243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

     List of All Upcoming SME IPOs
Goflex Limited

Ludhiana

Date of DRHP : 26 Aug 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Goflex Limited Basic Details

   Advertising and Media - Events

Sub Sector: manufacturing of flex banner fabrics

Exchange:
NSE Emerge

About the Company

Goflex is engaged in the business of manufacturing of flex banner fabrics. Goflex is a supplier of different qualities of flex banners fabric. Goflex have entered into a Contract Manufacturing arrangement with a more than a decade-old manufacturing company viz. Jindal Specialty Textiles Limited established in the state of Himachal Pradesh for manufacturing of Flex Banner Fabrics. Goflex Limited imports raw materials like PVC Resin, TiO2, Warp knitted fabric from countries like China and South Korea. This depends upon the pricing available in the domestic market compared with international prices of the raw material.
Further, Goflex is providing raw material to Jindal Specialty Textiles Limited for manufacturing the Flex Board Fabric. Raw Material like PVC Resin, DOP, TiO2, Stabiliser, Calcium carbonate, pigments, polyester warp knitted fabric etc. are sold to Jindal Specialty by their Company. Goflex Limited deals with B2B customers only. They have a dealer network spanning the country. The material is supplied to all the dealers vide closed or open body trucks and further the dealers supply the material to smaller dealers or printing companies who further use the material to print advertisements or signages. PVC Flex banners are used for indoor and outdoor advertisements. Goflex supply rolls of PVC flex banners. Goflex Limited also exports PVC flex banners and PVC film to countries, such as Brazil, UAE and Singapore.

Financial Summary (Annualised Basis)

Revenue :
265.47 Cr.

PAT :
5.02 Cr.

Goflex Limited IPO Lead Manager(s)

Fast Track Finsec Private Limited

Goflex Limited IPO Registrar

Skyline Financial Services Private Limited

Goflex Limited DRHP Details

Objects of issue

  • Working Capital Requirement
  • General Corporate Purposes

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FAQs

Goflex operates in Advertising and Media - Events and manufacturing of flex banner fabrics. The Issue would be listed on SME. The registrar of the Issue is Skyline Financial Services Private Limited. The IPO type of Goflex is Book Building Process and Object of issue is

  • Working Capital Requirement
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Goflex IPO was filed on 26 Aug 2024.

No, Goflex IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Goflex are not available now. You can apply in Goflex 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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