3B Movies IPO Itemizing: 3B Movies shares, which made a clear plastic movie for packaging and thermoforming, acquired a weak entry on BSE SME at the moment. Its IPO acquired blended response. Shares have been issued at a worth of ₹ 50 below IPO. At this time, it has entered ₹ 48.50 on BSE SME, that’s, IPO buyers didn’t get any itemizing beneficial properties however their capital decreased by 3% on the itemizing. After the itemizing, IPO buyers acquired additional shocked when shares got here down additional. It broke down on the decrease circuit of ₹ 46.08 (3B Movies Share Value) i.e. IPO buyers at the moment are 7.48% loss. This IPO had acquired blended response from buyers and the half reserved for non-institutional couldn’t be stuffed and stuffed solely 0.85 instances. On the identical time, half of the reserved for retail buyers was 2.75 instances stuffed. Total, this subject was subscribed to 1.80 instances. Underneath this IPO, 35.52 lakh new shares with a face worth of Rs 10 have been issued. Out of those shares, ₹ 4.43 crore shall be a capital expertise, ₹ 7.15 crore working capital wants, ₹ 4.44 crore frequent company aims and ₹ 1.74 crore IPO. The information associated to three B Movies 3 B Movies 3 B Movies Packaging and Thermoforming shall be made about 3 B Movies. (CPP) and Forged produces polyethylene (CPE) movie. Its merchandise are additionally exported to some international locations in Dubai, Nepal, Sri Lanka and Africa. Speaking concerning the monetary well being of the corporate, it has been strongly strengthened. In FY 2022, it had a internet lack of ₹ 34 lakh however within the very subsequent monetary yr 2023 it jumped into revenue of ₹ 92 lakh and in FY 2024 it acquired a internet revenue of ₹ 4.29 crore. Throughout this era, the corporate’s income elevated to ₹ 76.40 crore yearly from a compound charge (CAGR) of about 6% yearly. Speaking concerning the final monetary yr 2024-25, in April-December 2024 it has acquired a internet revenue of ₹ 4.20 crore and a income of ₹ 57.18 crore. Sri Lotus Builders: The IPO is prepared after the approval of SEBI; Many stars together with Shah Rukh, Amitabh, Hrithik have been given cash -handclamor: Right here data is being supplied right here just for data. It’s essential to say right here that the funding market out there is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
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