Three M Paper Boards IPO Details
| IPO Size | 39.83 |
| Price Range | ₹67 - ₹69 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹13800 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 70.00% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Three M Paper Boards IPO Timelines
12/07/2024
Start Date16/07/2024
End Date19/07/2024
Refund Initiation19/07/2024
Credit of Shares to Demat Ac22/07/2024
Listing DateThree M Paper Boards IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹138,000 |
| Retail Maximum | 1 | 2000 | ₹138,000 |
| S-HNI Minimum | 2 | 4000 | ₹276,000 |
Three M Paper Boards IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 79.37 x | 285.02 x | 175.19 x | -- | 171.41 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹76 | ₹79.80 | ₹79.80 | ₹76 |
Three M Paper Boards IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹165.52 | ₹163.18 | ₹1.73 |
| FY 2022 | ₹316.00 | ₹311.41 | ₹3.28 |
| FY 2023 | ₹329.75 | ₹323.77 | ₹6.62 |
| FY 2024 (6M) | ₹131.88 | ₹127.31 | ₹6.02 |
About Company
Three M Paper Boards is involved in the production of recycled paper-based duplex board products, which are extensively used in packaging by various industries, including food and beverage, pharmaceuticals, cosmetics, and consumer goods. It sells these paper products in both the domestic and international markets.
Headquartered in Mumbai, its primary manufacturing operations are situated in Chiplun, district Ratnagiri, Maharashtra. As of March 2024, the company had a total manufacturing capacity of 72,000 tonnes per annum (TPA) of paper.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1989 | Paper | Rushabh Hitendra Shah |
Know Before Investing
Three M Paper Boards IPO Strengths
- Offers a variety of paperboard products catering to different industries.
- Long-standing reputation in the paperboard manufacturing industry.
- Efficient production facilities located in key industrial areas.
- Established partnerships with major clients, ensuring steady demand.
- Utilizes advanced technology for efficient and high-quality production.
Three M Paper Boards IPO Risks
- Vulnerability to changes in the prices of raw materials such as wood pulp.
- Stringent environmental regulations and compliance requirements could increase operational costs.
- High competition in the paperboard industry.
- Risks related to disruptions in the supply chain.
Swot Analysis for Three M Paper Boards IPO
Strengths
Weaknesses
Opportunities
Threats
Company 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: [email protected]
Website: https://www.threempaper.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Three M Paper Boards IPO are:
- Capital expenditure for installation of new machinery, modernisation of certain processes under existing manufacturing facilities and installation of plastic fired low pressure boilers.
- Funding long-term working capital requirements.
- Prepayment or repayment of all or a portion of outstanding borrowing.
- General corporate purposes.