RFBL Flexi Pack IPO Details

SME NSE

RFBL Flexi Pack IPO Summary

RFBL Flexi Pack IPO opens for subscription on 12 May 2026 and closes on 14 May 2026.The IPO will be listed on NSE with the tentative listing date set for 19 May 2026.

RFBL Flexi Pack IPO price band has been fixed at ₹47 – ₹50 per share. The face value is ₹10 per share with a lot size of 3000.

RFBL Flexi Pack IPO total issue size comprises 70,65,000 shares (aggregating up to ₹35.33 Cr). This includes a fresh issue of 70,65,000 shares (aggregating up to ₹35.33 Cr). Pre-issue shareholding stands at 1,62,50,000, which will increase to 2,33,15,000 post-issue.

RFBL Flexi Pack IPO carries a ₹1.5 (3%) GMP, reflecting investor sentiment.

RFBL Flexi Pack IPO Lot Size :Individual Minimum is 2 lots (6,000 shares) amounting to ₹300,000. Individual Maximum is 2 lots (6,000 shares) amounting to ₹300,000. SHNI Minimum is 3 lots (9,000 shares) amounting to ₹450,000. SHNI Maximum is 6 lots (18,000 shares) amounting to ₹900,000. BHNI Minimum is 7 lots (21,000 shares) amounting to ₹1,050,000.

The Lead Managers for RFBL Flexi Pack IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Grow House Wealth Management Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Mnm Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the RFBL Flexi Pack Limited RHP.

RFBL Flexi Pack IPO Details

Listing Price : ₹52.5 at a Premium of 5%

Open Date

12 May 2026

Close Date

14 May 2026

Listing Date

19 May 2026

Issue Price

₹47 - ₹50

Face Value

₹10 per share

Lot Size

3000 Shares

GMP

₹1.5(3%)

Issue Type

IPO

Listing On

NSE

Type

Book Built Issue

Pre-issue Shareholding

1,62,50,000 shares

Post-issue Shareholding

2,33,15,000 shares

Total Issue Size

70,65,000 shares(aggregating up to ₹35.33 Cr)

Fresh Issue

70,65,000 shares(aggregating up to ₹35.33 Cr)

Offer for Sale

RFBL Flexi Pack IPO Subscription

RFBL Flexi Pack IPO Application Wise Breakup

RFBL Flexi Pack IPO Dates

12 May 2026
Opening dateOpen
14 May 2026
Closing dateClose
15 May 2026
Allotment Date Allotment
18 May 2026
Initiation of RefundsRefund
18 May 2026
Credit of SharesCredit
19 May 2026
Listing dateListing

RFBL Flexi Pack IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	6000	₹300,000
Individual Maximum	2	6000	₹300,000
SHNI Minimum	3	9000	₹450,000
SHNI Maximum	6	18000	₹900,000
BHNI Minimum	7	21000	₹1,050,000

RFBL Flexi Pack IPO Reservation

Promoter Holding

Pre Issue:

100.00%

Post Issue:

69.70%

Promoter Names:

Kunjit Maheshbhai Patel, Roopyaa Tradebizz Limited.

Documents

DRHP

RFBL Flexi Pack IPO DRHP

RHP

RFBL Flexi Pack IPO RHP

Basis of Allotment

BOA Document

RFBL Flexi Pack IPO Valuations

ROE19.26%

ROCE14.26%

Debt/Equity0.80

RoNW17.57%

PAT Margin5.51%

EBITDA Margin8.55%

Price to Book Value3.72

EPS(₹) (Pre IPO)5.13

EPS(₹) (Post IPO)3.29

P/E (x) (Pre IPO)9.75

P/E (x) (Post IPO)15.19

RFBL Flexi Pack Financial Information

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
Amount in ₹ Crore

About RFBL Flexi Pack IPO

RFBL Flexi Pack Ltd., incorporated in July 2005, is engaged in the manufacturing and trading of printed multilayer flexible packaging materials, including plastic film rolls and pouches, catering to diverse industrial packaging applications.

The company offers a wide range of customized packaging solutions designed to meet the evolving requirements of industries such as food, pharmaceuticals, and home care. Its product portfolio includes plastic film rolls and pouches tailored to ensure durability, product protection, and aesthetic appeal.

In addition to its manufacturing operations, RFBL Flexi Pack Ltd. is also involved in the trading of woven fabric packaging materials, polyester laminated films, and other specialized packaging films, enhancing its product offerings and market reach.

