MoneyWorks4Me

Control Print gets nod to raise fund up to Rs 29.99 crore

09 Jan 2018 Evaluate

Control Print has received an approval for the issue and allotment of 6,59,340 Equity Shares to qualified institutional buyers at the issue price of Rs 455 per Equity Share, (including a premium of Rs 445 per Equity Share), aggregating to Rs 29.99 crore. The Capital Raising Committee Meeting of the Board of Directors of the Company at its meeting held on January 08, 2018, approved the same.

Control Print is a pioneer in the manufacturing of coding and marking solutions in India.Product range of the company includes Continuous Ink Jet Printer,Large Character Printer,Hot Roll Coder,Thermal Transfer Overprinter,Laser and Consumables. 

Peers
Company Name CMP
Ivalue Infosolutions 225.60
Control Print 590.50
TVS Electronics 392.65
Schneider Electric 1788.55
NELCO 1012.05
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