Astron Paper & Board Mill Limited
Our Company was incorporated, as a public limited company on December
29, 2010 under the provisions of the Companies Act, 1956 as Astron Papers Board Mill
Limited, in Gujarat vide certificate of incorporation issued by the Registrar of
Companies, Gujarat, Dadra and Nagar Havelli on December 29, 2010. Our Company also
obtained the Certificate of Commencement of Business on February 3, 2011 from the
Registrar of Companies, Gujarat, Dadra and Nagar Havelli. For details of changes in the
name and the registered office of our Company, see the chapter titled 'History and
Certain Corporate Matters' beginning on page 165 of the Prospectus.
Registered Office & Corporate Office: D-702, Seventh Floor,
Ganesh Meridian, Opposite:- High Court, S.G. Highway, Ahmedabad - 380060. Tel: +
91-79-40081221; Fax: + 91-79-40081220; Contact Person: Mr.
Uttambhai Patel, Designation: Company Secretary and Compliance Officer; E-mail: cs@astronpaper.com; Website: www.astronpaper.com;
Corporate Identification Number U21090GJ2010PLC063428
PROMOTERS OF OUR COMPANY: MR. KIRIT G. PATEL, MR. RAMAKANT PATEL,
MR KARSHANBH PATEL AND
ASIAN GRANITO INDIA LIMITED
BASIS OF ALLOTMENT
Our Company had filed the Prospectus with the Registrar of Companies, Ahmedabad and the
Equity Shares are proposed to be listed on the BSE Limited ('BSE') and the
National Stock Exchange of India Limited ('NSE') and the trading is expected to
commence on or about December 29, 2017.
INITIAL PUBLIC OFFERING OF UP TO 1,40,00,000 EQUITY SHARES OF FACE VALUE OF RS 10
EACH (THE 'EQUITY SHARES') OF ASTRON PAPER & BOARD MILL LIMITED ('OUR
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 UP TO RS 698.25 MILLION (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 UPTO RS 33.25 MILLION FOR
SUBSCRIPTION BY ELIGIBLE EMPLOYEES NOT EXCEEDING 5% OF OUR POST-ISSUE PAID-UP EQUITY
SHARES CAPITAL (THE 'EMPLOYEE RESERVATION PORTION'). THE ISSUE WOULD CONSTITUTE
30.11% OF OUR POST-ISSUE PAID-UP EQUITY SHARE CAPITAL AND THE NET ISSUE TO THE PUBLIC
WOULD CONSTITUE 28.60% OF OUR POST-ISSUE PAID-UP EQUFTY SHARE CAPITAL. OUR 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 ISSUE PRICE: RS 50* PER EQUITY SHARE OF FACE VALUE OF
RS 10 EACH
THE ISSUE PRICE IS 5.00 TIMES OF THE FACE VALUE
*A discount of Rs 2.5 per Equity Share on Issue Price has been offered to Eligible
Employees
Risks to Investors:
i. The BRLM associated with the Issue has handled 56 SME public issues
in the past three years out of which 2 issues closed below the issue price on listing
date.
ii. Net Asset Value of the Issuer as on March 31, 2017 is Rs 13.94 per Equity Share
as against highest NAV in the peer group of Rs 174.77 per Equity Share as disclosed in the
Prospectus.
iii. Our Company had negative cash flow from our Operating activities, Investing
activities, as well as Financing activities in the past years, For further details kindly
refer Risk Factor No. 33 of chapter titled 'Risk Factors' on page 17of the
Prospectus.
iv. Average cost of acquisition of Equity Shares for Promoters namely Mr. Kirit G. Patel,
Mr. Ramakant Patel, Mr. Karshanbhai Patel and Asian Granite India Limited is Rs 4.24
per share, Rs 9.10 per share, Rs 2.77 per share, Rs 8.95 per share
respectively and Issue Price at upper end of the Price Band is Rs 50 per share.
v. Price Earning (P/E) Ratio based on the Diluted EPS for the year ended March 31, 2017 is
14.71 at the lower end of the Price Band and 16.34 at the higher end of the Price Band as
compared to the average industry peer group P/E ratio of 22.89.
vi. Weighted average return on net worth for the financial years ended on March 2017, 2016
and 2015 is 19.08%.
