|
|
|
|
|
| Prospectus synopsis |
| |
|
|
Phone: Fax:
|
| Initial public offering of 1,40,00,000* equity shares of face value of Rs.10 each (the "equity shares") of Astron Paper & Board Mill Limited ("the company" or the "issuer") for cash at a price of Rs.50* per equity share (including share premium of Rs.40 per equity share) (the "issue price"), aggregating to Rs.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 Rs. 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 Rs. 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 Rs. 10 each.
*subject to finalisation of basis of allotment
**subject to finalization of basis of allotment and adjusted for employee discount of Rs.2.5 per equity share.
The face value of the equity shares is Rs.10 each. The issue price is Rs.50 per equity share and is 5.0 times of the face value.
|
| 15-Dec-17 |
20-Dec-17 |
Rs
50.00-0.00
|
Rs
0.00-0.00
|
| Minimum Application for shares in Nos :
280
Further Multiples of :
280
|
| Project Cost |
69.83 |
| Pantomath Capital Advisors Ltd |
|
| Project Financed through Current Offer |
69.83 |
|
| Post Issue Equity Share Capital |
46.50 |
|
| Issue Price |
Rs.50.00
|
|
|
|
|
| |
|
Setting up of additional facility for manufacturing of Kraft Paper with lower GSM ranging from 80 to 180 GSM and lower B.F. ranging from 12 B.F to 20 B.F
|
Part repayment of unsecured loan availed by the company
|
|
Funding the working capital requirements of the company
|
General corporate purposes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|