Three M Paper IPO

Three M Paper Boards Ltd

₹1,34,000 /2000 sharesMinimum Investment

Three M Paper IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Jul ‘24 - 16 Jul ‘24₹1,34,0002,000₹67 - ₹69
Issue SizeIPO Doc
39.83Cr
RHP PDF

About the company

Three M Paper Boards is involved in the production of recycled paper-based duplex board products, which are extensively used in packaging by various industries, including food and beverage, pharmaceuticals, cosmetics, and consumer goods. It sells these paper products in both the domestic and international markets. Headquartered in Mumbai, its primary manufacturing operations are situated in Chiplun, district Ratnagiri, Maharashtra. As of March 2024, the company had a total manufacturing capacity of 72,000 tonnes per annum (TPA) of paper. ;
Founded in
1989
Parent organisation
Three M Paper Boards Ltd

Strength and risks

Strengths
Risks
The company’s products are made out of 100 percent recycled waste paper and are completely biodegradable.
The company is ISO 9001:2015 certified for quality management systems; ISO 14001:2015 certified for environmental management systems, and ISO 45001:2018 certified for occupational health and safety management systems.
The company’s profit after tax (PAT) has risen consistently over the years. PAT rose from Rs 3.27 crore in FY22 to Rs 6.61 crore in FY23 and Rs 11.35 crore in FY24.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular67 - 69₹2 Lakh
High Networth Individual67 - 69₹2 - 5 Lakh
For Three M Paper IPO, eligible investors can apply as Regular.
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