Barflex Polyfilms Ltd. has announced public offering of 6569875 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share. The gross proceeds of the issue are expected to be Rs 3,941.93 lakhs.

The company's initial public offer (IPO) will open on 10 January 2025 and is expected to close on 15 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 57.00-60.00 per share.

The IPO includes a fresh Issue of 6569875 Equity Shares of the Company at an price of Rs 60.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Barflex Polyfilms Ltd. anticipates using the proceeds of the issue for .

Almondz Financial Services Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.