D 702 7th Flr Ganesh Meridian,Opp. High Court S G Higway,
Gujarat, India.
Initial public offering of 1,40,00,000* equity shares of face value of (₹)10 each (the "equity shares") of Astron Paper & Board Mill Limited ("the company" or the "issuer") for cash at a price of (₹)50* per equity share (including share premium of (₹)40 per equity share) (the "issue price"), aggregating to (₹)69.83 Crores** (the "issue"). The issue comprises a net issue to the public of 1,33,00,000* equity shares (the "net issue") and reservation of 7,00,000* equity shares aggregating to (₹) 3.33 Crores for subscription by eligible employees (as defined herein) not exceeding 5% of the post-issue paid-up equity shares capital (the "employee reservation portion"). The issue would constitute 30.11 % of the post-issue paid-up equity share capital and the net issue to the public would constitue 28.60% of the post-issue paid-up equity share capital.
The company, in consultation with the book running lead manager ("brlm"), offered a discount of (₹) 2.5 per equity share (equivalent to 5%) on the issue price to eligible employees ("employee discount"). The face value of the equity shares is (₹) 10 each.
*subject to finalisation of basis of allotment
**subject to finalization of basis of allotment and adjusted for employee discount of (₹)2.5 per equity share.
The face value of the equity shares is (₹)10 each. The issue price is (₹)50 per equity share and is 5.0 times of the face value.
Minimum Application for shares in Nos :
280
Further Multiples of :
280
(Rs.Cr)
Lead Managers to the Issue
Project Cost
69.83
Pantomath Capital Advisors Ltd