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SME | Book Build
Listed

RFBL Flexi Pack SME IPO Details 2026

₹47 - ₹50Price Band
₹35.33 Cr. Issue Size
3,000 sharesLot Size
PackagingSector
Issue Open
May 12, 2026
Fresh issue
Issue Close
May 14, 2026
Min 2 lots (retail)
Allotment Date
May 15, 2026
Lot size: 3,000 shares
Listing Date
May 19, 2026
NSE SME

All About RFBL Flexi Pack IPO:

The RFBL Flexi Pack size is ₹35.33 crore, including a fresh issue of ₹35.33 crore and an offer for sale of ₹- crore. It is a Bookbuilding issue. The IPO issue opens on May 12, 2026 and closes on May 14, 2026. The share allotment is expected on May 15, 2026, and the listing date is May 19, 2026. RFBL Flexi Pack is based in Himatnagar, Gujarat and operates in the Packaging sector. It filed its DRHP on March 12, 2026 and will list its shares on the NSE SME. Kfin Technologies Ltd. is the registrar, while Grow House Wealth Management Pvt.Ltd. serves as the merchant banker for the offer.

IPO Highlights

IPO Details
Total Issue ₹35.33 Cr.
Fresh Issue ₹35.33 Cr.
Offer for Sale ₹- Cr.
IPO Price Band ₹47 – ₹50
Face Value ₹10 per share
Lot Size 3,000 Shares
Listed on NSE SME
IPO Dates
DRHP Filed March 12, 2026
Issue Open May 12, 2026
Issue Close May 14, 2026
Allotment Date May 15, 2026
Refunds Initiation May 18, 2026
Credit of Shares May 18, 2026
Listing Date May 19, 2026

IPO Reservation and Lot Size

The company has reserved shares for various investor categories. The Retail Shares reservation is 59.70% (42,18,000 shares), and QIB has 5.10% (3,60,000 shares). Further, the minimum lot size is 3,000 shares. The anchor investor reservation is 0% (0 shares), and the market maker reservation is 3,54,000 shares.

IPO Issue Structure

IPO Reservation
QIB
3,60,000 (5.36%)
Anchor Investor
QIB (Ex. Anchor)
NII (HNI)
21,33,000 (31.78%)
bNII > ₹10L 14,22,000 (20.13%)
sNII < ₹10L 7,11,000 (10.06%)
Retail
42,18,000 (59.70%)
Market Maker
3,54,000 (5.01%)
Total
70,65,000 (100%)
IPO Lot Size
Retail (Min)
Small Investor Quota
2 Lot | 6,000 Shares
₹3,00,000
Retail (Max)
Retail Investment Limit
2 Lot | 6,000 Shares
₹3,00,000
S-HNI (Min)
Small HNI (₹2L – ₹10L)
3 Lot | | 9,000 Shares
₹4,50,000
S-HNI (Max)
Small HNI (Up to ₹10 L)
6 Lot | 9,000 Shares
₹9,00,000
B-HNI (Min)
Big HNI (Above ₹10L)
7 Lot | 21,000 Shares
₹10,50,000
Market Maker
Designated Broker
1,38,000 Shares

On March 12, 2026 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.

Financial Performance (₹ in Cr)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Total Income135.4679.9646.86
Profit After Tax (PAT)8.335.790.67
EBITDA12.578.531.34
Net Worth189.683.89
Assets46.9422.4810.21
Total Debt18.885.232.06

Key Performance Indicator

ParticularsFY25FY24FY23
EBITDA Margin (%)9.28%10.67%2.86%
PAT Margin (%)6.15%7.24%1.43%
EPS (₹)₹5.13₹3.56₹0.41
ROE (%)46.28%59.81%17.22%
ROCE (%)32.70%57.21%22.52%
ROA (%)17.75%25.76%6.56%
Debt to Equity (x)1.05x0.54x0.53x

To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus.

Goldline Pharmaceutical SME IPO Review

You must assess the company’s financial position before deciding on investments. You can read our full review article here.

Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.

IPO Financial Snapshot

IPO Objectives
To meet capital expenditure requirements ₹12.41 Cr.
Funding working capital requirements of the Company ₹17.76 Cr.
General Corporate Purposes ₹0.00 Cr.
Total Fund Requirement ₹30.17 Cr.
IPO Key Metrics
Pre IPO EPS
5.13
Earnings Per Share
Post IPO EPS
3.29
Earnings Per Share
Pre IPO P/E
9.75
Price to Earnings
Post IPO P/E
15.19
Price to Earnings
Market Capitalization
₹116.58 Cr.
Post-IPO Market Cap

✅Strengths

  • Strong focus on quality
  • Strategic location advantage
  • Experienced leadership team
  • Integrated manufacturing
  • Strong client relationships
  • Customized product offerings

⚠️Weaknesses

  • Highly competitive industry
  • Reliance on raw materials
  • Environmental policy risks
  • Production concentrated in Gujarat

RFBL Flexi Pack Company Details

RFBL Flexi Pack started its business in 2005. The company operates in the Packaging sector. It manufactures printed multilayer flexible packaging materials for the food, pharmaceutical, and home care markets. The team provides customized packaging solutions to clients. Its main office is in Himatnagar, Gujarat. The company holds several quality certificates for its operations, focusing on durability, moisture resistance, and product safety. The integrated business model combines manufacturing expertise with a robust trading network.

Main Offerings:

  • Printed multilayer flexible packaging rolls
  • Customized plastic film rolls and pouches
  • Trading of Woven Fabric Packaging Material
  • Trading of Polyester Laminated and other films

Key Strength:

  • Focus on quality assurance
  • Strategic location in Gujarat
  • Integrated manufacturing operations
  • Strong client relationships

Company Address: Survey No 32, Plot No 15, Behind Marutinandan Temple, Dhandha Sabarkantha Himatnagar, Gujarat, 383001

You can contact the company via call or email.

+91 9998825511 | info@rfblflexipack.com

Intermediaries & Key Contacts

Official stakeholders managing the IPO process
REGISTRAR
Kfin Technologies Ltd.
04067162222, 04079611000
rfbl.ipo@kfintech.com
LEAD MANAGER
Grow House Wealth Management Pvt.Ltd.
MARKET MAKER
RESERVATION
3,54,000 shares (5.01% of the issue)
PROMOTERS
Kunjit Maheshbhai Patel
Roopyaa Tradebizz Limited
Pre-Issue100.00%
Post-Issue 69.70%

Frequently Asked Questions

What is the RFBL Flexi Pack IPO?

It is an NSE SME issue worth ₹35.33 crores. The company manufactures and trades printed multilayer flexible packaging materials, rolls, and pouches for various industries.

How to apply for RFBL Flexi Pack IPO?

You may apply using the ASBA service on your net banking platform. You might also block your money using UPI-based applications through your broker.

When is RFBL Flexi Pack IPO allotment?

The allotment will be completed on May 15, 2026, by the registrar. Status can be checked in Kfin Technologies Ltd. portal.

When is RFBL Flexi Pack IPO listing date?

The shares will start trading on the NSE SME platform on May 19, 2026. The listing ceremony usually happens at 9:15 AM on the exchange.

What is the lot size for this IPO?

One lot contains 3,000 shares. You need at least ₹1,50,000 to apply for a single lot at the upper price band.

Who is the lead manager for the issue?

Grow House Wealth Management Pvt.Ltd. is the lead manager for this public offer. They handle the marketing and the book-building process.

What is the minimum investment for an HNI?

An HNI must apply for at least 3 lots. This requires a total amount of ₹4,50,000 at the upper price band.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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