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Paramount Printpackaging Ltd IPO (Paramount Printpackaging IPO) Detail

April 20, 2011 - April 25, 2011

Paramount Printpackaging IPO is a book built issue of Rs 45.83 crores.

Paramount Printpackaging IPO bidding started from April 20, 2011 and ended on April 25, 2011. The shares got listed on BSE, NSE on May 9, 2011.

Paramount Printpackaging IPO price band is set at ₹32 to ₹35 per share. The minimum lot size for an application is 150 Shares. The minimum amount of investment required by retail investors is ₹5,250.

Onelife Capital Advisors Pvt Ltd is the book running lead manager of the Paramount Printpackaging IPO, while Sharepro Services Private Limited is the registrar for the issue.

Refer to Paramount Printpackaging IPO RHP for detailed information.

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 Size13,094,175 shares
(aggregating up to ₹45.83 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue13,605,865
Share holding post issue26,700,040

Paramount Printpackaging IPO Reservation

Paramount Printpackaging IPO offers 13,094,175 shares. 6,547,088 (50.00%) to QIB, 1,964,126 (15.00%) to NII, 4,582,961 (35.00%) to RII. 30,553 RIIs will receive minimum 150 shares and (sNII) and (bNII) will receive minimum 5,850 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered6,547,088 (50.00%)NA
NII (HNI) Shares Offered1,964,126 (15.00%)
Retail Shares Offered4,582,961 (35.00%)30,553
Total Shares Offered13,094,175 (100%)

Paramount Printpackaging IPO Lot Size

Investors can bid for a minimum of 150 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 150 ₹5,250
Retail (Max) 38 5700 ₹199,500
Lot Size Calculator

Paramount Printpackaging IPO Promoter Holding

The Promoters of the company are:

1. Mr. Ashwin Babulal Sukhadia;
2. Mr. Anuj Vipin Sukhadia;
3. Mr. Dharmesh Ashwin Sukhadia;
4. Mr. Divyesh Ashwin Sukhadia;
5. Mr. Ketan Vipin Sukhadia; and
6. Mr. Vipul Ashwin Sukhadia.

Share Holding Pre Issue 79.38%
Share Holding Post Issue

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.

Key Performance Indicator

Objects of the Issue (Paramount Printpackaging IPO Objectives)

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 Subscription Status (Bidding Detail)

The Paramount Printpackaging IPO is subscribed 3.92 times on April 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)

CategorySubscription (times)
QIB0.33
NII3.28
Retail9.31
Total3.92

Paramount Printpackaging Ltd IPO Grading

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 Ltd IPO Tags:

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.

Paramount Printpackaging IPO Rating

139
3.5
Rating:Rated 3.5 stars
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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

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹35.00
₹35.00
₹24.60
₹37.50
₹26.65
NSE
₹35.00
₹36.50
₹24.80
₹37.90
₹27.05

Check IPO Performance…

Paramount Printpackaging Ltd Contact Details

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

Paramount Printpackaging IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Email: paramount.ipo@shareproservices.com
Website:

Paramount Printpackaging IPO - Buy or Not

Paramount Printpackaging IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Paramount Printpackaging IPO FAQs

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.

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 April 20, 2011 and closes on April 25, 2011.

Paramount Printpackaging IPO lot size is 150 Shares, and the minimum amount required is ₹5,250.

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, Nuvama, 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.

The Paramount Printpackaging IPO listing date is on May 9, 2011.
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Paramount Printpackaging IPO Message Board

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133 Comments

133. gundu anna |   Link |  Bookmark |May 11, 2011 7:54:19 PM (500+ Posts, 100+ Likes)
THIRD CLASS ISSUE FOR THIRD CLASS INVESTORS!!!!!!!!!!!!
132. seenuipo |   Link |  Bookmark |May 11, 2011 5:48:27 PM (200+ Posts)
Todays paramount issue,
Circuit locked at 3:15pm,
This is the issue disliked by many but given benefited those tructed it.
(Arrami nahi like NHPC ,Sutlej or PFS).
131. N I T I N |   Link |  Bookmark |May 11, 2011 4:37:20 PM
U can buy now paramount as operator activity started in it.
130. seenuipo |   Link |  Bookmark |May 10, 2011 1:03:44 AM (200+ Posts)
Dear members
I congradulate the traders who apply the fundamental theory of IPOs that below issue short and above issue is long for this issue and made windfall profits.
Thank you and keep it up
I could made little money after selling my allotted shares at 36.60 and another lot at 34.85(after second attempt failed to cross issue price) and both covered at 25.55
But I dont blame any SEBI,govt India,BRLM and company since they not not forced to apply any IPOs.
Bye,bye see you in 'future'
129. Saharanpuri |   Link |  Bookmark |May 9, 2011 10:57:26 PM (200+ Posts)
Most of the IPOs now seems to be justifying their expansion Its Probably Overpriced or Idiotic Preposterous Opportunistic.

We all need to control our greed .The greedy investment bankers n promoters are killing the hen which laid golden eggs.

