Barflex Polyfilms IPO GMP Live, Open Date, Close Date, Price Band

Barflex Polyfilms IPO open date is from January 10, 2025 to January 15, 2025. This new IPO is a book built issue worth up to Rs 39.42 crores of equity shares. This upcoming IPO is offering a combination of fresh issues of up to 20.53 lakh equity shares and offers for sale of up to Rs 45.16 lakh equity shares. 

Barflex Polyfilms sme IPO price band is Rs 57 – Rs 60 per share. As of now, Barflex Polyfilms IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Barflex Polyfilms sme IPO lot size is 2000 shares, and the allotment status is finalised on Thursday, January 16, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,20,000. The registrar for Barflex Polyfilms IPO is Maashitla Securities Private Limited. The listing date is Monday, January 20, 2025.

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Barflex Polyfilms IPO GMP Live

Barflex Polyfilms IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 81 per share. You can check the latest IPO Grey Market Premium today online.

Barflex Polyfilms IPO Price Band

Barflex Polyfilms IPO price band is Rs 57 – Rs 60 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,20,000 (60 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,40,000 (60 x 4000 shares).

Barflex Polyfilms Allotment Status

Barflex Polyfilms IPO Allotment status will be available on its registrar Maashitla Securities Private Limited website on Thursday, January 16, 2025, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Barflex Polyfilms Listing Date

Barflex Polyfilms IPO listing date has been decided on Monday, January 20, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Barflex Polyfilms IPO: Listing Date, Lot Size, Issue Size, Price Band

Barflex Polyfilms IPO: About the Company

Barflex Polyfilms Limited, established in 2005, specialises in manufacturing flexible packaging materials. Earlier known as Hitkari Polyfilms Private Limited, the company changed its name in June 2005 and transitioned to a public limited company in early 2024. 

Barflex serves diverse industries that include dairy, edible oil, and beverages by offering high-quality co-extruded films and laminates. The company emphasizes a customer-centric approach, offering solutions and expert advice on packaging machinery to enhance production efficiency.

Barflex owns several certifications, including ISO 22000:2018 certification for food safety management. With a focus on innovation and quality, Barflex aims to be a preferred vendor in the packaging sector.

Barflex Polyfilms IPO Objectives

Barflex Polyfilms's IPO objectives include utilising the funding received from the fresh issue for various objectives, including funding capital expenditure towards the purchase of additional plant and machinery and to meet general corporate purposes.

Barflex Polyfilms IPO: Key Dates, Allotment, Listing Date

Barflex Polyfilms IPO Subscription status, IPO Reservation

Barflex Polyfilms IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Barflex Polyfilms IPO Lot Size Details

Barflex Polyfilms IPO lot size is set at 2000 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,20,000 (60 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,40,000 (60 x 4000 shares).

Barflex Polyfilms IPO Promoter Holdings

Barflex Polyfilms IPO promoters are Mr. Jaiwant Bery and Mrs. Nomita Bery. The promoter's combined shareholdings before the IPO were 92.66%; however, post-IPO, their shareholdings will decline.

Barflex Polyfilms Limited Financials (Amt in Lakhs) 

Lead Manager and Registrar of Barflex Polyfilms IPO

Barflex Polyfilms, IPO lead manager is Almondz Financial Services Limited. The company has appointed Maashitla Securities Private Limited as the registrar for this public issue.

How to apply to the Barflex Polyfilms IPO

Interested investors who want to apply to the Barflex Polyfilms IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Barflex Polyfilms IPO FAQs

1. What are the core details available of the Barflex Polyfilms IPO?

Barflex Polyfilms IPO is a book-built issue worth up to Rs 39.42 crores. The price band for this IPO is Rs 57 – Rs 60 per share. This upcoming IPO is a combination of a fresh issue of up to 20.53 lakh equity shares and 45.16 lakh equity shares.

2. What is the Barflex Polyfilms IPO open date and close date?

Barflex Polyfilms IPO subscription opens on Friday, January 10, 2025, and closes on Wednesday, January 15, 2025.

3. What is Barflex Polyfilms IPO GMP Live?

Barflex Polyfilms IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 61 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Barflex Polyfilms IPO Allotment status is available on its registrar, Maashitla Securities Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers for Barflex Polyfilms IPO?

Barflex Polyfilms's IPO lead manager is Almondz Financial Services Limited. The company has appointed Maashitla Securities Private Limited as the registrar for this public issue.

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• Difference between SME IPO and Mainline IPO?