Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

RFBL Flexi Pack Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 13, 2026 to raise funds through Initial Public Offer (IPO).
RFBL Flexi Pack Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.71 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Grow House Wealth Management Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to RFBL Flexi Pack IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 70,70,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 70,70,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,62,50,000 shares |
| Share Holding Post Issue | 2,33,20,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Mar 13, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in July 2005, RFBL Flexi Pack Ltd. manufactures and trades printed multilayer flexible packaging materials, such as plastic film rolls and pouches, primarily for packaging applications across various industries.
It offers a wide range of customized products, including plastic film rolls and pouches, designed to meet the evolving needs of industries such as food, pharmaceuticals, and home care.
The company also engages in the trading of Woven Fabric Packaging Material, Polyester Laminated, and other types of films.
The company operates under a B2B model, serving clients needing high-quality, customised packaging solutions. They specialize in multilayer plastic films, using manufacturing techniques to meet various packaging needs.
With a strong focus on durability, moisture resistance, and product safety, the company uses advanced materials like BOPP, CPP, and laminated films to deliver reliable packaging solutions. Its integrated business model combines manufacturing expertise with a robust trading network, enabling it to serve clients efficiently and at scale.
The company's manufacturing unit is situated in Himatnagar, Gujarat.
As of November 30, 2025, the company had 6 employees in various departments.
Competitive Strength
| 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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet capital expenditure requirements | 12.41 |
| 2 | Funding working capital requirements | 17.76 |
| 3 | General corporate purposes | |
| Total | 30.18 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 60.18% |
| ROCE | 32.70% |
| Debt/Equity | 1.05 |
| RoNW | 46.26% |
| PAT Margin | 6.15% |
| EBITDA Margin | 9.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100.00% |
Lead Manager Reports
RFBL Flexi Pack IPO is a SME IPO of 70,70,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The RFBL Flexi Pack IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in RFBL Flexi Pack IPO using UPI as a payment gateway. Zerodha customers can apply in RFBL Flexi Pack IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in RFBL Flexi Pack IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The RFBL Flexi Pack IPO dates are not announced. Please check back again after some time.
RFBL Flexi Pack IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in RFBL Flexi Pack IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for RFBL Flexi Pack IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the RFBL Flexi Pack IPO allotment status.
The RFBL Flexi Pack IPO listing date is not yet announced. The tentative date of listing is .