3B Films IPO Details

Fixed Price IPO | ₹34 Cr | Listed at BSE SME | Fri, May 30, 2025 - Tue, Jun 3, 2025

3B Films IPO Logo

3B Films IPO is a fixed price issue of ₹33.75 crores. The issue is a combination of fresh issue of 0.36 crore shares aggregating to ₹17.76 crores and offer for sale of 0.32 crore shares aggregating to ₹15.99 crores.

3B Films IPO bidding started from May 30, 2025 and ended on Jun 3, 2025. The allotment for 3B Films IPO was finalized on Jun 4, 2025. The shares got listed on BSE SME on Jun 6, 2025.

3B Films IPO price is ₹50 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹3,00,000.

Nirbhay Capital Services Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..

Refer to 3B Films IPO RHP for detailed Information.

IPO Open

Fri, May 30, 2025

IPO Close

Tue, Jun 3, 2025

Issue Price

₹50 per share

Market Cap (Pre-IPO)

₹123.86 Cr

IPO Details

IPO Date30 May to 3 Jun, 2025
Listed onFri, Jun 6, 2025
Face Value10 per share
Issue Price₹50 per share
Lot Size3,000 Shares
Sale TypeFresh capital cum OFS
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size67,50,000 shares
(agg. up to ₹34 Cr)
Reserved for Market Maker
3,42,000 shares
(agg. up to ₹2 Cr)
Giriraj Stock Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
32,10,000 shares
(agg. up to ₹16 Cr)
Offer for Sale31,98,000 shares of ₹10
(agg. up to ₹16 Cr)
Net Offered to Public64,08,000 shares
(agg. up to ₹32 Cr)
Share Holding Pre Issue2,12,20,000 shares
Share Holding Post Issue2,47,72,000 shares
BSE Script Code 544412
ISININE0TE101010

IPO Timetable

Issue Reservation

3B Films IPO comprises a total issue size of 67,50,000 shares. The net offer to the public is 64,08,000 shares, after excluding 3,42,000 shares allotted on a firm basis. Of the Net offer 32,04,000 (50.00%) allocated to NII 32,04,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 32,04,00050.00%47.47%
Retail Shares Offered 32,04,00050.00%47.47%
Firm Reservations
Market Maker Shares Offered 3,42,0005.07%
Total Shares Offered 67,50,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 3,000 ₹1,50,000
Retail (Max) 1 3,000 ₹1,50,000
HNI (Min) 2 6,000 ₹3,00,000
IPO Subscription Details

About 3B Films Ltd.

Incorporated in 2014, 3B Films Limited is a Vadodara, Gujarat based company engaged in the manufacturing and supplying of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films for packaging and thermoforming applications.

The company's products include transparent, metalized, white opaque, retort, anti-fog, easy-peel, and EVOH films. With advanced facilities and R&D, it leads in specialty films, offering innovative packaging solutions worldwide.

As part of the 3B Group, they emphasize continuous research and development to innovate specialty products. They serve various industries, including food packaging, and have expanded exports to countries like Dubai, Nepal, Sri Lanka, and several African nations.

Following early success, the company installed new imported machinery, doubling production capacity to 750 MT monthly (9,000 MT annually). Adding an MDO unit expanded its product range further.

Product Portfolio:

1. Cast Polypropylene (CPP) Films: The company produces Cast Polypropylene (CPP) films by blending PP polymers, offering high clarity, strong seals, durability, and moisture resistance. These versatile films are used in specialty packaging like candy wraps and food sealing.

2. Cast Polyethylene (CPE) Films: The company’s Plain CPE Film is a co-extruded polyethylene film with excellent clarity, toughness, and cold resistance. It is ideal for pouching, food packaging, overwrapping, rice bags, and electronic device protection.

Competitive Strengths:

  • Advanced Manufacturing Facility
  • Experienced management team and dedicated workforce
  • Own Manufacturing unit and self-reliant manufacturing process
  • Wide product range and customized product offering
  • Multi-market Company
  • Quality Assurance and Quality Control of the products

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets152.89144.84133.04130.74
Total Income57.1876.4072.8268.07
Profit After Tax4.204.290.92-0.34
EBITDA11.9614.999.917.97
NET Worth30.9126.6025.67
Reserves and Surplus9.705.414.49
Total Borrowing106.5598.5699.33
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Capital Expenditure 4.43
2 Working Capital Requirements 7.15
3 General Corporate Purposes 4.44
4 Fresh Offer related expenses 1.74

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE14.91%
ROCE8.64%
Debt/Equity3.45
RoNW13.88%
PAT Margin5.67%
EBITDA Margin19.79%
Price to Book Value3.43
Pre IPOPost IPO
EPS (₹)2.022.26
P/E (x)24.7222.11
Promoter Holding96.75%69.97%
Market Cap123.86 Cr.
Ashokbhai Dhanjibhai Babariya, Mukesh Dhanjibhai Babariya, Gulabben Nitin Babariya, and Dishank Nitin Babariya are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[Dilip Davda]
TBFL is engaged in the business of manufacturing and marketing of CPP and CPE films. It is also engaged in the reprocessing of by-products and marketing. The company also trades in adhesive laminated films, and gears for entering in the manufacturing of the same. Based on its super financial data from FY24 onwards, the issue appears aggressively priced. Well-informed investors may park moderate funds in this pricey bet.
Read detail review...

3B Films IPO Recommendations

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3B Films IPO Subscription Status (Bidding Detail)

The 3B Films IPO is subscribed 1.80 times on June 3, 2025 6:19:34 PM (Day 3). The public issue subscribed 2.75 times in the retail category, [.] times in the QIB category, and 0.85 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
NII*0.8532,04,00027,36,0000
Retail2.7532,04,00088,14,0000
Total1.8064,08,0011,15,50,0004,661

Total Application : 4,661

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Offer Management fees including Merchant Banking fees, and payment to other intermediaries such as Legal Advisors, Registrars and Market Making 0.44
2 Advertising and Marketing Expenses 0.20
3 Fees Payable to stock Exchange 0.05
4 Other Expenses (Marketing & Distributing Expenses, Brokerage & Selling Expenses, Processing fees, Printing and Stationary Expenses, Banker’s to the Offer, Auditor’s including Peer Review Auditors’ Fees, depositories, Underwriting Fees Secretarial fees, Advisory fees and Other expenses etc.) 2.62

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price50.00
Open48.50
Low46.08
High48.50
Last Trade46.08

Check IPO Performance…

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

3B Films Ltd. Address
SF 220, Pancham Icon,
Besides D-Mart,
Vasna Road
Vadodara, Gujarat, 390007
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IPO FAQs

3B Films IPO is a SME IPO of 67,50,000 equity shares of the face value of ₹10 aggregating up to ₹34 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.

The IPO opens on Fri, May 30, 2025, and closes on Tue, Jun 3, 2025.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in 3B Films IPO using UPI as a payment gateway. Zerodha customers can apply in 3B Films IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in 3B Films IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the '3B Films IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The 3B Films IPO opens on Fri, May 30, 2025 and closes on Tue, Jun 3, 2025.

3B Films IPO lot size is 3000, and the minimum amount required for application is ₹1,50,000.

You can apply in 3B Films IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for 3B Films IPO will be done on Wednesday, June 4, 2025, and the allotted shares will be credited to your demat account by Thu, Jun 5, 2025. Check the 3B Films IPO allotment status.

The 3B Films IPO listing date is on Fri, Jun 6, 2025.

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