Astron Paper & Board Mills Limited Profile
Astron Paper & Board Mills Limited has been founded in December 2010. The company is having its corporate office in Ahmedabad and our manufacturing unit is strategically located in terms of access to key raw materials. Its existing manufacturing facility is in Halvad, Morbi which can be approx. 200Kms far from Mundra Port and facilitates easy import/export. The Company is having an annual installed capacity of 96000 MT. and currently, work on the installation of a new machine to expand the capacity is going on. Their material is supplied to all over India from North to South and East to West. They also aim to be a global player and now focused on increasing our customer base to the Middle East, Iran, Sri Lanka, Bangladesh, Some of the African Countries and South-East Asia.
Astron Paper & Board Mills Limited Company Ltd Key Strengths
- Company have focused on Raw Material Procurement to procure good quality of material on a consistent basis without any interruption.
- Company have visited certain Waste Paper Supplying plants in USA and Europe, which will fulfill our raw material requirement.
- They have also bought innovation in our manufacturing process to minimize the conversion cost and be cost effective.
- They have engaged the best personnel in our manufacturing process who are having vast experience in the field.
- They are committed to promoting our business globally by developing new product line to meet exciting and future demand.
Astron Paper & Board Mills Limited Company Ltd Promoters:
The Promoters of the Company are Mr. Kirit G Patel, Mr. Ramakant Patel, Mr. Karshanbhai Patel and Asian Granito India Limited.
Astron Paper & Board Mills Limited IPO details
Symbol: ASTRON
Issue Size: Initial Public offer of Up to 1,40,00,000 Equity Shares
Face Value: Rs 10
Price Range: Rs 45 to Rs 50
Issue Type: 100% Book Building
Bid Lot: 280 Equity Shares and in multiples thereof
Minimum Order Quantity: 280 Equity Shares
Issue Period: 15-Dec-2017 to 20-Dec-2017
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Name of The Registrar: Link Intime India Private Limited
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Astron Paper & Board Mills Limited Company Ltd Financials:
| Particulars | For the year/period ended (in Rs. million) | ||
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | |
| Total Assets | 1727.51 | 1584.46 | 1372.42 |
| Total Revenue | 1845.89 | 1578.53 | 1521.37 |
| Profit After Tax | 99.59 | 60.85 | 41.29 |
Astron Paper & Board Mills Limited IPO Subscription Details
| Category | Shares offered | Subscription (no. of times) | ||
| Day1 | Day 2 | Day 3 | ||
| QIB | 1,330,000 | 1.50 | 1.80 | 5.74 |
| NII | 7,315,000 | 0.09 | 0.44 | 1.15 |
| Retail | 4,655,000 | 2.23 | 14.07 | 33.57 |
| Employees | 700,000 | 0.06 | 0.57 | 1.59 |
| Total | 14,000,000 | 0.94 | 5.11 | 12.39 |
Astron Paper & Board Mills Limited Company Ltd Allotment Status:
Astron Paper & Board Mills Limited IPO Allotment Date: 26 December 2017
Astron Paper & Board Mills Limited IPO Listing Date: 29 December 2017
You can check your allotment status using your PAN number.
- Visit this page again by end of the above date to know about Astron Paper & Board Mills Limited IPO allotment Status.
- You can share the allotment status with your Family and friends through the Social buttons on bottom.
Following are the steps to be followed to know your Astron Paper & Board Mills Limited IPO Allotment Status:
- Click Here to visit the website of the Registrar
- Select Astron Paper & Board Mills Limited from the dropDown Menu (This option will be made available at the end of above date)
- Select PAN radio Button
- Provide your PAN Number
- Enter the Captcha
- Click on Submit Button
