
Manufacturing / 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
+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
Designated Registrar: Bigshare Services Private Limited
Allotment Date
18 Jul 2024
Basis finalization
Refunds Initiate
19 Jul 2024
Mandate release
Demat Credit
20 Jul 2024
Shares in demat
Listing Debut
22 Jul 2024
Trading begins
Three M Paper Boards Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrial Goods sector with an aggregate issue size of ₹39.83 Crores. The shares are offered at a price band of ₹67 to ₹69 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,38,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-07-20, while un-allotted funds or UPI block mandates will be released on 2024-07-19.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.