RFBL Flexi Pack came to market through an SME IPO that opened on 12 May 2026 and closed on 14 May 2026, and the shares listed on 19 May 2026 on NSE SME. The price band was ₹47 to ₹50 per share and one lot was 3000 shares, so the minimum application was ₹1,50,000. The issue size was ₹35.33 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Ltd was the registrar to the issue, and Grow House Wealth Management Pvt.Ltd was the lead manager.
As of 14 May 2026.
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Incorporated in July 2005, RFBL Flexi Pack Ltd. is involved in the manufacture and trade of printed multilayer flexible packaging materials such as plastic film rolls and pouches for their use as packing materials in different industries.The company offers an extensive variety of customized products such as plastic film rolls and pouches that cater to the changing requirements of different industries like food, pharmaceuticals, and home care industries.
Other services provided by the company include trading in Woven Fabric Packaging Material, Polyester Laminated and other films.Operating under a B2B model, RFBL caters to customers who need high quality and customised packaging material solutions. The company is specialized in producing multilayer plastic films through manufacturing processes. Using highly efficient material such as BOPP, CPP and laminated films, the company ensures high-quality packaging solutions which have high durability, moisture proof characteristics and safe packaging of products.
RFBL has a combination of manufacturing and trading capabilities that make it able to cater to its clients effectively.The company's manufacturing facilities are located at Himatnagar, Gujarat. The number of employees working with the company as of November 30, 2025, was 6.
As described in the offer document.
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Kunjit Maheshbhai Patel, Roopyaa Tradebizz Limited. Promoter holding 100% before the issue and 69.70% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
RFBL Flexi Pack IPO was a ₹35.33 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹47–₹50 per share with a lot size of 3,000 shares; the minimum retail application was 6,000 shares (₹3,00,000). The IPO was open from May 12 to May 14, 2026 and was subscribed 21.52x. Shares listed on NSE SME on May 19, 2026 at ₹52.50, a 5.0% premium to the issue price of ₹50. Kfin Technologies Ltd. is the registrar.
Grow House Wealth Management Pvt. Ltd. is the book running lead manager.
The price band of RFBL Flexi Pack IPO is ₹47 to ₹50 per share.
The lot size of RFBL Flexi Pack IPO is 3000 shares.
The minimum investment for RFBL Flexi Pack IPO is approximately ₹3,00,000 based on the upper price band.
The allotment date of RFBL Flexi Pack IPO is May 15, 2026.
You can check RFBL Flexi Pack IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the RFBL Flexi Pack IPO allotment status on Rupix for quick and easy access.
₹47 to ₹50 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 3000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,50,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,50,000, for one lot of 3000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 12 May 2026 and closed on 14 May 2026.
The basis of allotment was published on 15 May 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 19 May 2026 on NSE SME.
The issue size was ₹35.33 crore. The fresh issue was 70,65,000 shares (aggregating up to ₹35.33 crore).