I have data in Col A and i would like to get the data in Col B only if the
value in Col A is greater than 3 and less than 5 .

Here's one way, assuming the data starts in row 2. It uses column C as
a helper column.

In C2, put
=IF(AND(A23,A2<5),MAX(C$1:C1)+1,"")

In B2, put
=IF(ROW()-1MAX(C:C),"",
OFFSET($A$1,MATCH(ROW()-1,C:C,0)-1,0))

Select B2:C2 and copy down as far as column A can reach.

Row 1 and column C can be hidden, if desired.

Modify to suit.