Analysis and Insights into the world of IPOs and investing in India

Monday, April 25, 2011

Paramount Printpackaging Limited IPO Bidding Status update

Paramount Printpackaging Limited IPO, which closed for subscription today, has been bid 3.86 times on an overall basis till Monday, April 25, 2011 1700 hrs IST. The IPO consisted of Public issue of 1,30,94,175 Equity Shares Of Rs 10/- each and had opened for subscription Wednesday, April 20, 2011

Credit Rating Agency ICRA had assigned an IPO Grade 2/5 to the IPO of Paramount Printpackaging Limited. ICRA assigns IPO Grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals. An IPO Grade 2/5 from ICRA indicates that as per ICRA, the company has "Below Average Fundamentals"

Stay tuned for latest updates on Paramount Printpackaging Limited IPO!
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