Latest news with #3BFilms
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Business Standard
16 hours ago
- Business
- Business Standard
3B Films IPO: Last day to apply! Check subscription status, GMP & key dates
3B Films IPO Day 3 update, subscription status: Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films marker 3B Films' initial public offering (IPO) has received a stellar response from investors so far. The SME offering, which opened for public subscription on Friday, May 30, was oversubscribed with 98,07,000 shares, against 64,08,001 on offer, leading to a subscription of 1.53 times around 12 PM on Tuesday, showed BSE data. 3B Films IPO grey market premium (GMP) today According to sources tracking unofficial markets, the unlisted shares of 3B Films were trading flat at ₹50, on Tuesday, in the grey market. The GMP slipped from June 1, 2025, when the shares were trading with a ₹3 or 6 per cent premium at ₹53 per share. 3B Films IPO details Through this IPO, 3B Films aims to raise ₹33.75 crore. The offer is a fresh issue of 3.54 million equity shares and an offer for sale (OFS) of 3.19 million shares. 3B Films IPO: Important dates Today, June 3, 2025, is the final day for subscribing to the offer. The basis of the allotment of shares will tentatively be finalised on Wednesday, June 4, 2025. Shares of 3B Films are slated to be listed on the BSE SME platform, on Friday, June 6, 2025. The company has fixed the price band at ₹50 per equity share. Retail investors can bid for a minimum of one lot consisting of 3,000 shares with an investment amount of ₹1,50,000. The minimum investment required for high-net-worth individuals (HNIs) is ₹3,00,000 for two lots of 6,000 equity shares. 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.
News18
19 hours ago
- Business
- News18
3B Films IPO Closes Today: Check Subscription Status, GMP Today
Last Updated: 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.
Mint
2 days ago
- Business
- Mint
3B Films IPO fully subscribed led by retail investors on the second bidding day. Check GMP, issues details, more
The subscription for the 3B Films IPO commenced on Friday, May 30, and will conclude on Tuesday, June 3. 3B Films IPO price band has been set at ₹ 50 per equity share with a face value of ₹ 10 each. Bids must be placed for a minimum of 3,000 equity shares and can be made in multiples of 3,000 equity shares thereafter. Established in 2014, 3B Films Limited is located 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 range includes transparent, metalized, white opaque, retort, anti-fog, easy-peel, and EVOH films. With cutting-edge facilities and a commitment to research and development, it distinguishes itself in the specialty films market by offering innovative packaging solutions worldwide. As part of the 3B Group, the company emphasizes continuous research and development to create specialty products. They serve various industries, particularly in food packaging, and have successfully broadened their export reach to regions including Dubai, Nepal, Sri Lanka, and several African nations. Following their initial success, the company invested in new imported machinery, enabling them to double their production capacity to 750 MT per month (9,000 MT annually). The addition of an MDO unit has further expanded their product range. By December 2024, the company reported 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 subscription status is 1.21 times, on day 2, so far. The retail portion was subscribed 1.68 times, and NII portion was booked 73%. The company has received bids for 77,25,000 shares against 64,08,001 shares on offer, at 14:04, according to data on 3B Films IPO subscription status was 86% on the first bidding day. 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 proceeds from the IPO will be directed towards capital expenditures, assisting with working capital requirements, and fulfilling general corporate aims. The subscription period is set to close on June 3rd, 2025. Nirbhay Capital Services Private Limited will serve as the Lead Manager for the Offer, while Maashitla Securities Private Limited will function as the registrar for the offering. Ashokbhai Dhanjibhai Babariya, Chairman and Managing Director of 3B Films Limited, mentioned that the money raised through the IPO will be used for capital expenses tied to our expansion through forward integration, to guarantee working capital for our operational development, and for overall corporate needs. With a well-established facility in Vadodara and a strong focus on recyclable and sustainable film solutions, we align with the industry's shifting expectations regarding both performance and environmental accountability. 3B Films IPO GMP today is +3. This indicates 3B Films share price was trading at a premium of ₹ 3 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of 3B Films share price is indicated at ₹ 53 apiece, which is 6% higher than the IPO price of ₹ 50. According to the recent grey market activities over the past eight sessions, today's IPO GMP is trending positively and is anticipated to have a strong opening. The minimum GMP recorded is ₹ 0.00, while the maximum GMP stands at ₹ 3, as per the insights from experts. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
2 days ago
- Business
- News18
3B Films IPO Day 2: Check Subscription Status, GMP Today
Last Updated: 3B Films Ltd's IPO was subscribed 1.20 times by Day 2, with retail at 1.66 times. The IPO price is Rs 50, and shares trade at Rs 53 in the grey market. It closes on June 3. 3B Films IPO Day 2: The initial public offering of 3B Films Ltd, which was opened for public subscription on Friday, May 30, has received a muted response till Day 2 so far. Till 1:29 pm on the second day of bidding on Monday, the Rs 33.75-crore BSE IPO received a 1.20 times subscription, garnering bids for 76,71,000 shares as against 64,08,001 shares on offer. The retail and NII participation stood at 1.66 times and 0.73 times, respectively. Gujarat-based 3B Films manufactures and supplies cast polypropylene (CPP) and cast polyethylene (CPE) films. The three-day IPO will be closed on Tuesday, June 3. It received a 0.86 times subscription on the first day of bidding on Friday. 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, unlisted shares of 3B Films Ltd are currently trading at Rs 53 apiece in the grey market, which is a 6% premium or GMP over the IPO price of Rs 50. It indicates listing gains for investors on June 6, the tentative listing date. The shares will be listed on the BSE's SME platform. 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. 3B Films IPO: More Details 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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Business Standard
2 days ago
- Business
- Business Standard
3B Films IPO Day 2 update; check subscription status, GMP, key dates
3B Films IPO Day 2 update, subscription status: The initial public offering (IPO) of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films maker 3B Films has received a lacklustre response from investors so far. The SME offering, which opened for public subscription on Friday, May 30, has received bids for 72,42,000 shares, against 64,08,001 on offer, leading to a subscription of 1.13 times at 11:25 AM on Monday, showed BSE data. 3B Films IPO grey market premium (GMP) According to sources tracking unofficial markets, the unlisted shares of 3B Films were trading at ₹53, commanding a GMP of ₹3 or 6 per cent against the issue price of ₹50, on Monday, in the grey market. 3B Films IPO details The company plans to raise ₹33.75 crore through a fresh issue of 3.54 million equity shares and offer for sale (OFS) of 3.19 million shares. The mainline 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. Shares of 3B Films are scheduled to be listed on the BSE SME platform, tentatively on Friday, June 6, 2025. The company has fixed the price at ₹50 per equity share. Retail investors can bid for a minimum of one lot consisting of 3,000 shares with an investment amount of ₹1,50,000. The minimum investment required for high-net-worth individuals (HNIs) is ₹3,00,000 for two lots of 6,000 equity shares. 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 ₹4.43 crore for capital expenditure, ₹7.15 crore for working capital requirements and ₹4.43 crore for general corporate purposes. 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.
