RFBL Flexi Pack IPO, May 15 -- The initial public offer (IPO) of RFBL Flexi Pack is likely to finalise the allotment following the closure of the offer. RFBL Flexi Pack IPO allotment date is fixed as Friday, 15 May.

The offer received a decent response from investors, while the company's shares also saw some traction in the grey market after remaining lacklustre in the initial days of the offer period.

As of the final day of the subscription on 14 May, the SME IPO was booked 21.48 times, with the qualified institutional buyer (QIB) segment booked the most at 124.39 times. Meanwhile, the retail quota was subscribed 11.36 times, and the non-institutional investor (NII) portion received 24.12 times bids.

The offer had opened for bidding o...