By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: 3B Films IPO fully subscribed led by retail investors on the second bidding day. Check GMP, issues details, more | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > 3B Films IPO fully subscribed led by retail investors on the second bidding day. Check GMP, issues details, more | Stock Market News
Business

3B Films IPO fully subscribed led by retail investors on the second bidding day. Check GMP, issues details, more | Stock Market News

Last updated: June 2, 2025 2:18 pm
2 months ago
Share
SHARE


Contents
3B Films IPO subscription status3B Films IPO details3B Films IPO GMP today

The subscription for the 3B Films IPO commenced on Friday, May 30, and will conclude on Tuesday, June 3. 3B Films IPO price band has been set at ₹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 thereafter.

Established in 2014, 3B Films Limited is located in Vadodara, Gujarat, and specializes in the production and supply of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films for packaging and thermoforming applications.

The company’s product range includes transparent, metalized, white opaque, retort, anti-fog, easy-peel, and EVOH films. With cutting-edge facilities and a commitment to research and development, it distinguishes itself in the specialty films market by offering innovative packaging solutions worldwide.

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 broadened their export reach to regions including Dubai, Nepal, Sri Lanka, and several African nations. Following their initial success, the company invested in new imported 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.

Also Read | 3B Films IPO opens on May 30; issue price band set at ₹50 apiece; check GMP

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 booked 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 expenses tied to our expansion through forward integration, to guarantee working capital for our operational development, and for overall corporate needs. With a well-established facility in Vadodara and a strong focus on recyclable and sustainable film solutions, we align with the industry’s shifting expectations regarding both performance and environmental accountability.

Also Read | IPO Watch: Coal India arms BCCL files draft papers with SEBI for IPO

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 grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey 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’ readiness to pay more than the issue price.

Also Read | Scoda Tubes IPO allotment soon. GMP, step-by-step guide to check status online

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 8 August 2025 | Stock Market News

Top three stocks to buy today—recommended by Ankush Bajaj for 8 August

Best stock recommendations today—from MarketSmith India for 8 August

Best stocks to buy—recommended by NeoTrader’s Raja Venkatraman for 8 August

FPI short covering might fuel stock recovery ahead of Trump-Putin talks

TAGGED:3B Films IPO3B Films IPO details3B Films IPO GMP today3B Films IPO price band3B Films IPO subscription status3B Films share price
Share This Article
Facebook Twitter Email Print
Previous Article US dollar declines as steel tariffs, China tensions hurt sentiment | Stock Market News
Next Article Suzlon vs Inox Wind: Which wind energy stock should you buy after March quarter results? | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS