Astron Paper & Board Mill Limited IPO

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Astron Paper & Board Mill Ltd (Incorporated in 2010, ) is Ahmadabad based manufacturer of Kraft paper. The products of the company is used mainly in manufacturing corrugated boxes and liners.
Its plant is at Halvad, Gujarat. The Company uses waste paper as raw material.
At present the Company has manufacturing capacity of 350 MT along with daily pulp mill capacity of 400 MT.

Astron Paper & Board Mill Limited IPO Stock Quote & Charts



  • Open: 113.25
  • High - Low: 114.30 - 111.60
  • Previous Close: 111.95
  • Total Traded Volume: 57536
  • Updated On: 25-May-2018

Objects of the Issue:

Astron Paper intends to utilize the net proceeds from this public issue towards the following objects: 1. Setting up of additional facility for manufacturing of lower GSM and lower B.F Kraft Paper 2. Part repayment of unsecured loan 3. Funding the working capital requirements and 4. General corporate purposes.

Listing Date: Dec 29 2017

Issue Details:

Open Date: Dec 15 2017
Close Date: Dec 20 2017
Total Shares: 14,000,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 70.00 Cr.
Lot Size: 280 Shares
Issue Price: ₹ 50 Per Equity Share
Listing At: NSE,BSE
Listing Date: Dec 29 2017

Promoters And Management:

Mr. Kirti G. Patel Mr. Ramakant Patel Mr. Karshanbhai Patel Asian Granito India Ltd

Company Financials:

Summary of financial Information (Restated)
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

Company Address:

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: Website: