Analysis and Insights into the world of IPOs and investing in India

Tuesday, December 19, 2017

Astron Paper IPO receives warm response, closes tomorrow

Astron Paper & Board Mill Ltd, an Ahmadabad based manufacturer of Kraft paper, also known as paperboard or cardboard, has been subscribed 12.39 times on an overall basis till Day 3 of its opening. The IPO which closes for subscription tomorrow on Dec 20, 2017, has been offered in price band of Rs.45/- to Rs.50/- per share

The detailed subscription status till Dec 19, 2017 is given below :

QIB: 5.74 times
HNI: 1.15 times
Retail: 33.57 times
Employees: 1.59 times
Overall: 12.39 times


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