Latest news with #MaashitlaSecurities
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Business Standard
2 days ago
- Business
- Business Standard
3B Films IPO allotment today; check status, GMP, listing date
3B Films IPO allotment status: The basis of the allotment of shares for 3B Films is expected to be finalised today, June 4, 2025. The SME initial public offering (IPO) of 3B Films, which closed its three-day subscription window on Tuesday, June 3, received a muted response from investors, with the offering being oversubscribed by only 1.76 times, according to data available on BSE. The retail investors portion was subscribed 2.75 times, and the Non-institutional investors (NII) portion was booked 85 per cent. Here's how to check 3B Films IPO allotment status online: Once the allotment is finalised, investors can check their status on the official websites of the BSE and Maashitla Securities, the registrar of the issue. Check 3B Films IPO allotment status on Maashitla Securities: 3B Films IPO grey market premium (GMP) today On Wednesday, the unlisted shares of 3B Films were trading flat at ₹50, the issue price, according to sources tracking unofficial market activities. The GMP slipped from June 1, 2025, when the shares were trading at ₹53, commanding a premium of ₹3 or 6 per cent per share. ALSO READ | 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 company has fixed the price at ₹50 per equity share. Shares of 3B Films are scheduled to be listed on the BSE SME platform, tentatively on Friday, June 6, 2025. 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.
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Business Standard
4 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.
Business Standard
7 days ago
- Business
- Business Standard
Blue Water Logistics IPO booked 9x; check allotment status, GMP, listing
Blue Water Logistics IPO allotment status: The basis of allotment of Blue Water Logistics is expected to be finalised today Friday, May 30, 2025. The initial public offering (IPO) closed for bidding on Thursday, May 29, 2025, receiving a decent response from investors. The issue was oversubscribed 9.4 times, driven primarily by demand from qualified institutional buyers (QIBs), who subscribed to their reserved quota 14.04 times. This was followed by retail investors at 9.87 times and non-institutional investors (NIIs) at 6.55 times. Once the allotment is finalised, investors can check their status on the official websites of NSE and Maashitla Securities, the registrar for the IPO. Alternatively, investors can also follow the direct links given below to check the Blue Water Logistics IPO allotment status online: Check Blue Water Logistics IPO allotment status on NSE: Check Blue Water Logistics IPO allotment status on Maashitla Securities: Blue Water Logistics IPO GMP Blue Water Logistics IPO details Blue Water Logistics aims to raise ₹40.5 crore through the SME public offering comprising a fresh issue of 3 million equity shares. There is no offer for sale (OFS) component. According to the red herring prospectus (RHP), shares of Blue Water Logistics will be listed on the NSE SME platform tentatively on Tuesday, June 3, 2025. The company has set the price band in the range of ₹132 to ₹135 per equity share. Retail investors would require a minimum investment amount of ₹1,32,000 to subscribe for a minimum of one lot comprising 1,000 shares. High-net-worth individuals (HNIs) can bid for a minimum of two lots consisting of 2,000 shares with a minimum investment amount of ₹2,70,000. Maashitla Securities serves as the registrar for the issue. Smart Horizon Capital Advisors is the sole book-running lead manager. According to the RHP, from the net issue proceeds, the company plans to utilise ₹10.5 crore to meet capital expenditure requirements for purchase of vehicles and their body building. In addition, ₹20 crore will be used to meet working capital requirements and the remaining funds will be used for general corporate purposes. About Blue Water Logistics Hyderabad-based Blue Water Logistics is engaged in the business of providing logistics and supply chain solutions. Its key services include freight forwarding, customs clearance, and transportation handling services. It is a Multimodal Transport Operator registered under the Multimodal Transportation of Goods Act 1993 to carry on the business of multimodal transportation. The company operates through five branch offices situated in the cities of Chennai, Delhi, Jaipur, Visakhapatnam and Thane. As of March 31, 2025, the company owns 25 commercial vehicles used for diverse transportation purposes.
