RFBL Flexi Pack Ltd IPO
Status: Upcoming
Overview
IPO date
12 May 2026 to 14 May 2026
Face value
₹ 10 per share
Price
₹ 47 to ₹50 per share
Issue Size
7,065,000 shares
(aggregating up to ₹ 35.33 Cr)
(aggregating up to ₹ 35.33 Cr)
Allotment Date
15 May 2026
Listing at
NSE
Issue type
Book Building - SME
Sector
Packaging
Objectives of RFBL Flexi Pack Ltd IPO
RFBL Flexi Pack Ltd IPO Strategy
About RFBL Flexi Pack Ltd
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T&C*
Strengths vs Risks of RFBL Flexi Pack Ltd
Know the pros & cons
Strengths
Strong Focus on Quality Assurance.- Strategic Location Advantage.
- Customized and Flexible Product Offerings.
- Strong Client Relationships and Repeat Business.
Risks
- 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 derive a significant portion of the company revenue from sales to the company top 1, 5 and 10 customers. Any failure 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 failure 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.
- There may has been certain instances of irregularities, discrepancies and non-compliance with respect to filing of certain statutory forms with the Registrar of Companies as per the reporting requirements under the Companies Act, and its cannot assure you that no adverse action or penalty will be imposed by the regulatory authorities against the Company in this regard.
- Its Promoter has limited experience in the company line of business, which may adversely affect the company operations and growth prospects.
- The introduction of alternative packaging materials caused by changes in technology or consumer preferences may affect demand for its existing products, which may adversely affect the company financial results and business prospects.
- One of the company Promoter is a corporate entity, which may limit direct involvement and guidance in the company business operations and may affect its operations, business performance and growth prospects.
- The company majority of its revenue is concentrated in Gujarat and any adverse developments affecting the company operations in these regions could has a significant impact on its revenue.
- The company working capital loans are repayable on demand, and any withdrawal of such facilities may adversely affect its business operations.
- The company has entered into certain related party transactions and may continue to does so in the future, which may potentially involve conflicts of interest with the equity shareholders.
- Some of the KMPs are associated with the Company for less than one year and may has limited familiarity with its business operations and internal processes.
- The company has incurred indebtedness, and an inability to comply with repayment and other covenants in its financing agreements could adversely affect the company business and financial condition.
- There are instances of delays in filing of returns and payment of statutory dues by the Company. Any further delay in the said payments and filing of returns/dues may attract penalties from the respective government authorities and in turn may has a material adverse impact on the company financial condition and cash flows.
- A significant portion of the company revenue is derived from its Holding Company and The company has availed substantial financial support from its Managing Director, exposing It to risks of dependence, potential conflicts of interest and adverse changes in such arrangements.
- A significant increase in the company trading revenues relative to manufacturing revenues, driven by capacity constraints and business strategy, may adversely impact Its margins, increase dependence on third-party suppliers and affect utilization of the company manufacturing facilities.
- The company Promoter has been associated with companies that has been struck off, which may attract regulatory scrutiny or investor concerns.
- Its Promoters / Directors and certain other persons has provided personal guarantees to certain loan facilities availed by it, which if revoked may require alternative guarantees, repayment of amounts due or termination of the facilities.
- Material statutory clearances for the company proposed manufacturing facility are pending, and failure to obtain them may adversely affect its operations.
- Its Current order book may not necessarily translate into future income in its entirety. Some of current orders which the company has received may be modified, cancelled, delayed, put on hold or not fully paid for by customers, which could adversely affect its results of operations.
- The average cost of acquisition of Equity Shares by the company Promoters could be lower than the Issue price.
- The deployment of proceeds from the Issue may not be fully realizable as planned, which could affect our business and financial condition.
- The company revenues, growth and Profit after Tax may fluctuate and Its may not be able to sustain the company historical growth levels and profit after tax margins, which could adversely affect its business and results of operations.
