Issue Date
30 May - 3 Jun'25
Investment/lot
₹ 150000
Price Range
50
Lot Size
3000
IPO Size
₹ 33.75 Cr
Listing On
6 Jun'25
Issue Price
--
Listed Price
₹ 48.5
Retail Gain/Listing Gain
▼-3.00%
Start date
30/05/2025
End date
03/06/2025
Allotment of bids
04/06/2025
Refund Initiation
05/06/2025
Listing on exchange
06/06/2025
3B Films Limited IPO is an IPO of up to 69,70,000 equity shares. It consists of an offer for sale of up to 32,00,000 equity shares and a fresh issue of up to 37,70,000 equity shares. The shares will be allotted on June 4, 2025. The credit of shares to the demat account will take place on June 5, 2025 and the initiation of refunds will take place on June 5, 2025.
Detail | Information |
---|---|
Upper Price Band (₹) | ₹50/share |
Existing Shares to be Sold | Up to 32,00,000 equity shares |
Fresh Issue | Up to 37,70,000 equity shares |
EPS (₹) For the year ended March 31, 2024 | 2.02 |
Flexible packaging adds value and marketability to both food and non-food products by combining the finest qualities of plastic, film, paper, and aluminium foil to provide a wide range of protective properties with the least amount of material. The global flexible packaging market was valued at $19,740 crore in 2022 and is projected to reach $32,580 crore by 2032, growing at a CAGR of 5.1% from 2023 to 2032. The packaging industry stands as the fifth largest industry in India. The government plans to adopt several initiatives that focus on sustainable manufacturing methods, minimising plastic packaging, and the adoption of sustainable materials for the packaging industry. The India Packaging Market was estimated to be worth US$ 5050 crore in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 26.7% to reach US$2,04,810 crore by 2025.
3B Films Limited 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, thus playing a pivotal role in delivering innovative packaging solutions to their clients across a wide array of industries. Their product portfolio includes a broad range of CPP films designed to address the specific needs of various industries, including food and beverage, clothing, flowers, and other consumer goods. From high-clarity films for premium packaging to high-barrier films for extended shelf life, they offer solutions that cater to the evolving demands of the market, as they are presently equipped with a manufacturing facility capable of producing CPP and CPE films spanning a thickness range from 15 to 250 microns.
Advanced Manufacturing Facility.
They boast a fully automated manufacturing facility equipped with 100% imported machinery from Italy and Germany, ensuring high precision and efficiency in the production of CPP and CPE films.
Wide Product Range and Customised Product Offering.
With their imported manufacturing facility, they have the capability to produce various types of CPP and CPE films, catering to a wide range of applications in the packaging industry. Their diverse product portfolio includes clear films, metallised films, specialty films, and high-performance films, offering customers flexibility and choice to meet their specific packaging needs.
Quality Assurance and Quality Control of their Products.
They recognise that quality assurance and quality control are paramount to their success as a manufacturer and supplier of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films, and have therefore implemented a robust Quality Management System (QMS) that encompasses all aspects of their operations, from raw material sourcing to product delivery.
Their business is dependent on the adequate and uninterrupted supply of electrical power and water at a reasonable cost. Their company does not have suitable power back-up to meet power failure exigencies. Failure due to the unavailability of electrical power and water may restrict them from utilising their full capacity and, hence, may impact their business and results of operations.
Their company is dependent on third-party transportation providers for the supply of raw materials and the delivery of their finished products.
The introduction of alternative packaging materials caused by changes in technology or consumer preferences may affect demand for their existing products, which may adversely affect their financial results and business prospects.
Particulars (in Rs. crores)
Particulars (in Rs. crores)
There is no other company engaged in the same business as that of 3B Films IPO.
Anchor Investor Information
IPO Registrar and Book Running Lead Managers
Book running lead managers:
Nirbhay Capital Services Private Limited
Registrar for the IPO is Maashitla Securities Private Limited
The company earns its revenue through manufacturing and supply of CPP and CPE films tailored to meet the diverse needs of the flexible packaging industry and high-end thermoforming applications, thereby playing a pivotal role in delivering innovative packaging solutions to their clients across a wide array of industries.
Their revenues from operations for the fiscal periods that ended 2024, 2023, and 2022 were ₹75.75 crore, ₹71.80 crore, and ₹67.38 crore, respectively. Their EBITDA for the fiscal periods ended 2024, 2023, and 2022 were ₹14.99 crore, ₹9.91 crore, and ₹7.97 crore, respectively. Their profit after tax for the fiscal periods that ended 2024, 2023, and 2022 were ₹4.31 crore, ₹0.92 crore, and ₹0.34 crore, respectively.
Leveraging their domestic presence, they have built enduring relationships with customers, suppliers, and regulatory bodies, fostering trust and loyalty within the market. Beyond their domestic borders, they have successfully expanded into international markets, capitalising on emerging opportunities and leveraging their expertise in the CPP and CPE films industry. Their multi market presence has enabled them to serve a diverse customer base spanning various industries and geographies. They have successfully catered to the needs of customers across regions and countries including the UK, Africa, Sri Lanka, Nepal, Dubai, the United Arab Emirates, and Saudi Arabia.
Parameter | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue from operations (₹ crores) | 67.378 | 71.799 | 75.749 |
Profit Before Tax (₹ crores) | -0.555 | 1.342 | 5.7604 |
Net profit / (loss) (₹ crores) | -0.345 | 0.918 | 4.292 |
EBITDA (₹ crores) | 7.973 | 9.906 | 14.990 |
EPS (₹) | -0.16 | 0.43 | 2.02 |
Parameter | FY22 | FY23 | FY24 |
---|---|---|---|
Profit before tax (₹crores) | -0.555 | 1.342 | 5.760 |
Net Cash from Operating Activities (₹ crores) | (3.205) | 3.326 | 1.639 |
Net Cash from Investing Activities (₹ crores) | 0.099 | (0.848) | (2.982) |
Net Cash from Financing Activities (₹ crores) | 6.299 | (5.539) | 1.768 |
Cash and Cash Equivalents (₹ crores) | 3.582 | 0.521 | 0.945 |
You can check the allotment status of shares either on the website of the Bomaby Stock Exchange (BSE) or on the website of the registrar Maashitla Securities Private Limited.
Follow these steps to know the allotment status on the registrar’s website:
To apply for this IPO:
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
3B Films IPO will list on 2025-06-06.
33.75 is the issue size of 3B Films IPO.
The minimum lot size is 3000 shares and the investment required is ₹150000.
The price band of 3B Films IPO is ₹50 to ₹0.
You can read more about 3B Films and its IPO from the company’s red herring prospectus (RHP) here.
The 3B Films Limited IPO has an issue size of up to 69,70,000 equity shares. The IPO opens for subscription on 30th May'25 and closes on 3rd Jun'25.
Maashitla Securities Private Limited is the registrar for this IPO.
You may read more about 3B Films Limited and its IPO from the company’s draft red herring prospectus (DRHP) here.