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Business Standard
20-05-2025
- Business
- Business Standard
Blue Water Logistics IPO opens on May 27: Here's all you need to know
Blue Water Logistics IPO: The initial public offering (IPO) of Blue Water Logistics will open for subscription on Tuesday, May 27, 2025. The Hyderabad-based company aims to raise ₹40.50 crore through a fresh issue of 3 million equity shares. There is no offer for sale (OFS) component. The company has reserved around 50 per cent of the issue for qualified institutional buyers (QIBs), 35 per cent for retail investors and 15 per cent for non-institutional investors (NIIs). Here are the key details of Blue Water Logistics IPO: Blue Water Logistics IPO price band, lot size Blue Water Logistics has set the price band for its IPO in the range of ₹132 to ₹135 per equity share. The minimum lot size for an application is 1,000 shares. A retail investor would require a minimum investment amount of ₹1,32,000 to bid for one lot. The minimum investment required for high-net-worth individuals (HNIs) is 2,70,000 for two lots. Blue Water Logistics IPO key dates According to the red-herring prospectus, the three-day subscription window will tentatively close on Thursday, May 29, 2025. The anchor investor bid period shall be one working day before the issue opening date. The basis of allotment of shares is likely to be finalised on or before Friday, May 30, 2025. Shares of Blue Water Logistics will list on the NSE SME platform tentatively on Tuesday, June 3, 2025. Blue Water Logistics IPO registrar Maashitla Securities is the registrar of the issue. Smart Horizon Capital Advisors is the sole book-running lead manager of the issue. Blue Water Logistics IPO objective According to the RHP, the company aims to utilise ₹10.5 crore from the net issue proceeds to meet capital expenditure requirements by purchase of vehicles and their body building, and ₹20 crore for working capital requirements. The remaining funds will be used for general corporate purposes. About Blue Water Logistics Blue Water Logistics is engaged in the business of providing logistics and supply chain solutions. Its key services include freight forwarding, customs clearance, and transportation handling services. It is a Multimodal Transport Operator registered under the Multimodal Transportation of Goods Act 1993 to carry on the business of multimodal transportation. Based in Hyderabad, the company operates through five branch offices situated in the cities of Chennai, Delhi, Jaipur, Visakhapatnam and Thane. Over the years, Blue Water Logistics has served customers in different industries, including confectionery products, chemicals, crockery, natural stones, textile, electronics and fitness equipment. As of March 31, 2025, the company owns 25 commercial vehicles used for diverse transportation purposes. Blue Water Logistics financial overview In the financial year 2024-25 (FY25), Blue Water Logistics reported revenue from operations of ₹196.18 crore, up 41 per cent from ₹138.67 crore in the previous fiscal. Its profit after tax (PAT) stood at ₹10.67 crore in FY25, up around 80 per cent from ₹5.94 crore in FY24.
Business Standard
15-05-2025
- Automotive
- Business Standard
Victory Electric Vehicles IPO opens on May 20: Here's all you need to know
Victory Electric Vehicles International IPO: The initial public offering (IPO) of Victory Electric Vehicles International will open for subscription on Tuesday, May 20, 2025. The Delhi-based company aims to raise ₹40.66 crore through a fresh issue of 5.64 million equity shares. There is no offer for sale (OFS) component. The company has reserved not less than 50 per cent of the issue for retail individual investors and not more than 50 per cent for non-institutional investors. The company has fixed the issue price at ₹72 per equity share. The minimum lot size for an application is 1,600 shares. A retail investor would require a minimum investment amount of ₹1,15,200 to bid for one lot. High net-worth individuals can bid for a minimum of two lots for ₹2,30,400. According to the red herring prospectus (RHP), the four-day subscription window will tentatively close on Friday, May 23, 2025. The basis of allotment of shares will be finalised on or before Tuesday, May 27, 2025. Shares of Victory Electric Vehicles International will list on the NSE SME platform tentatively on Wednesday, May 28, 2025. Victory Electric Vehicles International registrar, lead manager Maashitla Securities serves as the registrar of the issue. Corpwis Advisors is the sole book-running lead manager. Victory Electric Vehicles International IPO objective According to the RHP, the company plans to utilise ₹5 crore from the net issue proceeds for working expenditure and ₹22 crore to meet working capital requirements. The remaining ₹7.54 crore will be used for general corporate purposes. About Victory Electric Vehicles International Incorporated in October 2018, Victory Electric Vehicles International is involved in the manufacturing of electric vehicles, including electric rickshaws, passenger rickshaws, e-loaders, cargo rickshaws, and electric scooters. It also manufactures customised e-three-wheelers, catering to specific needs such as food three-wheelers and ice cream three-wheelers. The company has a presence in several states, including Uttar Pradesh, Rajasthan, Haryana, Bihar, Madhya Pradesh, Jharkhand, Delhi, Chandigarh, Uttarakhand, Jammu & Kashmir, Gujarat and Maharashtra. Victory Electric Vehicles International financial overview For the nine months ended December 31, 2024, the company reported revenue from operations of ₹39.5 crore and a profit after tax (PAT) of ₹3.9 crore. In the financial year 2023-24 (FY24), Victory Electric reported revenue from operations of ₹48.44 crore, down 6.7 per cent from ₹51.9 crore in the previous fiscal. Its PAT stood at ₹4.9 crore in FY24 as against ₹78.8 lakhs in FY23.
