Three M Paper Boards Ltd
Price Range
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Min. investment
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Three M Paper Boards Ltd IPO Timeline
Led by the Founder Promoter, Mr. Hitendra Dhanji Shah; Three M Paper Boards Limited was incorporated as 'Three-M-Paper Manufacturing Company Private Limited' at Mumbai as a Private Limited Company, dated July 26, 1989, issued by the RoC. Thereafter, the name of the Company changed from 'Three-M-Paper Manufacturing Company Private Limited' to 'Three-M-Paper Manufacturing Company Limited' on July 01, 1998. Pursuant to re-conversion of the Company from Public to Private, the name of Company was changed from 'Three-M-Paper Manufacturing Company Limited' to 'Three-M-Paper Manufacturing Company Private Limited' and a fresh Certificate of Incorporation was issued on October 05, 1999.
| Event | Date |
|---|---|
| Three M Paper Boards Ltd IPO Opening Date | 12 July 2024 |
| Three M Paper Boards Ltd IPO Closing Date | 16 July 2024 |
| Basis of Allotment | 18 July 2024 |
| Initiation of Refunds | 19 July 2024 |
| Credit of Shares to Demat | 19 July 2024 |
| Three M Paper Boards Ltd IPO Listing Date | 22 July 2024 |
Three M Paper Boards Ltd IPO Details
| Three M Paper Boards Ltd IPO Date | - |
| Three M Paper Boards Ltd IPO Face Value | - |
| Three M Paper Boards Ltd IPO Price | - |
| Three M Paper Boards Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Hitendra Dhanji Shah, Prafulla Hitendra Shah, Rushabha Hitendra Shah |
Three M Paper Boards Ltd IPO Lot Size
The Three M Paper Boards Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- 34-year-old strong brand in Duplex Paper.
- Experienced promoters and a proven track record.
- Diversified product portfolio focused on various consumer segments and markets.
- Plan to utilize waste for power generation for captive use.
- Extensive network connecting diverse customers and dealers alongside collaborations with raw material suppliers.
- Effective procurement and supply chain management through bulk purchasing, leveraging economies of scale, and strategic importation, enhancing cost efficiency and competitiveness.
- Consistent track record of profitable growth and strong financial performance.
- The company uses 100% waste paper as raw material in the manufacturing process.
- Its products are used in FMCG and pharmaceutical sectors that are non-cyclical in nature
Company Financials
Three M Paper Boards Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 195.2 | 276.02 | 11.35 |
| 03-2023 | 189.43 | 329.75 | 6.62 |
| 03-2022 | 181.5 | 316 | 3.28 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment or repayment of all or a portion of outstanding availed by the company
- Capital expenditure for installation of new machinery modernisation of certain process under existing mfg facility and installation of plastic fired low presure boiler
- Funding long-term working capital requirements of the company
- General corporate purposes
Three M Paper Boards Ltd IPO Promoter Holding
| Pre Issue Share Holding | 67.84% |
| Post Issue Share Holding | 47.48% |
Three M Paper Boards Ltd IPO Subscription Status (Bidding Detail)
The Three M Paper Boards Ltd IPO is subscribed 0 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Three M Paper Boards Ltd IPO Prospectus
Three M Paper Boards Ltd IPO Listing Date
| BSE Script | 544214 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0UK501010 |
| IPO Price | ₹69 |
| Face Value | ₹10 |
Company Contact Information
A33 & 34 2nd FloorRoyal Industrial Estate Wadala,Mumbai-400031
Phone: +91-22-6812 5757
Email: compliance@threempaper.com
Website: www.threempaper.com
Three M Paper Boards Ltd IPO Registrar
Three M Paper Boards Ltd IPO Lead Manager(s)
- Comfort Securities Ltd
FAQ
What is the issue size of Three M Paper Boards Ltd IPO?
I have pre-applied for Three M Paper Boards Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.