Paramount Printpackaging IPO : Settled at 23.86% discount on debut

by khalid on 09/05/2011 · 0 comments

Paramount Printpackaging Limited’s shares got debuted at Rs 36.50, a nice 1.02% premium over its initial public offering (IPO) price of Rs 35.00 on the National Stock Exchange (NSE). At the end of the day, shares price was Rs 27.05 which is a discount of huge 23.86% over the issue price of Rs 35.00 and all the premium got vanished. The stock hit a high of Rs. 37.90 and low of Rs. 24.80 on the listing day 9th May 2011. A total of 36,769,530 shares changed hands on the NSE. Paramount Printpackaging Paramount supplies different types of duplex board cartons to over 100 clients in various sectors like FMCG, pharma, electricals, auto

Listing day Summary :-
Listing Date: 9th May 2011
BSE Scrip Code : 533399
Listing In : ‘B’ Group of Securities
ISIN : INE702L01010
Issue Price : Rs. 35.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

On the NSE:-
Issue Price: Rs. 35.00
Open : Rs. 36.50
High : Rs. 37.90
Low : Rs. 24.80
Close : Rs. 27.05
Last Trade : Rs. 27.05

Paramount Printpackaging Limited has raised Rs 45.83 crore through an initial public offering of 13,094,175 equity shares.

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

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