- The Company has unsecured loans that may be recalled by the lenders at any time.
- The company insurance coverage does not adequately protect it against losses (including damages or loss caused to the Products), and successful claims against it that exceed the company insurance coverage could harm its results of operations and diminish the company financial position.
- The company face significant competition from various packaging companies which may lead to a reduction in its market share, which in turn may adversely affect the company business, results of operations, financial condition and cash flows.
- The company registered office and factory are located in Gujarat. Any adverse development affecting such region may has an adverse effect on its business, prospects, financial condition and results of operations.
- The company go down and Sales and admin office is taken on lease, and any non-renewal or termination of the lease may disrupt the company operations.
- The Company has experienced negative cash flow in the past and may continue to do so in the future, which could has a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
- The Company is dependent on third-party transportation providers for the delivery of its finished products and movement of raw materials and goods, any disruption in such services may adversely affect the company operations.
- Its business is dependent on the adequate and uninterrupted supply of electrical power and water at a reasonable cost. the Company does not has suitable power back-up to meet power failure exigencies.
- The company is yet to place orders for any of the components of the Proposed Capital Expenditure, any delay may result in extended project timelines, cost escalations, and potential disruptions to its planned expansion.
- The objects of the issue include funding working capital requirements of our Company, which are based on certain assumptions and estimates and such working capital requirements may not be indicative of the actual requirements of our Company.
- The company has not identified any alternate source of raising the funds. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance. Further in case of any delay in the completion of the issue, there would be a corresponding delay in implementation schedule.
- Its propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. The objects of the Issue for which the funds are being raised have not been appraised by any bank or financial institutions. Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval, which may restrict our ability to respond to any change in the company business or financial condition and thereby, may adversely affect its business and results of operations.
- Portion of its Issue Proceeds are proposed to be utilized for general corporate purposes which constitute up to of the Issue Proceeds. As on date the company has not identified the use of such funds.
- The company has not made any dividend payments in the past and its ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in the company financing arrangements.
- Industry information of the Company included in this Red Herring Prospectus has been derived from industry reports commissioned by it for such purpose. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- The Company has not entered into any long-term contracts with any of its customers and Its typically operate on the basis of purchase orders. Inability to maintain regular order flow would adversely impact the company revenues and profitability.
- Its may be unable to sufficiently obtain, maintain, protect, or enforce the company intellectual property and other proprietary rights.
- Its Promoter Company has not paid Self-Assessment Tax for AY 2025-26 and has not filed Income Tax Return for AY 2025- 26. Such failure may expose its Promoter Company to penal consequences under applicable tax laws, which may adversely affect its financial condition and consequently has an adverse impact on the Company.
- The company has required to obtain, renew or maintain statutory and regulatory permits, licenses and approvals to operate its business and the company manufacturing facility, and any delay or inability in obtaining, renewing or maintaining such permits, licenses and approvals could result in an adverse effect on its results of operations.
- Its may be unable to attract and retain employees with the requisite skills, expertise and experience, which would adversely affect the company operations, business growth and financial results.
- The company has not entered into any technical support service for the maintenance and smooth functioning of the company equipment's and chicaneries which may affect Its performance.
- The company regularly work with hazardous materials and activities in the company factory can be dangerous, which could cause injuries to people or property.
- The company inability to identify customer demand accurately and maintain an optimal level of inventory may impact the company operations, net sales, profitability, cash flow and liquidity adversely.
- The Company contingent liabilities and commitments, as disclosed in its Restated Financial Statements could adversely affect the company financial condition.
- If its are unable to collect the company receivables from its clients, the company results of operations and cash flows could be adversely affected.
- Its inability to successfully implement the company business and growth strategies may adversely affect its business, financial condition, results of operations and the market price of the company Equity Shares.
- Some of the company Directors does not has prior experience of being a Director of a Listed Company , which may result in challenges in complying with the regulatory, corporate governance and reporting requirements applicable to listed companies.
