Three M Paper Boards Limited, headquartered in Mumbai, specializes in manufacturing recycled paper-based duplex board products for packaging applications across industries like food, pharmaceuticals, cosmetics, and consumer goods. Established in 1989 and evolving through several name and status changes, the company operates a modern manufacturing facility in Chiplun, Maharashtra, with a capacity of 72,000 TPA as of FY 2022-23. Notably, its products are eco-friendly, made from 100% recycled waste paper.
The company holds several certifications, including ISO Certifications for quality, environmental, and occupational safety management, as well as FSC certification for responsible resource use. It has also been recognized as an Authorized Economic Operator. Three M Paper Boards Limited plans to launch an IPO, having filed a Draft Red Herring Prospectus with SEBI in March 2024, indicating its readiness for greater market participation and capital generation.