Paramount Printpackaging

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Paramount Printpackaging - Total results - 2
SEBI bans Paramount Printpackaging, officials from capital markets for 5 years for IPO fund diversion
Business

SEBI bans Paramount Printpackaging, officials from capital markets for 5 years for IPO fund diversion

A probe by SEBI found that Paramount misutilised the proceeds of the IPO and also diverted the funds to entities that did not provide any service and goods as contracted.

Paramount Printpackaging IPO raises some concerns
Biztech

Paramount Printpackaging IPO raises some concerns

For a company that is yet to pay a dividend, whose promoter companies are still making losses, and whose pricing is rather aggressive, the Paramount Printpackaging issue does not quite qualify as great buy.