Astron Paper & Board Mill is Ahmedabad based company incorporated in 2010. The company has good growing financial results. Astron Paper & Board Mill is manufacturer of Kraft Paper. The paper is mainly used in packaging industry. The company has manufacturing facilities in Halvad, Gujarat. The Astron Paper ipo seems good and priced well. The subscription will be on a higher side as the ipo is very small but the listing gain will be good to see. The lucky investors will get the allotment.
Astron Paper IPO Review:
The company has good PAT of 10 crore in 2017 which is around 63% higher than 2016. Revenues seems good and increasing as well. The revenues in 2017 increased 17% to 185 crore compared to 2016 from 158 crore.
Company Promoters:
DRHP Draft Prospectus
Astron Paper IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: astron.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Astron Paper IPO Lead Managers:
Astron Paper & Board Mill Ltd
Ganesh Meridian, D-702,7th Floor,
Opposite High Court, S-G Highway,
Ahmedabad 380060
Phone: +91 79 40081221
Fax: +91 79 40081220
Email: info@astronpaper.com
Website: http://astronpaper.com/
- Apply for Listing Gain
- IPO Open: 15-December-2017
- IPO Close: 20-December-2017
- IPO Size: Approx Rs. 70-80 Crore (Approx)
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 45 to 50 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 1,40,00,000 Shares
- Shares: Apply for 280 Shares (Minimum Lot Size)
- Amount: Rs.14000
- Basis of Allotment: 26-December-2017
- Refunds: 27-December-2017
- Credit to demat accounts: 27-December-2017
- Listing: 29-December-2017
The company has good PAT of 10 crore in 2017 which is around 63% higher than 2016. Revenues seems good and increasing as well. The revenues in 2017 increased 17% to 185 crore compared to 2016 from 158 crore.
| Financial Results (Rs. in Crore) | |||||
| 2017 | 2016 | 2015 | 2014 | 2013 | |
| Revenue | 184.6 | 157.9 | 152.1 | 106.2 | 26.7 |
| Expense | 176.1 | 146.2 | 146.2 | 107.6 | 28.8 |
| PAT | 10.0 | 6.1 | 4.1 | (3.0) | (4.1) |
Company Promoters:
- Mr. Kirti G. Patel
- Mr. Ramakant Patel
- Karshanbhai Patel
- Asian Granito India Ltd
DRHP Draft Prospectus
Astron Paper IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: astron.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Astron Paper IPO Lead Managers:
- PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Astron Paper & Board Mill Ltd
Ganesh Meridian, D-702,7th Floor,
Opposite High Court, S-G Highway,
Ahmedabad 380060
Phone: +91 79 40081221
Fax: +91 79 40081220
Email: info@astronpaper.com
Website: http://astronpaper.com/
