Astron Paper & Board Mill Ltd IPO, Astron Paper IPO Detail

By | December 14, 2017

Astron Paper & Board Mill Ltd IPO, Astron Paper IPO Details

Astron Paper IPO Allotment Status, Astron Paper IPO Listing Date, Dates, Share Price, DRHP, Price, Grey Market Price, GMP, Daily Subscription Figures, IPO Review, Ratings, Financial Details and more.

Gujarat-based, Astron Paper & Board Mill has decided to float an initial public offering (IPO). The company has already fixed the dates for its IPO. The IPO of Astron Paper will open on 15 December 2017 and it will be closing on 20 December 2017. The company has also set the IPO price band, the as per the reports the price band is fixed between Rs. 45 – Rs. 50 Per Equity Share.

The company had filed draft papers with capital market regulator Sebi in June 2017. Now the company has got approval from the market regulator, it is ready for the IPO. Readers can check the Astron Paper DRHP at the given part of our website. The Astron Paper public issue comprises 1.4 crore equity shares of face value of Rs 10 each.

Investors who are going to apply for the Astron Paper IPO must check the given area of our website to check the information such as Astron Paper Allotment, Listing date, financials, review, ratings, Astron Paper IPO GMP and grey market price, rates, IPO Dates, price band and more. Please read all information carefully before applying for this IPO. Investors are advised to check the DRHP and fundamentals of Astron Paper & Board Mill IPO.

Astron Paper IPO

Astron Paper IPO

About the company: Astron Paper & Board Mill Limited is a major manufacturer, supplier and exporter of craft papers, core board, craft papers. The company is based in Gujarat. Astron Paper was set up in 2010. The paper produced by the company is mainly used for manufacturing corrugated boxes and liners, corrugated sacks and composite containers. The company mainly cater to packaging industry and it has several loyal clientele in the packaging industry and MNCs. Its manufacturing plant is located in Halvad, Gujarat. The company currently operates in domestic markets and exploring export markets.

Company Promoters: Mr. Kirti G. Patel, Mr. Ramakant Patel, Mr. Karshanbhai Patel and Asian Granito India Ltd (Corporate Promoter).

Objects of the Issue

  • Setting up of additional facility for manufacturing of lower GSM and lower B.F Kraft Paper.
  • Part repayment or in part of certain unsecured loan availed by the company.
  • Funding the working capital requirements.
  • General corporate purposes.

Grey Market Price, Rates, GMP Premium

DateGMPKostak RateSauda
13 December 2017Rs. 35Rs. 225Rs.7000

Astron Paper & Board Mill Ltd IPO, Price, Date, Allotment, Subscription, Grey Market, GMP, Listing Date

NameAstron Paper & Board Mill Ltd
Open Date15 December 2017
Close Date20 December 2017
Allotment Date25 December 2017
Refund Date
Listing Date
Issue PriceRs. 45 - Rs. 50 Per Equity Share
Lot Size280 Shares
Minimum Order Quantity280 Shares
Issue TypeBook Built Issue IPO
Issue Size14,000,000 Equity Shares of Rs 10 aggregating up to Rs 70.00 crore
Lead ManagerPantomath Capital Advisors Private Limited
RegistrarLink Intime India Private Ltd
Listing atNSE / BSE

IPO Poll

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Astron Paper IPO Price

Ahmedabad based Astron Paper and Board Mill Limited has set a price band of Rs. 45 to Rs. 50 per Equity Share.

Astron Paper Mill IPO Date

The issue of Astron Paper opens on December 15, 2017, and closes on December 20, 2017.

Financials

DateTotal RevenueTotal ExpensesProfit after Tax
31 March 2017Rs. 184.6Rs. 176.1Rs. 10.0
31 March 2016Rs. 157.9Rs. 151.5Rs. 6.1
31 March 2015Rs. 152.1Rs. 146.2Rs. 4.1
31 March 2014Rs. 106.2Rs. 107.6Rs. -3.0
31 March 2013Rs. 26.7Rs. 28.8Rs. -4.1
**(All Figures in Rs. Crores)

Valuations

  • Earnings Per Share (EPS): Rs. 3.06
  • Price/Earnings (P/E) ratio: Rs. 14.70 – 16.33
  • Return on Net Worth (RONW): 21.98%
  • Net Asset Value (NAV): Rs. 13.94

Daily Subscription Details

CategorySHARES OFFERED   
RII
NII
QIB
Employees
Total

Lead Managers

Pantomath Capital Advisors Private Limited is the sole book running lead manager to the Astron Paper issue.

Registrar

Link Intime India Private Ltd is the registrar of this IPO.

Link Intime India Private Ltd

  • Telephone: +91-22-25963838
  • Fax: +91-22-25946969
  • Email: [email protected]
  • Website: http://www.linkintime.co.in

Astron Paper IPO Allotment Status

The subscription process of the IPO will be finished on 20 December 2017. The company is going to allot the shares to the investors on or around 25 December 2017. Please visit this page frequently for more details.

Astron Paper IPO Listing Date

The listing of the shares of Astrom Paper is expected on 28 December 2017. Investors are advised to check this page later.

Astron Paper & Board Mill Ltd Address

Registered Office and Corporate Office: Ganesh Meridian, D-702, 7th Floor,
Opposite High Court, S-G Highway,
Ahmedabad 380060

Telephone: +91 79 40081221
Fax: +91 79 40081220
E-mail: [email protected]
Website: http://astronpaper.com

Astron Paper IPO DRHP / Prospectus

Download Now – Click Here.

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