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Source: Free Press Journal
RFBL Flexi Pack Limited, a key player in the flexible packaging industry, is set to open its Initial Public Offering (IPO) from May 12 to May 14, 2026. The move is aimed at raising fresh capital to enhance its operational capacity in Gujarat. This strategic step is anticipated to bolster the company's position in the market significantly.
The IPO will offer up to 70,65,000 equity shares with a price band fixed between ₹47 and ₹50 per share. With the aim of listing on the National Stock Exchange Emerge platform, the initiative underscores RFBL Flexi Pack's strategic expansion plans.
According to Kunjit Maheshbhai Patel, Managing Director of RFBL Flexi Pack, the IPO represents a crucial milestone in the company's growth agenda. The funds will facilitate the setup of a cutting-edge manufacturing facility and enable increased production capabilities, thus solidifying the company's foothold in the packaging sector.
(With inputs from agencies.)
Source: Devdiscourse
Source: Free Press Journal
Source: The Economic Times
Source: Free Press Journal