Gujarat-Based Packaging Company IPO to Open Soon; Price Band Fixed at Rs 47-50

RFBL Flexi Pack Limited, a Gujarat-based company engaged in the manufacturing and trading of printed multilayer flexible packaging materials, has announced the price band for its upcoming initial public offering. The company has fixed the price band at Rs 47-Rs 50 per equity share for the IPO, which will open for subscription on Tuesday, May 12, 2026, and close on Thursday, May 14, 2026. The anchor investor bidding will open on Monday, May 11, 2026.

The IPO is proposed to be listed on the NSE SME platform. Grow House Wealth Management Pvt. Ltd. is the Book Running Lead Manager to the issue, while Kfin Technologies Ltd is the registrar. The issue comprises a fresh issue of up to 70,65,000 equity shares of face value Rs 10 each through the book-building process.

RFBL Flexi Pack plans to utilise Rs 35 crore from the IPO proceeds for repayment or prepayment, in full or in part, of certain borrowings availed by the company. The remaining funds will be used for general corporate purposes and issue-related expenses.

The company manufactures and trades printed multilayer flexible packaging materials such as plastic film rolls and pouches. These products are used across industries including food, pharmaceuticals, home care and consumer goods. Operating under a B2B model, RFBL Flexi Pack provides customised packaging solutions designed to offer durability, moisture resistance and improved barrier properties for different packaging applications.

The company operates its manufacturing facility and registered office from Himatnagar in Sabarkantha, Gujarat. The facility is located near the Rajasthan-Gujarat border, which supports Logistics and market access across western and northern India. Apart from plastic film rolls and pouches, the company also deals in woven fabric packaging materials, polyester laminated films and other specialty films. Its manufacturing operations are supported by advanced production processes and ISO 9001:2015 certification standards.

RFBL Flexi Pack has reported strong financial growth over the last three fiscals. Its revenue from operations rose to Rs 135.46 crore in FY25 from Rs 79.96 crore in FY24. Profit After Tax increased to Rs 8.33 crore in FY25 from Rs 5.79 crore in the previous year. The growth reflects the company’s expanding scale, improving operational efficiency and stronger presence in the flexible packaging segment.

Established in 2005, RFBL Flexi Pack serves industries such as food and beverage, pharmaceuticals, agriculture, home care and consumer goods. The company continues to focus on customised packaging solutions, product protection, shelf appeal, operational efficiency and sustainable packaging solutions.

Disclaimer: The article is for informational purposes only and not investment advice.