IPO Advisory
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Packaging & Disposables
Sub Sector: business to manufacture flexible packaging material
Exchange:
NSE
Emerge
Barflex Polyfilms was incorporated as a private limited company on January 24, 2005, with the business to manufacture
flexible packaging material in Barflex Polyfilms first manufacturing unit situated at Plot No-17, Industrial Area Barortiwala,
Baddi, Distt- Solan, Himachal Pradesh-174103, India (“Unit -I”). This Unit -I manufactures barrier COEX films,
laminates and PVC (poly vinyl chloride) labels. The installed capacity of Unit -I is to manufacture 2400 MT per
annum of co-extruded multilayer plastic films and pouches.
In the year 2008, Barflex Polyfilms expanded its business operations with intent to increase customer base with the
following strategies:
(a) set up a manufacturing unit adjacent to Unit-I (“Unit – II”). The installed capacity of Unit -II was to manufacture
PVC shrink sleeves 950 MT per annum;
(b) set up an additional manufacturing unit at Plot No-15, Industrial Area Barotiwala, Tehsil-Kasauli, Baddi, DisttSolan, Himachal Pradesh-174103 (“Unit -III”). The objective of Unit -III is to manufacture PVC stretch and
plastic films and pouches at 865 MT per annum.
In the year 2011 and 2012, Barflex Polyfilms further enhanced the installed capacity of Unit-II. The current revised
capacity of Unit II to manufacture pouches, plastic film, laminates, PVC shrink sleeves is 3000 MT per annum.
Barflex Polyfilms is engaged in manufacturing of COEX films, laminates and labels. Barflex Polyfilms manufacture flexible packaging material suitable for packaging products in FMCG industry, processed foods, adhesive, engineering, pharmaceutical industry, cosmetics, construction industry and others. Barflex Polyfilms major customers are known brands in their respective sector as well as in the domestic market. At present, company manufacture 3-layer poly films, 5-layer poly films, laminates, vacuum pouches, 5-layer bulk liners and PVC shrink labels. We are planning to start manufacturing 7- layer films as well, post expansion. This will help to become preferred vendor in packaging material, for our
customers.
Maashitla Securities Private Limited
Barflex Polyfilms operates in Packaging & Disposables and business to manufacture flexible packaging material. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Barflex Polyfilms is Book Building Process and Object of issue is
Merchant Banker of Barflex Polyfilms IPO is Almondz Financial Services Limited
The DRHP (Draft Red Herring Prospectus) of Barflex Polyfilms IPO was filed on 19 Nov 2024.
No, Barflex Polyfilms IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Barflex Polyfilms are not available now. You can apply in Barflex Polyfilms IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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