RFBL Flexi Pack IPO

Upcoming SME
Open May 12
Close May 14
Allotment May 15
Refund May 18
Listing May 19

Market Sentiment

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Subscription Status
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Analysis Score
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Score appears once GMP/subscription data is in. Disclaimer.

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 6,000 ₹3,00,000
Retail Maximum 2 6,000 ₹3,00,000
S-HNI Minimum 3 9,000 ₹4,50,000
S-HNI Maximum 6 18,000 ₹9,00,000
B-HNI Minimum 7 21,000 ₹10,50,000

IPO Details

Issue Price₹47-50 per equity share
Face Value₹10 Per Equity Share
Total Issue Size ₹35.33 crore
Fresh Share₹35.33 crore
Issue TypeBook build Issue
Lead ManagerGrow House Wealth Management Pvt. Ltd.
RegistrarKfin Technologies Ltd.
Listing atNSE

IPO Reservation

Category Shares Offered

Financial Analysis

Financial Data
ROE
60.18%
ROCE
32.70%
Debt/Equity
1.05
NAV/Share
Rs 11.08
Revenue Growth
69.41%
Profit Margin
6.15%
Financial Performance
Metric 2023 2024 2025 Sep 2025
Revenue 46.86 79.96 135.46 69.66
Expense 45.87 71.91 123.73 64.54
Profit (PAT) 0.67 5.79 8.33 3.84
Total Assets 10.21 22.48 46.94 51.54
Values in Crores (₹)
Peer Comparison
Company P/E EPS Market Cap (Cr)
Uma Converter Limited 14.85 1.33 4
Sabar Flex India Limited 13.92 0.37 2
Promoters & Holding Pattern

Promoters: Kunjit Maheshbhai Patel and Roopyaa Tradebizz Limited

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 1,62,50,000 100.00%

Company Information

About RFBL Flexi Pack

RFBL Flexi Pack, founded in July 2005, has been involved in the manufacturing and trading of printed flexible packaging products, like plastic film rolls and pouches, serving various industries. The firm offers a wide range of printed packing products, such as plastic film rolls and pouches for various industries such as food, pharmaceuticals, and home care. Along with packaging products, the company is also engaged in the trading of Woven Fabric Packaging Material, Polyester Laminated, and other types of films. The firm runs its business in a B2B segment known to deliver high-quality and customised packaging solutions, helping sectors to meet their packaging requirements. RFBL Flexi uses high-quality materials like BOPP, CPP, and laminated films to offer quality packaging solutions. Lastly, its manufacturing facility is located in Himatnagar, Gujarat.

Objects of the Issue
Purpose Amount (Cr)
To meet capital expenditure requirements 12.41
Funding working capital requirements 17.76
General Corporate Purpose -

Resources & Documents

Company Contact Information

RFBL Flexi Pack Ltd., Survey No 32, Plot No 15,, Behind Marutinandan Temple Dhandha, Sabarkantha, Himatnagar, Gujarat, 383001

RFBL Flexi Pack IPO — Quick Take

RFBL Flexi Pack has set a price band of Rs 47–Rs 50 per share for an issue size of Rs 35 crore. The SME issue is scheduled to open for subscription on May 12, 2026 — 3 days from now.

RFBL Flexi Pack, founded in July 2005, has been involved in the manufacturing and trading of printed flexible packaging products, like plastic film rolls and pouches, serving various industries. The firm offers a wide range of printed packing products, such as plastic film rolls and pouches for various industries such as food, pharmaceuticals, and home care.

The issue is promoted by Kunjit Maheshbhai Patel and Roopyaa Tradebizz Limited with Grow House Wealth Management Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards To meet capital expenditure requirements (Rs 12 crore) and Funding working capital requirements (Rs 18 crore).

On fundamentals, the company is posting revenue growth of 69.4%, a profit margin of 6.2%, return on equity of 60.2% in its most recent reported period. Listed peers in this segment include Uma Converter Limited (P/E 14.85x, market cap Rs 4 crore) and Sabar Flex India Limited (P/E 13.92x, market cap Rs 2 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of RFBL Flexi Pack IPO is Rs 47 to Rs 50 per share. Face value is Rs 10 per share.

The total issue size of RFBL Flexi Pack IPO is Rs 35 crore, comprising fresh issue of Rs 35 crore.

RFBL Flexi Pack IPO opens for subscription on May 12, 2026 and closes on May 14, 2026.

The expected allotment date for RFBL Flexi Pack IPO is May 15, 2026. Refunds for unsuccessful applicants are expected on May 18, 2026.

RFBL Flexi Pack IPO is scheduled to list on May 19, 2026 on NSE.

The registrar for RFBL Flexi Pack IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for RFBL Flexi Pack IPO are Grow House Wealth Management Pvt. Ltd..

The promoter(s) of RFBL Flexi Pack are Kunjit Maheshbhai Patel and Roopyaa Tradebizz Limited.

You can apply for RFBL Flexi Pack SME IPO online before 14 May 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 3,00,000. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for RFBL Flexi Pack in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

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