows: the basis of allotment will be finalized on January 16, 2025, refunds will be initiated on January 17, 2025, and shares will be credited to demat accounts on the same day. The listing is scheduled for January 20, 2025.
About Barflex Polyfilms Limited (SME IPO)
Incorporated in January 2005, Barflex Polyfilms Limited specializes in manufacturing COEX films, laminates, and labels, providing flexible packaging solutions for a wide range of industries. These include FMCG, processed foods, adhesives, pharmaceuticals, cosmetics, engineering applications, construction, and more.
The company's client base comprises renowned brands within their respective sectors in the domestic market. Its product portfolio includes 3-layer and 5-layer poly films, laminates, vacuum pouches, bulk liners, and PVC shrink labels. With plans to introduce 7-layer films post-expansion, Barflex Polyfilms aims to solidify its position as a preferred packaging partner.
The company operates three state-of-the-art manufacturing units in Baddi, Himachal Pradesh, ensuring quality production to meet diverse customer needs.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.