The PAT figures can be disputed and I dont mind if they have pumped in 4.89 crores to show a +ve PAT in Aug 2017 before the IPO. The team and the company appears very focused and driven and entrepreneurial. Scope for growth exponential. This is certainly a better bet than Mahindra Logistics. But, I would wait till the last day to subscribe.
Bumper listing expected in this small ipo. Good reputed company with high quality paper in its basket. Papers are recycle and it''s first choice of FMCG, Pharma, Auto, Agro Industries and many other industries. So no worries about future. Future is great in this kind of good higher range paper mill. All the very best for lucky allotees.
Question is, when world is going to be paper less ( yesterday also we got a safety classes on reducing paper consumption and use alternative communication methods ) how much positivity we can expect on future perspective... Due to environment issues like cutting trees and chemical waste after treating pulp.. disposal issues and all, Will this sector have a good future ?
Brother, This is not related with digitisation, this company is manufacturing kraft paper which is to be used in boxes etc., boxes has no alternative to be discarded, the demand increasing also, as in modern life everything comes in good packing and fancy packing...
bro, I am using a so called box, purchased from DAISO made of some hard plastics and cloth... the same is available in IKEA or in lulu hyper market...with less cost compared to paper made ! if you want I can provide the photos of same, you can check how good is that product ... world is changing ... cars to electric...fossil to sun...like that we will have a paperless world !
I am interested in knowing more about these boxes. Can you please send more details like its name, where we can find it online and pictures if any. My email arjun200p at yahoo dot com thanks in advance
mailed you the details already. However, when world is asking every day for paper less life... How is the future of this sector ? this modernization will be more severe and can be more practical than relying on solar energy or electrical cars ! experts opinion please
All this modern talk like going green, going paperless may be good for corporates and biggies. They reduce the common man''s needs into a dream to ashes. Lot of other chemicals do more harm than just paper. There are nuclear wastes, chemical industry wastes, dyeing wastes, agri chemicals that do "n" times direct harm to the human body and environment.
Papers are traditionally good for children, much better to learn...Cognitive ability in children is much better than using a computer. Computer user children become spectacle children at young age, and also become inhuman machine with machine...I haven''t seen this in paper notebook users. Thus my vote goes to paper users.
Passbooks made of paper are much more safer than electronic accounts. Many modern systems created lot of hassles to the common man than doing them comfort, especially senior citizens....updating Aadhaar card....for example...the seniors run here and there even for cell phone connections....or you get blocked. Has anyone cared of the risk involved in electronic banking....lot of news are coming and there is no guarantee for anything in our country. Its the common man who suffers but not the biggies..
Paper is still a needed commodity...and will be...like me, many will prefer it....and I don''t think it alone spoils green...and to a greater extent....
Industry PE Highest - 20.37 Lowest - 12.25 Average - 16.78
Peer group Shree Ajit Pulp & Paper Ltd. PE 17.74 Genus Paper & Board Ltd. PE 20.37 South India Paper Mills Ltd. PE 12.25
NAV as on March 31, 2017 is Rs.13.94 per share
Very small issue of approx 80-90 crores and very less chances of allotment like Salasar Techno Engineering but it may also give bumper listing so let''s wait for official announcement of price band which may be around Rs.50-55.
10.1. R R Patel| Link| Bookmark|
November 23, 2017 11:19:35 AM
IPO Mentor (800+ Posts, 3400+ Likes)
Astron Paper and Board Mill Ltd IPO expected to be open in 1st week of December-2017 (Dec 4-6 or Dec 5-7).
Due to small issue we can expect overwhelming responses from all categories in this IPO.
6.1. KING VINOD| Link| Bookmark|
December 20, 2017 4:18:01 PM
IPO Guru (2400+ Posts, 5200+ Likes)
Astron Paper & Board Mill Limited IPO Latest Subscription Figures as on Last Day @ 05:10 PM QIB (NSE+BSE) = 25.06X + 78.29X = 103.35X Closed HNI (NSE+BSE) = 167.55X + 229.44X = 396.99X Closed RII (NSE+BSE) = 25.15X + 49.17X = 74.32X < Onliine Closed and Only Offline open> Employee (NSE+BSE) = 1.64X + 1.05X = 2.69X Total (NSE+BSE) = 98.37X + 143.72X = 242.09X As i already said overwhelming responses from all categories in this IPO I already Apply and Hoping for Allotment.