Paramount Printpackaging IPO Details

Bookbuilding IPO | ₹46 Cr | Listed at BSE, NSE | Wed, Apr 20, 2011 - Mon, Apr 25, 2011

Paramount Printpackaging IPO Logo

Paramount Printpackaging IPO is a book build issue of ₹45.83 crores. The issue is entirely a fresh issue of 1.31 crore shares of ₹45.83 crore.

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

Paramount Printpackaging IPO price band is set at ₹35 per share. The lot size for an application is 150. The minimum amount of investment required by an retail is ₹5,250 (150 shares) (based on upper price). The lot size investment for sNII is 39 lots (5,850 shares), amounting to ₹2,04,750, and for bNII, it is 191 lots (28,650 shares), amounting to ₹10,02,750.

Onelife Capital Advisors Pvt.Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue.

Refer to Paramount Printpackaging IPO RHP for detailed Information.

IPO Open

Wed, Apr 20, 2011

IPO Close

Mon, Apr 25, 2011

Issue Price

₹35 per share

Market Cap (Pre-IPO)

₹93.45 Cr

IPO Details

IPO Date20 to 25 Apr, 2011
Listed onMon, May 9, 2011
Face Value10 per share
Price Band₹32 to ₹35
Issue Price₹35 per share
Lot Size150 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size1,30,94,175 shares
(agg. up to ₹46 Cr)
Fresh Issue 1,30,94,175 shares
(agg. up to ₹46 Cr)
Share Holding Pre Issue1,36,05,865 shares
Share Holding Post Issue2,67,00,040 shares
BSE Script Code / NSE Symbol533399 / PARAPRINT
ISININE702L01010

IPO Timetable

Issue Reservation

Paramount Printpackaging IPO comprises a total issue size of 1,30,94,175 shares. Out of which, 65,47,088 (50.00%) are allocated to QIB, 19,64,126 (15.00%) allocated to NII 45,82,961 (35.00%) allocated to RII.

Investor Category Shares Offered % of Total Issue Max Allottees
QIB Shares Offered 65,47,08850.00%NA
NII (HNI) Shares Offered 19,64,12615.00%NA
Retail Shares Offered 45,82,96135.00%30,553
Total Shares Offered 1,30,94,175100.00%

IPO Lot Size

Investors can bid for a minimum of 150 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 150 ₹5,250
Retail (Max) 38 5,700 ₹1,99,500
S-HNI (Min) 39 5,850 ₹2,04,750
S-HNI (Max) 190 28,500 ₹9,97,500
B-HNI (Min) 191 28,650 ₹10,02,750
IPO Subscription Details

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Setting up new facility for manufacturing high end duplex board cartons, Shippers and printed corrugated box at Gujarat 31.94
2 Augmenting Long Term Working Capital Requirement 4.96
3 General Corporate Purposes 3.39

Key Performance Indicator (KPI)

KPI
RoNW10.32%
Pre IPOPost IPO
Promoter Holding78.64%40.18%
Market Cap93.45 Cr.
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.

Paramount Printpackaging IPO Subscription Status (Bidding Detail)

The Paramount Printpackaging IPO is subscribed 3.92 times on April 25, 2011 6:00:00 PM (Day 3). 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)Shares OfferedShares bid for
QIB0.3365,47,088
NII3.2819,64,126
Retail9.3145,82,961
Total3.921,30,94,175

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.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Management Fees, Underwriting and Selling Commission 4.39
2 Advertising and marketing expenses 0.40
3 IPO Grading Expenses 0.02
4 Printing and stationery expenses 0.40
5 Others (Registrar fees, Legal fees, Listing fees, Book Building software, Stamp Duty, etc.) 0.34

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price35.0035.00
Open35.0036.50
Low24.6024.80
High37.5037.90
Last Trade26.6527.05

Check IPO Performance…

IPO Registrar

Sharepro Services Pvt.Ltd.

Contact Details

Paramount Printpackaging Ltd. Address
A/309 TTC Industrial Estate,
Mahape Road,
Navi Mumbai, Maharashtra, 400701
Open an Instant Account with Zerodha

IPO FAQs

Paramount Printpackaging IPO is a main-board IPO of 1,30,94,175 equity shares of the face value of ₹10 aggregating up to ₹46 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 150.

The IPO opens on Wed, Apr 20, 2011, and closes on Mon, Apr 25, 2011.

Sharepro Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Paramount Printpackaging IPO using UPI as a payment gateway. Zerodha customers can apply in Paramount Printpackaging IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Paramount Printpackaging IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Paramount Printpackaging IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Paramount Printpackaging IPO opens on Wed, Apr 20, 2011 and closes on Mon, Apr 25, 2011.

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

You can apply in Paramount Printpackaging IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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 Mon, May 9, 2011.

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