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IPO Snapshot
Astron Paper & Board Mill Ltd.
Issue Open Date 15-Dec-17  
Issue Closing Date 20-Dec-17  
Application Money 100  
Allotment Money  
Price Band 45 - 50  
Minimum Bid Quantity. 280  
Issue Size (Shares) 14000000  
Market Lot 1  
Objective :
1. Setting up of additional facility for manufacturing of Kraft Paper with lower GSM ranging from 80 to 180 GSM and lower B.F ranging from 12 B.F to 20 B.F.2. Part repayment of unsecured loan availed by our Company.3. Funding the working capital requirements of the Company4. General corporate purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   7315000   2903964840   396.99  
Qualified Institutional Buyers   1330000   137463760   103.36  
Retail Individual Investors   1330000   137463760   103.36  
Business Description
Promoter's Holding
Total Share Capital   20357250  
Offered to Public   14000000  
Promoter's Holding (Pre-Issue)   62.64  
Promoter's Holding (Post-Issue)   43.78  
Address
D-702
Seventh Floor
Ganesh Meridian
S. G. Highway
Ahmedabad ,
Gujarat ,
380060
Phone : 079-40081221
Email : cs@astronpaper.com
Website : www.astronpaper.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Pantomath Capital Advisors Pvt Ltd.
Promoters
Asian Granito India Ltd.
Kirit G Patel
Krishnabhai Patel
Ramakant Patel