Latest IPO in India: 3B Films Ltd – A Promising Opportunity for Investors
The latest IPO in India is making waves as 3B Films Ltd, a Gujarat-based manufacturer of specialty packaging films, opens its public offering. With a fixed price band of ₹50 per share, this SME IPO aims to raise ₹33.75 crore. As of May 31, 2025, the IPO is open for subscription and will close on June 3, 2025. Investors keen on the flexible packaging sector should delve into the IPO details, including the IPO price band and IPO subscription status, to make informed decisions.
Company Overview
Established in 2014, 3B Films Ltd specializes in producing high-performance Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films. These films cater to various industries, including food packaging, garments, floriculture, and consumer goods. The company operates a state-of-the-art manufacturing facility in Vadodara, Gujarat, equipped with imported machinery from Italy and Germany. With certifications like ISO 9001:2015 and BRCGS, 3B Films emphasizes quality and innovation. Their products are exported to regions such as the UK, UAE, Africa, and South Asia.
IPO Timeline
- Issue Open Date: May 30, 2025
- Issue Close Date: June 3, 2025
- UPI Mandate Deadline: June 3, 2025
- Allotment Finalization: June 4, 2025
- Refund Initiation: June 5, 2025
- Share Credit to Demat Accounts: June 5, 2025
- Listing Date: June 6, 2025
Price Band
The IPO price band is fixed at ₹50 per equity share. Given the face value of ₹10, this implies a premium of ₹40 per share.
Lot Size
- Lot Size: 3,000 shares
- Minimum Investment: ₹1,50,000
- Retail Investors: Can apply for a minimum of one lot (3,000 shares)
- High Net-Worth Individuals (HNIs): Minimum of two lots (6,000 shares)
Key Dates
- Issue Open: May 30, 2025
- Issue Close: June 3, 2025
- Allotment Date: June 4, 2025
- Refunds Initiated: June 5, 2025
- Shares Credited: June 5, 2025
- Listing Date: June 6, 2025
Financials
- Revenue (FY 2023-24): ₹75.75 crore
- Net Profit (FY 2023-24): ₹4.29 crore
- EBITDA Margin: 15.67%
- Return on Equity (RoE): 13.88%
Strengths
- Advanced Manufacturing Facility
- Experienced Leadership
- Diverse Product Range
- Global Presence
- Certifications like ISO and BRCGS
Risks
- SME Listing implies lower liquidity
- High minimum investment (₹1.5 lakh)
- Intense industry competition
- Operational dependency on machinery and raw materials
IPO Anchor Investors Details
No anchor investors were allotted shares in this IPO.
IPO Promoter Holding Details
Shareholding Category | Percentage |
---|---|
Pre-Issue Promoter Holding | 100% |
Post-Issue Promoter Holding | 72.75% |
IPO Grey Market Premium (GMP)
Date | GMP (₹) | Expected Listing Price (₹) |
---|---|---|
May 30, 2025 | ₹3 | ₹53 |
May 31, 2025 | ₹0 | ₹50 |
Note: GMP is unofficial and fluctuates daily.
Final Thoughts
3B Films Ltd’s IPO is a gateway to invest in a robust company from the flexible packaging industry. With impressive growth metrics and a solid global footprint, it offers good long-term prospects. However, investors should assess the risks of SME investments before committing. Diversified portfolios and advisory consultations are recommended.
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