58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Three M Paper Boards Limited IPO (Three M Paper Boards IPO) Detail

Three M Paper Boards IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Packaging & Disposables sector. Comfort Securities Private is the merchant banker of Three M Paper Boards IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th March 2024.

Three M Paper Boards IPO open date is 12th July 2024 and close date is 16th July 2024. IPO Allotment Date is 18th July 2024 and Listing date is 22nd July 2024.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

Three M Paper Boards IPO Date

Date of DRHP:
30th March 2024
IPO Allotment Date:
18th July 2024
IPO Open Date:
12th July 2024
Initiation of Refund:
19th July 2024
IPO Closing Date:
16th July 2024
IPO Listing Date:
22nd July 2024

Three M IPO Info, Size, Subscription

Three M Paper Boards IPO size is Rs 39.83 Cr. crores with IPO price of Rs 69.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 39.83 Cr.

Issue Price:
₹ 69.00

Market Capitalisation :
₹ 132.74 Cr.

PE multiple :
11.70

Subscription :
171.33 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
70.00%

Three M Paper Boards IPO Information

Sub Sector : Manufactures high-quality recycled paper-based Duplex Board products for packaging
Three M Paper Boards Limited specializes in manufacturing recycled paper-based Duplex Board products used for various packaging applications in industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods. It supplies high-quality duplex board paper products in both domestic and international markets, made from 100 percent recycled waste paper and completely biodegradable. The company focuses on consistent innovation in product development and manufacturing processes. Headquartered in Mumbai, with its manufacturing facility in Chiplun, Dist. Ratnagiri, Maharashtra, the company had a total manufacturing capacity of 72,000 TPA paper at the end of FY 2022.

Object of Issue (Three M IPO Objectives)

  • Capital expenditure for installation of new machinery, modernisation of certain processes under existing manufacturing facility and installation of plastic fired low pressure boiler
  • Funding long-term working capital requirements of the Company
  • Prepayment or repayment of all or a portion of outstanding borrowing availed by the Company
  • General Corporate Purposes

Comfort Securities Private Limited is the book-running lead manager of the Three M Paper Boards IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Comfort Securities Ltd. for Three M Paper Boards IPO.

Three M IPO Market Maker

Comfort Securities Ltd.

Three M IPO Registrar (RTA)

Bigshare Services Private Limited

Three M IPO Lead Manager (BRLM)

Comfort Securities Private Limited

Three M Paper Boards IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.

Anchor Investors in Three M IPO

No. of Anchor Investors: 7

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Next Orbit Growth 240,000.00 ₹69.00 ₹16,560,000.00
TGISME Fund 146,000.00 ₹69.00 ₹10,074,000.00
Vikasa India EIF 146,000.00 ₹69.00 ₹10,074,000.00
Imvesta Growth Scheme 240,000.00 ₹69.00 ₹16,560,000.00
Next Orbit Ventures 240,000.00 ₹69.00 ₹16,560,000.00
Saint Capital Fund 484,000.00 ₹69.00 ₹33,396,000.00
Minerva Emerging Opportunities 240,000.00 ₹69.00 ₹16,560,000.00

Three M Paper Boards IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Three M Paper Boards IPO?

Three M Paper Boards IPO, based in Mumbai, operates in the   Packaging & Disposables sector with a focus on Manufactures high-quality recycled paper-based Duplex Board products for packaging. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Three M Paper Boards IPO size is ₹ 39.83 Cr. Crores with fresh issue size of Rs 39.83 Cr. Crores and Offer for sale being Nil.

When is Three M IPO allotment?

The IPO allotment date for Three M Paper Boards IPO is expected to be 18th July 2024, after the finalization of basis of allotment. Investors can check Three M Paper Boards IPO allotment status on the registrars website, Bigshare Services Private Limited. Three M Paper Boards IPO refund dates are 19th July 2024.

When is Three M Paper Boards IPO listing date?

Three M Paper Boards IPO is expected to be listed on 22nd July 2024.

What is the price band for Three M IPO?

The upper price band for the Three M Paper Boards IPO is set at ₹ 69.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Three M Paper Boards IPO Review?

For IPO analysis on Three M Paper Boards IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Three M Paper Boards IPO?

To apply for the Three M Paper Boards IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 16th July 2024. After submission, funds are blocked until the basis of allotment of Three M Paper Boards IPO is finalised.

Who is the merchant banker of Three M IPO?

The merchant banker for Three M Paper Boards IPO is Comfort Securities Private Limited . Comfort Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Three M Paper Boards IPO RHP for further details.

Who is the Registrar of Three M Paper Boards IPO?

The registrar for Three M Paper Boards IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Three M Paper Boards IPO through their official website or helpline.

What is the Three M Paper Boards IPO subscription?

Three M Paper Boards IPO was subscribed 171.33 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 39.83 Cr. Avg IPO Size (Sector Based) : ₹ 12.58 Cr.
  • Sector: Packaging & Disposables SME IPO so far: 29
  • Merchant Banker: Comfort Securities SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 276.02 cr.
            PAT: (annualised): ₹ 11.35 cr.
  • PE Ratio: 11.70x Average Sector PE Ratio: 16.10x
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FAQs

Three M Paper Boards IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Three M Paper Boards Financial Review Page

Three M Paper Boards IPO subscription was 171.33 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Three M Paper Boards IPO listed at a listing price of 79.80 against the offer price of 69.00.

The current market price of Three M Paper Boards is 39.14.

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