3B Films IPO

About 3B Films IPO

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.

Objective of 3B Films IPO

• To meet capital expenditure.
• To meet working capital requirements.
• To meet general corporate purposes.

Industry Outlook

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.

Company Information

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.

Risks of 3B Films IPO

• 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.

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

Business Model

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.

Company Growth Trajectory

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.

Company Market Position

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.

How To Check Allotment Status of 3B Films IPO?

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.

To check the status on the BSE website:

• Visit the BSE website
• Click on “Investor Services” and choose “Application Status Check”
• Choose the issue type — Equity or Debt (Equity in this case)
• Select the Issue Name from the drop-down. The issue name is the company’s name, which is 3B Films Limited
• Enter your application number or PAN number
• Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status

Follow these steps to know the allotment status on the registrar’s website:

• Visit the Maashitla Securities Private Limited website
• Choose “Public Issues” from the “Investor Services” drop-down
• Select 3B Films Limited from the drop-down
• Enter your PAN number or Application number
• Click on “Submit” to know the allotment status

How to Apply for Dr Agarwal’s Health Care IPO?

To apply for this IPO:

• Step 1: Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section
• Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for
• Step 3: Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange
• Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds
• Step 5: Approve Request: Your funds will be blocked once you approve the mandate request on your UPI