
3B Films share price freezes at 5% lower circuit post stock market debut
The initial public offering (IPO) of 3B Films had a subscription period that ran from Friday, May 30, until Tuesday, June 3. With a face value of ₹ 10, shares in the 3B Films IPO are priced at ₹ 50. At least 3,000 of those shares are up for bid, and there are multiples of those shares available. 3B Films IPO subscription status was 1.80 times on the last day of bidding.
Founded in 2014, 3B Films Limited is situated in Vadodara, Gujarat, and specializes in the production and supply of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films for packaging and thermoforming applications. The company's product lineup features a variety of films, including transparent, metalized, white opaque, retort, anti-fog, easy-peel, and EVOH films. Leveraging advanced facilities and a strong focus on research and development, 3B Films sets itself apart in the specialty films market by delivering innovative packaging solutions on a global scale.
As part of the 3B Group, the company prioritizes ongoing research and development to create specialized products for various industries, especially in food packaging. They have successfully expanded their export footprint to regions such as Dubai, Nepal, Sri Lanka, and several African countries. Following initial successes, the company invested in new imported machinery, which allowed them to double their production capacity to 750 MT per month, or 9,000 MT annually.
Additionally, the company's installation of an MDO unit has further enhanced their product offerings. By December 2024, 3B Films reported an operational revenue of ₹ 5,679.94 Lakhs, an EBITDA of ₹ 1,196.36 Lakhs, and a profit after tax of ₹ 420.19 Lakhs, demonstrating solid financial performance and growth within the industry.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
7 hours ago
- India.com
Anti India Yunus plans big conspiracy against India, may join hands with this country to open weapon factories, not Pakistan, China, country is....
Anti India Yunus plans big conspiracy against India, may join hands with this country to open weapon factories, not Pakistan, China, country is... Dhaka: Amid the ongoing tensions between India and neighbouring Bangladesh, Turkey is going to enter into a strategic defence partnership with Dhaka. As per reports, a top Turkish defence industry official will visit the Middle East country next week, and during the same period, both countries can hold important talks to expand the defence-industry partnership. People familiar with the development have said that Haluk Gorgun, head of Turkey's Defence Industry Agency (SSB), will visit Dhaka on July 8, on a one-day visit. He is scheduled to meet Chief Advisor of the Interim Government Muhammad Yunus. Is Mohammad Yunus Preparing To Enter A Strategic Defence Partnership With Turkey? It is speculated that Mohammad Yunus is preparing to enter into a strategic defence partnership with Turkey. Notably, the Middle East country helped Pakistan against India during the recent conflict. Haluk Gorgun's visit to Dhaka can not be seen as a normal formal meeting, but through this, Ankara is planning to strengthen its presence in Bangladesh at the strategic level. As per a report by the Economic Times, Gorgun is scheduled to meet Bangladesh Army Chief General Waqar-uz-Zaman, Navy Chief Admiral M. Nazmul Hasan and Air Chief Marshal Hasan Mahmud Khan. Why Turkey Struggled to Gain Ground in Bangladesh Under Sheikh Hasina? During Sheikh Hasina's tenure, Turkey did not get any chance to set its foot in the country. But now under the Mohammad Yunus-led government the country has a chance as he supports Erdogan's 'Caliphate rule'. The report states that Bangladesh Investment Development Authority (BIDA), which is an apex investment promotion agency, is planning to set up defence industrial complexes in Chittagong and Narayanganj in collaboration with Turkish defence companies. Notably, BIDA Executive Chairman Chowdhury Ashiq Mahmud Bin Harun recently completed a five-day trip to Turkey. During the visit, he held talks with major Turkish defence companies. It is worth mentioning that in recent years, Turkish companies have gained global recognition in drone technology, radar systems, missile development and aircraft manufacturing. Does Turkey Want To Be In A Position To Directly Challenge India? It is believed that Pakistan's friend Turkey, by setting up defence factories in Bangladesh, wants to be in a position to directly challenge India. The Middle East country also wants to sell its defence materials in Asia and African countries. Bangladesh also wants aerospace collaboration with Turkey. Following a meeting between Bangladeshi Foreign Affairs Advisor Mohammad Tauhid Hussain and Turkish Aerospace Chief Mehmet Demirolu at the Antalya Diplomacy Forum in April 2025, Mohammad Yunus is pursuing an aerospace agreement with Ankara. During the meeting, both the sides possibilities of cooperation in the field of advanced fighter aircraft, training aircraft and satellite systems. Does Bangladesh Want To Become Turkey's Strategic Partner? Bangladesh's evolving relationship with Turkey signals a shift beyond a simple buyer-seller dynamic towards a strategic partnership. This development, alongside China's growing influence, suggests Turkey aims to exert pressure on India through Bangladesh. Furthermore, the involvement of the United States in a potential plan to separate Myanmar into a Christian state, with Bangladesh's possible assistance, indicates Bangladesh is becoming a key player in regional geopolitical manoeuvring. This situation raises concerns that Bangladesh could become a battleground for competing global interests, potentially exploited by nations opposed to India.
