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Three M Paper Boards Limited

Three M Paper Boards Limited, established in 1989, is a leading manufacturer of high-quality recycled paper-based Duplex Board products catering to industries like food and beverage, pharmaceuticals, cosmetics, and consumer goods. Headquartered in Mumbai, the company operates a manufacturing facility in Chiplun, Maharashtra, with a production capacity of 72,000 TPA as of FY 2022-23. With a strong distribution network of 25 dealers across India, Three M Paper Boards also exports to over 15 countries in the Asia-Pacific, Middle East, Mediterranean, and Africa. As of February 2024, the company employs 231 individuals, reinforcing its position as a key player in the packaging industry.

₹67 - ₹69171.41x sub
Listed Price76.00
Listing Gain+10.14%
TimelineBookbuilding IPO
Open12 Jul 2024
Close16 Jul 2024
Allotment18 Jul 2024
Listing22 Jul 2024

Quota Reservation Portions

RetailPortion: 19,20,000 shares
33.26%
Nii (hni) Portion: 8,24,000 shares
14.28%
AnchorPortion: 16,42,000 shares
28.45%
QIBPortion: 10,96,000 shares
18.99%
Market MakerPortion: 2,90,000 shares
5.02%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,38,000
HNI2 lots / 4,000 shares
₹2,76,000

About the Company

Three M Paper Boards Limited, established in 1989, is a leading manufacturer of high-quality recycled paper-based Duplex Board products catering to industries like food and beverage, pharmaceuticals, cosmetics, and consumer goods. Headquartered in Mumbai, the company operates a manufacturing facility in Chiplun, Maharashtra, with a production capacity of 72,000 TPA as of FY 2022-23. With a strong distribution network of 25 dealers across India, Three M Paper Boards also exports to over 15 countries in the Asia-Pacific, Middle East, Mediterranean, and Africa. As of February 2024, the company employs 231 individuals, reinforcing its position as a key player in the packaging industry.

Company Promoters

Mr. Hitendra Dhanji ShahMrs. Prafulla Hitendra ShahMr. Rushabh Hitendra Shah