247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Astron Paper & Board Mill Limited IPO (Astron Paper & Board Mill IPO) Details

Astron Paper & Board Mill Limited is an Paper And Stationery based company, located in Ahmedabad, Astron Paper & Board Mill Limited IPO size was 70.00 Cr. and was issued at 50.00 per share. The share of Astron Paper & Board Mill Limited were listed at 119.70 per share and are currently trading at 18.89 per share.

Type :
Sub Sector : Manufacturing Of Kraft Paper And Catering To Packaging Industry
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
221.92 Cr.

PAT :
18.92 Cr.

Pricing Report

Issue Price :
50.00

Listing Price :
119.70

Current Market Price :
18.89

Issue Price vs CMP :
31.11 (62.22%)

listing Price vs CMP :
100.81 (84.22%)

Performance Report (CAGR* wise)

CAGR : -12.86
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Astron Paper & Board Mill

Company Information
Incorporated in 2010, Astron Paper and Board Mills Limited is a leading manufacturer of kraft paper. Within a short span, the company has built a reputation in the kraft paper industry, establishing a brand associated with high-quality, comprehensive kraft paper products. It primarily caters to the packaging industry and has developed a loyal clientele network comprising various packaging companies and multinational corporations. The company operates domestically, with products supplied across India, and is exploring export markets. Astron Paper is one of Gujarat's major kraft paper manufacturers, with a manufacturing facility in Halvad, Gujarat, having an installed capacity of 96,000 MT per annum. The facility is equipped with advanced machinery and includes an in-house testing laboratory for quality control. The company's manufacturing and dispatch processes are
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Object of Issue
  • Setting up of additional facility for manufacturing of lower GSM and lower BF Kraft Paper,
  • Part repayment of unsecured loan,
  • Funding the working capital requirements and
  • General Corporate Purposes

Astron Paper & Board Mill MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2017
IPO Size :
70.00 Cr.
IPO Subscription :
241.75 X     
PE Multiple :
12.00
IPO Registrar:
Link Intime India Private Limited

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FAQs

Astron Paper & Board Mill operates in Paper And Stationery and Manufacturing Of Kraft Paper And Catering To Packaging Industry. The Issue is listed on MainBoard in Dec, 2017. Astron Paper & Board Mill IPO size was 70.00 Cr. with Issue price of 50.00 .

Merchant Banker(s) of Astron Paper & Board Mill IPO: Pantomath Capital Advisors Private Limited

Astron Paper & Board Mill IPO subscription was 241.75 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Astron Paper & Board Mill IPO listed at a listing price of 119.70 against the offer price of 50.00.

The current market price of Astron Paper & Board Mill is 18.89.

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