- Any failure in the company quality control processes may adversely affect Its business, results of operations and financial condition.
- Any conflict of interest which may occur between its business and any other similar business activities pursued by the company Promoters, Promoter Group entity and its Group Company could has a material adverse effect on its business and results of operations.
- Any future acquisitions, joint ventures, partnerships, strategic alliances, tie-ups or investments could fail to achieve expected synergies and may disrupt the company business and harm the results of operations and its financial condition.
- In addition to normal remuneration or benefits and reimbursement of expenses, some of its Directors and Promoters are interested in the Company.
- Its may not be successful in improving inadequacies in information and reporting systems which may has a material adverse effect on its business, financial condition, and results of operations.
- The company estimates and forward-looking statements may prove to be inaccurate.
- There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of the company Management and its Board of Directors, though it shall be monitored by the Audit Committee.
- If the company fail to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, the company financial risks.
- Delay or default in payment to its suppliers may adversely affect financial position of the Company.
- The company Business requires deployment of labour and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.
- Fraud, theft, employee negligence or similar incidents may adversely affect its results of operations and financial condition.
- Its Promoter will continue to retain majority shareholding in the Company after the proposed Initial Public Issue, which will allow them to exercise significant control over it.
- Sale of Equity Shares by its Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
- Limited or sporadic trading of specified securities of the Company on the Stock Exchange
- Any future issuance of Equity Shares, or convertible securities or other equity-linked securities by the Company may dilute your shareholdings and any sales of the Equity Shares by any major shareholders may adversely affect the trading price of its Equity Shares.
- Its cannot assure you that our Equity Shares will be listed on the Emerge Platform of NSE in a timely manner or at all, which may restrict your ability to dispose of the Equity Shares.
- The Equity Shares has never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop.
- The company operating results may fluctuate significantly and could fall below the expectations of securities analysts and investors due to various factors.
- There may be restrictions on daily/monthly movements in the price of its Equity Shares, which can adversely affect shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point of time.
- The investors may not be able to sell immediately on an Indian stock exchange any of the Equity Shares they acquire in the Issue, in case of delay in receipt of Listing and Trading approval.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
RFBL Flexi Pack Ltd Peer Comparison
Understand the company’s industry standing
RFBL Flexi Pack Limited
Uma Converter Limited
Sabar Flex India Limited
Face Value
10
10
10
Standalone / Consolidated
Standalone
Consolidated
Consolidated
Total Income Rs. Cr.
135.46
227.54
147.72
EPS-Basis
5.13
1.33
0.37
EPS-Diluted
5.13
1.33
0.28
NAV Per Share
11.08
37.06
17.71
P/E-Basic EPS
---
14.85
13.92
P/E-Diluted EPS
---
---
---
RONW(%)
60.18
3.66
2.12
Latest NAV Period
---
---
---
Latest NAV
---
---
---
How to check the allotment status of RFBL Flexi Pack Ltd IPO?
Follow the steps
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
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Enter details- PAN, Application number or DP client ID
Get your allotment status
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The IPO opens on 12 May 2026 & closes on 14 May 2026.
RFBL Flexi Pack Limited was incorporated as Private limited Company under the name 'Sabar Flexi Pack Private Limited', under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Pursuant to a special resolution of Shareholders, the name of the Company was changed to 'RFBL Flexi Pack Private Limited', and a fresh certificate of incorporation dated December 30, 2022 was issued to the Company by the Registrar of Companies, Ahmedabad. Subsequently, it was converted into a Public limited company and the name was changed to 'RFBL Flexi Pack Limited' dated July 28, 2023.
The Company is primarily engaged in manufacturing and trading of printed multilayer plastic packaging material such as plastic film rolls and pouches which are mainly used for packaging applications across various industries. Raw materials like Cast Polyethylene (CPE) films,
Cast Polypropylene (CPP) films, inks, and adhesives are used in production process. Company is also involved in the trading of CPE and
CPP films along with Woven Fabric packaging material. The factory is located at Dhandha, Himatnagar in Gujarat.
