| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹33.75 Cr |
| Reserved for Market Maker | ₹1.71 Cr |
| Net Issue Size | ₹33.75 Cr |
| Fresh Issue | ₹16.05 Cr |
| Offer for Sale | ₹15.99 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน50.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544412 |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers |
Nirbhay Capital Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2014, 3B Films Limited is a Vadodara, Gujarat based company engaged in the manufacturing and supplying of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films for packaging and thermoforming applications.
The company's products include transparent, metalized, white opaque, retort, anti-fog, easy-peel, and EVOH films. With advanced facilities and R&D, it leads in specialty films, offering innovative packaging solutions worldwide.
As part of the 3B Group, they emphasize continuous research and development to innovate specialty products. They serve various industries, including food packaging, and have expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.
Following early success, the company installed new imported machinery, doubling production capacity to 750 MT monthly (9,000 MT annually). Adding an MDO unit expanded its product range further.
Product Portfolio:
1. Cast Polypropylene (CPP) Films: The company produces Cast Polypropylene (CPP) films by blending PP polymers, offering high clarity, strong seals, durability, and moisture resistance. These versatile films are used in specialty packaging like candy wraps and food sealing.
2. Cast Polyethylene (CPE) Films: The company’s Plain CPE Film is a co-extruded polyethylene film with excellent clarity, toughness, and cold resistance. It is ideal for pouching, food packaging, overwrapping, rice bags, and electronic device protection.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 4.43 |
| 2 | Working Capital Requirements | 7.15 |
| 3 | General Corporate Purposes | 4.44 |
| 4 | Issue Expenses | 1.74 |
| Total | 17.76 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 152.89 | 144.84 | 133.04 | 130.74 |
| Total Income | 57.18 | 76.40 | 72.82 | 68.07 |
| Profit After Tax | 4.20 | 4.29 | 0.92 | -0.34 |
| EBITDA | 11.96 | 14.99 | 9.91 | 7.97 |
| NET Worth | 30.91 | 26.60 | 25.67 | |
| Reserves and Surplus | 9.70 | 5.41 | 4.49 | |
| Total Borrowing | 106.55 | 98.56 | 99.33 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 14.91% |
| ROCE | 8.64% |
| Debt / Equity | 3.45% |
| RoNW | 13.88% |
| PAT Margin | 5.67% |
| EBITDA Margin | 19.79% |
| Price to Book Value | 3.43 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.02 | 2.26 |
| P/E (x) | 24.72 | 22.11 |
| Promoter Holding | 96.75% | 69.97% |
| Market Cap | โน123.86 Cr. | |