Barflex Polyfilms IPO vs Parmeshwar Metal IPO

Comparison between Barflex Polyfilms IPO and Parmeshwar Metal IPO.

IPO Details

Barflex Polyfilms IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Parmeshwar Metal IPO is a SME Bookbuilding proposed to list at BSE SME.

	Barflex Polyfilms IPO	Parmeshwar Metal IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Almondz Financial Services Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Maashitla Securities Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Almondz Global Securities Ltd.	Spread X Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Barflex Polyfilms IPO is up to ₹37.40 Cr whereas the issue size of the Parmeshwar Metal IPO is up to ₹23.49 Cr. The final issue price of Barflex Polyfilms IPO is ₹60.00 per share and of Parmeshwar Metal IPO is ₹61.00 per share.

	Barflex Polyfilms IPO	Parmeshwar Metal IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹57.00 per share	₹57.00 per share
Issue Price (Upper)	₹60.00 per share	₹61.00 per share
Issue Price (Final)	₹60.00 per share	₹61.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	17,18,000 shares	38,50,000 shares
Fresh Issue Size (Amount)	up to ₹10.31 Cr	up to ₹23.49 Cr
OFS Issue Size	45,16,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹27.10 Cr	up to ₹0.00 Cr
Issue Size Total	62,34,000 shares	38,50,000 shares
Issue Size Total (Amount)	up to ₹37.40 Cr	up to ₹23.49 Cr

IPO Timetable

Barflex Polyfilms IPO opens on Jan 10, 2025, while Parmeshwar Metal IPO opens on Jan 02, 2025. The closing date of Barflex Polyfilms IPO and Parmeshwar Metal IPO is Jan 15, 2025, and Jan 06, 2025, respectively.

	Barflex Polyfilms IPO	Parmeshwar Metal IPO
Anchor Bid Date	Jan 09, 2025	Jan 01, 2025
Issue Open	Jan 10, 2025	Jan 02, 2025
Issue Close	Jan 15, 2025	Jan 06, 2025
Basis Of Allotment (Tentative)	Jan 16, 2025	Jan 07, 2025
Initiation of Refunds (Tentative)	Jan 17, 2025	Jan 08, 2025
Credit of Share (Tentative)	Jan 17, 2025	Jan 08, 2025
Listing date (Tentative)	Jan 20, 2025	Jan 09, 2025
Anchor Lockin End date 1	Feb 15, 2025	Feb 05, 2025
Anchor Lockin End date 2	Apr 16, 2025	Apr 06, 2025

Financials & KPIs

Barflex Polyfilms IPO P/E ratio is 8.39, as compared to Parmeshwar Metal IPO P/E ratio of 9.51.

Barflex Polyfilms IPO

Parmeshwar Metal IPO

Financials

Barflex Polyfilms Limited Financial Information (Restated)

Period Ended	30 Nov 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,823.88	7,241.01	5,665.06	4,528.96
Total Income	7,802.09	11,612.11	11,040.76	9,410.27
Profit After Tax	1,349.28	1,623.55	1,013.07	794.09
Net Worth	7,732.15	6,382.87	4,759.32	3,746.26
Reserves and Surplus	5,462.45	4,113.17	2,489.62	1,476.56
Total Borrowing	11.51	13.59	16.5	25.87
Amount in ₹ Lakhs

Parmeshwar Metal Limited Financial Information (Restated)

Parmeshwar Metal Limited's revenue increased by 13% and profit after tax (PAT) dropped by -19% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,732.67	7,010.27	5,412.42	4,112.89
Total Income	75,730.83	1,10,246.35	97,270.61	90,227.47
Profit After Tax	570.29	721.93	889.53	685.16
Net Worth	4,291.13	3,720.83	2,998.9	2,109.37
Reserves and Surplus	3,166.13	2,970.83	2,248.9	1,359.37
Total Borrowing	1,468.99	2,188.86	1,660.02	1,383.71
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.66

96.33

Promoter Shareholding (Post-Issue)

66.73

70.81

P/E Ratio

8.39

9.51

Market Cap

₹148.50 Cr.

₹93.37 Cr.

ROE

25.44%

21.49%

ROCE

27.21%

17.51%

Debt/Equity

0.59

EPS

₹7.15

₹6.42

RoNW

25.44%

19.40%

Shares Offered

In the Barflex Polyfilms IPO Retail Individual Investors (RII) are offered 21,82,000 shares while in Parmeshwar Metal IPO retail investors are offered 21,82,000 shares. Qualified Institutional Buyers (QIB) are offered 12,48,000 shares in Barflex Polyfilms IPO and 7,70,000 shares in Parmeshwar Metal IPO.

	Barflex Polyfilms IPO	Parmeshwar Metal IPO
Anchor Investor Reserveration	18,68,000 shares	11,54,000 shares
Market Maker Reserveration	3,34,000 shares	2,06,000 shares
QIB	12,48,000 shares	7,70,000 shares
NII	9,36,000 shares	5,78,000 shares
RII	21,82,000 shares	13,48,000 shares
Employee	0 shares	0 shares
Others
Total	62,34,000 shares	38,50,000 shares

Bids Received (Subscription)

Barflex Polyfilms IPO subscribed 151.52x in total, whereas Parmeshwar Metal IPO subscribed 607.07x.

	Barflex Polyfilms IPO	Parmeshwar Metal IPO
QIB (times)	78.22x	177.32x
NII (times)	373.12x	1,202.83x
Big NII (times)
Small NII (times)
RII (times)	98.48x	597.09x
Employee (times)
Other (times)
Total (times)	151.52x	607.07x

Compare with others

Barflex Polyfilms IPO	Parmeshwar Metal IPO
CapitalNumbers Infotech IPO	Barflex Polyfilms IPO
Landmark Immigration Consultants IPO	Sat Kartar Shopping IPO
Rikhav Securities IPO	B.R.Goyal Infrastructure IPO
EMA Partners IPO	Indobell Insulations IPO
Kabra Jewels IPO	Delta Autocorp IPO
Sat Kartar Shopping IPO	Davin Sons Retail IPO
B.R.Goyal Infrastructure IPO	Fabtech Technologies IPO
Indobell Insulations IPO	Leo Dryfruits IPO
Delta Autocorp IPO	Technichem Organics IPO
Parmeshwar Metal IPO	Citichem India IPO