IPO DETAILS : Astron Paper & Board Mill Ltd.
D-702, Seventh Floor, Ganesh Meridian, Opposite High Court, S Ahmedabad, Gujarat - 380060
Phone: 40081221 Fax: 40081220

Public Issue of 14066500 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 40.00 per share.

Issue Open DateIssue Closing DateApplication MoneyAllotment Money
15/12/201720/12/201750.00 -
Lead Managers Registrar Listed at
PANTOMATH CAPITAL ADVISORS PVT. LTD.
Link Intime India Private Limited
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
BSE
NSE
Object of the issue

Requirement of Funds

The proceeds of the Issue, after deducting Issue related expenses, are estimated to be million (the "Net Proceeds").

We intend to utilize the Net Proceeds 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 availed by the Company,
3. Funding the working capital requirements of the Company,
4. General corporate purposes.




Promoted by

The Promoters of the company are Mr. Kirit G Patel, Mr. Ramakant Patel & Mr. Karshanbhai Patel

1. Mr. Kirit G Patel: is the aged 44 years, is the Promoter, Chairman and Managing Director of the Company. He has been on the Board of Directors of the Company since its incorporation. He holds a Bachelor‘s degree in Commerce from Gujarat University. He has over 2 (two) decades of work experience in the trading and paper packaging industry by virtue of being the proprietor of M/s. Mitul Enterprises, which was engaged in the business of paper packaging, from 1997 onwards till 2015. He is currently responsible for the management of the entire operations of the Company, including strategic initiatives of the business. For further details, please refer to the chapter titled ?the Management? beginning on page 155 of this DRHP.

Passport No: Z3520816
Driving Licence: GJ01 19990028697
Voter Id No.: UHH3009727
DIN: 03353684


2. Mr. Ramakant Patel: is the aged 51 years, is the Promoter and Executive Director of the Company. He has been on the Board of Directors of the Company since its incorporation. He has over two decades of work experience in packaging and paper industry. Prior to joining the Company, he was a Promoter and Director of Shreenath Packaging Private Limited from July, 1995 to January, 2006. Subsequently, he joined Shreerangam Packaging Private Limited as a Director in January, 2006 and continues to be a director till date. He currently looks after the marketing strategies of the Company. For further details, please refer to the chapter titled "the Management"

Passport No: L3368373
Driving Licence: GJ0 19860068263
Voter Id No.: LPZ5233366
DIN: 00233423

3.Mr. Karshanbhai Patel: is the Mr. Karshanbhai Patel, aged 64 years, is the Promoter and Executive Director of the Company. He has been on the Board of Directors of the Company since its incorporation. He has approximately 6 years of experience in the industry in which the Company operates. Presently, he is also a Director at Specific Ceramics Limited and Pokar Agrotech Private Limited. For further details, please refer to the chapter titled "the Management"

Passport No: J0326257
Driving Licence: GJ09 20100008430
Voter Id No.: GJ/15/105126417
DIN: 00048167