Three M Paper Boards IPO

Listed Listed stocks

Three M Paper Boards IPO Details

  • Bidding Date

    12-Jul-2024 to
    16-Jul-2024

  • Issue Size

    ₹39.83 Cr

  • Price Band

    ₹67 to ₹69

  • Allotment date

    18-Jul-2024

  • Listing date

    22-Jul-2024

  • Lot size

    2000

  • No. of shares

    57,72,000

  • Fresh issue/OFS

    ₹39.83 Cr /--

About Three M Paper Boards Company

Three M Paper Boards Limited (TMPBL), founded in July 1989, specializes in manufacturing recycled paper-based Duplex Board products. These products are widely used in packaging applications across various industries, including food and beverage, pharmaceuticals, cosmetics, and consumer goods. The company emphasizes sustainability, utilizing 100% recycled waste paper to produce biodegradable products. Its focus on innovation extends to both product development and manufacturing processes. TMPBL's headquarters is located in Mumbai, with its state-of-the-art manufacturing facility in Chiplun, Ratnagiri, Maharashtra. This facility, situated on 20 acres of leasehold land and connected to a broad-gauge railway line, had a total manufacturing capacity of 72,000 metric tons per annum (TPA) as of FY 2023–24. The company plans to expand its production capacity by setting up a new 400 TPD Duplex Machine, with an estimated project cost of INR 400 Crore, funded through debt, internal accruals, and equity participation.

Subscription Status

  • Category

    Status

  • QIBs

    79.4x

  • NIIs

    210.8x

  • Retail

    175.2x

  • Others

    --

  • Total

    159.4x

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FAQs for Three M Paper Boards IPO.

The issue size of Three M Paper Boards is ₹39.83 Cr.

Three M Paper Boards falls into Other Materials industry.

The Three M Paper Boards IPO will be listed on NSE.

The open and close dates for the Three M Paper Boards are 12-Jul-2024 & 16-Jul-2024.

The price band for the Three M Paper Boards ipo is ₹67 to ₹69

The listing date of Three M Paper Boards IPO is 22-Jul-2024.

The purpose of this IPO is to raise fresh capital.

Three M Paper Boards total subscription ratio is 159.4X.

Key financial of the Three M Paper Boards are:


Three M Paper Boards FY-24 FY-23 FY-22
Revenue (₹ Cr) 272.23 327.25 312.9
EBIT (₹ Cr) 16.67 13.12 8.82
Proft after Tax (₹ Cr) 11.26 6.62 3.28
Debt (₹ Cr) 72.64 81.82 78.02
Net Worth (₹ Cr) 60.85 47.26 40.64
RoE (%) 18.51 14 8.06