Paramount Printpackaging IPO Latest News Today

Paramount Printpackaging IPO shares will list on Monday, May 09, 2011. Issue price of this IPO has been fixed at Rs 35/- per share. IPO was oversubscribed by 3.92 times (9.31 times in retail).

Paramount Printpackaging IPO Listing Date

Listing Date: Monday, May 09, 2011
BSE Scrip Code: 533399
NSE Symbol: PARAPRINT
Listing In: 'B' Group of Securities
ISIN: INE702L01010
Issue Price: Rs. 35.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Paramount Printpackaging IPO allotment status is now available online.

Paramount Printpackaging was open on Apr 20, 2011 and closed on Apr 25, 2011. IPO was oversubscribed by 3.92 times (9.310 times in retail) on closing day.

Paramount Printpackaging Ltd IPO finally subscribed 3.92 times on closing day. Paramount IPO was open on Apr 20, 2011 and closed today on Apr 25, 2011 for subscription. Paramount has received bids for 5,12,66,700 shares as against issue size of 1,30,94,175 shares.

Subscription Detail

Qualified Institutional Buyers (QIBs): 0.33 Times
Non Institutional Investors: 3.28 Times
Retail Individual Investors (RIIs): 9.31 Times

Total: 3.92 Times

Paramount Printpackaging Ltd IPO subscribed 0.22 times on its day 2. Paramount IPO was open on Apr 20, 2011 and will close on Apr 25, 2011 for subscription. Paramount has received bids for 29,20,500 shares as against issue size of 1,30,94,175 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.23 Times
Non Institutional Investors: 0.00 Times
Retail Individual Investors (RIIs): 0.31 Times

Total: 0.22 Times

Paramount Printpackaging Ltd IPO subscribed 0.12 times on its day 1. Paramount IPO opens today on Apr 20, 2011 and will close on Apr 25, 2011 for subscription. Paramount has received bids for 16,18,500 shares as against issue size of 1,30,94,175 shares.

Subscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.23 Times

Non Institutional Investors: 0.00 Times

Retail Individual Investors (RIIs): 0.03 Times

Total: 0.12 Times

Paramount Printpackaging Limited (PPPL) is entering in the capital markets with an initial public offering, IPO of 13,094,175 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 32/- at lower level and Rs 35/- at upper level.

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.

The issue opens on Apr 20, 2011 and closes for subscription on Apr 25, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).