3B Films Ltd. was incorporated on September 3, 2014. The company manufactures Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films used in food, FMCG, and non-food packaging. The company also trades adhesive laminated films and plans to begin in-house production. Its modern facility in Vadodara, Gujarat, uses imported machinery and caters to a wide range of packaging applications
| Bidding Dates |
|---|
| 30 May 2025 - 03 Jun 2025 |
| Subscription |
|---|
| 1.76x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,50,000 | 1 | 1 | 3000 | 6.8 M | ₹50 | 69.97 % | ₹337.5 M | RHP DOC |
3B Films IPO SUBSCRIPTION STATUS
03 Jun '253B Films IPO overall subscription rate was 1.76 times the total available shares
3B Films IPO retail subscription rate was 2.61 times in the retail segment
3B Films IPO non-institutional investor subscription rate was 0.91 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
03 Jun 2025 (Day 3) | 2.61x | 0.91x | - |
02 Jun 2025 (Day 2) | 1.83x | 0.82x | - |
30 May 2025 (Day 1) | 0.91x | 0.73x | - |
3B Films FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY25 | 4.2 | 56.8 | 13.8 | 9.3 | 21.1% |
| FY24 | 4.3 | 75.7 | 1.6 | -1.3 | 19.8% |
| FY23 | 0.9 | 71.8 | 3.3 | 2.5 | 13.8% |
| FY22 | -0.3 | 67.4 | -3.2 | -3.6 | 11.8% |
3B Films IPO SUBSCRIPTION STATUS DETAILS
3B Films had 6.8 M shares on offer
3B Films IPO offer price was ₹50
3B Films IPO minimum Investment was ₹150000
3B Films IPO issue size was ₹ 337.5 M
3B Films had a minimum lot size of 3000 Shares per application
3B Films NUMBER OF SHARES ON OFFER
3B Films IPO IMPORTANT DATES
| Issue Open Date | 30 May 2025 |
| Issue close Date | 03 Jun 2025 |
| Allotment Date | 04 Jun 2025 |
| Refund Date | 05 Jun 2025 |
| Demat Account Credit Date | 05 Jun 2025 |
| Listing Date | 06 Jun 2025 |
| Listing on Exchange(s) | BSE |
| 3B Films Allotment Status | Exchange/ Registrar |
3B Films IPO subscription opened on 30 May 2025, and closed on 03 Jun 2025
IPO allotment for 3B Films was finalized on Wednesday, 04 Jun 2025
IPO listing for 3B Films was on BSE on Friday, 06 Jun 2025
3B Films IPO LISTING GAINS
| Issue Price (adjusted) | 50.0 |
| Listing Open Price | 48.5 |
| Listing Close Price | 46.1 |
| Listing Gain% | -3.0% |
| Current Gain% | -73.0% |
3B Films Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3B Films Ltd. | 13.5 | 33.4 | 20.5 | -0.3 | 0.5 | 3.5 | 1 | 62 | -27.8 | 1.8 | -63.5 | 0.7 | -67.7 |
| Garware Hi-Tech Films Ltd. | 7000 | 16262.7 | 41.9 | 2.2 | 7.2 | 12.7 | 11.2 | 2185 | 1 | 338.2 | 2.1 | 166.9 | 19 |
| EPL Ltd. | 229.5 | 7352.5 | 18.9 | 2.3 | 1.5 | 13.6 | 7.9 | 4806.5 | 12.9 | 388.9 | 8.3 | 12.1 | 8.3 |
| AGI Greenpac Ltd. | 719.4 | 4654.7 | 12.9 | 3.2 | 1.7 | 14.6 | 9.9 | 2760.4 | 6 | 351.7 | 9.1 | 56 | 4.1 |
| Polyplex Corporation Ltd. | 1201 | 3770.2 | 83.9 | -1.1 | 0.5 | 1.1 | 0.5 | 7173.4 | 2.8 | 45 | -78.5 | 14.3 | -78.5 |
| Uflex Ltd. | 492.9 | 3559.3 | 11.2 | 0.1 | 0.2 | 3.9 | 1.4 | 15513 | 2.1 | 317.1 | 122.8 | 43.9 | 122.7 |
3B Films INFORMATION ON IPO ISSUE
About 3B Films
3B Films Ltd. was incorporated on September 3, 2014. The company manufactures Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films used in food, FMCG, and non-food packaging. The company also trades adhesive laminated films and plans to begin in-house production. Its modern facility in Vadodara, Gujarat, uses imported machinery and caters to a wide range of packaging applications
Object of the Issue
- To meet the capital expenditure requirements
- To meet our working capital needs
- To meet general corporate purposes
- To meet fresh offer related expenses
3B Films - PROMOTERS
| Name |
|---|
| Ashokbhai Dhanjibhai Babariya |
| Mukesh Dhanjibhai Babariya |
| Dishank Nitin Babariya |
| Gulabben Nitin Babariya |
3B Films Lead Manager
Nirbhay Capital Services Private Limited
kunjal@nirbhaycapital.com
3B Films Registrar to the issue
Maashitla Securities Private Limited
ipo@maashitla.com
3B Films Strengths
Diverse product portfolio
The company offers a wide range of CPP and CPE films, including clear, metallized, specialty, and high-performance variants. With advanced manufacturing capabilities and a customer-centric approach, it delivers tailored packaging solutions across global markets
Strong quality control
The company maintains a robust Quality Management System to ensure product excellence from raw material sourcing to delivery. It performs in-process checks and utilizes in-house laboratories to meet customer-specific and international quality standards
R&D driven innovation
The company emphasises continuous innovation through in-house R&D facilities. It explores new materials, technologies, and processes to enhance product offerings and production efficiency. By collaborating with customers to understand their needs, the company develops customised solutions that improve satisfaction and strengthen its competitive edge
3B Films Risks
Third-party dependency
The company relies significantly on third-party transport providers to source raw materials and deliver finished products. While it operates a limited number of its own vehicles, a large share of deliveries depends on external transportation. This exposes the company to delays, losses, or damage in transit due to accidents or natural disasters
Power and water reliance
The company’s operations are heavily dependent on the uninterrupted and cost-effective supply of electricity and water. Currently, it sources power from the state electricity board with no backup systems like generators or UPS and water used in manufacturing is sourced from a borewell. Any disruption in availability could hamper production and operations.
Lack of long-term contracts
The company does not have long-term agreements with its customers and operates primarily on a purchase order basis. This creates revenue uncertainty as customers can reduce, delay, or cancel orders without notice
IPO FAQs
This IPO consists of an offer for sale of up to Rs 16.0 crore, of 3,198,000 shares. It also consists of a fresh issue of Rs 17.8 crore.
The promoters of the company are Ashokbhai Dhanjibhai Babariya, Mukesh Dhanjibhai Babariya, Dishank Nitin Babariya and Gulabben Nitin Babariya.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 50.0 - 50.0.
The IPO application opens on May 30, 2025 and closes on Jun 03, 2025.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 150,000.0, the maximum value for this IPO is Rs 150,000.0.
This IPO will be allotted on Jun 04, 2025.
The refund will be credited to your account on Jun 05, 2025.
The allotted shares will be credited to your demat on Jun 05, 2025.
3B Films Ltd.’s shares listed on the stock exchanges on Jun 06, 2025.