RFBL Flexi Pack Limited
Bookbuilding IPO · NSE
- Price band
- ₹47 - ₹50
- Lot size
- 3,000 shares
- Issue amount
- ₹35.32 cr
- Total subscription
- 21.53×
- Opens
- 12 May 2026
- Closes
- 14 May 2026
- Allotment
- 15 May 2026
- Listing
- 19 May 2026
Offer at a glance
Issue overview
- Issue size
- 70,65,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,41,000
- Fresh issue
- ₹35.32 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,50,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,62,50,000
- Shares after issue
- 2,33,20,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 6,000 | ₹3,00,000 |
| sHNI | 3 | 9,000 | ₹4,50,000 |
| bHNI | 7 | 21,000 | ₹10,50,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 14 May 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 27 |
| NIB | 0 | 3,075 |
| RETAIL | 703 | 7,985 |
| HNIs(10L +) | 158 | 1,953 |
| HNIs (2-10L) | 79 | 1,122 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.8 | 223.91 |
| FIIs | 0 | 14.76 |
| FIs | 0 | 0.68 |
| Others | 0 | 208.47 |
| RETAIL | 21.09 | 239.55 |
| HNIs 2+ | 3.56 | 52.06 |
| HNIs 10+ | 7.11 | 206.94 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Nov-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 2.36 | 5.13 | 3.56 | 0.56 |
| ROE | 19.26 | 60.18 | 85.33 | 21.76 |
| ROCE | 14.26 | 32.7 | 53.9 | 19.26 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 9.75 | 0 | 0 |
| POST IPO(PE) | 15.19 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Uma Converter Limited | 14.85 | 0 | 10.00 | 37.06 | 3.66 | 1.33 |
| Sabar Flex India Limited | 13.92 | 0 | 10.00 | 17.71 | 2.12 | 0.37 |
| RFBL Flexi Pack Limited | 9.75 | 0 | 10.00 | 11.08 | 60.18 | 5.13 |
Company information
Company profile
Incorporated in July 2005, RFBL Flexi Pack Ltd. is engaged in manufacturing and trading printed multilayer flexible packaging materials like plastic film rolls and pouches used across industries such as food, pharmaceuticals, and home care. The company provides customized packaging solutions based on client needs and also trades products like woven fabric packaging materials and polyester laminated films. It operates on a B2B model, supplying high-quality and reliable packaging using advanced materials such as BOPP, CPP, and laminated films to ensure durability, moisture resistance, and product safety. With a combination of manufacturing capabilities and a strong trading network, the company efficiently serves its clients at scale. Its manufacturing unit is located in Himatnagar, Gujarat, and as of November 30, 2025, the company had 6 employees across different departments.
Strengths
- Customized Packaging Expertise: Ability to deliver tailored multilayer packaging solutions across industries like food and pharma.
- Integrated Manufacturing Model: Combines production and trading, ensuring efficiency and flexibility in operations.
- Strategic Location Advantage: Manufacturing unit in Gujarat supports logistics and access to key markets.
Risk factors
- Very Small Workforce Scale: Limited employee base may restrict production capacity and scalability.
- Dependence on B2B Clients: Revenue heavily reliant on industrial demand and client concentration.
- Raw Material Price Volatility: Fluctuations in plastic and polymer prices can impact margins.
Promoters
Kunjit Maheshbhai Patel
Roopyaa Tradebizz Limited
Registrar & documents
Lead manager
Grow House Wealth Management Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No 32, Plot No 15, Behind Marutinandan Temple Dhandha Sabarkantha Himatnagar, Gujarat, 383001
+91 9998825511
[email protected]Company website ↗Understanding RFBL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.