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. 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 there.

Establed in 2014, 3B Films Limited is Located In Vadodara, Gujarat, and Specializes in the production and supply of cast polypropylene (cpp) and cast polyethyle (camp) films for packing and Thermoforming Applications.

The company’s product range includes transparent, metalized, white opaque, retort, anti-often, Easy-Peel, and Evoh Films. With cutting-edge facilities and a commitment to research and development, it distinguishes its specialty films market by offering innovative packaging solutions.

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 broaded their expenach to regions including Dubai, Nepal, Sri Lanka, and Several African Nations. Following their initial success, the company investment in new important 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

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 Book 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 chittorgarh.com

3B Films IPO subscription status was 86% on the first bidding day.

3B Films IPO Details

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 Expend for Capital Experts Tied to our expert Integration, to Guarantee Working Capital for Our Operational Development, and For Overall Corporate Needs. With a well-set facility in vadodara and a strong focus on reconstant and sustainable film solutions, we align with the industry’s shifting expenses and engagement Accountability.

3B Films IPO Gmp Today

3B Films IPO GMP Today is +3. This indicates 3B films share price was trading at a premium of 3 in the green market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the green 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 Investorgain.com Experts.

‘Grey Market Premium’ Indicates Investors’ Readness to pay more than the issue price.

Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.