3B Films shares to list today. Check GMP ahead of listing
BSE SME platform
on Friday. Ahead of the listing, the company's shares had muted GMP of Rs 0 in the unlisted market. This indicates a likely flat listing, but the sentiments could change depending on the secondary market.
The IPO, which was completely a fresh equity sale of 67.5 lakh shares, received a modest subscription of 1.8 times. The issue was priced at Rs 50 apiece
The net proceeds from the IPO will be used for capital expenditure, working capital requirements, and general corporate purposes. The company plans to invest in forward integration by installing new printing and lamination lines to provide end-to-end flexible packaging solutions.
3B Films is engaged in the manufacturing and supply of CPP and CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications. It plays a pivotal role in delivering innovative packaging solutions to its clients of a wide array of industries.
The company's product portfolio includes a wide range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers and other consumer goods.
Live Events
From high-clarity films for premium packaging to high-barrier films for extended shelf life, it offers solutions that cater to the evolving demands of the market as we presently are equipped with such a manufacturing facility capable of producing CPP and CPE films spanning a thickness range from 15 to 250 microns.
Further, considering the future prospect of Adhesive Laminated Films in line with the present business of the company, in the financial year 2023-24, it also started trading of said films and recorded turnover of Rs 22.59 crore in the first fiscal itself.
To exploit the potential business opportunities prevailing in the market, the company is planning to install machines in its manufacturing unit itself to manufacture adhesive laminated films in the years to come
The company's management on the occasion of the IPO said, "As we take the next step in our journey with this public offering, our focus remains on strengthening 3B Films' position in the flexible packaging industry. With the planned installation of printing and lamination lines, we aim to offer comprehensive packaging solutions under one roof. This investment supports our strategy to move closer to end-use applications while maintaining quality, efficiency, and customization."
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
11 minutes ago
- Time of India
Nissan Magnite authorised CNG kit costs less than iPhone: Availability & warranty
Nissan Magnite authorised CNG kit costs less than iPhone. Nissan India has kicked off the second phase of its factory-authorised CNG retrofitment rollout for the Magnite SUV. As part of this latest phase, the CNG option is now available at authorised dealerships in Rajasthan, Bihar, Jharkhand, Madhya Pradesh, Chhattisgarh, and Tamil Nadu. This expansion follows the launch of the first phase on June 1, 2025, when the retrofitment kit was first introduced in Delhi-NCR, Haryana, Uttar Pradesh, Maharashtra, Gujarat, Kerala, and Karnataka. With the second phase now underway, the CNG-ready Magnite is available in 13 states across India, and Nissan has confirmed that preparations for a third phase are already in motion. The CNG kit is priced at Rs 74,999, less than the cost of a new iPhone, and is offered exclusively on the facelifted version of the Magnite, which was launched last year. It is compatible only with the 1.0-litre NA petrol engine paired with a 5-speed manual gearbox. This engine produces 71 hp and 96 Nm of peak torque. While Nissan hasn't shared the official mileage figures post-conversion, it promises improved fuel efficiency with the CNG setup. Magnite EZ Shift drive review: Is Nissan's AMT the best of both worlds? | TOI Auto by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Beachfront Living in Mumbai at Sunteck Beach Residences Sunteck Realty Learn More Undo Developed and quality-assured by Motozen, the CNG kit meets BS6 Phase 2 emission standards and will be installed at government-approved fitment centres. Motozen will also provide a warranty of 3 years or 1 lakh kilometres on the kit's components. Speaking of the model, it gets features like an 8-inch touchscreen infotainment system, wireless Android Auto and Apple CarPlay, rear AC vents, wireless charger, and a 7-inch digital instrument cluster. Safety has also received an upgrade with six airbags, electronic stability control, and three-point seatbelts for all seats now standard across the range. Discover everything about the automotive world at Times of India .
India.com
16 minutes ago
- India.com
Narayana Murthy, Sudha Murthy plans BIG, eye joint ventures in…, aim to replicate success like…
Catamaran is the family office of Infosys founder NR Narayana Murthy and his wife Sudha Murthy. It is looking out for joint ventures (JVs), which can give the success they achieved with global giants like Amazon and Aon as reported by Moneycontrol . Success Of Past JVs In 2014, Catamaran and Amazon had jointly set up Cloudtail as a 51:49 platform had trained sellers to sell on Amazon, and became one of the top sellers on the e-commerce platform. As this JV was successful, in 2021, both announced exiting Cloudtail due to changing landscape and e-commerce rules. Within this short period, the Murthys earned over $110 million (Rs 915 crore) in profits in eight years. The investment was of Rs $50 million (Rs 417 crore) from the JV, as per media reports. After this success, the family office started looking out for similar ventures. Catamaran's New Plan In 2025, precision manufacturing is a big theme for Catamaran because they think that partnership with new edge technology can create jobs and value. 'Think about…the Amazon JV — bringing a global platform, building locally, and creating jobs. We want to do the same in precision manufacturing. But we don't want to play just in original equipment manufacturers (OEMs) or high-volume, low-margin businesses. We want to build the supply chain,' Ranganath MD, Chairman at Catamaran told Moneycontrol in an interview. Catamaran is also planning to focus on precision manufacturing in Electric vehicle (EV) supply chains, electronics, aerospace and more. 'But we're clear: we don't claim to know manufacturing better than domain experts. If we do a JV in this space, it'll probably be a three-way partnership,' Ranganath MD added. While talking about three-way partnership in the same interview, he said: 'Catamaran will bring the capital and India know-how, the Indian promoter brings local expertise and a third partner will bring global manufacturing tech and process knowledge.'
Time of India
18 minutes ago
- Time of India
IFC Invests ₹460 crore in India's largest battery energy storage project in Gujarat
IFC, a member of the World Bank Group, on Thursday committed Rs 460 crore to IndiGrid to build India's largest standalone battery energy storage system project in Gujarat. The project is designed to play a key role in supporting the state's clean energy goals by enhancing grid stability and ensuring reliable power is available during peak demand, a joint statement said. The long-term financing of USD 55 million (about Rs 460 crore) will be through a subscription to listed non-convertible debentures, with USD 38.5 million from IFC's own account and USD 16.5 million in concessional support from the Clean Technology Fund, one of the multi-donor trust funds under the World Bank-hosted Climate Investment Funds framework. IFC Regional Director for South Asia Imad N Fakhoury said, "Expanding access to reliable, affordable electricity is central to development and IFC's mission in emerging markets. Battery energy storage is critical for diversifying India's energy mix and ensuring clean power is available when demand is highest." IndiGrid has been a trusted partner to IFC in advancing sustainable and inclusive infrastructure in India, he said, adding, the latest investment supports Gujarat's goal of achieving 100 GW of renewable capacity by 2030 and sets a replicable model for other states. India's power sector is undergoing a structural shift as the country advances toward its target of 500 GW of clean energy capacity by 2030, it said. The increasing integration of solar and wind energy introduces new challenges for grid stability, peak load management, and dispatch reliability, it added. Utility-scale battery storage is emerging as a critical solution to address to grid stability challenges, including peak load management and dispatch reliability, while enabling greater integration of solar and wind energy. "With IFC's support, we are proud to lead the deployment of one of India's first and largest BESS assets in Gujarat. This project represents a strategic milestone in building next-generation infrastructure that is clean, resilient, and future-ready," IndiGrid Managing Director Harsh Shah said.>