Company has filed a Draft Prospectus with SEBI and is planning the fresh issue of 70,70,000 equity shares of Rs 10 each through IPO.
RFBL Flexi Pack Ltd IPO will close on 14 May 2026.
- Strong Focus on Quality Assurance.
- Strategic Location Advantage.
- Customized and Flexible Product Offerings.
- Strong Client Relationships and Repeat Business.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Kunjit Maheshbhai Patel | --- | --- | --- | --- |
| 2 | Roopyaa Tradebizz Limited | 16250000 | 100 | 16250000 | 69.7 |
| 3 | Maheshbhai Patel | --- | --- | --- | --- |
| 4 | Kinnariben Maheshbhai Patel | --- | --- | --- | --- |
| 5 | Dhruti Kunjit Patel | --- | --- | --- | --- |
| 6 | Shaanav Kunjit Patel | --- | --- | --- | --- |
| 7 | Shaanvi Kunjit Patel | --- | --- | --- | --- |
| 8 | Bharatkumar Govindlal Joshi | --- | --- | --- | --- |
| 9 | Smitaben Bharatkumar Joshi | --- | --- | --- | --- |
| 10 | Khyatiben Umang Bhatt | --- | --- | --- | --- |
| 11 | LCC Infotech Limited | --- | --- | --- | --- |
| 12 | N Events Club Limited | --- | --- | --- | --- |
- 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 derive a significant portion of the company revenue from sales to the company top 1, 5 and 10 customers. Any failure 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 failure 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.
- There may has been certain instances of irregularities, discrepancies and non-compliance with respect to filing of certain statutory forms with the Registrar of Companies as per the reporting requirements under the Companies Act, and its cannot assure you that no adverse action or penalty will be imposed by the regulatory authorities against the Company in this regard.
- Its Promoter has limited experience in the company line of business, which may adversely affect the company operations and growth prospects.
- The introduction of alternative packaging materials caused by changes in technology or consumer preferences may affect demand for its existing products, which may adversely affect the company financial results and business prospects.
- One of the company Promoter is a corporate entity, which may limit direct involvement and guidance in the company business operations and may affect its operations, business performance and growth prospects.
- The company majority of its revenue is concentrated in Gujarat and any adverse developments affecting the company operations in these regions could has a significant impact on its revenue.
- The company working capital loans are repayable on demand, and any withdrawal of such facilities may adversely affect its business operations.
- The company has entered into certain related party transactions and may continue to does so in the future, which may potentially involve conflicts of interest with the equity shareholders.
- Some of the KMPs are associated with the Company for less than one year and may has limited familiarity with its business operations and internal processes.
- The company has incurred indebtedness, and an inability to comply with repayment and other covenants in its financing agreements could adversely affect the company business and financial condition.
- There are instances of delays in filing of returns and payment of statutory dues by the Company. Any further delay in the said payments and filing of returns/dues may attract penalties from the respective government authorities and in turn may has a material adverse impact on the company financial condition and cash flows.
- A significant portion of the company revenue is derived from its Holding Company and The company has availed substantial financial support from its Managing Director, exposing It to risks of dependence, potential conflicts of interest and adverse changes in such arrangements.
- A significant increase in the company trading revenues relative to manufacturing revenues, driven by capacity constraints and business strategy, may adversely impact Its margins, increase dependence on third-party suppliers and affect utilization of the company manufacturing facilities.
- The company Promoter has been associated with companies that has been struck off, which may attract regulatory scrutiny or investor concerns.
- Its Promoters / Directors and certain other persons has provided personal guarantees to certain loan facilities availed by it, which if revoked may require alternative guarantees, repayment of amounts due or termination of the facilities.
- Material statutory clearances for the company proposed manufacturing facility are pending, and failure to obtain them may adversely affect its operations.
