Paramount Printpackaging IPO : Allotment Staus

by khalid on 30/04/2011 · 0 comments

Paramount Printpackaging Limited has entered the primary market with an Initial Public Offer (IPO) of 13,094,175 Equity Shares of Rs 10 each. The IPO was open on 20th Apr 2011 and got close for subscription on 25th Apr 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 45.83 Crore through the issue at the upper level of price band. Paramount Printpackaging Paramount supplies different types of duplex board cartons to over 100 clients in various sectors like FMCG, pharma, electricals, auto ancillary and food.

Details of different category subscription is as follows……

Total Issue Size : Rs. 45.83 Crores
No. of times issue is subscribed : 3.92 Times
Qualified Institutional Buyers (QIBs) : 0.33 times
Non Institutional Investors : 3.28 times
Retail Individual Investors : 9.31 times
Overall : 3.92 times

Allotment Status of Paramount Printpackaging IPO is available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It can be seen in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more news on Paramount Printpackaging IPO !

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