3B Films is launching its IPO with a fixed issue size of ₹33.75 crore. This comprises a fresh issue of 35.52 lakh shares worth ₹17.76 crore and an offer for sale of 31.98 lakh shares aggregating to ₹15.99 crore. The IPO opens for subscription on May 30, 2025, and will close on June 3, 2025.
The basis of allotment is likely to be finalised on June 4, 2025. The shares are expected to be listed on the BSE SME platform on June 6, 2025. The IPO is priced at ₹50 per share. Retail investors can apply for a minimum of one lot, which is 3,000 shares, requiring an investment of ₹1,50,000.
High Net-Worth Individuals (HNIs) must apply for at least two lots, amounting to ₹3,00,000 for 6,000 shares. Nirbhay Capital Services Private Limited is the book-running lead manager for the issue, while Maashitla Securities Private Limited is acting as the registrar.
Investors looking for more detailed information about the IPO can refer to the Red Herring Prospectus (RHP) of 3B Films Limited.
Industry Outlook
- The Indian packaging market is expected to grow from US$ 50.5 billion in 2019 to US$ 204.81 billion by 2025, registering a strong CAGR of 26.7%. This rapid growth is likely to benefit 3B Films Limited by increasing demand for flexible packaging films across various sectors.
- The Indian plastic industry contributes significantly to the economy, with over 30,000 processing units and ₹3 lakh crore in current economic activity. With government initiatives to expand it to ₹10 lakh crore in 4–5 years, 3B Films stands to gain from increased domestic demand and export opportunities.
- Government-approved Plastic Parks across 6 states aim to promote sustainable manufacturing and boost employment. These developments can support 3B Films Limited by improving access to raw materials and enhancing cost efficiency in production through better infrastructure and policy support.
3B Films IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- ₹443.20 lakh (24.96%) will be used to upgrade and expand production infrastructure, supporting future growth.
- ₹715.00 lakh (40.26%) will be allocated to strengthen day-to-day operations and maintain business liquidity.
- ₹443.50 lakh (24.97%) will be allocated toward general corporate purposes.
- ₹174.30 lakh (9.81%) will cover costs related to the fresh issue process.
About 3B Films Limited
3B Films Limited, incorporated in 2014, is engaged in the manufacturing of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films. With its production facility located in Vadodara, Gujarat, the company is backed by advanced machinery imported from Italy and Germany. These films are used widely in food packaging, FMCG, clothing, and other consumer goods industries.
Founded by Mr. Ashokbhai Babariya and his brothers, the company has grown steadily by adopting modern technology and expanding into exports. In FY 2023-24, it also started trading in adhesive laminated films, recording ₹22.59 crore in revenue in the first year. Plans are in place to begin manufacturing these laminated films in-house.
To support sustainability, the company recycles scrap into granules and sells them, contributing over ₹7 crore in revenue across FY 2023-24 and part of FY 2024. It maintains in-house research and quality control facilities to ensure product innovation and compliance with international packaging standards. Certifications include ISO 9001:2015, ISO 22000:2018, and BRCGS standards.
With growing export presence in the UK, UAE, Sri Lanka, and other regions, 3B Films has doubled its production capacity to 9,000 MT per annum. The company now aims to integrate forward by adding printing and lamination units to enhance value-added offerings tailored to global packaging needs.
How To Check the Allotment Status of 3B Films IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the 3B Films IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the 3B Films IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of 3B Films IPO
Registered office: SF 220, Pancham Icon, Besides D-Mart, Vasna Road, Vadodara, Gujarat, India, 390007
Phone: +91-6359632600
E-mail:cs@3bfilms.com
3B Films IPO Reservation
|
Investor Category |
Shares Offered |
|
Retail Individual Investors (RIIs) |
50% of the Net Issue |
|
Other Investors |
50% of the Net Issue |
3B Films IPO Lot Size
|
Category |
Lots |
Shares |
Amount (in ₹) |
|
Retail (Min) |
1 |
3,000 |
1,50,000 |
|
Retail (Max) |
1 |
3,000 |
1,50,000 |
|
HNI (Min) |
2 |
6,000 |
3,00,000 |
3B Films IPO Promoter Holding
The promoters of the company include Ashokbhai Dhanjibhai Babariya, Mukesh Dhanjibhai Babariya, Gulabben Nitin Babariya, and Dishank Nitin Babariya.
|
Share Holding Pre-Issue |
96.75% |
|
Share Holding Post Issue |
- |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for 3B Films IPO
|
Indicator |
Value |
|
ROE (%) |
14.91 |
|
RoCE (%) |
8.64 |
|
RoNW (%) |
13.88 |
|
PAT Margin |
5.67 |
3B Films IPO Prospectus
3B Films IPO Registrar and Lead Managers
3B Films IPO Lead Managers
- Nirbhay Capital Services Private Limited
Registrar for 3B Films IPO
Maashitla Securities Private Limited
- Contact Number: +91-11-45121795-96
- Email Address: ipo@maashitla.com
3B Films IPO Registrar
Financial Performance of 3B Films Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 7,574.89 | 7,179.90 |
| Profit/ (loss) for the year (in ₹ lakh) | 429.17 | 91.76 |
| Earnings per Share (₹) | 2.02 | 0.43 |
| Net Worth(in ₹ lakh) | 3092.08 | 2662.91 |
| Return on Equity (RoE) (%) | 14.91 | 3.51 |
| Return on Capital Employed (RoCE) (%) | 8.64 | 5.30 |
| EBITDA (in ₹ lakh) | 1499.01 | 990.63 |
Know before investing
Strengths
8Fully automated unit with imported machines ensure high production precision.
Manufacturing capacity to print, laminate, pouch CPP and CPE films.
Strong leadership backed by 10+ years of industry experience.
Wide CPP and CPE film range for global packaging needs.
ISO 9001:2015 and ISO 22000:2018 certifications ensure consistent quality.
Expanding R&D drives innovation and keeps production costs under control.
Presence in domestic and international markets reduces business risk exposure.
Plans to become a one-stop packaging solution provider nationwide.
Risks
8Fluctuating raw material prices and supply issues may reduce margins and disrupt operations.
Lack of power backup may cause production halts during electricity outages.
Overdependence on top 5 customers may severely impact revenues if lost.
Ongoing legal cases involving the company and promoters may harm reputation.
Delays in GST filings and EPF payments could lead to penalties and fines.
Underutilised production capacity of 90,00,000 Kg limits growth and profitability.
High debt of ₹10,143.25 lakh with restrictive terms may limit expansion.
Losing experienced key personnel could affect management efficiency and decision-making.