BID/ISSUE PROGRAMME:
BID/ISSUE OPENED ON: DECEMBER 15, 2017 | BID/ISSUE CLOSED ON: DECEMBER 20, 2017
In terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as
amended (the 'SCRR') the Issue has being made for at least 25%
of the post-Issue paid-up Equity Share capital of our Company. The Issue has being made
through the Book Building Process, in compliance with Regulation 26(1) of the Securities
and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations,
2009, as amended the ('SEBI ICDR Regulations') wherein 10% of the Net
Issue was allocated on a proportionate basis to Qualified Institutional Buyers ('QIBs')
(the 'QIB Category'). Further, 5% of the QIB Category was available
for allocation on a proportionate basis to Mutual Funds only and the remainder was
available for allocation on a proportionate basis to QIBs including Mutual Funds, subject
to valid Bids being received from them at or above the Issue Price. Further, not less than
55% of the Net Issue was available for allocation on a proportionate basis to
Non-Institutional Investors and not less than 35% of the Net Issue was available for
allocation to Retail Individual Investors, in accordance with the SEBI ICDR Regulations,
subject to valid Bids being received at or above the Issue Price. All Bidders shall
participate in this Issue mandatorily through the Applications Supported by Blocked Amount
('ASBA') process by providing details of their respective bank accounts
which will be blocked by SCSBs. For details, see 'Issue Procedure' on
page 266 of the Prospectus.
The Issue received 3,37,59,86,040 applications for 1,40,00,000 Equity Shares as per the
bid book resulting in 241.14 times subscription as disclosed in the Prospectus. The
details of the applications received in the Issue from Retail Individual Bidders,
Non-Institutional Bidders, QIBs and Employee reservation portion are as under (before
technical rejections):
Sr. No |
Category |
No. of
Applications |
No. of
Equity Shares |
Equity Shares
Reserved # |
No. of
times Subscribed |
Amount
(In Rs.) |
A |
Retail Individual Investors |
11,14,705 |
35,41,03,680 |
46,55,000 |
76.07 |
17,710,395,940 |
B |
Non Institutional Investors |
2,094 |
2,88,31,29,760 |
73,15,000 |
394.14 |
144,156,227,560 |
C |
Qualified Institutional Buyers |
39 |
13,68,82,760 |
13,30,000 |
102.92 |
6,84,41,38,000 |
D |
Eligible Employees |
1,859 |
18,69,840 |
7,00,000 |
2.67 |
8,89,24,020 |
|
Total |
11,18,697 |
3,37,59,86,040 |
1,40,00,000 |
241.14 |
1,68,79,96,85,520 |
# At the upper end of the price band; and for Eligible Employees adjusted for
Employee Discount
Final Demand
A summary of the final demand as per the BSE and the NSE as on the Bid/Issue Closing Date
at different Bid prices is as under:
Sr. No. |
Bid
Price |
No. of
Equity Shares |
% To
Total |
Cumulative
Total |
Cumulative %
of Total |
1 |
45 |
1064000 |
0.03 |
1064000 |
0.03 |
2 |
46 |
232960 |
0.01 |
1296960 |
0.04 |
3 |
47 |
280560 |
0.01 |
1577520 |
0.05 |
4 |
48 |
681520 |
0.02 |
2259040 |
0.07 |
5 |
49 |
459200 |
0.01 |
2718240 |
0.08 |
6 |
50 |
3122873320 |
91.62 |
3125591560 |
91.70 |
|
CUTOFF |
282966040 |
8.30 |
3408557600 |
100.00 |
|
TOTAL |
3408557600 |
|
|
|
The Basis of Allotment was finalized in consultation with the Designated Stock
Exchange, being BSE on December 27,2017.
A. Allotment to Retail Individual Investors (After Technical Rejections) (including
ASBA Applications)
The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at the
Issue Price of Rs 50.00 per Equity Share, was finalized in consultation with the
BSE. This category has been subscribed to the extent of 74.37 times. The total number of
Equity Shares Allotted in Retail Individual Bidders category is 46,55,000 Equity Shares to
16,625 successful applicants. The category-wise details of the Basis of Allotment are as
under:
Category |
No. of
Applications
Received |
% of
Total |
Total No. of
Equity Shares
applied |
% to
Total |
No. of Equity
Shares Allotted
per Applicant |
Ratio |
Total No. of
Equity Shares
Allotted |
280 |
1044651 |
95.77 |
292502280 |
84.49 |
280 |
5:328 |
4457880 |
560 |
23881 |
2.19 |
13373360 |
3.86 |
280 |
2:131 |
101920 |
840 |
6627 |
0.61 |
5566680 |
1.61 |
280 |
2:131 |
28280 |
1120 |
3508 |
0.32 |
3928960 |
1.13 |
280 |
2:131 |
15120 |
1400 |
3156 |
0.29 |
4418400 |
1.28 |
280 |
2:131 |
13440 |
1680 |
866 |
0.08 |
1454880 |
0.42 |
280 |
2:131 |
3640 |
1960 |
1858 |
0.17 |
3641680 |
1.05 |
280 |
2:131 |
7840 |
2240 |
706 |
0.06 |
1581440 |
0.46 |
280 |
2:131 |
3080 |
2520 |
328 |
0.03 |
826560 |
0.24 |
280 |
2:131 |
1400 |
2800 |
1165 |
0.11 |
3262000 |
0.94 |
280 |
2:131 |
5040 |
3080 |
226 |
0.02 |
696080 |
0.20 |
280 |
2:131 |
840 |
3360 |
200 |
0.02 |
672000 |
0.19 |
280 |
2:131 |
840 |
3640 |
239 |
0.02 |
869960 |
0.25 |
280 |
2:131 |
1120 |
3920 |
3416 |
0.31 |
13390720 |
3.87 |
280 |
2:131 |
14560 |
TOTAL |
1090827 |
100.00 |
346185000 |
100.00 |
|
|
4655000 |
B. Allotment to Non Institutional Bidders (After Technical Rejections)
The Basis of Allotment to the Non-Institutional Bidders, who have bid at the Issue
Price of Rs 50 per Equity Share or above, was finalized in consultation with the
BSE. This category has been subscribed to the extent of 394.09 times. The total number of
Equity Shares allotted in this category is 73,15,000 Equity Shares to 673 successful
applicants. The category-wise details of the Basis of Allotment are as under
Category |
No. of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares applied |
% to
Total |
No. of Equity
Shares Allotted
per Applicant |
Ratio |
Total No.
