Business description from prospectus – Astron Paper and Board Mills Limited is engaged in manufacturing of kraft paper. The company mainly caters to packaging industry and has been able to develop a loyal clientele network consisting of various packaging companies and MNCs Currently it is operating in domestic markets with its products being supplied on pan India basis. The company is in the process of exploring export markets.
It is one of the major kraft paper manufacturers in Gujarat with manufacturing facility having an installed capacity of 96,000 mt tonnes p.a. The manufacturing facility is situated at Halvad, Gujarat and is well equipped with requisite plant and machineries and other facilities. Astron Paper and Board Mills also has in house testing laboratory for quality control checks and testing of products.
Promoters of Astron Paper and Board Mill – Mr Kirit G Patel, Mr Ramakant Patel, Mr Karshanbhai Patel and Asian Granito India Limited
| Astron Paper and Board Mill IPO details | |
| Subscription Dates | 15 – 20 December 2017 |
| Price Band | INR45 – 50 per share |
| Fresh issue | 14,000,000 shares (INR63 – 70 crore) |
| Offer For Sale | Nil |
| Total IPO size | 14,000,000 shares (INR63 – 70 crore) |
| Minimum bid (lot size) | 280 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
| Astron Paper and Board Mills’ financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenues | 26.7 | 106.2 | 152.1 | 157.9 | 184.6 | 111.0 |
| Total expenses | 28.8 | 107.6 | 146.2 | 151.5 | 176.1 | 103.9 |
| Profit after tax | -4.1 | -3.0 | 4.1 | 6.1 | 10.0 | 9.5 |
| Net margin (%) | -15.4 | -2.8 | 2.7 | 3.9 | 5.4 | 8.6 |
Astron Paper and Board Mill LimitedÂ
D-702, Seventh Floor, Ganesh Meridian
Opposite High Court, S.G. Highway
Ahmedabad – 380060
Phone:Â +91Â 79 40081221
Fax:Â +91 79 4008 1220
Email: [email protected]
Website:Â www.astronpaper.com
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
Earnings Per Share (EPS): INR3.06
Price/Earnings (P/E) ratio: 14.70 – 16.33
Return on Net Worth (RONW): 21.98%
Net Asset Value (NAV): INR13.94 per share
Astron Paper and Board IPO Subscription Details
| Category | Shares offered | Subscription (no. of times, at 5 PM) | |||
| Day 1 | Day 2 | Day 3 | Day 4 | ||
| QIB | 1,330,000 | 1.50 | 1.80 | 5.74 | 103.35 |
| NII | 7,315,000 | 0.09 | 0.44 | 1.15 | 396.98 |
| Retail | 4,655,000 | 2.23 | 14.07 | 33.57 | 74.24 |
| Employees | 700,000 | 0.06 | 0.57 | 1.59 | 2.69 |
| Total | 14,000,000 | 0.94 | 5.11 | 12.39 | 242.07 |
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Astron Paper and Board IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
IPO Opening Date: 15 December 2017
IPO Closing Date:Â 20 December 2017
Finalisation of Basis of Allotment: 26 December 2017
Initiation of refunds: 27 December 2017
Transfer of shares to demat accounts: 28 December 2017
Listing Date: 29 December 2017
Listing Price on NSE: INR115 per share (up 130% from IPO price)
Closing Price on NSE: INR120.75 per share (up 141.5% from IPO price)
sell me ur confirm allotmnt at 1000
raju gupta
8863805714
Jyada samjhdar tu hi dikhe……6000 m market m sell ho rha h
DEAR ALL
NO NEED TO BE SUPER BULLISH ABOUT THIS IPO
I THINK IT WOULD OPEN WITH CIRCUIT FILTER LIMIT
ha wo to main hu
Price band will be 45-50. Dates 15 to 20 Dec…
At 50/- its PE will be 16.3 which is in line with competitors. But looking at the issue size of just 70 crore, allotment will be very difficult. People may jump to buy after listing and take the stock very high. It has happened earlier too so I’ll not be surprised…
Very accurate analysis Guptaji
Only Lucky will get allotment
Gujarati always good
Anyone here to help me, I want to buy kostak of Astron n my broker doesn’t allow to buy kostak!
9601979292
What are the figures for H1 FY18. Please update them.
Thanks for reminding, Vibhu. Figures are updated now 🙂
Good ipo. Invest this ipo. But allotment who one alloted he / she is lucky…..
can i invest in this IPO ?
How much Rs Gain from this IPO ?
How much i can not say …… but minimun 20 % upside sure in this ipo.
THANK YOU
DEAR ALL
NO NEED TO BE SUPER BULLISH ABOUT THIS IPO
I THINK IT WOULD OPEN WITH CIRCUIT FILTER LIMIT
THANK YOU
at least 60% return
In your dreams 😀
Invest is not important allotment is important
You are not invest but only subscribe
Difference between Revenues & expenses in H1 FY18 comes to 7.1 but the profit shown in 9.5
Where is the gap ? (similar issue in fy17)
Is HNI allotment made from the NII category with 15% reservation?
