Barflex Polyfilms Limited was originally incorporated as ‘Hitkari Polyfilms Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, NCT of Delhi & Haryana on January 24, 2005. Subsequently, the name of the company changed from ‘Hitkari Polyfilms Private Limited’ to ‘Barflex Polyfilms Private Limited’ on June 30, 2005 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Delhi and Haryana. Pursuant to Special Resolution of its Shareholders passed in the Extraordinary General Meeting held on December 26, 2023 the company was converted from a private limited company to a public limited company and consequently the name of the company was changed to ‘Barflex Polyfilms Limited’, and a fresh certificate of incorporation dated February 22, 2024 was issued to the company by the Ministry of Corporate Affairs, Central Registration Centre.
The company is engaged in manufacturing of COEX films, laminates and labels. it manufactures flexible packaging material suitable for packaging products in FMCG industry, processed foods, adhesive, engineering, pharmaceutical industry, cosmetics, construction industry and others. Its major customers are known brands in their respective sector as well as in the domestic market. It manufactures 3-layer poly films, 5-layer poly films, laminates, vacuum pouches, 5-layer bulk liners and PVC shrink labels. It is planning to start manufacturing 7-layer films as well, post expansion. This will help it to become preferred vendor in packaging material, for its customers.
Business area of the company
The company is engaged in manufacturing of flexible packaging material like barrier COEX films, laminates and PVC (poly vinyl chloride) labels which is multi-functional and caters to the packaging requirements of various industries.
Products of the company
COEX films
- 3-layer films
- 5-layer barrier films
- 5-layer pouches
Flexible printed laminates
- 2 ply laminates
- 3 ply laminates
- 4 ply laminates
Laminate pouches
BOPP labels
PVC shrink label
History and milestones
- 2005 - 2006: Incorporated as ‘Hitkari Polyfilms Private Limited’ on January 24, 2005.
- 2005 - 2006: Change in name from ‘Hitkari Polyfilms Private Limited’ to ‘Barflex Polyfilms Private Limited’ on June 30, 2005 consequent to order received from High Court, New Delhi dated May 31, 2005, informing that M/s Hitkari Potteries Limited has received stay order from High Court preventing the Company from using ‘HITKARI’ as a prefix or suffix in conjunction with another word.
- 2005 - 2006: Commenced commercial production of co-extruded multilayer plastic film with effect from October 03, 2005 and pouches made of co-extruded multilayer plastic film with effect from November 26, 2005, at its Unit -I with installed capacity of 2400 MT per annum.
- 2008 - 2009: Commenced commercial production of PVC shrink sleeves with effect from April 24, 2008 at its Unit -II with installed capacity of 950 MT per annum.
- 2008 - 2009: Commenced commercial production of PVC stretch and plastic films and pouches with effect from October 22, 2008 at its Unit -III with installed capacity of 865 MT per annum.
- 2010: Entered into share subscription cum shareholders agreement with AA Development Capital India Fund 1, LLC (Investor) on December 06, 2010 for initial investment amount of Rs 3500 lakhs and allotted 94,57,000 Equity Shares of the company aggregating to 41.67% stake in the company.
- 2010: Set up a plant at C-44, Noida, Phase-II (Uttar Pradesh) to manufacture flexible packaging products.
- 2011 - 2012: Revised the capacity of Unit-II with additional products manufacturing: (a) Pouches with effect from December 15, 2011; and (b) Plastic film with effect from March 31, 2012; and (c) Laminates with effect from April 5, 2012 thus, revising the total capacity of Unit-II to 3000 MT per annum.
- 2017: The company entered into One Time Settlement (OTS) with lender State Bank of India.
- 2017: Registered the trademark of Company known by ‘BARFLEX’ in class 17 for ‘plastic films, sheets, pouches and laminates’ on January 15, 2017 which is valid upto September 15, 2030.
- 2018: Proceedings initiated against the Promoters of the company which was settled between the parties through settlement deed dated July 24, 2018.
- 2021: Procured ISO certification 9001:2015 dated May 24, 2021 for manufacturing and supply of co-extruded multi-layer plastic films, laminates, pouches and PVC sleeves, in the name of ‘Barflex Polyfilms Private Limited’.
- 2022: Procured ISO certification 22000:2018 dated September 13, 2022 for manufacturing and supply of co-extruded multi-layer plastic films, laminates, pouches and PVC sleeves (in category-I), in the name of ‘Barflex Polyfilms Private Limited’.
- 2024: Conversion of private limited company into public limited company in the name and style of ‘Barflex Polyfilms Limited’ and received new Certificate of Incorporation dated February 22, 2024,
- 2024: Closure of its corporate office located at UGF, A-1, Sector 10, Noida-201301 on account of administrative convenience.
