IPO Issue Details
Issue Price / Price Band₹35 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size150 Shares per Lot
Total Issue Size1,30,94,175 shares (aggregating up to ₹45.83 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 20 Apr 2011
Subscription CloseMon, 25 Apr 2011
Anchor AllotmentTue, 19 Apr 2011
Basis of AllotmentSun, 01 May 2011
Initiation of RefundsMon, 02 May 2011
Credit of Shares to DematMon, 02 May 2011
Listing DateMon, 09 May 2011
UPI Mandate Deadline2011-04-25
Application & Investment Details
Retail — Min (1 Lots)₹5,250 — 150 shares
Retail — Max (13 Lots)₹68,250 (13 Lots)
HNI — Min (39 Lots)₹2,04,750 — 5,850 shares
Pre-IPO Promoter Holding1,36,05,865 shares
Post-IPO Promoter Holding2,67,00,040 shares
About Paramount Printpackaging Ltd.
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.
Objects of the Issue
Paramount Printpackaging Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up new facility for manufacturing high end duplex board cartons, Shippers and printed corrugated box at Gujarat
31.94
2
2 Augmenting Long Term Working Capital Requirement
4.96
3
3 General Corporate Purposes
3.39
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,36,05,865 shares
Post-IPO Promoter Holding
2,67,00,040 shares