Three M Paper Boards Limited IPO
BSE SMEListed On: Jul 22, 2024 at ₹ 76.0
₹ 138000 /2000 Shares
Check Allotment12 Jul, 2024
Open Date16 Jul, 2024
Close Date18 Jul, 2024
Allotment Date22 Jul, 2024
Listing DateIssue Price
₹67-69 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
76.0Listing Date
2024-07-22Market Lot
2000 Shares (₹138,000/-)Lead Manager
Comfort Securities Pvt LtdIssue Size
5,772,000 shares(aggregating up to ₹39.83 Cr)Retail Portion
35%Subscription
171.33 times
The IPO of Three M Paper Boards Limited is priced at ₹67-69 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Three M Paper Boards Limited IPO bid opening date is from Jul 12, 2024 and the bid closing date was Jul 16, 2024.
Three M Paper Boards Limited IPO allotment result will be available on Jul 18, 2024. The tentative listing date for Three M Paper Boards Limited is Jul 22, 2024.
The total issue size is 5,772,000 shares(aggregating up to ₹39.83 Cr).
Three M Paper Boards Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,096,000 / 824,000* | 1,920,000 | 3,840,000 |
| Day 1 - 12-07-24 06:00 PM | 0.00 / 7.14 x | 12.98 x | 8.02 x |
| Day 2 - 15-07-24 06:00 PM | 0.01 / 34.99 x | 55.11 x | 35.07 x |
| Day 3 - 16-07-24 06:00 PM | 79.37 / 284.67 x | 175.19 x | 171.33 x |
Three M Paper Boards Limited Valuations
EPS Pre IPO
₹4.91/-EPS Post IPO
₹6.26/-P/E Pre IPO
14.04P/E Post IPO
11.03ROE
18.57%ROCE
19.71%Debt/Equity
1.19RoNW
18.51%PAT Margin
4.11Price to Book Value
1.52Three M Paper Boards Limited Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 19,519.88 | 18,942.55 | 18,150.44 |
| Revenue | 27,601.56 | 32,974.92 | 31,600.49 |
| Profit After Tax | 1,134.72 | 661.53 | 327.56 |
| Net Worth | 6,110.39 | 4,725.67 | 4,064.14 |
| Reserves & Surplus | 4,763.85 | 4,070.65 | 3,409.12 |
| Total Borrowing | 7,264.08 | 8,182.40 | 7,802.06 |
About The Company
Founded in July 1989, Three M Paper Boards Limited is a manufacturer of high-quality recycled paper-based Duplex Board products for packaging applications in food and beverage, pharmaceuticals, cosmetics, and consumer goods industries. The company sells its products in the domestic as well as international markets.
Headquartered in Mumbai, with a manufacturing unit at Chiplun, Dist. Ratnagiri, Maharashtra. Currently, as on FY 2022-23, its paper manufacturing capacity stands at 72,000 TPA.
There are approximately 25 dealers present across the length and breadth of India, hence having a proper reach throughout the nation with an impressive distribution channel.
The company specializes in manufacturing recycled paper-based Duplex Board products for packaging in industries like food, beverage, pharmaceuticals, cosmetics, and consumer goods, catering to both domestic and international markets.
The company shipped its products to more than 15 countries in the Asia-Pacific, Middle East, the Mediterranean, and African regions. This shows that TMP's high-quality products meet global standards.
The company has 231 employees in different departments as of February 2024.
Three M Paper Boards Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 70%
- Mr. Hitendra Dhanji Shah
- Mrs. Prafulla Hitendra Shah
- Mr. Rushabh Hitendra Shah
Three M Paper Boards Limited IPO - Issue Objectives
- Capital expenditure for installation of new machinery, modernisation of certain processes under existing manufacturing facility and installation of plastic fired low pressure boiler
- Funding long-term working capital requirements of the Company
- Prepayment or repayment of all or a portion of outstanding borrowing availed by the Company
- General corporate purposes.
Other Details
Three M Paper Boards Limited
A33 & 34, Floor -2, Royal Industrial Estate, 5-B Naigaon Cross Road Wadala, Mumbai- 400031Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Three M Paper Boards Limited IPO - FAQs
Ans. Three M Paper Boards Limited IPO is a SME IPO. The issue is priced at ₹67-69 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jul 12, 2024, and closes on Jul 16, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Three M Paper Boards Limited IPO opens on Jul 12, 2024 and closes on Jul 16, 2024.
Ans. The size of Three M Paper Boards Limited IPO is 5,772,000 shares(aggregating up to ₹39.83 Cr).
Ans. The IPO price band is set between ₹67-69 per equity share.
Ans. To apply for Three M Paper Boards Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Three M Paper Boards Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Three M Paper Boards Limited IPO is Jul 18, 2024.
Ans. The Three M Paper Boards Limited IPO will be listed on Jul 22, 2024.
Ans. Follow the steps to check the allotment status for Three M Paper Boards Limited IPO here.
