Three M Paper IPO allotment expected today: Steps to check status on Bigshare Services and BSE

Three M Paper Boards IPO saw decent demand on Tuesday, July 16, the final day of subscription. The issue was subscribed over 159 times on the final day of bidding. After the successful subscription, the applicants are now awaiting the share allotment status.

Three M Paper Boards IPO share allotment status is likely to be finalised on Thursday, July 18.

The BSE SME IPO was booked 210 times in the Non-Institutional Investors’ (NIIs) category and the retail portion was subscribed 175 times. The Qualified Institutional Buyers’ (QIBs) segment was booked over 79 times.

Shares of Three M Paper Boards IPO will list on the BSE SME platform. The tentative listing date for the public issue is Monday, July 22.

Ahead of the issue's listing, the investors who participated in the subscription can check the IPO share allotment status online. The investors can check share allocation details through the BSE and registrar websites, Bigshare Services Pvt Ltd.

Steps to check Three M Paper Boards IPO share allotment on BSE website

• Go to the BSE website using this link https://www.bseindia.com
• Choose the Investor Relations tab and go to public issues
• Click on the Application Status link (https://www.bseindia.com/investors/appli_check.aspx
• Choose ‘Three M Paper Boards IPO’ from the List for company names
• Type in your PAN details or application number and submit to check the details

How to check Three M Paper Boards IPO share allotment on BigShare Services

• Open IPO registrar BigShare Services’ website (https://ipo.bigshareonline.com/ipo_status.html)
• Go to the 'Company Selection' dropdown menu
• Choose ‘Three M Paper Boards IPO’
• In 'Selection Type', choose either PAN, beneficiary ID or application number
• Type in the selected detail
• Enter the captcha and click on the submit button

Three M Paper Boards IPO price band and issue size

Three M Paper Boards IPO price band was fixed at ₹67 to ₹69. The book-built public issue was valued at ₹39.83 crore. The BSE SME issue consisted of an entirely fresh issuance of 57.72 lakh shares. The public offer was open for subscription from July 12 to July 16.

About Three M Paper Boards

Three M Paper Boards was founded in July 1989. The company manufactures recycled paper-based Duplex Board products, which are used for packaging applications across multiple industries. The Maharashtra-based company has a manufacturing facility with a total capacity of 72,000 TPA.