1.Company Information

Barflex Polyfilms Limited was founded in January 2005 and produces COEX films, labels, and laminates. The company manufactures flexible packaging materials that are perfect for a variety of industries, including construction, adhesives, medicines, cosmetics, FMCG, and processed foods.  Well-known brands in their respective industries and domestic markets are among the company's main clients. The company manufactures PVC shrink labels, vacuum pouches, bulk liners, laminates and 3- and 5-layer poly films. After the expansion, the company intends to add 7-layer films in order to become its clients' go-to packaging supplier.  Three of the company's manufacturing facilities are located in Baddi, Himachal Pradesh.  The company had 182 workers as of May 31, 2024, including 80 contract workers and 102 full-time employees. 

2. Strenghts

1) A wide variety of goods for sectors like construction, engineering, pharmaceuticals, FMCG, processed foods, adhesives, and cosmetics. 
2) Having connections with its clientele and being present in a variety of industrial verticals.
3) A broad presence in the market
4) The stability of the organisation and the experience of the promoter.

3. Objects of the Issue

1) Funding capital expenditure towards the purchase of additional plant and machinery
2) General Corporate Purpose

4.Barflex Polyfilms Limited IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: compliance@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues