Astron Paper & Board Mill Limited IPO
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.
Objects of the Astron Paper & Board Mill Limited IPO:
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.
Astron Paper & Board Mill Limited IPO Details:
|Open Date:||Dec 15 2017|
|Close Date:||Dec 20 2017|
|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 Date:||Dec 29 2017|
Promoters And Management:
Mr. Kirti G. Patel Mr. Ramakant Patel Mr. Karshanbhai Patel Asian Granito India Ltd
Financials of Astron Paper & Board Mill Limited IPO:
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax||99.59||60.85||41.29|
Lead Manager of Astron Paper & Board Mill Limited IPO:
Registrar of Astron Paper & Board Mill Limited IPO:
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: email@example.com Website: www.astronpaper.com