About
Incorporated in 2014, 3B Films Limited is a Gujarat-based manufacturer of high-performance Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films, serving flexible packaging and thermoforming industries. With advanced facilities, R&D capabilities, and a robust product range—including transparent, metallized, and high-barrier films—the company caters to sectors like food, FMCG, and consumer goods. Aided by strategic exports to the UK, UAE, Africa, and South Asia, and certifications such as ISO 9001:2015 and BRCGS, 3B Films stands out for quality, innovation, and sustainable practices. Notable growth includes doubling production capacity and entering adhesive laminated films trading.
IPO schedule
| Issue Period |
30 May 2025 to 03 June 2025 |
| Price band |
₹50 per |
| Minimum Bid quantity |
3000 |
| UPI Mandate Deadline |
03 June 2025 (5 PM) |
| Allotment Finalization |
04 June 2025 |
| Refund Initiation |
05 June 2025 |
| Share Credit |
05 June 2025 |
| Listing Date |
06 June 2025 |
| Mandate end date |
18 June 2025 |
| Lock-In End Date for Anchor Investors (50%) |
04 July 2025 |
| Lock-In End Date for Anchor Investors (Remaining) |
02 September 2025 |
Financials
| Financial Year Ended |
March 2022 |
March 2023 |
March 2024 |
December 2024 |
| Total Assets |
130.74 |
133.04 |
144.84 |
152.89 |
| Revenue |
57.18 |
76.40 |
72.82 |
68.07 |
| Profit After Tax |
-0.34 |
0.92 |
4.29 |
4.20 |
*All figures are in ₹ Crores.
Issue size
| Funds to be Raised in the IPO |
Amount |
| Overall |
₹33.75 crores |
| Fresh Issue |
₹17.76 crores |
| Offer for sale |
₹15.99 crores |
Utilisation of proceeds
| Purpose |
INR crores (%) |
| Capital expenditure |
4.43 (25%) |
| Working capital requirements |
7.15 (40%) |
| General corporate purposes |
4.43 (25%) |
| Fresh offer related expenses |
1.74 (10%) |
Strengths
- Fully automated manufacturing facility with imported machinery from Italy and Germany.
- Experienced leadership and skilled workforce with industry-specific expertise.
- Self-reliant production through ownership of the manufacturing unit and control over the supply chain.
- Diverse product range with capacity for customisation based on client needs.
- Operational presence across multiple domestic and international markets.
- Robust quality assurance systems supported by in-house labs and international certifications.
- Ongoing research and development focused on process efficiency and product innovation.
Risks
- Existing debt obligations and restrictive covenants may limit operational flexibility.
- Unsecured loans can be recalled at any time, affecting financial stability.
- High dependency on top 10 suppliers for raw materials poses supply chain risks.
- Fluctuations in raw material and input costs could impact pricing and profitability.
- Customer-driven pricing pressure may reduce gross margins.
- Growth plans may be hindered by lender approvals required for certain activities.
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