of Equity
Shares Allotted |
4200 |
681 |
33.20 |
2860200 |
0.10 |
280 |
1:27 |
7000 |
4480 |
82 |
4.00 |
367360 |
0.01 |
280 |
3:82 |
840 |
4760 |
29 |
1.41 |
138040 |
0.00 |
280 |
1:29 |
280 |
5040 |
43 |
2.10 |
216720 |
0.01 |
280 |
2:43 |
560 |
5320 |
11 |
0.54 |
58520 |
0.00 |
280 |
1:11 |
280 |
5600 |
61 |
2.97 |
341600 |
0.01 |
280 |
3:61 |
840 |
5880 |
21 |
1.02 |
123480 |
0.00 |
280 |
1:21 |
280 |
6160 |
26 |
1.27 |
160160 |
0.01 |
280 |
1:26 |
280 |
6440 |
11 |
0.54 |
70840 |
0.00 |
280 |
1:11 |
280 |
6720 |
5 |
0.24 |
33600 |
0.00 |
280 |
1:5 |
280 |
7000 |
9 |
0.44 |
63000 |
0.00 |
280 |
1:9 |
280 |
7280 |
3 |
0.15 |
21840 |
0.00 |
280 |
1:3 |
280 |
7560 |
4 |
0.20 |
30240 |
0.00 |
280 |
1:4 |
280 |
7840 |
23 |
1.12 |
180320 |
0.01 |
280 |
1:23 |
280 |
8120 |
12 |
0.59 |
97440 |
0.00 |
280 |
1:12 |
280 |
8400 |
27 |
1.32 |
226800 |
0.01 |
280 |
2:27 |
560 |
8680 |
5 |
0.24 |
43400 |
0.00 |
280 |
1:5 |
280 |
8960 |
8 |
0.39 |
71680 |
0.00 |
280 |
1:8 |
280 |
9240 |
4 |
0.20 |
36960 |
0.00 |
280 |
1:4 |
280 |
9520 |
3 |
0.15 |
28560 |
0.00 |
280 |
1:3 |
280 |
9800 |
63 |
3.07 |
617400 |
0.02 |
280 |
5:63 |
1400 |
10080 |
52 |
2.54 |
524160 |
0.02 |
280 |
5:52 |
1400 |
10360 |
9 |
0.44 |
93240 |
0.00 |
280 |
1:9 |
280 |
10640 |
1 |
0.05 |
10640 |
0.00 |
0 |
1:1 |
0 |
10920 |
4 |
0.20 |
43680 |
0.00 |
280 |
1:4 |
280 |
11200 |
25 |
1.22 |
280000 |
0.01 |
280 |
2:25 |
560 |
11480 |
2 |
0.10 |
22960 |
0.00 |
280 |
1:2 |
280 |
11760 |
7 |
0.34 |
82320 |
0.00 |
280 |
1:7 |
280 |
12040 |
3 |
0.15 |
36120 |
0.00 |
280 |
1:3 |
280 |
12320 |
2 |
0.10 |
24640 |
0.00 |
280 |
1:2 |
280 |
12600 |
4 |
0.20 |
50400 |
0.00 |
280 |
1:4 |
280 |
12880 |
3 |
0.15 |
38640 |
0.00 |
280 |
1:3 |
280 |
13160 |
2 |
0.10 |
26320 |
0.00 |
280 |
1:2 |
280 |
13440 |
2 |
0.10 |
26880 |
0.00 |
280 |
1:2 |
280 |
13720 |
1 |
0.05 |
13720 |
0.00 |
0 |
1:1 |
0 |
14000 |
21 |
1.02 |
294000 |
0.01 |
280 |
2:21 |
560 |
14280 |
7 |
0.34 |
99960 |
0.00 |
280 |
1:7 |
280 |
14560 |
1 |
0.05 |
14560 |
0.00 |
0 |
1:1 |
0 |
14840 |
1 |
0.05 |
14840 |
0.00 |
0 |
1:1 |
0 |
15120 |
4 |
0.20 |
60480 |
0.00 |
280 |
1:4 |
280 |
15400 |
3 |
0.15 |
46200 |
0.00 |
280 |
1:3 |
280 |
15680 |
3 |
0.15 |
47040 |
0.00 |
280 |
1:3 |
280 |
15960 |
9 |
