3B Films IPO Closes Today: Check Subscription Status, GMP Today
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The current GMP of the 3B Films IPO is zero, signalling zero or negative listing returns for investors as of now.
3B Films IPO Day 3: The initial public offering of 3B Films Ltd is going to be concluded at 5 pm today, Tuesday, June 3. The IPO has received a muted response so far. Till 10:14 am on the final day of bidding on Tuesday, the Rs 33.75-crore BSE SME IPO received a 1.40 times subscription, garnering bids for 90,00,000 shares as against 64,08,001 shares on offer.
The retail and NII participation stood at 2.03 times and 0.78 times, respectively.
Gujarat-based 3B Films manufactures and supplies cast polypropylene (CPP) and cast polyethylene (CPE) films.
The three-day IPO was opened on Friday, May 30. It received a 0.86 times subscription on the first day of bidding on Friday and a 1.34 times subscription on the second day of bidding.
3B Films IPO Price
The price has been fixed in the range of Rs 50 apiece.
3B Films IPO GMP Today
According to market observers, the current GMP of the 3B Films IPO is zero, signalling zero or negative listing returns for investors as of now. Unlisted shares of 3B Films Ltd are trading at Rs 50 apiece in the grey market, which is the same as the IPO price of Rs 50.
The shares of 3B Films Ltd will be listed on the BSE's SME platform on Friday, June 6.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
The minimum lot size for an application is 3,000. The minimum amount of investment required by retail investors is Rs 1,50,000. The bidding can be done in multiple of 3,000.
The company is planning to raise Rs 33.75 crore through a fresh issue of 3.54 million equity shares and an offer-for-sale (OFS) of 3.19 million shares.
The SME IPO will close for subscription on Tuesday, June 3, 2025.
The basis of the allotment of shares is expected to be finalised on Wednesday, June 4, 2025.
Maashitla Securities is the registrar of the issue. Nirbhay Capital Services is the sole book-running lead manager for the issue.
According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use Rs 4.43 crore for capital expenditure, Rs 7.15 crore for working capital requirements and Rs 4.43 crore for general corporate purposes.
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