Upcoming IPO: 3B Films IPO opens on May 30; issue price band set at ₹50 apiece; check GMP
Upcoming IPO: 3B Films IPO will open for subscription on Friday, May 30 and close on Tuesday, June 3. 3B Films IPO price band has been fixed at ₹ 50 per equity share of face value of ₹ 10 each. Bids can be made for a minimum of 3,000 equity shares and in multiples of 3,000 equity shares thereafter.
Founded in 2014, 3B Films Limited is a company based in Vadodara, Gujarat, that specializes in producing and supplying Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films intended for packaging and thermoforming uses.
The offerings of the company feature transparent, metalised, white opaque, retort, anti-fog, easy-peel, and EVOH films. Equipped with state-of-the-art facilities and a focus on research and development, it stands out in the specialty films sector by providing innovative packaging solutions globally.
As a member of the 3B Group, the company prioritizes ongoing research and development to create specialty products. They cater to a range of industries, especially in food packaging, and have successfully expanded their exports to regions such as Dubai, Nepal, Sri Lanka, and many African countries.
After achieving early success, the company acquired new imported machinery, which allowed them to double their production capacity to 750 MT per month (9,000 MT annually). The addition of an MDO unit further broadened their product offerings.
As of December 2024, the company generated operational revenue of ₹ 5,679.94 Lakhs, an EBITDA of ₹ 1,196.36 Lakhs, and a profit after tax of ₹ 420.19 Lakhs.
3B Films IPO consists of a fresh issue of 35,52,000 equity shares, aggregating to ₹ 17.76 crore, and an offer for sale (OFS) of 31,98,000 equity shares aggregating up to ₹ 15.99 crore.
The funds raised from the IPO will be allocated for Capital Expenditure, to support working capital needs, and for general corporate objectives. The subscription period will end on June 3rd, 2025.
Nirbhay Capital Services Private Limited will act as the Lead Manager for the Offer, while Maashitla Securities Private Limited will serve as the registrar for the offer.
Ashokbhai Dhanjibhai Babariya, the Chairman and Managing Director of 3B Films Limited, stated that the funds generated from the IPO will be utilised for capital expenses related to our expansion through forward integration, to ensure we have working capital to support our operational growth, and for general corporate purposes. With an established facility in Vadodara and a strong emphasis on recyclable and sustainable film solutions, we are in line with the evolving expectations of the industry regarding both performance and environmental responsibility.
3B Films IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 50 with no premium or discount in the grey market according to investorgain.com.
'Grey market premium' indicates investors' readiness to pay more than the issue price.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
11 hours ago
- Business Standard
KPI Green gains after arm inks three strategic MoUs with Delta Electronics
KPI Green Energy rose 2.21% to Rs 514.35 after its parent company, KP Group, signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics to bolster India's clean energy ecosystem. The collaboration focuses on battery energy storage systems (BESS), green hydrogen, EV charging infrastructure, and a 1 GW solar inverter supply. The first MoU centers on the development of scalable BESS projects. KP Group will lead project development and site integration, while Delta will provide critical components such as inverters and energy management systems. The partnership aims to deliver energy storage projects across India and explore global markets. The second MoU targets the green mobility sector. KP Group will establish green hydrogen production units powered by renewable energy, while Delta will supply hydrogen compression and EV charging technologies. The two firms will jointly develop hydrogen refueling and EV charging stations pan-India, with Delta offering AC and DC fast chargers, along with monitoring and billing platforms. Under the third MoU, Delta will supply nearly 1 GW of solar PV inverters over the next year for KP Groups upcoming solar projects. These inverters will support standalone and hybrid (solar + storage) systems with features like high efficiency, remote diagnostics, and grid support functionalities. The companies will also collaborate on post-installation services, including training, preventive maintenance, and spare part supply. Joint workshops are planned to ensure KP Group stays aligned with Deltas latest technological advancements. Niranjan Nayak, MD, Delta Electronics India, said, Our collaboration with KP Group is a bold step toward building a cleaner, smarter mobility ecosystem. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. Faruk Patel, CMD, KP Group, added, This partnership goes beyond product supplywere co-creating innovative solutions for Indias energy independence. Whether solar, storage, or hydrogen, we aim to shape a cleaner, more sustainable tomorrow. KPI Green Energy develops, builds, owns, operates, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name of 'Solarism.' The company's consolidated net profit surged 142% to Rs 104.18 crore on 97% rise in total income to Rs 577.80 crore in Q4 FY25 over Q4 FY24.