&w=3840&q=100)

Business Standard
18 hours ago
- Business Standard
Chemkart India IPO opens on July 7: Check price band, GMP, key dates, more
Chemkart India IPO: The initial public offering (IPO) of food and health ingredients distributor Chemkart India will open for subscription on Monday, July 7, 2025. The Mumbai-based company aims to raise ₹80.08 crore through a fresh issue of 2.6 million equity shares and an offer for sale (OFS) of 0.62 million shares. The company has reserved around 50 per cent of the issue for qualified institutional buyers (QIBs), 35 per cent for retail investors and 15 per cent for non-institutional investors (NIIs). Here are the key details of Chemkart India IPO: Chemkart India IPO price band, lot size Chemkart India has set the price band for its IPO in the range of ₹236 to ₹248 per equity share. The minimum lot size for an application is 600 shares. A retail investor would require a minimum investment amount of ₹2,97,000 to bid for at least two lots at the upper end price. The minimum investment required for high net-worth individuals (HNIs) is ₹4,46,400 for three lots. Chemkart India IPO key dates According to the RHP, the three-day subscription window will tentatively close on Wednesday, July 7, 2025. The basis of the allotment of shares is likely to be finalised on or before Thursday, July 10, 2025. Shares of Chemkart India will be listed on the BSE SME platform, tentatively on Monday, July 14, 2025. Chemkart India IPO registrar, lead manager Bigshare Services is the registrar of the issue. Smart Horizon Capital Advisors is the sole book-running lead manager. Chemkart India IPO objective According to the red herring prospectus (RHP), the company plans to use the net fresh issue proceeds for setting up a manufacturing facility through investment in the wholly-owned subsidiary, Easy Raw Materials, and repayment of certain borrowings. The remaining funds will be used for general corporate purposes. Chemkart India IPO GMP The unlisted shares of Chemkart India were trading flat at ₹248, the upper price band as of 3 PM on Friday, according to sources tracking unofficial market activities. About Chemkart India Incorporated in 2020, Mumbai-based Chemkart India provides nutritional, health and sports supplement products. It offers products across mainly seven product categories, including Amino Acids, Health Supplement, Herbal Extract, Nucleotide, Protein, Sports Nutrition, and Vitamin.


Time of India
18 hours ago
- Time of India
Renault in early talks with JSW Group for possible India JV amid Nissan stake restructuring
French automaker Renault SA is reportedly in early discussions with the JSW Group for a potential joint venture in India, as it seeks to solidify its position in one of the world's fastest-growing car markets while restructuring ties with longtime ally Nissan Motor Co. , according to a Bloomberg report, citing sources familiar with the matter. The talks, which are still at a preliminary stage, reflect Renault's intent to operate more independently in India. As part of this broader strategy, the company is close to acquiring Nissan's stake in their jointly owned Chennai manufacturing facility. The move follows a March agreement to reduce cross-shareholding between Renault and Nissan from 15 per cent to 10 per cent each, as the two firms recalibrate their global alliance. JSW into auto space JSW Group, led by industrialist Sajjan Jindal, has already established a foothold in the Indian automotive market through its 35 per cent stake in MG Motor India via a joint venture with China's SAIC Motor Corp. The group is actively seeking new partnerships to expand its presence in the electric mobility segment, aligned with its interests across steel, infrastructure, and energy sectors. Renault's footprint in India remains modest, with annual sales of around 38,000 vehicles in FY25 — less than 1 per cent of the domestic passenger vehicle market. However, the company continues to export to African and Asia-Pacific markets from India, and recently opened its largest design studio outside France at its Chennai tech centre. Historically, Renault has opted for joint ventures in India, including past partnerships with Mahindra & Mahindra and Nissan. The talks with JSW mark a continuation of this strategic approach as the company explores ways to strengthen its India operations. Renault's final decision on future partnerships may align with the appointment of a successor to CEO Luca de Meo, who has prioritised profitability and expansion in emerging markets.