Issue Price
₹50
Per Share
GMP
NIL
Grey Market
Est. Listing
₹50
Expected Price
Min. Application
₹28,000
2 lots × 280 shares
Incorporated in 2010, Astron Paper & Board Mill Ltd is Ahmadabad based manufacturer of Kraft paper, also known as paperboard or cardboard. The paper produced by the company is used mainly in packaging industry for manufacturing corrugated boxes and liners, corrugated sacks and composite containers.Astron Paper has manufacturing facility in Halvad, Gujarat. Company uses waste paper as raw material.The Company is having Triple Wire Machine with a daily capacity of 350 MT along with daily pulp mill capacity of 400 MT. Astron Paper is ISO 9001-2008, ISO 14001, UKAS Management systems and FSC certified.
Astron Paper & Board Mill Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 14,000,000 | 100.00% | ₹70.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 280 | ₹14,000 |
| Retail (Max) | 1 | 280 | ₹14,000 |
| sNII (Min) | 15 | 4,200 | ₹210,000 |
| bNII (Min) | 72 | 20,160 | ₹1,008,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 184.59 | 157.85 | 152.14 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 9.96 | 6.08 | 4.13 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 172.75 | 158.45 | 137.24 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |