3B Films Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,204,000 (47%) | — | ₹1,602 Cr |
| Retail | — | 3,204,000 (47%) | — | ₹1,602 Cr |
| Market Maker | — | 342,000 (5%) | — | ₹17 Cr |
| Σ Total | — | 6,750,000 (100%) | — | ₹33,750 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 201,000 | ₹10,050,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 57 | 76 | 73 |
| EBITDA | 12 | 15 | 10 |
| Profit After Tax | 4 | 4 | 1 |
| Net Worth | — | 31 | 27 |
| Total Assets | 153 | 145 | 133 |
| Reserves & Surplus | — | 10 | 5 |
| Total Borrowing | — | 107 | 99 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure – 4.43
- Working Capital Requirements – 7.15
- General Corporate Purposes – 4.44
- Fresh Offer related expenses – 1.74
Company Overview
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:
- Advanced Manufacturing Facility
- Experienced management team and dedicated workforce
- Own Manufacturing unit and self-reliant manufacturing process
- Wide product range and customized product offering
- Multi-market Company
- Quality Assurance and Quality Control of the products