Business Standard

Three M Paper Boards Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

39.83 cr

Price Range (₹)

69

Lot Size

2000

Min Investment (₹)

1,38,000.00

Listing Exchange

BSE - SME

Open Date

12-Jul-2024

Close Date

16-Jul-2024

Listing Date

22-Jul-2024

Three M Paper Boards Ltd News

    Three M Paper Boards Ltd IPO Details

    Initial public offer of upto 57,72,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Three M Paper Boards Limited (The Company or The Issuer) at an issue price of Rs. 69 per equity share (including a share premium of Rs. 59 per equity share) for cash, aggregating up to Rs. 39.83 crores (Public Issue) out of which 2,90,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 69 per equity share for cash, aggregating Rs. 2.00 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 54,82,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 69 per equity share for cash, aggregating up to Rs. 37.83 crores is here inafter referred to as the Net Issue. The public issue and net issue will constitute 30.00% and 28.50% respectively of the post-issue paid-up equity share capital of thecompany.

    Objective of issue

    Prepayment or repayment of all or a portion of outstanding availed by the company. Capital expenditure for installation of new machinery modernisation of certain process under existing mfg facility and installation of plastic fired low presure boiler. Funding long-term working capital requirements of the company. General corporate purposes.

    Three M Paper Boards Ltd Contact Details

    Three M Paper Boards Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - compliance@threempaper.com

    Website - www.threempaper.com