| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹39.83 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹39.83 Cr |
| Fresh Issue | ₹37.83 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน67.00-69.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544214 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Comfort Securities 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: 2,000 shares and in multiples thereof
Founded in July 1989, 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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital expenditure for installation of new machinery, modernisation of certain processes under existing manufacturing facility and installation of plastic fired low pressure boiler; | 14.00 |
| 2 | Funding working capital requirements of the Company; and | 10.00 |
| 3 | Prepayment or repayment of all or a portion of outstanding borrowing availed by the Company; | 7.00 |
| 4 | General corporate purposes | 1.39 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 195.20 | 189.43 | 181.50 | 142.26 |
| Total Income | 276.02 | 329.75 | 316.00 | 165.52 |
| Profit After Tax | 11.35 | 6.62 | 3.28 | 1.73 |
| NET Worth | 61.10 | 47.26 | 40.64 | 37.37 |
| Reserves and Surplus | 47.64 | 40.71 | 34.09 | 30.82 |
| Total Borrowing | 72.64 | 81.82 | 78.02 | 53.53 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 18.57% |
| ROCE | 19.71% |
| Debt / Equity | 1.19% |
| RoNW | 18.51% |
| PAT Margin | 4.11% |
| Price to Book Value | 1.52 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.43 | 5.90 |
| P/E (x) | 8.19 | 11.7 |
| Promoter Holding | 100% | 70% |
| Market Cap | โน132.74 Cr. | |