3B Films IPO allotment finalised: How to check status online on BSE, Maashitla Securities

3B Films IPO allotment: The basis of allotment of 3B Films was finalised on Wednesday, June 4. The bid finalisation information was available on the portals of BSE and registrar Maashitla Securities.

The initial public offer received a total subscription of 1.8 times during the three-day bidding period. Retail individual investors (RIIs) subscribed the part reserved for them 2.75 times, while the non-institutional investors (NIIs) portion was booked 0.85%.

The ₹33.75 crore IPO consisted of a fresh issuance of 35.52 lakh shares worth ₹17.76 crore and an offer for sale component of up to 31.98 lakh shares valued at ₹15.99 crore by its promoters, Mukesh Dhanjibhai Babariya, Ashokbhai Dhanjibhai Babariya, and Gulabben Nitin Babariya.

The issue was fixed priced at ₹50 apiece, and the application size was 3,000 shares.

Funds raised will be used for capital expenditure needs, working capital requirements and for corporate general purposes.

How to check 3B Films IPO allotment status on the BSE website

• Visit the IPO allotment status page of BSE at https://bseindia.com/investors/appli_check.aspx
• Keep ‘Equity’ as the issue type
• From IPO names, select '3B Films Limited'
• Enter application no or PAN details
• Complete 'I'm not a robot' verification and click the ‘Search’ button

Steps to check 3B Films IPO allotment status on Maashitla Securities

• Go to Maashitla Securities' allotment status page: https://maashitla.com/allotment-status/public-issues
• From the dropdown list, pick '3B Films Limited'
• Enter either Application Number/PAN/Demat Account Number
• Click on submit

3B Films IPO: Listing date and time

Shares of 3B Films will make their debut on the BSE SME platform on Friday, June 6, at 10.

Incorporated in 2014, 3B Films produces and supplies cast polypropylene (CPP) and cast polyethylene (CPE) films for packaging and thermoforming. The company serves clients in industries like garments, food & beverages, floriculture, and consumer goods.