Three M Paper Boards Limited IPO

BSE SME

Listed On: Jul 22, 2024 at ₹ 76.0

₹ 138000 /2000 Shares

Check Allotment

Three M Paper Boards Limited IPO Details

12 Jul, 2024

Open Date

16 Jul, 2024

Close Date

18 Jul, 2024

Allotment Date

22 Jul, 2024

Listing Date

Issue Price

₹67-69 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

76.0

Listing Date

2024-07-22

Market Lot

2000 Shares (₹138,000/-)

Lead Manager

Comfort Securities Pvt Ltd

Issue Size

5,772,000 shares(aggregating up to ₹39.83 Cr)

Retail Portion

35%

Subscription

171.33 times

IPO Docs

DRHP ANCHOR

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

Total No. of Applications: (Approx)

Three M Paper Boards Limited Valuations

EPS Pre IPO

₹4.91/-

EPS Post IPO

₹6.26/-

P/E Pre IPO

14.04

P/E Post IPO

11.03

RoNW

Three M Paper Boards Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	18,942.55	18,150.44	14,225.50
Revenue	32,974.92	31,600.49	16,552.14
Profit After Tax	661.53	327.56	172.63

About The Company

Three M Paper Boards Limited manufactures high-quality recycled paper-based Duplex Board products for packaging applications across various industries, including food and beverage, pharmaceuticals, cosmetics, and consumer goods. The company supplies its products in both domestic and international markets.

The company is based in Mumbai, with a manufacturing facility in Chiplun, Dist. Ratnagiri, Maharashtra. It has a manufacturing capacity of 72,000 TPA of paper as of FY 2022-23.

The company has about 25 dealers spread across India, ensuring our presence nationwide with a strong distribution network.

The company specialize 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 over 15 countries in the Asia-Pacific, Middle East, the Mediterranean, and African regions. This shows that TMP's high-quality products meet global standards.

As of February 2024, the company employs 231 employees in various departments.

Three M Paper Boards Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

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

Company Contact Details

Three M Paper Boards Limited

A33 & 34, Floor -2, Royal Industrial Estate, 5-B Naigaon Cross Road Wadala, Mumbai- 400031

Phone: +91 22 6812 5757

Email: compliance@threempaper.com

Website: https://www.threempaper.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: investor@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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.