Key Details of Barflex  PolyFilms IPO 

• Bidding Dates: January 10, 2025 – January 15, 2025
• Price Range: ₹57 – ₹60 per share
• Minimum Investment: ₹1,20,000 for 1 lot (2,000 shares)
• Maximum Investment: ₹1,20,000 for 1 lot (2,000 shares)
• Listing Date: January 20, 2025
• Listing Exchange: NSE SME

Important Date for Barflex  Polyfilms IPO 

• IPO Opening Date: January 10, 2025
• IPO Closing Date: January 15, 2025
• IPO Listing Date: January 20, 2025

 

Barflex Polyfilms Company Details

The global flexible packaging market is projected to reach USD 270.96 billion in 2023, growing at a 4.7% CAGR until 2030. This growth is driven by increased demand for packaged food, advancements in packaging technology, and the rising need for sustainable, cost-effective solutions. In India, the packaging industry, valued at $50.5 billion in 2019, is expected to grow at a CAGR of 12.69% by 2025. With a surge in e-commerce, food processing, and government initiatives like 'Make in India,' Barflex Polyfilms stands to benefit significantly by tapping into this rapidly expanding market, particularly in flexible packaging, which comprises 64% of the sector.

IPO Objectives:

The company plans to utilize the net proceeds from the fresh issue for:

• Purchasing additional machinery and equipment to enhance production capacity.
• Funding working capital requirements.
• General corporate purposes.

Investment Considerations:

Investors should evaluate Barflex Polyfilms' financial health, market position, and growth prospects within the dynamic packaging industry. The company's alignment with industry trends and its strategic objectives for utilizing IPO proceeds are crucial factors to consider.