Three M Paper Boards Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,738,000 (47%) | — | ₹1,889 Cr |
| NII (HNI) | — | 824,000 (14%) | — | ₹569 Cr |
| Retail | — | 1,920,000 (33%) | — | ₹1,325 Cr |
| Market Maker | — | 290,000 (5%) | — | ₹20 Cr |
| Σ Total | — | 5,772,000 (100%) | — | ₹39,827 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 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,246,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 27,602 | 32,975 | 31,600 |
| Profit After Tax | 1,135 | 662 | 328 |
| Net Worth | 6,110 | 4,726 | 4,064 |
| Total Assets | 19,520 | 18,943 | 18,150 |
| Reserves & Surplus | 4,764 | 4,071 | 3,409 |
| Total Borrowing | 7,264 | 8,182 | 7,802 |
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 for installation of new machinery, modernisation of certain processes under existing manufacturing facility and installation of plastic fired low pressure boiler; –
- Funding long-term working capital requirements of the Company; and –
- Prepayment or repayment of all or a portion of outstanding borrowing availed by the Company; –
- General corporate purposes. –
Company Overview
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.