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Sundaram Multi Pap to raise Rs 7.93 crore through QIBs

11 Oct 2017 Evaluate

Sundaram Multi Pap (SMPL) has received an approval for issue and allotment of 2,60,00,000 equity shares of face value of Rs 1 each to the Qualified Institutional Buyers (QIBs) at the issue price of Rs 3.05 per equity share including premium of Rs 2.05 per equity share aggregating to Rs 7.93 crore. The board of directors at its meeting held on October 11, 2017 has approved for the same.

Sundaram Multi Pap (SMPL) is engaged in the manufacture of notebooks, account books, other paper stationery products, Kraft paper and trading of office paper stationery. Its operating facilities are located at Palghar, Nagpur and Kandla (SEZ facility). It sells its products in local as well as exports market.


Sundaram Multi Pap Share Price

1.42 -0.03 (-2.07%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
DOMS Industries 2385.85
Flair Writing Indu. 329.00
Kokuyo Camlin 92.17
Linc 98.67
Sundaram Multi Pap 1.42
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