Flexible Packaging - Listed on 19 May 2026
RFBL Flexi Pack (Flexible Packaging) closed its IPO window in 2026 and listed on NSE and BSE on 19 May 2026 at an upper band issue price of Rs 50, opening at Rs 52.5 for a listing gain of +5.0% and closing day one at Rs 55.1 (+10.2% on closing basis). The IPO was subscribed 21.52x overall - QIB 124.39x, HNI/NII 24.29x, Retail 11.34x. The total issue size was Rs 35.33 Cr (Fresh Issue Rs 35.33 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Flexible Packaging
RFBL Flexi Pack operates in the Flexible Packaging space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The RFBL Flexi Pack issue was offered at an upper price of Rs 50 and raised approximately Rs 35.33 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | 0.00% |
| Day 5 | Rs 0 | 0.00% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the RFBL Flexi Pack IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
RFBL Flexi Pack IPO listed at +5.0% versus the upper issue price of Rs 50 on 19 May 2026.
RFBL Flexi Pack IPO was subscribed 21.52x overall. QIB portion was subscribed 124.39x, HNI / NII 24.29x and Retail 11.34x.
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.