Astron Paper & Board Mill Ltd IPO, Astron Paper IPO Details
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.
- 1 Astron Paper IPO
- 2 Astron Paper & Board Mill Ltd IPO, Price, Date, Allotment, Subscription, Grey Market, GMP, Listing Date
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
Astron Paper IPO Grey Market Price, Rates, GMP Premium
|26 December 2017||Rs. 30||Rs. 7000|
- Astron Paper & Board Mill IPO finally subscribed 243.2 times.
- Astron Paper IPO sess 12.39 times subscription on Day 3
- Discount of Rs 2.50/- per equity share will be given to the eligible employees.
Astron Paper & Board Mill Ltd IPO, Price, Date, Allotment, Subscription, Grey Market, GMP, Listing Date
|Name||Astron Paper & Board Mill Ltd|
|Open Date||15 December 2017|
|Close Date||20 December 2017|
|Allotment Date||25 December 2017|
|Refund Date||28 December 2017|
|Listing Date||29 December 2017|
|Issue Price||Rs. 45 - Rs. 50 Per Equity Share|
|Lot Size||280 Shares|
|Minimum Order Quantity||280 Shares|
|Issue Type||Book Built Issue IPO|
|Issue Size||14,000,000 Equity Shares of Rs 10 aggregating up to Rs 70.00 crore|
|Lead Manager||Pantomath Capital Advisors Private Limited|
|Registrar||Link Intime India Private Ltd|
|Listing at||NSE / BSE|
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.
|Date||Total Revenue||Total Expenses||Profit after Tax|
|31 March 2017||Rs. 184.6||Rs. 176.1||Rs. 10.0|
|31 March 2016||Rs. 157.9||Rs. 151.5||Rs. 6.1|
|31 March 2015||Rs. 152.1||Rs. 146.2||Rs. 4.1|
|31 March 2014||Rs. 106.2||Rs. 107.6||Rs. -3.0|
|31 March 2013||Rs. 26.7||Rs. 28.8||Rs. -4.1|
|**(All Figures in Rs. Crores)|
- 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
|Category||SHARES OFFERED||15 December 2017||18 December 2017||19 December 2017||20 December 2017|
Pantomath Capital Advisors Private Limited is the sole book running lead manager to the Astron Paper issue.
Link Intime India Private Ltd is the registrar of this IPO.
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. The IPO allotment is expected next week. Keep watching this space.
Allotment Status at https://goo.gl/QRkLbr
Astron Paper IPO Listing Date
Update 27th December 2017: The listing of the shares of Astron Paper will be done on 29th December 2017.
The listing of the shares of Astrom Paper is expected on 28 December 2017. Investors are advised to check this page later.
Listing Day Figures (29th Dec 2017)
|BSE (540824)||NSE (ASTRON)|
|IPO Price||Rs. 50||Rs. 50|
|Open||Rs. 114||Rs. 115|
|High||Rs. 119.70||Rs. 120.75|
|Low||Rs. 113||Rs. 112.50|
|Close||Rs. 119.70||Rs. 120.75|
|Difference||Up Rs. 69.70 (+139.40%)||Up Rs. 70.75 (+141.50%)|
Astron Paper & Board Mill Ltd Address
Astron Paper IPO DRHP / Prospectus
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