The last Grey Market Premium for Three M Paper Boards IPO GMP was ₹11, as of July 10th, 2024, 06:03 AM. With a price band of ₹69.00, the estimated listing price for Three M Paper Boards SME IPO is ₹80 (cap price + today’s GMP), indicating an expected gain of 15.94% per share.
The Retail Subject to Sauda for the IPO is ₹16,700.
The GMP for Three M Paper Boards SME IPO has just started from the last 2 sessions, so it is still too early to determine a clear trend. We update this information daily, so stay tuned for the latest GMP and more details. Follow us for daily updates on Three M Paper Boards SME IPO’s GMP performance and expected listing price.
The GMP prices mentioned here are based on news related to the grey market. We do not trade or deal in the grey market or subject to rates (sub2), nor do we recommend trading in the grey market.
Three M Paper Boards IPO GMP Details
The Three M Paper Boards IPO is set to open on July 12. This SME IPO aims to raise ₹39.83 crores. The price band for the IPO is set at ₹67 to ₹69, with a market lot of 2,000 shares.
Three M Paper Boards manufactures recycled paper-based Duplex Board products used in various packaging applications across industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods. They supply high-quality duplex board paper products to both domestic and international markets. Their products are made entirely from recycled waste paper and are completely biodegradable.
Three M Paper Boards IPO GMP Day-wise
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
10-07-2024 | 69 | ₹11 | 16700 | ₹80 (15.94%) |
09-07-2024 | 69 | ₹11 | 16700 | ₹80 (15.94%) |
Three M Paper Boards SME IPO Dates
Stay informed with the latest updates on the Three M Paper Boards SME IPO. Dates will be posted here as soon as they are announced.
SME IPO Activity | Date |
SME IPO Open Date | 12-07-2024 |
SME IPO Close Date | 16-07-2024 |
Basis of Allotment Finalisation Date* | 18-07-2024 |
Refunds Initiation* | 19-07-2024 |
Credit of Shares to Demat Account* | 19-07-2024 |
SME IPO Listing Date* | 22-07-2024 |
FAQ for Three M Paper Boards IPO
1. When will the Three M Paper Boards IPO open?
The Three M Paper Boards IPO is scheduled to open on July 12.
2. How much is Three M Paper Boards aiming to raise through this IPO?
The company aims to raise ₹39.83 crores through this IPO.
3. What is the price band for the Three M Paper Boards IPO?
The price band for the IPO is set at ₹67 to ₹69 per share.
4. What is the market lot size for the Three M Paper Boards IPO?
The market lot size for the IPO is 2,000 shares.
Read Also: IPO GMP, Latest IPO Grey Market Premium & Kostak Rates
DISCLAIMER: The financial information provided here is not intended as an offer to buy or sell securities or as financial advice. All information is for educational and informational purposes only and should not be used as a basis for investment decisions. Readers are strongly advised to consult a qualified financial advisor before making any investment decisions based on the information provided. Any actions taken by readers based on this information are at their own risk. Investments in equity markets are subject to unpredictable market-related risks. The author does not intend to invest in this offering.
Leave a Reply