Three M Paper IPO description – Incorporated in 1989, Three M Paper Boards manufactures recycled paper-based duplex board products for various packaging applications across industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods. The company supplies its high-quality duplex board paper products to 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.
Three M Paper Boards has about 25 dealers across India, ensuring a nationwide presence with a strong distribution network. The company ships its products to over 15 countries in the Asia-Pacific, Middle East, Mediterranean, and African regions. This demonstrates that TMP’s high-quality products meet global standards.
Promoters of Three M Paper Boards – Mr. Hitendra Dhanji Shah, Mrs. Prafulla Hitendra Shah & Mr. Rushabh Hitendra Shah
Three M Paper IPO Details
| Three M Paper IPO Dates | 12 – 16 July 2024 |
| Three M Paper Issue Price | INR 67 – 69 per share |
| Fresh issue | 57,72,000 shares (INR 38.67 – 39.83 crore) |
| Offer For Sale | NIL |
| Total IPO size | 57,72,000 shares (INR 38.67 – 39.83 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,38,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Three M Paper Boards Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 165.09 | 312.90 | 327.25 | 131.13 |
| Expenses | 163.18 | 311.41 | 323.77 | 127.31 |
| Net income | 1.73 | 3.28 | 6.62 | 6.02 |
Three M Paper Boards Offer News
Three M Paper Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.28 | 2.43 | 4.91 |
| PE ratio | – | – | 13.64 – 14.04 |
| RONW (%) | 4.62 | 8.06 | 14.00 |
| NAV | 27.75 | 30.18 | 35.10 |
| ROCE (%) | 8.48 | 8.43 | 10.69 |
| EBITDA (%) | 8.82 | 5.61 | 6.62 |
| Debt/Equity | 1.43 | 1.92 | 1.73 |
Three M Paper IPO GMP Today
Three M Paper IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Three M Paper IPO Allotment Status
Three M Paper IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Three M Paper IPO Dates & Listing Performance
| IPO Opening Date | 12 July 2024 |
| IPO Closing Date | 16 July 2024 |
| Finalization of Basis of Allotment | 18 July 2024 |
| Initiation of refunds | 19 July 2024 |
| Transfer of shares to demat accounts | 19 July 2024 |
| IPO Listing Date | 22 July 2024 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Three M Paper Offer Lead Manager
COMFORT SECURITIES LIMITED
A Wing, Hetal Arch, Malad West,
Mumbai – 400064, Maharashtra, India
Phone: +91 22 6894 8500
Email: [email protected]
Website:Â www.comfortsecurities.co.in
Three M Paper Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email: [email protected]
Website:Â www.bigshareonline.com
THREE M PAPER BOARDS LIMITED
A33 & 34, Floor-2, Royal Industrial Estate,
Wadala, Mumbai-400031, Maharashtra
Phone: +91 22-6812 5757
E-mail: [email protected]
Website: www.threempaper.com
Three M Paper Boards IPO FAQs
What is the Three M Paper offer size?
Three M Paper offer size is INR 38.67 – 39.83 crores.
What is the Three M Paper offer price band?
Three M Paper public offer price is INR 67 – 69 per share.
What is the lot size of the Three M Paper IPO?
Three M Paper offer a lot size is 2,000 shares.
What is Three M Paper IPO GMP today?
Three M Paper IPO GMP today is INR NA per share.
What is the Three M Paper kostak rate today?
Three M Paper kostak rate today is INR NA per application.
What is Three M Paper Subject to the Sauda rate today?
Three M Paper is Subject to the Sauda rate today is INR NA per application.