Lets also learn to separate wheat from Chaff .
128. gundu anna |   Link |  Bookmark |May 9, 2011 8:37:21 PM (500+ Posts, 100+ Likes)
my sympathy for those who lost money or holding this stcok.. story of paramount is over.
we have to look for next issue..
we have to invest in good issues like PFC, even at short time loss, because by keeping those shares in DEMAT we can sleep for years where as third class(rating below 3) ipo shares will not exist after 5-10 years....
Do take best care of yourselves... it is your money... if lost in market, dont blame anybody.. because nobody snatching from your hand....
127. CHD |   Link |  Bookmark |May 9, 2011 8:32:39 PM (1100+ Posts, 500+ Likes)
IF WE ANALYSE, PARAMOUNT HAS GIVEN BETTER LISTING GAINS ( 8 % - IT WENT UPTO Rs. 37/80. IF WE COULD NOT AVAIL IT , THAT,S OUR ENDLESS GREED ) THAN EVEN THE EVERYBODY'S DEAR DARLING GREAT MUTHOOT.
126. n kumar |   Link |  Bookmark |May 9, 2011 7:33:38 PM
Hi All,

My sympathies for those of you lost money in today's listing of Paramount. But first of all let us understand that IPO's are not done for charity sake by companies. To make a rule to buy back after one month from Lead manager will not work out. If you think the other way how many of us are willing to share there profits with lead manager if there is a bumper listing like CoalIndia and if the price stabilises a good 20% above from IPO price.
So Let us use this forum and decide the best IPOs as well as Riskier IPOs with the help of esteemed boarders. And my advice to new comers is don't risk ur money by applying riskier IPOs rather keep your money idle in the banks which will earn u some interest.
Hope this doesn't hurt anyone.
125. SkDash |   Link |  Bookmark |May 9, 2011 6:43:38 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
126-Jigar
Agree with you. but to control greediness is more diff and thats why we applied in IPOs knowing that fundamental is poor, pricing is higher etc hoping that 'it will be a operator game'. And also another thing when good IPOs are coming, people are applying like mad and chance of getting allotment with 50-60k money also is rare and some 1 lot allotment with 2 lk money, thats why we all are prefering to burn our finger by playing with fire.

Otherwise, fully agree with you
124. Jigar K Shah |   Link |  Bookmark |May 9, 2011 6:12:53 PM
@ SkDash,

I too exited @ 35.90 for some of my portfoilo and still holding some nominal amt.However I am not saying because i have fear of loosing money but because as an investor to teach such companies a lesson when govt. is not doing anything, we have only option left - NOT TO APPLY. Our griddyness makes them more powerful and more such IPOs are coming.

And here question is not that I gain or loose? If I exited @ 35.90 ,some other person has bought at the same time. Now instead of me, that person is suffering losses. So to stop such cheating with public WE SHOULD JOIN together and OPPOSE such issues by NOT SUBSCRIBING.
123. SkDash |   Link |  Bookmark |May 9, 2011 5:11:56 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
121-jigar

why such a rigid decision ? I dont agree with you. Paramound gave sufficient tome to exit at gain (may be nominal), but because of greedy, u hold yr position and suffered loss. if you had exited at no profit no loss basis or with some nominal gain, the position would have been better.

just decide-NOT TO BE SO GREEDY in stead decision NOT TO APPLY IN SMALL IPOs. this may cost you more.
122. IPO GURU |   Link |  Bookmark |May 9, 2011 5:00:13 PM
Now I think Future Venture will give a better listing .... atleast the stock is supplied at the face value (10 Rs.) so nothing to loose .... but feel pitty, I did not applied in this share ... will see tomorrow ...
121. IPO GURU |   Link |  Bookmark |May 9, 2011 4:57:31 PM
@ Jigar
You are right sir .... i too have got the lesson ... now no more applications in cheap IPO's ....
120. Vishal R |   Link |  Bookmark |May 9, 2011 4:52:28 PM
I have exited all 444 shares @ 35.45 @ no profit no loss
119. Jigar K Shah |   Link |  Bookmark |May 9, 2011 4:42:31 PM
I think we should not subscribe to such IPOs even for listing gain.Only then this can be stopped......If the issue fails due to lower subscription then only this type of IPOs will not come in future.

I will have to be the first to follow my own advice. Because I myself had applied in Paramount,Innovative and Servalaxmi. Now i wll make up myself not to apply in such IPOs.

Because SEBI-Govt. all are here to cheat investors. Investor has to be self educated to avoid and to punish such companies by not subscribing.
118. Gane |   Link |  Bookmark |May 9, 2011 4:18:32 PM (400+ Posts)
Today just looking into the coal india movement, it looks like it has listed today and increased so much and always touching days high and also it has crossed 52 weeks high.

But PPL was stable almost for sometime and then it started decreasing. See the difference between the quality stocks and cheap stocks like this. Its better to avoid these kind of IPOs in future.

In the lot, I applied only in Muthoot. Rest I gave a miss. Now I am looking forward for PFC and galaxy.

Gane.
117. pakka hindustani |   Link |  Bookmark |May 9, 2011 3:48:09 PM
Khel khatam paramount ka. Similat fate of Innoventive, Sarvlakshmi, vasvani & sanghvi forgings. Retail investors to lutgaye
116. CHD |   Link |  Bookmark |May 9, 2011 3:45:37 PM (1100+ Posts, 500+ Likes)
GET OUT NOW , MAY CLOSE BELOW Rs.30 !
115. SkDash |   Link |  Bookmark |May 9, 2011 3:39:10 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
116-Guru
whats the basis for upward movement ? it will be rangebound and will be closed in dis-seems to me. i had short position in 35.9 and i recovered in 30.9. Last moment will be highly volatile and i thought to exit at safe
114. IPO GURU |   Link |  Bookmark |May 9, 2011 3:13:23 PM
Dear Jigar
you should definitely hold it for a good upward movement from here .... 34.50 now