RFBL Flexi Pack Ltd, a Gujarat-based manufacturer and trader of printed multilayer flexible packaging materials, has announced the price band for its upcoming initial public offering (IPO).
The company plans to raise ₹35.32 crore through a fresh issue of equity shares, with the public subscription scheduled to open on 12 May 2026. The IPO will be listed on the NSE SME platform and includes participation from anchor investors ahead of the public issue.
The company has fixed the IPO price band at ₹47 to ₹50 per equity share with a face value of ₹10 each.
The public issue comprises a fresh issue of up to 70.65 lakh equity shares and aims to raise approximately ₹35.32 crore at the upper end of the price band.
The IPO will open for public subscription on Tuesday, 12 May 2026, and conclude on Thursday, 14 May 2026.
Prior to the public issue, the anchor investor bidding process is scheduled to take place on Monday, 11 May 2026.
The company’s shares are proposed to be listed on the NSE SME platform, which caters to small and medium-sized enterprises seeking access to public capital markets.
According to the offer document, RFBL Flexi Pack intends to utilise a significant portion of the proceeds towards debt reduction.
Around ₹35 crore from the issue proceeds will be used for repayment or prepayment of certain borrowings availed by the company. The remaining amount is expected to be allocated towards general corporate purposes and issue-related expenses.
RFBL Flexi Pack operates in the flexible packaging materials segment and is involved in the manufacturing and trading of printed multilayer packaging products.
Flexible packaging materials are widely used across industries such as food and beverages, consumer goods, pharmaceuticals and industrial products for packaging and storage purposes.
The company’s proposed listing comes amid continued activity in the SME IPO segment, where manufacturing and industrial businesses have increasingly sought capital through public markets.
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RFBL Flexi Pack’s upcoming IPO marks the company’s entry into the public market through the NSE SME platform. With the proceeds primarily earmarked for debt repayment and operational purposes, the issue represents a funding step for the packaging materials manufacturer as it prepares for listing in May 2026.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: May 11, 2026, 10:14 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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