Can one apply under two different categories: RII ( 2lac?
how much probability of allotment to me
U are Patel, Owner of this company is Patel. 100% chances as we have Patel reservations in Stock market.
hahaha
supb explaination??
haha hahah good one…..anamat for patel
MILTI HAI TO ACCHA HAI BHAI
Good IPO lucky parson will get allotment
Eagle Eye Official Whats – App group is Active now. Contact only on Whats – App number 9122-182-978 with your name and city.
If you are already a part of Eagle Eye Network then ignore this message. Multiple joinee will be removed immediately from all the group.
This group is for IPO allotment, GMP, Listing, Reviews etc. The group will also provide you information about Secondary market.
Now i am less active on Website, Must join our Whats – App group. Just message your name and city on Whats – App number 9122-182-978.
DIS Z ANUREEDY FROM HYDERABAD…..CAN I JOIN UR GROUP ?
I want to buy 500 shares any seller?
i can sell my 560 shares and price per share is 150 if you intrested to contect me
In what category have you applied??
How many lots??
I want to buy at 0.15 rupees
Balkishan Nathani 8898444270
Allotment is out
Got 1 out of 7 applied 🙂
How to know ipo status
How did you know that ?
Fake
IPO STATUS NOT YET OUT…FAKE PPL
100% fake
M@MIt , bhai why r u lying ? IPO status not out yet.
I m.not able to see the allotment at link time services pls any one who applied n got alloted say how to check
allotment may not happen today…as per sources
not showing in allotment list how can see allotment status
Only will be out by 2 pm. check status using this link https://linkintime.co.in/publicIssue/
Might go down after listing
how to ipo allotement state here
Allotment is Out 🙂
Got one lot out of 2.
I cant find even now.Which site it is available now
Where to check the allotment status?
Fake master is lying
Yes.Truly its fake info.What pleasure does he get by bluffing..If u do that his allotment chances will nosedive.
agreed
Fakuuuu No. 1
LoL
your name it self Fake Master. It is fake news
feka na mar
witch site you claque
Better to sell on listing day.
high EPS compared to peers
can I get at 40 rupees?
Very less chances, probably Zero chances. This IPO will have higher circuit for 10-12 days. The price of single share gonna be 150 around in 2-3 weeks. After that it can be available for trading. so everyone gonna be hold this share for long time for higher profits.
Hahaha.. Its running at High EPS.
NDTV pro dont dream toomuch
Dear NDTV Pro,
Dont dream toomuch. Its already at high EPS compared to peers. so expect maximum gain from listing then it will go down. even 40 is also possible
link time registrar late time hona chahiye
Better to sell on listing day. Not much hope
looks like over valued
Hmm
Still not out….can anyone please tell the date,
Just now out, please check
ALLOTMENT ON 01/JAN/2018 AS PER SOURCES….
Pl possible do forward the link of allotment
I got a message from PNB of lein removal. so not allotted.
it is not showing the allotment status but allotment is already done..
i got the message of deduction of amount from my bank..
no allotment today….final news just confirmed from head office.
I just got a message from SBI of lein removal. No allotment in this but haven’t got any update from HDFC and Axis
No allotment for me :(, Amount refunded…
I also got a message from PNB of lein removal since no allotment.
i got 5 out of 6…. in accounts
Can you tell me is it pure luck or u follow some method …DAT u got 5 ou t of 6 ???
I applied for 3980 shares but not got allotment for single share, I dont know what is the logic to allot the shares.
itna kyu lga diya tha…not possible 280 ka lot size hai 3980 share bapu se lega…
Abey Bheem:- 3920 lagaye they 14 lot 280 wale iss tarah hue 3920 share lolu.
On which site allotment is available, Plz let me know..
http://www.bseindia.com/investors/appli_check.aspx
Unfortunately not got ….
HIGH DEPT TO EQUITY RATIO SO I FEEL RISKY
yeah thats why i am also worried :(. will sell half of the alloted shares
yeah thats why i am also worried :(. will sell half of the alloted shares
got it at grey market at +10% premium.
IT MAY OPEN AT 70 RS AND COME DOWN TO 60 RUPEES. SO IF U FIND 70 SELL IT. I DONT KNOW HOW SOME GUYS ARE TELLING 150.
I completely agree with you. Its P/E is higher compared to peers. It will go down for sure
Its over priced. Peers available at better price
I got 2 lots. at what price should I sell?
60 will be good price I feel so.
Peer South India Paper mills available at lower PE so. take care while holding
Can I sell at 55?
I got allotment. At what price I can sell? 55?
Can I get yours at 40?
bhai 55 pr mujhe de de
Dont sell. Hold hold
Hahaha Fake!!!
I am Expecting 10% Listing gain
Highly priced compared tp peers
Price should be below 40