- Its Current order book may not necessarily translate into future income in its entirety. Some of current orders which the company has received may be modified, cancelled, delayed, put on hold or not fully paid for by customers, which could adversely affect its results of operations.
- The average cost of acquisition of Equity Shares by the company Promoters could be lower than the Issue price.
- The deployment of proceeds from the Issue may not be fully realizable as planned, which could affect our business and financial condition.
- The company revenues, growth and Profit after Tax may fluctuate and Its may not be able to sustain the company historical growth levels and profit after tax margins, which could adversely affect its business and results of operations.
- The Company has unsecured loans that may be recalled by the lenders at any time.
- The company insurance coverage does not adequately protect it against losses (including damages or loss caused to the Products), and successful claims against it that exceed the company insurance coverage could harm its results of operations and diminish the company financial position.
- The company face significant competition from various packaging companies which may lead to a reduction in its market share, which in turn may adversely affect the company business, results of operations, financial condition and cash flows.
- The company registered office and factory are located in Gujarat. Any adverse development affecting such region may has an adverse effect on its business, prospects, financial condition and results of operations.
- The company go down and Sales and admin office is taken on lease, and any non-renewal or termination of the lease may disrupt the company operations.
- The Company has experienced negative cash flow in the past and may continue to do so in the future, which could has a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
- The Company is dependent on third-party transportation providers for the delivery of its finished products and movement of raw materials and goods, any disruption in such services may adversely affect the company operations.
- Its business is dependent on the adequate and uninterrupted supply of electrical power and water at a reasonable cost. the Company does not has suitable power back-up to meet power failure exigencies.
- The company is yet to place orders for any of the components of the Proposed Capital Expenditure, any delay may result in extended project timelines, cost escalations, and potential disruptions to its planned expansion.
- The objects of the issue include funding working capital requirements of our Company, which are based on certain assumptions and estimates and such working capital requirements may not be indicative of the actual requirements of our Company.
- The company has not identified any alternate source of raising the funds. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance. Further in case of any delay in the completion of the issue, there would be a corresponding delay in implementation schedule.
- Its propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. The objects of the Issue for which the funds are being raised have not been appraised by any bank or financial institutions. Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval, which may restrict our ability to respond to any change in the company business or financial condition and thereby, may adversely affect its business and results of operations.
- Portion of its Issue Proceeds are proposed to be utilized for general corporate purposes which constitute up to of the Issue Proceeds. As on date the company has not identified the use of such funds.
- The company has not made any dividend payments in the past and its ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in the company financing arrangements.
- Industry information of the Company included in this Red Herring Prospectus has been derived from industry reports commissioned by it for such purpose. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- The Company has not entered into any long-term contracts with any of its customers and Its typically operate on the basis of purchase orders. Inability to maintain regular order flow would adversely impact the company revenues and profitability.
- Its may be unable to sufficiently obtain, maintain, protect, or enforce the company intellectual property and other proprietary rights.
- Its Promoter Company has not paid Self-Assessment Tax for AY 2025-26 and has not filed Income Tax Return for AY 2025- 26. Such failure may expose its Promoter Company to penal consequences under applicable tax laws, which may adversely affect its financial condition and consequently has an adverse impact on the Company.
- The company has required to obtain, renew or maintain statutory and regulatory permits, licenses and approvals to operate its business and the company manufacturing facility, and any delay or inability in obtaining, renewing or maintaining such permits, licenses and approvals could result in an adverse effect on its results of operations.
- Its may be unable to attract and retain employees with the requisite skills, expertise and experience, which would adversely affect the company operations, business growth and financial results.
- The company has not entered into any technical support service for the maintenance and smooth functioning of the company equipment's and chicaneries which may affect Its performance.
- The company regularly work with hazardous materials and activities in the company factory can be dangerous, which could cause injuries to people or property.
