RFBL Flexi Pack IPO: The IPO of RFBL Flexi Pack is a ‘book build issue’ totaling ₹35.33 crore, which is entirely a fresh issue of 0.71 crore new shares. This IPO will open for investment on 12 May 2026 and will close on 14 May 2026. The process of allotment of shares is expected to be done by 15 May, 2026, after which its listing on the NSE SME platform is likely to take place on 19 May, 2026. Grow House Wealth Management Pvt. Ltd is the lead manager of the issue, while Kfin Technologies Ltd is acting as its registrar.
RFBL Flexi Pack IPO Overview
The price band for this IPO has been fixed at ₹47 to ₹50 per share. The minimum lot size for retail investors is 3,000 shares, which means a minimum investment of ₹1,50,000 will be essential depending on the upper price band. Whereas for HNI category investors, the minimum investment has been fixed at 3 lots (9,000 shares), for which a total amount of ₹ 4,50,000 will be necessary.
| Details | Descriptions |
|---|---|
| IPO Date | 12 to 14 May, 2026 |
| Listing Date | Tue, May 19, 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹47 to ₹50 |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Total Issue Size | 70,65,000 shares (agg. up to ₹35 Cr) |
| Reserved for Market Maker | 67,11,000 shares (agg. up to ₹34 Cr) |
| Net Offered to Public | 3,54,000 shares (agg. up to ₹2 Cr) |
| Fresh Issue | 3,54,000 shares (agg. up to ₹2 Cr) |
| Offer for Sale | 8,20,000 shares of ₹10 (agg. up to ₹12 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,62,50,000 shares |
| Share Holding Post Issue | 2,33,15,000 shares |
RFBL Flexi Pack IPO Schedule
| Details | Description |
|---|---|
| IPO Open Date | Tue, May 12, 2026 |
| IPO Close Date | Thu, May 14, 2026 |
| Tentative Allotment | Fri, May 15, 2026 |
| Initiation of Refunds | Mon, May 18, 2026 |
| Credit of Shares to Demat | Mon, May 18, 2026 |
| Tentative Listing Date | Tue, May 19, 2026 |
RFBL Flexi Pack IPO Lot Size Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6,000 | ₹3,00,000 |
| Individual investors (Retail) (Max) | 2 | 6,000 | ₹3,00,000 |
| HNI (Min) | 3 | 9,000 | ₹4,50,000 |
| S-HNI (Max) | 6 | 18,000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 21,000 | ₹10,50,000 |
Overview of RFBL Flexi Pack
Established in July 2005, RFBL Flexi Pack Ltd specializes in manufacturing and trading high quality printed multilayer flexible packaging materials for various industries. The company mainly manufactures plastic film rolls and pouches, which are widely used in sectors such as food, pharmaceuticals and home care. Keeping in view the changing needs of customers, the company offers customized packaging products. Apart from manufacturing, the company is also active in trading of woven fabric packaging materials, polyester laminated and other specialty films.
Based on B2B model, the company provides sustainable and safe packaging options to its customers as per their specific requirements. Their products pay special attention to moisture resistance and product safety through the use of advanced raw materials such as BOPP, CPP and laminated films. With its state of the art manufacturing unit located in Himmatnagar, Gujarat, the company strikes a perfect balance of manufacturing expertise and a strong trading network. As per the data till Nov 30, 2025, the company has 6 committed employees working in various departments.
Competitive Strengths:
- Special emphasis on quality: The Company is committed to ensuring high quality and standards of its products.
- Strategic Location Advantage: Being located in Gujarat they get geographical advantage in logistics and operations.
- Experienced Leadership: The Company is run by experienced experts and skilled workforce.
- Self-reliant manufacturing: Their production process is integrated and self-reliant, thereby increasing efficiency.
- Flexibility and Customization: The ability to customize products as per customer demand makes them different in the market.
- Strong Customer Relationship: The Company has a large base of loyal customers due to superior service.
Company Financials
RFBL Flexi Pack Financial Information (Restated Standalone)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 51.54 | 46.94 | 22.48 | 10.21 |
| Total Income | 69.66 | 135.46 | 79.96 | 46.86 |
| Profit After Tax | 3.84 | 8.33 | 5.79 | 0.67 |
| EBITDA | 5.96 | 12.57 | 8.53 | 1.34 |
| Net Worth | 21.84 | 18.00 | 9.68 | 3.89 |
| Reserves and Surplus | 5.59 | 16.75 | 8.43 | 2.64 |
| Total Borrowing | 17.51 | 18.88 | 5.23 | 2.06 |
Key Performance Indicator (KPI)
The market cap. of RFBL Flexi Pack IPO is ₹116.58 Crores.
KPI as of Nov 30, 2025, & Mar 31, 2025
| KPI | Nov 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 19.26% | 60.18% |
| ROCE | 14.26% | 32.70% |
| Debt/Equity | 0.80 | 1.05 |
| RoNW | 17.57% | 46.26% |
| PAT Margin | 5.51% | 6.15% |
| EBITDA Margin | 8.55% | 9.28% |
| Price to Book Value | 3.72 | 4.51 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.13 | 3.29 |
| P/E (x) | 9.75 | 15.19 |
| Promoter Holding | 100.00% | 69.70% |
RFBL Flexi Pack IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| To meet capital expenditure requirements | 12.41 |
| Funding of Capital expenditure for manufacturing of equipments for Rental purpose. | 17.76 |
| General corporate purposes | |
| Total | 30.18 |
RFBL Flexi Pack IPO Contact Details
- RFBL Flexi Pack Ltd.
- Survey No 32, Plot No 15,
- Behind Marutinandan Temple Dhandha
- Sabarkantha
- Himatnagar, Gujarat, 383001
- +91 9998825511
- info@rfblflexipack.com
- Website: https://rfblflexi.com
RFBL Flexi Pack IPO Registrar
Kfin Technologies Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 04067162222, 04079611000 |
| Email: | rfbl.ipo@kfintech.com |
| Website: | https://ipostatus.kfintech.com/ |
RFBL Flexi Pack IPO FAQs
When RFBL Flexi Pack IPO become available?
The IPO will open on Tue, May 12, 2026.
What is the minimum lot size for the RFBL Flexi Pack IPO?
The minimum lot size is 3,000 shares.
When will the shares for the RFBL Flexi Pack IPO be allotted?
The allotment is expected to be finalized on Fri, May 15, 2026.
What is the expected listing date for the RFBL Flexi Pack IPO?
The tentative listing date is Tue, May 19, 2026.
How can I apply for the RFBL Flexi Pack IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
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