Price Band
₹57 - ₹60
Lot Size
2000
Issue Size
₹39.41 Cr
GMP
N/A
Subscription
151.52x
IPO Schedule
Open
10 Jan 2025
Close
15 Jan 2025
Allotment
-
Listing
20 Jan 2025
About Barflex Polyfilms
Barflex Polyfilms Limited specializes in manufacturing and supplying Polyethylene (PE) films, catering to various packaging applications. Their product portfolio includes multilayer films, lamination films, and printing films, serving diverse sectors like food, agriculture, and industrial packaging. The IPO aims to fund their expansion plans and working capital requirements.
Key Strengths
- Strong financial performance with a healthy ROE of 25.44% indicating efficient utilization of shareholder equity.
- Attractive P/E ratio of 8.39 compared to industry peers, suggesting potential undervaluation.
- Established relationships with key customers across diverse sectors.
- Experienced management team with a proven track record in the polymer film industry.
- Growth potential driven by increasing demand for flexible packaging solutions in India.
Risk Factors
- •Exposure to fluctuations in raw material prices, particularly polymer resins, which could impact profitability.
- •Intense competition from both organized and unorganized players in the flexible packaging industry.
- •Dependence on key customers; loss of a major customer could adversely affect revenue.
Valuation Analysis
The IPO appears reasonably valued based on its attractive P/E ratio and strong ROE, offering potential upside to investors. However, investors should carefully consider the risks associated with the SME segment and industry competition before investing.
IPO Details
Key Metrics
Growth & Quality
Subscription
Documents
RHP not available