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3B Films share price freezes at 5% lower circuit post stock market debut
3B Films share price freezes at 5% lower circuit post stock market debut

Mint

time06-06-2025

  • Business
  • Mint

3B Films share price freezes at 5% lower circuit post stock market debut

3B Films share price were locked at the 5% lower circuit at ₹ 46.08 on the BSE SME on Friday. 3B Films share price made a weak debut on BSE SME today. 3B Films share price today opened at ₹ 48.50, which is 3% lower than the issue price of ₹ 50. 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.

3B Films stock lists at 3% discount on BSE SME, misses GMP estimates
3B Films stock lists at 3% discount on BSE SME, misses GMP estimates

Business Standard

time06-06-2025

  • Business
  • Business Standard

3B Films stock lists at 3% discount on BSE SME, misses GMP estimates

3B Films listing today: Shares of 3B Films made a negative stock market debut on the BSE SME platform on Friday, June 6, 2025. The company's stock listed at ₹48.5 per share, down 3 per cent from the issue price of ₹50 per share. The listing price of 3B Films was below grey market estimates. Ahead of the listing, unlisted shares of 3B Films were trading flat at ₹50 in the grey market, according to sources tracking unofficial markets. Post listing, the stock further slipped to ₹46.08, down 5 per cent from the listing price and 7.8 per cent from the issue price. 3B Films IPO details 3B Films plans to raise ₹33.75 crore through a fresh issue of 3.54 million equity shares aggregating to ₹17.76 crore and offer for sale (OFS) of 3.19 million shares aggregating to ₹15.99 crore. 3B Films offered at a price of ₹50 with a lot size of 3,000 shares, received bids for 1,18,92,000 shares against the 67,50,000 shares offered, resulting in an oversubscription of 1.76 times by the end of the subscription period, showed BSE data. 3B Films IPO was available for subscription from Friday, May 20, 2025, till Tuesday, May 30, 2025. The basis of allotment was finalised on Wednesday, June 4, 2025. According to the red herring prospectus (RHP), from the net fresh issue proceeds, the company aims to use ₹4.43 crore for capital expenditure, ₹7.15 crore for working capital requirements and ₹4.43 crore for general corporate purposes. Maashitla Securities is the registrar of the issue. Nirbhay Capital Services is the sole book-running lead manager. About 3B Films Incorporated in September 2014, 3B Films is engaged in the manufacturing and supply of CPP & CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications. Its 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. The company has expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.

BSE SME 3B Films market premiere fizzles, lists below issue price
BSE SME 3B Films market premiere fizzles, lists below issue price

Business Standard

time06-06-2025

  • Business
  • Business Standard

BSE SME 3B Films market premiere fizzles, lists below issue price

Shares of 3B Films was trading at Rs 46.08 on the BSE, a discount of 7.84% compared with the issue price of Rs 50. The scrip was listed at Rs 48.50, a discount of 3% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 48.50 and a low of Rs 46.08. About 93,000 shares of the company changed hands at the counter. 3B Films' IPO was subscribed 1.76 times. The issue opened for bidding on 30 May 2025 and it closed on 3 June 2025. The price of the IPO was set at Rs 50 per share. The IPO comprised a fresh issue of 35,52,000 and an offer for sale (OFS) of 31,98,000 equity shares by existing shareholders. The company intends to utilize the net proceeds to meet capital expenditure, working capital, general corporate purposes and offer related expenses. 3B Films is a leading manufacturer and supplier of CPP (Cast Polypropylene) and CPE (Cast Polyethylene) films, catering to the diverse requirements of the flexible packaging industry and high-end thermoforming applications. The company plays a pivotal role in delivering innovative and customized packaging solutions across a wide range of sectors. Its 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. As on December 31, 2024, the company had 59 permanent employees. The company recorded revenue from operations of Rs 4.20 crore and net profit of Rs 56.79 crore for the period ended 31 December 2024.

3B Films shares to list today. Check GMP ahead of listing
3B Films shares to list today. Check GMP ahead of listing

Economic Times

time06-06-2025

  • Business
  • Economic Times

3B Films shares to list today. Check GMP ahead of listing

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Vadodara-based plastic packaging film manufacturer 3B Films will list its shares on the 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 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 apieceThe 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 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 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 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 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 comeThe 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.": Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

3B Films shares to list today. Check GMP ahead of listing
3B Films shares to list today. Check GMP ahead of listing

Time of India

time06-06-2025

  • Business
  • Time of India

3B Films shares to list today. Check GMP ahead of listing

Vadodara-based plastic packaging film manufacturer 3B Films will list its shares on the 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)

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