Astron Paper IPO Review:
- Apply for Listing Gain
Astron Paper IPO Dates & Price Band: (Approx)
- IPO Open: 15-December-2017
- IPO Close: 20-December-2017
- IPO Size: Approx Rs. 70-80 Crore (Approx)
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 45 to 50 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 1,40,00,000 Shares
Astron Paper IPO Market Lot:
- Shares: Apply for 280 Shares (Minimum Lot Size)
- Amount: Rs.14000
Astron Paper IPO Allotment & Listing:
- Basis of Allotment: 26-December-2017
- Refunds: 27-December-2017
- Credit to demat accounts: 27-December-2017
- Listing: 29-December-2017
Astron Paper Financial:
The company has good PAT of 10 crore in 2017 which is around 63% higher than 2016. Revenues seems good and increasing as well. The revenues in 2017 increased 17% to 185 crore compared to 2016 from 158 crore.
| Financial Results (Rs. in Crore) | |||||
| 2017 | 2016 | 2015 | 2014 | 2013 | |
| Revenue | 184.6 | 157.9 | 152.1 | 106.2 | 26.7 |
| Expense | 176.1 | 146.2 | 146.2 | 107.6 | 28.8 |
| PAT | 10.0 | 6.1 | 4.1 | (3.0) | (4.1) |
Company Promoters:
- Mr. Kirti G. Patel
- Mr. Ramakant Patel
- Karshanbhai Patel
- Asian Granito India Ltd
Quick Links:
DRHP Draft Prospectus
Astron Paper IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
Astron Paper IPO Lead Managers:
- PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
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: [email protected]
Website: http://astronpaper.com/
One Response
You often use the word 'refund' wrt ipo.
Money is blocked with lien and kept at bank itself.
Only in the case of allotment value is DEBITED and lien is lifted.
THERE IS NO REFUND!