Last updated on July 22, 2024
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
Table of Contents
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 2022 | FY 2023 | FY 2024 |
| Revenue | 312.90 | 327.25 | 272.23 |
| Expenses | 311.41 | 323.77 | 263.03 |
| Net income | 3.28 | 6.62 | 11.35 |
Three M Paper Boards Offer News
- Three M Paper RHP
- Three M Paper Addendum to DRHP
- Three M Paper Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Three M Paper Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 2.50 | 5.05 | 8.60 |
| PE ratio | – | – | 7.79 – 8.02 |
| RONW (%) | 8.06 | 14.00 | 18.51 |
| NAV | 31.02 | 36.07 | 45.38 |
| ROCE (%) | 12.93 | 15.44 | 19.71 |
| EBITDA (%) | 5.55 | 6.57 | 9.94 |
| Debt/Equity | 1.92 | 1.73 | 1.19 |
Three M Paper IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 July 2024 | 35 | – | 55,000 |
| 19 July 2024 | 40 | – | 61,000 |
| 18 July 2024 | 40 | – | 61,500 |
| 17 July 2024 | 37 | – | 55,000 |
| 16 July 2024 | 33 | – | 50,000 |
| 15 July 2024 | 33 | – | 50,000 |
| 12 July 2024 | 27 | – | 45,000 |
| 10 July 2024 | 15 | – | 18,000 |
Three M Paper IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 10,96,000 | 8,24,000 | 19,20,000 | 38,40,000 |
| 16 Jul 2024 | 79.37 | 285.02 | 175.17 | 171.40 |
| 15 Jul 2024 | 0.01 | 35.34 | 55.11 | 35.14 |
| 12 Jul 2024 | 0.00 | 7.14 | 12.98 | 8.02 |
The market maker reservation portion of 37,46,000 shares and anchor allocation of 16,42,000 shares are not included in the above calculations.
Three M Paper IPO Allotment Status
Three M Paper IPO allotment status is now 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 | INR 76 per share (up 10.14%) |
| Closing Price on BSE SME | INR 79.80 per share (up 15.65%) |
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:Â [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:Â [email protected]
Website:Â www.bigshareonline.com
Three M Paper Issue Contact Details
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 35 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 55,000 per application.
