Mumbai based Paramount Printpackaging Limited has informed the share market (BSE/NSE) that they have planning to enter capital markets with its initial public offering (IPO) of 13,094,175 equity shares of Rs 10 each for cash constituting Rs 45.83 crore. The company had filed a Draft Red Herring Prospectus (DRHP) on 24th Sep 2010 with market regulator Securities and Exchange Board of India (SEBI). The premium to be decided via 100% book building process. Paramount Printpackaging is engaged in the business of supplies different types of duplex board cartons to over 100 clients in various sectors like FMCG, pharma, electricals, auto ancillary and food.
The Equity Shares are proposed to be listed on the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE).
DRHP (Draft Prospectus) filed by Paramount Printpackaging Limited with SEBI can be seen HERE.
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