Mint
12 hours ago
- Mint
3B Films share price freezes at 5% lower circuit post stock market debut
3B Films share price were locked at the 5% lower circuit at ₹ 46.08 on the BSE SME on Friday. 3B Films share price made a weak debut on BSE SME today. 3B Films share price today opened at ₹ 48.50, which is 3% lower than the issue price of ₹ 50. The initial public offering (IPO) of 3B Films had a subscription period that ran from Friday, May 30, until Tuesday, June 3. With a face value of ₹ 10, shares in the 3B Films IPO are priced at ₹ 50. At least 3,000 of those shares are up for bid, and there are multiples of those shares available. 3B Films IPO subscription status was 1.80 times on the last day of bidding. Founded in 2014, 3B Films Limited is situated in Vadodara, Gujarat, and specializes in the production and supply of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films for packaging and thermoforming applications. The company's product lineup features a variety of films, including transparent, metalized, white opaque, retort, anti-fog, easy-peel, and EVOH films. Leveraging advanced facilities and a strong focus on research and development, 3B Films sets itself apart in the specialty films market by delivering innovative packaging solutions on a global scale. As part of the 3B Group, the company prioritizes ongoing research and development to create specialized products for various industries, especially in food packaging. They have successfully expanded their export footprint to regions such as Dubai, Nepal, Sri Lanka, and several African countries. Following initial successes, the company invested in new imported machinery, which allowed them to double their production capacity to 750 MT per month, or 9,000 MT annually. Additionally, the company's installation of an MDO unit has further enhanced their product offerings. By December 2024, 3B Films reported an operational revenue of ₹ 5,679.94 Lakhs, an EBITDA of ₹ 1,196.36 Lakhs, and a profit after tax of ₹ 420.19 Lakhs, demonstrating solid financial performance and growth within the industry.
&w=3840&q=100)
Business Standard
14 hours ago
- Business Standard
3B Films stock lists at 3% discount on BSE SME, misses GMP estimates
3B Films listing today: Shares of 3B Films made a negative stock market debut on the BSE SME platform on Friday, June 6, 2025. The company's stock listed at ₹48.5 per share, down 3 per cent from the issue price of ₹50 per share. The listing price of 3B Films was below grey market estimates. Ahead of the listing, unlisted shares of 3B Films were trading flat at ₹50 in the grey market, according to sources tracking unofficial markets. Post listing, the stock further slipped to ₹46.08, down 5 per cent from the listing price and 7.8 per cent from the issue price. 3B Films IPO details 3B Films plans to raise ₹33.75 crore through a fresh issue of 3.54 million equity shares aggregating to ₹17.76 crore and offer for sale (OFS) of 3.19 million shares aggregating to ₹15.99 crore. 3B Films offered at a price of ₹50 with a lot size of 3,000 shares, received bids for 1,18,92,000 shares against the 67,50,000 shares offered, resulting in an oversubscription of 1.76 times by the end of the subscription period, showed BSE data. 3B Films IPO was available for subscription from Friday, May 20, 2025, till Tuesday, May 30, 2025. The basis of allotment was finalised on Wednesday, June 4, 2025. According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use ₹4.43 crore for capital expenditure, ₹7.15 crore for working capital requirements and ₹4.43 crore for general corporate purposes. Maashitla Securities is the registrar of the issue. Nirbhay Capital Services is the sole book-running lead manager. About 3B Films Incorporated in September 2014, 3B Films is engaged in the manufacturing and supply of CPP & CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications. Its product portfolio includes a wide range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers and other consumer goods. The company has expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.
