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3B Films SME IPO Closes with 1.40× Subscription as Grey Market Premium Drops to Zero

Zero grey market premium points to a likely flat June 6 debut despite modest subscription driven by retail investors

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3B Films IPO GMP
3B Films IPO
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Overview

  • Investors bid for roughly 94.5 lakh shares against 67.5 lakh on offer, securing a 1.40× subscription by June 3 close
  • Retail demand outpaced non-institutional and HNI bids over the three-day offer
  • Fixed-price issue at Rs 50 per share comprised a fresh tranche of 35.52 lakh shares and an offer-for-sale of 31.98 lakh shares
  • Grey market trades fell from a Rs 3 premium to par, signaling expectations of a flat listing
  • Allotment is set to be finalised on June 4 with a BSE SME listing scheduled for June 6