- The company inability to identify customer demand accurately and maintain an optimal level of inventory may impact the company operations, net sales, profitability, cash flow and liquidity adversely.
- The Company contingent liabilities and commitments, as disclosed in its Restated Financial Statements could adversely affect the company financial condition.
- If its are unable to collect the company receivables from its clients, the company results of operations and cash flows could be adversely affected.
- Its inability to successfully implement the company business and growth strategies may adversely affect its business, financial condition, results of operations and the market price of the company Equity Shares.
- Some of the company Directors does not has prior experience of being a Director of a Listed Company , which may result in challenges in complying with the regulatory, corporate governance and reporting requirements applicable to listed companies.
- Any failure in the company quality control processes may adversely affect Its business, results of operations and financial condition.
- Any conflict of interest which may occur between its business and any other similar business activities pursued by the company Promoters, Promoter Group entity and its Group Company could has a material adverse effect on its business and results of operations.
- Any future acquisitions, joint ventures, partnerships, strategic alliances, tie-ups or investments could fail to achieve expected synergies and may disrupt the company business and harm the results of operations and its financial condition.
- In addition to normal remuneration or benefits and reimbursement of expenses, some of its Directors and Promoters are interested in the Company.
- Its may not be successful in improving inadequacies in information and reporting systems which may has a material adverse effect on its business, financial condition, and results of operations.
- The company estimates and forward-looking statements may prove to be inaccurate.
- There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of the company Management and its Board of Directors, though it shall be monitored by the Audit Committee.
- If the company fail to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, the company financial risks.
- Delay or default in payment to its suppliers may adversely affect financial position of the Company.
- The company Business requires deployment of labour and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.
- Fraud, theft, employee negligence or similar incidents may adversely affect its results of operations and financial condition.
- Its Promoter will continue to retain majority shareholding in the Company after the proposed Initial Public Issue, which will allow them to exercise significant control over it.
- Sale of Equity Shares by its Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.
- Limited or sporadic trading of specified securities of the Company on the Stock Exchange
- Any future issuance of Equity Shares, or convertible securities or other equity-linked securities by the Company may dilute your shareholdings and any sales of the Equity Shares by any major shareholders may adversely affect the trading price of its Equity Shares.
- Its cannot assure you that our Equity Shares will be listed on the Emerge Platform of NSE in a timely manner or at all, which may restrict your ability to dispose of the Equity Shares.
- The Equity Shares has never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop.
- The company operating results may fluctuate significantly and could fall below the expectations of securities analysts and investors due to various factors.
- There may be restrictions on daily/monthly movements in the price of its Equity Shares, which can adversely affect shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point of time.
- The investors may not be able to sell immediately on an Indian stock exchange any of the Equity Shares they acquire in the Issue, in case of delay in receipt of Listing and Trading approval.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
The Issue type of RFBL Flexi Pack Ltd is Book Building - SME.
The minimum application for shares of RFBL Flexi Pack Ltd is 6000.
The total shares issue of RFBL Flexi Pack Ltd is 7065000.
Initial public offer of upto 70,65,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of RFBL Flexi Pack Limited ("The Company" or The"Issuer") for cash at a price of Rs. 47-50 per equity share (the "Issue Price"), including a premium of Rs.37-40 per equity share, aggregating upto Rs. 33.21-35.33 Crores ("The Issue"), comprising a fresh issue of upto 70,65,000 equity shares of face value of Rs. 10/- each. The 3,54,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 47-50 each aggregating Rs. 1.66-1.77 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of upto 67,11,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 47-50 per equity share aggregating to Rs. 31.54-33.56 Crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 30.30% and 28.78% respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 47/- to Rs. 50/- per equity share of face value of Rs. 10 each.
The floor price is 4.70 times the face value of the equity shares and the cap price is 5 times the face value of the equity shares.
Bids can be made for a minimum of 6000 equity shares and in multiples of 3000 equity shares thereafter.