Initially, the company started its business to manufacture flexible packaging material for FMCG industry, processed foods, adhesive, engineering, pharmaceutical, cosmetics, construction industry, and others. At first, it set up a Unit-I manufacturing facility with an installed capacity fo 2400 MT p.a. of co-extruded multilayer plastic films and pouches.
Later, the company expanded its business by establishing Unit-II manufacturing unit to manufacture PVC Shrink sleeves of 950 MT p.a., and an additional manufacturing unit – III was established with a capacity of 865 MT p.a. to manufacture PVC stretch and plastic pouches. Currently, it has a revised capacity of 3,000 MT p.a. to manufacture pouches, plastic films, laminates, and PVC Shrink Sleeves.
The company manufactures COEX films, labels, laminates, and flexible packaging material. It manufactures 3-layer poly films, 5-layer poly films, laminates, vacuum pouches, 5-layer bulk liners and PVC shrink labels.
Barflex Polyfilms SME IPO Details
| IPO Opening Date | 10th Jan 2025 |
| IPO Closing Date | 15th Jan 2025 |
| Issue Price | ₹ 57 to 60 Per Share |
| Market Lot | 2000 Shares |
| 1 Lot Amount | ₹120000 |
| Small HNI Lot | ₹ 2 to10 Lakhs |
| Big HNI Lot | ₹ 10 + Lakhs |
| Issue Size | ₹ 39.42 Cr |
| Offer for sale | ₹ 27.10 Cr |
| Fresh Issue | ₹ 12.32 Cr |
| IPO Listing at | BSE/SME |
| Allotment Date | 15th Jan 2025 |
| Refund Initiation | 16th Jan 2025 |
| Credit Of Shares to Demat Account | 16th Jan 2025 |
| Listing Dates | 17th Jan 2025 |
| Allotment Status check at BSE | Click here |
| Allotment Status check at NSE | Click here |