SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Panama Petrochem to raise $14 million via GDR issue

18 Jul 2011 Evaluate

Panama Petrochem will open its GDR Issue for subscription on July 18, 2011 and close the same on July 20, 2011 or as soon as the issue is fully subscribed. The company from this offering expects to raise $14 million.

The company’s board of directors in the meeting held on July 15, 2011 have fixed the price for the underlying equity Shares at Rs 253.68 each. Each GDR represents five (5) underlying shares in the company. The company as on September 25, 2010 received its shareholder’s approval for the offering.

Panama Petrochem manufactures more than 80 product variants vital for nearly six to seven industry segments. They are in league with the giants of each industry. They are in collaboration with Lubcon, Germany for distribution of their specialized products.

Panama Petrochem Share Price

278.00 5.15 (1.89%)
22-Apr-2026 15:40 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×