RFBL Flexi Pack

Book Building issueSMENSE₹35.33 Cr issue
+5.00%
Listing gain over issue price
Price band
₹47 – ₹50
Issue size
₹35.33 Cr
1 lot at cut-off
₹1,50,000
Lot size
3,000shares
Open
12 May 2026
Close
14 May 2026
Allotment
15 May 2026
Listing
19 May 2026

Listing performance

Issue price
₹50
Listed at
₹52.5
Listing-day close
₹55.1
Latest price
₹96.2
Listing gain
+5.00%
Return since listing
+92.40%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    12 May 2026
  2. Close
    14 May 2026
  3. Allotment
    15 May 2026
  4. Refund
    18 May 2026
  5. Demat credit
    18 May 2026
  6. Listing
    19 May 2026

Grey market premium

Unofficial and indicative — not a forecast

₹1.5

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
19 May 2026₹1.5+3.00%₹3,400₹51.5₹4,500
18 May 2026₹1.5+3.00%₹3,400₹51.5₹4,500
17 May 2026₹00.00%₹0₹50₹0

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
12 May 2026 – 14 May 2026
Listing date
19 May 2026
Face value
₹10 per share
Price band
₹47 – ₹50
Issue price
₹50 per share
Lot size
3,000 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹35.33 Cr
Market cap at offer price
₹117 Cr
Promoter holding
100.00% → 69.70% pre-issue → post-issue
ISIN
INE0V2V01015
Registrar
Kfin Technologies Ltd.
Lead managers
Grow House Wealth Management Pvt.Ltd.
Registered office
Survey No 32, Plot No 15, Behind Marutinandan Temple Dhandha, Sabarkantha, Gujarat

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB0
Market maker 3,54,000

Application size

Minimum 3,000 shares per lot, in multiples, at ₹50

ApplicationLotsSharesAmount
Retail (min)13,000₹1,50,000
S-HNI (min)26,000₹3,00,000
S-HNI (max)618,000₹9,00,000
B-HNI (min)721,000₹10,50,000

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
0
Anchor portion
₹0 Cr
at ₹50 per share

Valuation and performance

Valuation at offer price

₹50 per share

MetricPre-issuePost-issue
EPS (₹)5.133.29
P/E (×)9.7515.20
Price to book (×)4.51
Market cap₹117 Cr

Key performance indicators

Latest reported period

Return on net worth
60.18%
ROCE
32.70%
Debt / equity
1.05
PAT margin
6.15%
EBITDA margin
9.28%
NAV per share
₹11.08
Price to book
4.51

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.