RFBL Flexi Pack IPO Subscription Day 1 Report — 12 May 2026 | GMP & Status IPOCloud BlogIndia's IPO Intelligence RFBL Flexi Pack IPO Subscription Day 1 Report — 12 May 2026 | GMP & Status IPOCloud BlogIndia's IPO Intelligence
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IPO Subscription Report 12 May 2026 3 min read IPOCloud Research

RFBL Flexi Pack IPO Subscription Day 1 Report — 12 May 2026 | GMP & Status

RFBL Flexi Pack Ltd IPO opened today on 12 May 2026 on NSE SME. Check Day 1 subscription status, GMP of ₹8, 69% revenue growth credentials, category-wise data and expert analysis before Day 2.
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📦 RFBL Flexi Pack IPO Subscription Day 1 Report — 12 May 2026

The RFBL Flexi Pack IPO opened for subscription today on 12 May 2026 on the NSE SME platform. The issue closes on 14 May 2026, with allotment on 15 May 2026 and listing on 19 May 2026. This Gujarat-based flexible packaging manufacturer is raising ₹35.33 crore entirely via a fresh issue at a price band of ₹47–₹50 per share.

📊 Day 1 Subscription Status — Category Wise

Overall Subscription: Day 1 figures for RFBL Flexi Pack IPO subscription status are in early stage. Initial data is just beginning to trickle in as the bidding window opened today morning.

Retail (RII) Category: Retail bids for RFBL Flexi Pack IPO are being recorded. Retail investors have a higher allotment probability on Day 1 as the issue is currently undersubscribed.

NII / HNI Category: Initial NII participation is being recorded. Large HNIs typically wait until Day 2 or Day 3 before placing significant bids in SME IPOs.

QIB Category: No meaningful QIB activity expected on Day 1 for RFBL Flexi Pack IPO. Institutional investors generally bid on the final day of subscription.

IPOCloud Day 1 Assessment: Day 1 subscription numbers are still early. Investors should track live data on IPOCloud RFBL Flexi Pack subscription tracker and wait for Day 3 for a complete picture before making decisions.

📈 RFBL Flexi Pack IPO GMP Today — 12 May 2026

The RFBL Flexi Pack IPO GMP today stands at ₹8, indicating an expected listing price of around ₹58 — approximately 16% above the upper price band of ₹50. Grey market sentiment is positive ahead of listing on 19 May 2026.

Track live RFBL Flexi Pack IPO GMP updates on IPOCloud for the latest grey market premium movement day by day.

🏭 Company Overview — RFBL Flexi Pack Ltd

RFBL Flexi Pack Limited was incorporated in July 2005 and is headquartered at Himatnagar, Sabarkantha, Gujarat — strategically located near the Rajasthan-Gujarat border for efficient logistics across western and northern India. The company holds ISO 9001:2015 certification for its manufacturing operations.

The company follows a B2B business model — manufacturing and trading printed multilayer flexible packaging materials including plastic film rolls, laminated pouches, woven fabric packaging, and polyester laminated films. Its clients span food & beverage, pharmaceutical, agriculture, FMCG, and home care industries.

📋 IPO Key Details

Exchange: NSE SME

Issue Size: ₹35.33 Crore (Fresh Issue Only, No OFS)

Price Band: ₹47 – ₹50 per share

Lot Size: 3,000 shares | Min. Investment: ₹3,00,000 (2 lots)

Open Date: 12 May 2026 | Close Date: 14 May 2026

Allotment Date: 15 May 2026

Listing Date: 19 May 2026

Registrar: KFin Technologies Ltd.

Lead Manager: Grow House Wealth Management

💰 Financials — FY25 Performance

Revenue from Operations: ₹135.46 Crore (FY25) vs ₹79.96 Crore (FY24) — 69% growth

Profit After Tax (PAT): ₹8.33 Crore (FY25) vs ₹5.79 Crore (FY24)

P/E Ratio: 9.74x (attractively priced vs industry)

IPO Proceeds Use: ₹35 Crore towards debt repayment / prepayment of borrowings

✅ Should You Apply?

The RFBL Flexi Pack IPO comes with strong revenue growth of 69% YoY in FY25 and improving profitability. The issue is fairly priced at a P/E of 9.74x. However, investors should note that manufacturing capacity utilisation is currently at 52%, and the company plans to add further capacity — a point worth monitoring. GMP of ₹8 signals moderate grey market confidence. Investors with a medium-term horizon may consider applying. Check live subscription status on IPOCloud before Day 3 close.

Disclaimer: This is not investment advice. Please read the RHP carefully and consult your financial advisor before investing. Grey market premium (GMP) is unofficial and unregulated.

Disclaimer: This article is for educational and informational purposes only. IPOCloud is not a SEBI-registered investment advisor. Nothing on this page constitutes investment advice. Please read all offer documents and consult a qualified financial advisor before investing in any IPO.
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