3B Films IPO, June 4 -- The initial public offering (IPO) of the manufacturer of cast polypropylene (CPP) and cast polyethylene (CPE) films, 3B Films, saw a decent response. The IPO was subscribed 1.80 times overall, with the retail segment subscribed 2.75 times. The Rs.33.75 crore SME IPO opened for subscription on Friday, May 30 and concluded on Tuesday, Jun 3.
The company is to finalise share allotment today, Wednesday, Jun 4. Successful bidders can expect the shares to be credited to their demat accounts on Thursday, Jun 5. Those who do not receive an allotment will receive refunds on the same day. The stock may debut on the BSE SME on Friday, June 6.
Investors who bet on the IPO can check the share allotment status online on the re...
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