The shares of Flexituff International debut on the National Stock Exchange above the issue price of 155 a share on the first day, at Rs 156.90.

The shares of the company were trading at Rs 156.50, which is about 1 per cent over issue price. The shares have already touched a high of Rs 157.95 in early trade.

Meanwhile the company's share were also trading at Rs 156.25, a premium of 0.80% as against its issue price of Rs 155 on the Bombay Stock Exchange (BSE). After getting listed at Rs 155 on the BSE, the shares have hit a high of Rs 157 and a low of Rs 151.

Flexituff International produces FIBC, geo-textile fabric and ground cover, reverse printed BOPP woven bags and special PP bags including leno bags. The company operates three manufacturing units located in Pithampur
(M. P.) and Kashipur (Uttrakhand).

Flexituff also runs a recycling and reprocessing plant at Kandla that recovers polypropylene and produce various compounds of plastics. Flexituff's subsidiary, Lakshmi Incorporated, U. S. A is into manufacturing reclosable extruded zipper profile that are used in as a secondary closure for bags with various weight capacities.