|
|
Incorporated in 1985, Paramount Printpackaging Limited is in the business of print & packaging solutions. Company offers a packing solution consisting of a wide range of cartons. Those cartons are mainly used in packaging of medicines, soaps, toothpaste, perfumes, shaving cream, shampoo, moisturizing cream, face wash, Automobile spare parts & accessories, Cigarettes, Corn flakes, tea, coffee and spices.
PPPL provides different types of packaging - rigid, flexible, wrapping, Processing, Plate making, Printing, Lamination, Varnishing, UV Varnish, Hot Foil Stamping, Embossing, Die-cutting & Glueing of various types of cartons to complete lines. Pharma, FMCG, Auto Ancillary, Tobacco and Food and Beverage are the main sectors using those products.
Paramount has fully automated plant at Navi Mumbai which is capable of supplying hundreds of different types of folding box cartons that suit the needs of their customers. Company's plant has the capacity to convert approximately 400 tons of paper board every month. In terms of finished products, Company has the capacity to produce 20 lacs cartons a day.
The objects of the issue are as follows:
1. Setting up of unit at Gujarat, for manufacturing of high end duplex board cartons, shippers and printed corrugated box;
2. Augmenting the long term working capital requirements of our Company;
3. General Corporate Purposes; and
4. Achieve the benefits of listing on the Stock Exchange.
| Paramount Printpackaging IPO Date | Apr 20, 2011 to Apr 25, 2011 |
| Paramount Printpackaging IPO Face Value | ₹10 per share |
| Paramount Printpackaging IPO Price | ₹32 to ₹35 per share |
| Paramount Printpackaging IPO Lot Size | 150 Shares |
| Issue Size | 13,094,175 shares of ₹10 (aggregating up to ₹45.83 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | The Promoters of the company are: 1. Mr. Ashwin Babulal Sukhadia; |
The Paramount Printpackaging IPO lot size is 150 shares. A retail-individual investor can apply for up to 38 lots (5700 shares or ₹199,500).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹5,250 |
| Retail (Max) | 38 | 5700 | ₹199,500 |
ICRA has assigned an IPO Grade 2 to Paramount Printpackaging Ltd IPO. This means as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Paramount Printpackaging IPO Grading Report.
Paramount Printpackaging IPO, Paramount Printpackaging Ltd IPO, Paramount Printpackaging IPO Bidding, Paramount Printpackaging IPO Allotment Status, Paramount Printpackaging IPO drhp and Paramount Printpackaging IPO listing.
The Paramount Printpackaging IPO is subscribed 3.92 times on Apr 25, 2011 6:00:00 PM. The public issue subscribed 9.31 times in the retail category, 0.33 times in the QIB category, and 3.28 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.33 |
| NII | 3.28 |
| Retail | 9.31 |
| Total | 3.92 |
| Listing Date | Monday, May 9, 2011 |
| BSE Script Code | 533399 |
| NSE Symbol | PARAPRINT |
| Listing In | B Group of Securities |
| ISIN | INE702L01010 |
| IPO Price | ₹35 per share |
| Face Value | ₹10 per share |
|
|
|
Paramount Printpackaging Ltd
A/309 TTC Industrial Estate,
Mahape Road,
Navi Mumbai - 400701
Phone: +91-22-41627777
Email: pppl.ipo@pppltd.in
Website: http://www.pppltd.in
Sharepro Services Private Limited
Phone: 9999999999
Email: paramount.ipo@shareproservices.com
Website: http://
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 0 | 0 | 2 |
| Members | 0 | 0 | 0 |
IPO Broker Recommendations
Paramount Printpackaging IPO is a main-board IPO of 13,094,175 equity shares of the face value of ₹10 aggregating up to ₹45.83 Crores. The issue is priced at ₹32 to ₹35 per share. The minimum order quantity is 150 Shares.
The IPO opens on Apr 20, 2011, and closes on Apr 25, 2011.
Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Paramount Printpackaging IPO opens on Apr 20, 2011 and closes on Apr 25, 2011.
Paramount Printpackaging IPO lot size is 150 Shares and the minimum order quantity is .
You can apply in Paramount Printpackaging IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Paramount Printpackaging IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Paramount Printpackaging IPO allotment status.
IPO Mentor (500+ Posts, 100+ Likes)
Useful Articles
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
Top Contributor (200+ Posts)
IPO Guru (1100+ Posts, 500+ Likes)
