Three M Paper Boards Limited
ListedSMEManufacturing / Industrial Goods · BSE
Three M Paper Boards Limited, established in 1989, is a leading manufacturer of high-quality recycled paper-based Duplex Board products catering to industries like food and beverage, pharmaceuticals, cosmetics, and consumer goods. Headquartered in Mumbai, the company operates a manufacturing facility in Chiplun, Maharashtra, with a production capacity of 72,000 TPA as of FY 2022-23. With a strong distribution network of 25 dealers across India, Three M Paper Boards also exports to over 15 countries in the Asia-Pacific, Middle East, Mediterranean, and Africa. As of February 2024, the company employs 231 individuals, reinforcing its position as a key player in the packaging industry.
Price Band
₹67 – ₹69
Issue Size
₹39.83 Cr
Lot Size
2000 shares
GMP
₹30
+43.5%
Est. Listing
₹99
at current GMP
Subscribed
171.41x
overall
Open
12 Jul 2024
Close
16 Jul 2024
Allotment
18 Jul 2024
Refund
19 Jul 2024
Demat Credit
20 Jul 2024
Listing
22 Jul 2024
Last updated 12 days ago
Key Highlights
- •Leading player in the Manufacturing / Industrial Goods segment
- •Price band established at ₹67 - ₹69 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹99 based on current grey market activity