Barflex Polyfilms Limited was originally incorporated as Hitkari Polyfilms Private Limited on January 24, 2005 with the Registrar of Companies, NCT of Delhi & Haryana. The company’s name was changed to Barflex Polyfilms Private Limited on June 30, 2005, and later converted into a public limited company under the name Barflex Polyfilms Limited, with a fresh Certificate of Incorporation issued on February 22, 2024 by the Ministry of Corporate Affairs.

The company expanded its manufacturing capabilities over the years. In 2008, it set up Unit-II with an installed capacity of 950 MT per annum for PVC shrink sleeves. Subsequently, an additional facility in Solan, Himachal Pradesh was established to manufacture PVC stretch and plastic films and pouches with a capacity of 865 MT per annum. In 2010, a plant was commissioned at C-44, Noida, Phase-II (Uttar Pradesh) for flexible packaging products. By 2011-12, the installed capacity of Unit-II was enhanced to manufacture pouches, plastic films, laminates, and PVC shrink sleeves to 3,000 MT per annum.

Barflex Polyfilms specializes in the manufacturing of COEX films, laminates, and labels, producing flexible packaging materials for industries such as FMCG, processed foods, adhesives, engineering, pharmaceuticals, cosmetics, and construction. The company’s current product portfolio includes 3-layer and 5-layer poly films, laminates, vacuum pouches, 5-layer bulk liners, and PVC shrink labels.

The company launched its IPO in January 2025, issuing an aggregate of 65.68 lakh equity shares of face value ₹10 each, raising ₹39.40 crore. The IPO comprised a fresh issue of 20.52 lakh shares aggregating to ₹12.31 crore and an offer for sale of 45.16 lakh shares aggregating to ₹27.09 crore.