3B Films IPO Day 3: Subscription Status, GMP, Allotment Date And Where to Check
3B Films IPO share allotment status can be checked via the websites of the BSE and the issue registrar, Maashitla Securities.
The initial public offering of 3B Films is set to close for subscription on June 3. The company aims to raise Rs 33.75 crore from its fixed price issue. The IPO opened for bidding on May 30.
The IPO bidders will be looking forward to the finalisation of the IPO share allotment status by the company following the end of the subscription period. 3B Films IPO allotment status is expected to be finalised on June 4.
3B Films IPO: Day 3 Subscription Status
The BSE SME issue was overall subscribed 1.72 times till 3:25 p.m. on the third and last day of bidding on June 3. The Non-Institutional Investors booked their quota 0.84 times, while the retail investors subscribed their category 2.60 times.
3B Films IPO Day 3 GMP
As per Investorgain, the grey market premium for 3B Films IPO stood at Rs 0 at 2:30 p.m. on June 3. The latest GMP indicates a flat listing for the IPO at Rs 50 apiece, the same as the issue price.
Note: GMP does not represent official data and is based on speculation.
3B Films IPO Allotment: Steps To Check Status Online
3B Films IPO share allotment status can be checked via the websites of the BSE and the issue registrar, Maashitla Securities Pvt. Ltd.
Steps To Check IPO Allotment Status On BSE
Visit the BSE IPO allotment status page here.
Select “Equity” as the issue type
Choose “3B Films” from the dropdown menu for issue names.
Enter your PAN or application number.
Your allotment status will be visible on the screen.
It’s important to note that the company name will appear on the list only after the finalisation of the share allotment status by the company.
How To Check 3B Films Share Allotment On Maashitla Securities
Visit the IPO allotment status page on the official website of the issue registrar, Maashitla Securities, here.
Choose “3B Films” as the IPO name.
Select application number, PAN, or DP ID/client ID
Enter the details and click on ‘submit’.
Your IPO allotment status will be displayed on the screen.
3B Films IPO Key Details
The company is a manufacturer of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films. The firm will process refunds and transfer shares to the Demat accounts of successful allottees on June 5.
The BSE SME IPO, worth Rs 33.75 crore, comprises a fresh issue of 35.52 lakh shares, amounting to Rs 17.76 crore. The IPO also includes an offer-for-sale (OFS) portion of 31.98 lakh shares, aggregating to Rs 15.99 crore. The IPO price was fixed at Rs 50 per share.
Shares of 3B Films are expected to be listed on BSE SME on Friday, June 6.
Use of IPO Proceeds
The company has proposed to use the proceeds from the public issue for working capital requirements. It will also use the funds for general corporate purposes and capital expenditure.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
