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Open
12 Jul 2024
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Close
16 Jul 2024
3
Allotment
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Listing
Mon, Jul 22, 2024
Price Band
₹67 to ₹69
Issue Size
57,72,000 shares (agg. up to ₹40 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Jul 22, 2024
Latest GMP
₹30
Est. Gain
43.48%
✦ AI Insight
GMP Trend
22-07-2024₹30Est. ₹99+43.48%
21-07-2024₹30Est. ₹99+43.48%
20-07-2024₹34Est. ₹103+49.28%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 120.49x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 195.20 | 189.43 | 181.50 | 142.26 |
| Total Income | 276.02 | 329.75 | 316.00 | 165.52 |
| Profit After Tax | 11.35 | 6.62 | 3.28 | 1.73 |
| NET Worth | 61.10 | 47.26 | 40.64 | 37.37 |
| Reserves and Surplus | 47.64 | 40.71 | 34.09 | 30.82 |
| Total Borrowing | 72.64 | 81.82 | 78.02 | 53.53 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure for installation of new machinery, modernisation of certain processes under existing manufacturing facility and installation of plastic fired low pressure boiler; | 14.00 |
| 2 | Funding working capital requirements of the Company; and | 10.00 |
| 3 | Prepayment or repayment of all or a portion of outstanding borrowing availed by the Company; | 7.00 |
| 4 | General corporate purposes | 1.39 |
About Three M Paper Boards IPO
Founded in July 1989, Three M Paper Boards Limited manufactures high-quality recycled paper-based Duplex Board products for packaging applications across various industries, including food and beverage, pharmaceuticals, cosmetics, and consumer goods. The company supplies its products in both domestic and international markets. The company is based in Mumbai, with a manufacturing facility in Chiplun, Dist. Ratnagiri, Maharashtra. It has a manufacturing capacity of 72,000 TPA of paper as of FY 2022-23. The company has about 25 dealers spread across India, ensuring our presence nationwide with a strong distribution network. The company specialize in manufacturing recycled paper-based Duplex Board products for packaging in industries like food, beverage, pharmaceuticals, cosmetics, and consumer goods, catering to both domestic and international markets. The company shipped its products to over 15 countries in the Asia-Pacific, Middle East, the Mediterranean, and African regions. This shows that TMP's high-quality products meet global standards. As of February 2024, the company employs 231 employees in various departments.+ Read More
Contact Details
Three M Paper Boards Ltd. AddressA33 & 34, Floor-2, Royal Industrial Estate5-B Naigaon Cross RoadWadalaMumbai, Maharashtra, 400031+91 22 6812 5757compliance@threempaper.comVisit Website