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Home IPOs RFBL Flexi Pack Ltd
RF
RFBL Flexi Pack Ltd
CLOSED NSE SME Mainboard Fresh capital only
GREY MARKET PREMIUM
₹ + 5
+10% expected return
EST. LISTING PRICE
₹55
Issue Price: ₹ 50
Issue Price
₹50
Face Value
₹10
Lot Size
3,000 shares
Open Date
12 May 2026
Close Date
14 May 2026
Allotment
15 May 2026
Listing Date
19 May 2026
Exchange
NSE SME
About the Company

Incorporated in July 2005, RFBL Flexi Pack Ltd. manufactures and trades printed multilayer flexible packaging materials, such as plastic film rolls and pouches, primarily for packaging applications across various industries.

It offers a wide range of customized products, including plastic film rolls and pouches, designed to meet the evolving needs of industries such as food, pharmaceuticals, and home care.

The company also engages in the trading of Woven Fabric Packaging Material, Polyester Laminated, and other types of films.

The company operates under a B2B model, serving clients needing high-quality, customised packaging solutions. They specialize in multilayer plastic films, using manufacturing techniques to meet various packaging needs.

With a strong focus on durability, moisture resistance, and product safety, the company uses advanced materials like BOPP, CPP, and laminated films to deliver reliable packaging solutions. Its integrated business model combines manufacturing expertise with a robust trading network, enabling it to serve clients efficiently and at scale.

The company's manufacturing unit is situated in Himatnagar, Gujarat.

As of November 30, 2025, the company had 6 employees in various departments.

Competitive Strength

  1. Strong Focus on Quality Assurance
  2. Strategic Location Advantage
  3. Experienced Leadership and Skilled Workforce
  4. Integrated and Self-Reliant Manufacturing Operations
  5. Customised and Flexible Product Offerings
  6. Strong Client Relationships and Repeat Business.
Objects of the Issue
Purpose Amount (₹ Cr)
To meet capital expenditure requirements ₹12
Funding working capital requirements ₹18
General corporate purposes
Lead Managers
Grow House Wealth Management Pvt.Ltd
Financial Summary Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Total Assets 52 47 22
Revenue 70 135 80
PAT 4 8 6
EBITDA 6 13 9
Net Worth 22 18 10
Reserves 6 17 8
Total Borrowing 18 19 5
Key Financial Ratios
ROE
19
ROCE
14
RONW
18
PAT Margin
6
EBITDA Margin
9
Debt/Equity
1
P/BV
9%
Issue Details
Total Shares Offered
5,294,000
Reserved for Market Maker
6,711,000 shares (agg. up to ₹34 Cr)
Net Offer to Public
354,000 shares (agg. up to ₹2 Cr)
Pre-Issue Shareholding
16,250,000 shares
Post-Issue Shareholding
23,315,000 shares
Script Code
-
UPI Mandate
IPO Analytics Dashboard
LIVE
IPO Insights
📊
Valuation
Good
IPO Strength Score
6 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For Amt (Cr)*
🏦 QIB 0.66 1,512,000 992,000 ₹756 Cr
💼 NII / HNI 0.79 1,134,000 900,000 ₹567 Cr
👤 Retail (RII) 0.36 2,648,000 944,000 ₹1,324 Cr
📊 Market Maker 6,711,000 ₹34 Cr
Σ Total 0.54 5,294,000 2,836,000 ₹2,647 Cr

* Amount calculated at upper price band (₹50) ·  ** Total includes all investor categories

Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 6,000
Min. Investment ₹300,000
💼 HNI Investors ?
Min. Lots 3
Min. Shares 9,000
Min. Investment ₹450,000
Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 5
Post-Issue EPS ?
₹ 3
Pre-Issue P/E ?
10 x
Post-Issue P/E ?
15 x
IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 18 May 2026
  2. 2 📂 Credit of Shares to Demat 18 May 2026
Investor Interpretation
  • The IPO P/E of 15x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹5 compares to post-issue EPS of ₹3 after dilution.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

STOCK PRICE HISTORY  ·  NSE
Issue Price: ₹ 50  ·  Symbol:
H
L
O
Company Info
📍 Survey No 32, Plot No 15, Behind Marutinandan Temple Dhandha Sabarkantha Himatnagar, Gujarat, 383001
Visit Website
Registrar
Kfin Technologies Ltd
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