3B Films IPO on 30 May

What is the last grey market premium of 3B Films  IPO?

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Listing Review: Will update on listing.

Subscription status of 3B Films IPO

3B Films IPO
(Day 1)

Price Rs.50  Lot 3000 shares, Rs.  Crore

QIB NII x RII x Total x Applications
         
Note:

3B Films IPO Allotment Link: 

 

 

What is the business of 3B Films?

Incorporated in 2014 and headquartered in Vadodara, Gujarat, 3B Films Limited is a fast-growing manufacturer and supplier of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films. These high-performance films are widely used in flexible packaging and thermoforming applications, serving industries that demand innovation, clarity, and durability.

A Diverse and Innovative Product Range

The company’s product portfolio includes a wide variety of specialty films, such as:
  • Transparent, Metallized, and White Opaque Films
  • Retort, Anti-Fog, Easy-Peel, and EVOH Films
Through continuous R&D and the use of advanced manufacturing technology, 3B Films delivers customized packaging solutions tailored to meet evolving global market needs.

Strong Foundation and Global Reach

As part of the 3B Group, the company places a strong emphasis on research and development, driving innovation in specialty films for industries like food packaging, FMCG, electronics, and industrial applications.Building on its early success, 3B Films invested in state-of-the-art imported machinery, doubling its production capacity to 750 metric tons per month (9,000 MT annually). The installation of a Machine Direction Orientation (MDO) unit has further expanded its product capabilities, enabling the company to offer thinner, stronger, and more sustainable film solutions.

Export Presence

3B Films has steadily expanded its global footprint, exporting to Dubai, Nepal, Sri Lanka, and several African countries, with plans to enter new international markets.

Product Highlights

1. Cast Polypropylene (CPP) Films

Produced by blending polypropylene polymers, CPP films offer:

  • High clarity and gloss

  • Excellent sealing strength

  • Durability and moisture resistance

Ideal for specialty packaging such as candy wraps, snack packs, and food sealing applications.

2. Cast Polyethylene (CPE) Films

These co-extruded polyethylene films provide:

  • Superb cold resistance and toughness

  • Exceptional clarity and flexibility

Widely used in pouching, overwrapping, rice packaging, and electronics protection.


With a commitment to quality, innovation, and global standards, 3B Films Limited continues to lead in delivering high-performance packaging materials that cater to the demands of tomorrow’s markets.

Get more information about the company @ 3B Films Ltd.

3B Films IPO Details

3B Films IPO Details

IPO opens on  30 May 2025
IPO closes on  3 May 2025
Issue Type Book Built Issue IPO
Issue Size 67,50,000 Shares /
Rs 33.75 Crore
* Fresh Issue 35,52000 Shares /
Rs 15.94 Crore
* Offer for Sale – 31,98,000 Shares/
Rs. 15.99 Crore
Market Maker Portion 342000 Shares
Net offer to Public 6408,000 Shares
Rs.32.04 Crores
Face Value per share Rs. 10
Price Band Rs. 115-122
Employee discount  Rs. 0 per share
Retail Lot Size  1000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (0%)  
HNI (50%) 3204000 16.02
RII  (50%) 3204000 16.02
Total Shares  6408000 32.04
Retail portion will be
oversubscribed by 
1068
Forms
How much Shares to Apply in this IPO?
Min Retail Application 3000 Shares Rs.150000
Min HNI Application  6000 Shares Rs. 300000

Who are the Promoters of 3B Films?

Ashokbhai Dhanjibhai Babariya, Mukesh Dhanjibhai Babariya, Gulabben Nitin Babariya, and Dishank Nitin Babariya are the promoters of the company.

What are the Objects of 3B Films IPO?

Capital expenditure  Rs. 4.43 crore approx.
Funding Working Capital Requirement Rs. 7.15 crore
General Corporate purposes

Tentative timetable

IPO opens on 30 May 2025
IPO Closes on 3 June 2025
IPO Allotment on  4 June 2025
Refund Initiation  5 June 2025
Credit of Shares 5 June 2025
Listing on 6 June 2025
Registered Office of the Company
3B Films Limited
SF 220, Pancham Icon,
Besides D-Mart,
Vasna Road
Vadodara 390007
Gujarati
The Lead Manager of this IPO
Nirbhay Cpaital Services. Ltd

Who is the Registrar to IPO?

Maashitla Securities Pvt ltd

3B Films IPO GMP grey market premium, review, Subscription, allotment, listing estimate

3B Films Financials

Period Ended 31-Jul-24 31-Mar-24 31-Mar-23 31-Mar-22
Assets 140.18 144.84 133.04 130.74
Revenue 16.31 76.4 72.82 68.07
Profit After Tax 1.63 4.29 0.92 -0.34
Net Worth 32.54 30.91 26.6 25.67
Reserves and Surplus 11.33 9.7 5.41 4.49
Total Borrowing 96.43 106.55 98.56 99.33
Amount in Rs. Crore

 

Performance Indicators

KPI Values
ROE 14.91%
ROCE 8.64%
Debt/Equity 3.45
RoNW 13.88%
PAT Margin 5.67
EPS Rs.
PE Ratio ?

 

How 3B Films IPO compares with the Peers?
No listed peer company, as per the management.

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

3B Films IPO Review by Paresh Gordhandas, CA & Research Analyst.

Incorporated in 2014 and headquartered in Vadodara, Gujarat, 3B Films Limited is a fast-growing manufacturer and supplier of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films. These high-performance films are widely used in flexible packaging and thermoforming applications, serving industries that demand innovation, clarity, and durability.

3B Films has steadily expanded its global footprint, exporting to Dubai, Nepal, Sri Lanka, and several African countries, with plans to enter new international markets.

In FY 2021–22, the company reported a net loss of Rs.34 lakhs. However, in the year immediately preceding its IPO, it posted a sharp turnaround with a net profit of Rs.4.29 crores. This significant swing in profitability warrants closer examination, as such abrupt improvements in the bottom line may raise concerns about the sustainability and consistency of financial performance.

As of March 31, 2024, the company’s inventory stood at Rs.49.83 crores, equivalent to 181 days of sales. This level of inventory is notably high and may indicate potential inefficiencies in inventory management or reflect challenges related to demand forecasting, sales velocity, or working capital discipline.

+ from fundamental angle: So-So 

+ from grey market angle: 

Quicklinks


 
3B Films IPO

 
3B Films IPO