The company operates under a B2B business model, focusing on delivering high-quality, customized packaging solutions to its clients. It specializes in multilayer plastic films, utilizing advanced manufacturing techniques and materials such as BOPP, CPP, and laminated films to ensure moisture resistance, durability, and product safety.

Its integrated business model, combining manufacturing capabilities with a strong trading network, enables the company to efficiently serve its customers and scale its operations.

The company’s manufacturing facility is located in Himatnagar, Gujarat, supporting its production and supply chain operations.

As of November 30, 2025, the company had a workforce of 6 employees across various departments.

Strength Of RFBL Flexi Pack IPO

Strong Focus on Quality Assurance.
Strategic Location Advantage.
Customized and Flexible Product Offerings.
Strong Client Relationships and Repeat Business.

Risk Of RFBL Flexi Pack IPO

The Company, its Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may has a material adverse effect on the company business, results of operations and financial condition.
The company is significantly dependent on few customers for its revenue. The loss of any one or more of such customers may has a material effect on the company business operations and profitability. Its derives a significant portion of the company revenue from sales to the company top 1, 5 and 10 customers. Any failures to maintain relationships with such customers could adversely affect its revenue and financial condition.
Under-utilization of its manufacturing capacity and an inability to effectively utilize the company expanded manufacturing capacity could has an adverse effect on the company business, future prospects, and financial performance, and the information on installed capacities, historical production, and capacity utilization included in this Red Herring Prospectus is based on estimates.
The Company has not paid Self-Assessment Tax for AY 2025-26 and has not filed Income Tax Return for AY 2025- 26. Such failures may result in interest, penalties or other regulatory actions under applicable tax laws, which could adversely affect the company financial condition and reputation.
Extensive government regulation and the impact of plastics on the environment could has a severe impact on its ability to continue the company business operations, which could adversely affect its business, results of operations and financial condition.
Inadequate or uninterrupted supply and price fluctuation in the company products could adversely affect its business, results of operations, cash flows, profitability and financial condition.
The company has dependent on its top suppliers for uninterrupted supply of Raw-Materials and purchase stock in trade. Any shortfall in the supply, or an increase in costs and other input costs, may adversely affect the pricing and supply of the company products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.
Its success largely depends upon the knowledge and experience of the company Key Managerial Personnel, Senior Managerial Personnel and Promoters of the company. Loss of such KMP, SMP and promoter and its ability to attract and retain them could adversely affect the company business, operations and financial condition.
The land proposed to be acquired for the purposes of establishing new manufacturing facility from the proceeds of the Issue is not currently registered in the name of the Company.
The land proposed to be acquired by the Company from the erstwhile promoters is currently mortgaged in favour of Canara Bank for a loan availed by the Company and will continue to remain mortgaged after the proposed acquisition, which may expose it to certain risks.

Objectives RFBL Flexi Pack IPO

1. To meet capital expenditure requirements

2. Funding working capital requirements

3. General corporate purposes

4. Total

Company Contact Details

Survey No 32, Plot No 15, Behind Marutinandan Temple Dhandha Sabarkantha
Himatnagar, Gujarat , 383001
Phone: +91 9998825511
Email: info@rfblflexipack.com
Website: https://rfblflexi.com/

Registrar Contact Details

Name:

Kfin Technologies Ltd

Phone:

+91-40-67162222

Email:

rfbl.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

Market Maker

RFBL Flexi Pack FAQs

The RFBL Flexi Pack IPO is a SME public issue comprising 7065000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹35.33 Cr. The issue price has been fixed at ₹50 per equity share, and the minimum application size is 3000 shares.

The IPO opens for subscription on 12 May 2026, and closes on 14 May 2026.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The RFBL Flexi Pack IPO opens on 12 May 2026.

RFBL Flexi Pack IPO lot size is 3000, and the minimum amount required for application is ₹150000.

You may apply for the RFBL Flexi Pack IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the RFBL Flexi Pack IPO is scheduled to be finalized on 15 May 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 18 May 2026. Investors are advised to regularly check the RFBL Flexi Pack IPO allotment status for updates.

The listing date for the RFBL Flexi Pack IPO has not yet been officially announced. However, the tentative listing date is scheduled for 19 May 2026.

RFBL Flexi Pack IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹1.5 (3%).