Issue Price
₹69
Per Share
GMP
NIL
Grey Market
Est. Listing
₹69
Expected Price
Min. Application
₹276,000
2 lots × 2000 shares
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.
Three M Paper Boards Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 290,000 | — | ₹2.00 Cr | — |
| TOTAL | 5,772,000 | 100.00% | ₹39.83 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹138,000 |
| Retail (Max) | 13 | 26,000 | ₹1,794,000 |
| sNII (Min) | 14 | 28,000 | ₹1,932,000 |
| bNII (Min) | 68 | 136,000 | ₹9,384,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 27601.56 | 32974.92 | 31600.49 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1134.72 | 661.53 | 327.56 |
| Net Worth | 6110.39 | 4725.67 | 4064.14 |
| Total Assets | 19519.88 | 18942.55 | 18150.44 |
| Reserves & Surplus | 4763.85 | 4070.65 | 3409.12 |
| Total Borrowings | 7264.08 | 8182.40 | 7802.06 |