The book-built issue of Rs 45.83 crore is the Paramount Printpackaging IPO. The Paramount Printpackaging IPO auction was held from April 20 to April 25, 2011. The shares were listed on May 9, 2011, on the BSE and NSE. A share’s IPO pricing range for Paramount Printpackaging is ₹32 to ₹35. 150 shares is the minimum lot size required for an application. For retail investors, a minimum investment of ₹5,250 is needed.
Paramount Printpackaging Limited was established in 1985 and offers print and packaging solutions. The company provides a variety of cartons as part of its packing solution. Medications, soaps, toothpaste, fragrances, shaving cream, shampoo, moisturizing cream, face wash, auto accessories & spare parts, corn flakes, tea, coffee, and spices are the principal products packed in those cartons. Packaging from rigid to flexible to wrapping, processing, plate-making, printing, lamination, varnishing, UV varnish, hot foil stamping, embossing, die-cutting,
and the glueing of different kinds of cartons to finish lines are all offered by PPPL. These goods are mostly used by the pharmaceutical, FMCG, auto accessory, tobacco, and food and beverage industries. With its completely automated operation in Navi Mumbai, Paramount can produce hundreds of different kinds of folding box cartons to meet the demands of its clients. About 400 tonnes of paper board can be converted every month at the company’s factory. The company can generate twenty lac cartons per day in terms of final goods.
Paramount Printpackaging IPO Details
| IPO Date | April 20, 2011 to April 25, 2011 |
| Listing Date | May 9, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹32 to ₹35 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 13,094,175 shares (aggregating up to ₹45.83 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Paramount Printpackaging IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹5,250 |
| Retail (Max) | 38 | 5700 | ₹199,500 |
Paramount Printpackaging IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 6,547,088 (50.00%) | NA |
| NII (HNI) Shares Offered | 1,964,126 (15.00%) | |
| Retail Shares Offered | 4,582,961 (35.00%) | 30,553 |
| Total Shares Offered | 13,094,175 (100%) |
Objects of the Issue (Paramount Printpackaging IPO Objectives)
The objects of the issue are as follows:
- Setting up of unit at Gujarat, for manufacturing of high end duplex board cartons, shippers and printed corrugated box;
- Augmenting the long term working capital requirements of our Company;
- General Corporate Purposes; and
- Achieve the benefits of listing on the Stock Exchange.
Paramount Printpackaging IPO Listing Details
| Listing Date | May 9, 2011 |
| BSE Script Code | 533399 |
| NSE Symbol | PARAPRINT |
| ISIN | INE702L01010 |
| Final Issue Price | ₹35 per share |
Paramount Printpackaging Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹35.00 | ₹35.00 |
| Open | ₹35.00 | ₹36.50 |
| Low | ₹24.60 | ₹24.80 |
| High | ₹37.50 | ₹37.90 |
| Last Trade | ₹26.65 | ₹27.05 |
Paramount Printpackaging Ltd Contact Details
Paramount Printpackaging Ltd
A/309 TTC Industrial Estate,
Mahape Road,
Navi Mumbai – 400701
Phone: +91-22-41627777
Email: [email protected]
Website: http://www.pppltd.in
Paramount Printpackaging IPO Registrar
Sharepro Services Private Limited
Phone: 9999999999
Email: [email protected]
Paramount Printpackaging IPO FAQs
Q1. What is Paramount Printpackaging IPO?
Ans. 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 April 20, 2011, and closes on April 25, 2011.
Q2. When Paramount Printpackaging IPO will open?
Ans. The Paramount Printpackaging IPO opens on April 20, 2011 and closes on April 25, 2011.
Q3. What is the lot size of Paramount Printpackaging IPO?
Ans. Paramount Printpackaging IPO lot size is 150 Shares, and the minimum amount required is ₹5,250.
Q4. When is Paramount Printpackaging IPO listing date?
Ans. The Paramount Printpackaging IPO listing date is on May 9, 2011.
