Cedarwood Packaging Holdings Limited
₹444–473 · Lot Size 30 shares
Cedarwood Packaging Holdings Limited is a company operating in the pharma space, focused on formulation and API manufacturing for domestic and export markets. The issue comprises a mix of fresh issue and offer for sale, with proceeds earmarked for working capital, debt reduction, and general corporate purposes.
Price band: ₹444–₹473 per share · Lot size: 30 shares.
Subscription so far — QIB: 1.67x, NII: 1.13x, Retail: 1.88x. Grey Market Premium is currently around ₹53.9 (+11.4% over the upper price band).
Demand has been steady but unspectacular across investor categories. This sits in a wait-and-watch zone — allotment odds are reasonable and downside risk on listing looks limited but so does the upside.
This review is for informational purposes only and is not investment advice. Please read the red herring prospectus and consult a financial advisor before applying.