Latest news with #BSESME
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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.
Economic Times
21 hours ago
- Business
- Economic Times
Astonea Labs set to list today: Muted GMP signals flat debut
Astonea Labs is all set to debut on the BSE SME platform on Tuesday, June 3, following the completion of its Rs 37.67 crore initial public offering (IPO). The IPO, which was open for subscription from May 27 to May 29, received a modest response from investors and is now showing zero premium in the grey market, hinting at a flat listing. ADVERTISEMENT As per the latest grey market data, the last traded grey market premium (GMP) for Astonea Labs is Rs 0. With the IPO price fixed at the upper band of Rs 135 per share, the estimated listing price is expected to remain at Rs 135, reflecting no expected gains or losses on listing. The IPO was entirely a fresh issue of 27.90 lakh shares, and the proceeds are to be used for a mix of expansion plans, including registration in Bolivia, setting up an ointment production unit for exports, advertising, tech upgrades, working capital, and general corporate purposes. Astonea Labs, incorporated in 2017, is engaged in the contract manufacturing of pharmaceutical and cosmetic products. Its portfolio includes skincare and healthcare products under the brands "Glow Up" and "Regero", with plans to launch a new brand 'Avicel.' The company exports to markets like Iraq and Yemen and trades packaging and raw materials within the IPO was subscribed 1.79 times overall. The retail category was subscribed 1.69 times, QIB just 0.70 times, while the NII portion saw the strongest demand at 5.60 its strong financial performance in FY24 — including a jump in net profit to Rs 3.81 crore from Rs 0.67 crore in FY23 — the lukewarm subscription and zero GMP suggest limited excitement among investors. ADVERTISEMENT Analysts say the SME stock's fully priced valuation and sector-specific risks may have kept some bidders on the sidelines. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
4 days ago
- Business
- Mint
Amid soaring gold prices multibagger jewellery stock gives 300% returns to IPO allottees in two years
Khazanchi Jewellers share price has delivered stellar returns since its debut on the Indian stock market. Khazanchi Jewellers is a Chennai-based gold and silver jewelry retailer that was listed in the Small and Medium Enterprises (SME) segment of the BSE in August 2023. The sharp rally in Khazanchi Jewellers share price has coincided with a significant rise in gold prices. Over the past four years, MCX gold rates have more than doubled, offering substantial gains to investors and supporting the performance of jewellery companies. The initial public offering (IPO) of Khazanchi Jewellers opened on July 24, 2023, and closed on July 28, 2023. Khazanchi Jewellers IPO, listed on the BSE SME platform, was entirely a fresh issue of 69.10 lakh equity shares, through which the company raised ₹ 97 crore. Khazanchi Jewellers IPO price band was fixed at ₹ 140 per share. Khazanchi Jewellers shares had a modest stock market debut on August 7, 2023, with the SME stock listing at ₹ 142.30 apiece — just 1.64% above the issue price. The IPO lot size was 1,000 shares, translating to an initial investment of ₹ 1,40,000 per lot. Investors who were allotted shares witnessed limited gains on listing, but the stock has since seen a strong uptrend. As of May 30, 2025, Khazanchi Jewellers share price closed 0.93% lower at ₹ 562.10 apiece on the BSE SME platform. However, the stock has surged over 151% in the past year and hit its 52-week high of ₹ 670.00 on November 28, 2024. From its IPO price of ₹ 140, the stock has appreciated over 301%, turning into a multibagger for early investors. One IPO lot purchased at ₹ 1,40,000 is now valued at ₹ 5,62,100, reflecting the company's robust post-listing performance. 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.
Mint
4 days ago
- Business
- Mint
Astonea Labs IPO allotment to be out soon: Here are Steps to check status online and GMP as focus shifts to listing
Astonea Labs IPO: The allotment for the IPO that saw its subscription period end on 29 May, is to be out soon: Kfin Technologies Limited is the issue's registrar, while Oneview Corporate Advisors Pvt. Ltd. is the book-running lead manager for the Astonea Labs IPO. On Friday, May 30, 2025, the allotment of shares for Astonea Labs' initial public offering will be finalized. The proposed listing date for Astonea Labs' initial public offering (IPO) is on the BSE SME is set for Tuesday, June 3, 2025. Since the Kfin Technologies Limited is the registrar to the issue and the Astonea Labs shares are to be listed on BSE SME Investors can check allotments status for Astonea Labs IPO either on the registrars website or the BSE Step 1: Go to the website of Registrar Kfin Technologies Limited to check Astonea Labs allotment status by clicking the link: Step 2: Select any of the link windows for checking the Astonea Labs IPO allotment status Step 3: Select Astonea Labs Limited' from the 'Select IPO' dropdown menu. Step 4: Select any of the following, from Demat number, application number or the PAN number Step 5: Enter the details from the option selected Step 7: Click on the submit button Step 1: Go to the BSE website for chrcking Astonea Labs IPO allotment and click the link: Step 2: Select the issue type Step 3: Select the IPO or "Astonea Labs Limited' from the Issue name ' dropdown menu. Step 4: Select any of the following — DPID or Demat number, application number or the PAN number Step 5: Enter the details from the option selected Step 7: Click the submit button Astonea Labs IPO GMP or Grey Market Premium stands at Nil . This means that the Astonea Labs shares are available without any premium over the issue price price of ₹ 135 in the grey market. The same also means that the market participants are noy expecting any listing gains and the listing of Astonea Labs shares is expected to be at close to the upper band of the offer price of ₹ 135 a piece, as suggested by data 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.
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Business Standard
5 days ago
- Business
- Business Standard
3B Films IPO opens today; check price band, lot size, GMP, key dates
3B Films IPO: The initial public offering (IPO) of 3B Films opens for public subscription today, Friday, May 30, 2025. Valued at around ₹37.75 crore, the SME offering comprises a fresh issue of 3.55 million equity shares, and an offer for sale (OFS) with promoters divesting up to 3.2 million equity shares. As the public offering opens for subscription, here are the key details of the 3B Films IPO as outlined in its Red Herring Prospectus: 3B Films IPO price band, lot size 3B Films IPO is available at ₹50 per share, with a lot size of 3,000 shares. A retail investor can bid for a minimum of one lot of 3,000 shares, with an investment amount of ₹1,35,000 (at the upper end of the IPO price). A high net-worth individual (HNI) would require a minimum of ₹3,00,000 to bid for a minimum of two lots of 3,000 equity shares. 3B Films IPO grey market premium (GMP) The unlisted shares of 3B Films were commanding a muted premium in the grey markets on Friday. Sources tracking grey market activities revealed that the company's shares were trading at ₹53 per share, reflecting a grey market premium (GMP) of ₹3 or 6 per cent over the issue price. 3B Films IPO allotment date, listing date The public offering of 3B Films will remain available for subscription until Tuesday, June 3, 2025. Following the closure of the subscription window, the basis of allotment of 3B Films IPO shares is likely to be finalised on Wednesday, June 4, 2025. The successful allottees can expect the company's shares to be credited to their demat accounts by Thursday, June 5, 2025. Shares of 3B Films are slated to list on the BSE SME on Friday, June 6, 2025. 3B Films registrar, lead manager Maashitla Securities serves as the registrar for the public offering of 3B Films, while Nirbhay Capital Services acts as the sole book-running lead manager. 3B Films IPO objective 3B Films will not receive any proceeds from the offer for sale, as it will be given to the promoters participating in the OFS. The company, however, intends to utilise the proceeds from the fresh issue for capital expenditure, working capital requirements, general corporate purposes, and fresh offer-related expenses. About 3B Films 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. The company's 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. From high-clarity films for premium packaging to high-barrier films for extended shelf life, the company offers solutions that cater to the evolving demands of the market. It presently operates a manufacturing facility capable of producing CPP & CPE films spanning a thickness range from 15 to 250 microns.