0.44 |
143640 |
0.00 |
280 |
1:9 |
280 |
16240 |
4 |
0.20 |
64960 |
0.00 |
280 |
1:4 |
280 |
16520 |
3 |
0.15 |
49560 |
0.00 |
280 |
1:3 |
280 |
16800 |
5 |
0.24 |
84000 |
0.00 |
280 |
1:5 |
280 |
17920 |
2 |
0.10 |
35840 |
0.00 |
280 |
1:2 |
280 |
18200 |
3 |
0.15 |
54600 |
0.00 |
280 |
1:3 |
280 |
19040 |
2 |
0.10 |
38080 |
0.00 |
280 |
1:2 |
280 |
19320 |
1 |
0.05 |
19320 |
0.00 |
0 |
1:1 |
0 |
19600 |
11 |
0.54 |
215600 |
0.01 |
280 |
2:11 |
560 |
19880 |
30 |
1.46 |
596400 |
0.02 |
280 |
1:6 |
1400 |
20160 |
23 |
1.12 |
463680 |
0.02 |
280 |
4:23 |
1120 |
20440 |
5 |
0.24 |
102200 |
0.00 |
280 |
1:5 |
280 |
20720 |
3 |
0.15 |
62160 |
0.00 |
280 |
1:3 |
280 |
21000 |
5 |
0.24 |
105000 |
0.00 |
280 |
1:5 |
280 |
21560 |
2 |
0.10 |
43120 |
0.00 |
280 |
1:2 |
280 |
21840 |
1 |
0.05 |
21840 |
0.00 |
0 |
1:1 |
0 |
22400 |
4 |
0.20 |
89600 |
0.00 |
280 |
1:4 |
280 |
23240 |
2 |
0.10 |
46480 |
0.00 |
280 |
1:2 |
280 |
23520 |
1 |
0.05 |
23520 |
0.00 |
0 |
1:1 |
0 |
23800 |
1 |
0.05 |
23800 |
0.00 |
0 |
1:1 |
0 |
24080 |
1 |
0.05 |
24080 |
0.00 |
0 |
1:1 |
0 |
24360 |
1 |
0.05 |
24360 |
0.00 |
0 |
1:1 |
0 |
24640 |
1 |
0.05 |
24640 |
0.00 |
0 |
1:1 |
0 |
24920 |
1 |
0.05 |
24920 |
0.00 |
0 |
1:1 |
0 |
Category |
No. of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares applied |
% to
Total |
No. of Equity
Shares Allotted
per Applicant |
Ratio |
Total No.
of Equity
Shares Allotted |
25200 |
2 |
0.10 |
50400 |
0.00 |
280 |
1:2 |
280 |
25760 |
2 |
0.10 |
51520 |
0.00 |
280 |
1:2 |
280 |
26040 |
2 |
0.10 |
52080 |
0.00 |
280 |
1:2 |
280 |
26600 |
4 |
0.20 |
106400 |
0.00 |
280 |
1:4 |
280 |
26880 |
1 |
0.05 |
26880 |
0.00 |
0 |
1:1 |
0 |
27440 |
2 |
0.10 |
54880 |
0.00 |
280 |
1:2 |
280 |
28000 |
14 |
0.68 |
392000 |
0.01 |
280 |
3:14 |
840 |
28560 |
1 |
0.05 |
28560 |
0.00 |
280 |
1:1 |
280 |
28840 |
3 |
0.15 |
86520 |
0.00 |
280 |
1:3 |
280 |
29960 |
2 |
0.10 |
59920 |
0.00 |
280 |
1:2 |
280 |
30240 |
2 |
0.10 |
60480 |
0.00 |
280 |
1:2 |
280 |
30800 |
2 |
0.10 |
61600 |
0.00 |
280 |
1:2 |
280 |
31080 |
1 |
0.05 |
31080 |
0.00 |
280 |
1:1 |
280 |
31360 |
2 |
0.10 |
62720 |
0.00 |
280 |
1:2 |
280 |
31640 |
4 |
0.20 |
126560 |
0.00 |
280 |
1:4 |
280 |
31920 |
3 |
0.15 |
95760 |
0.00 |
280 |
1:3 |
280 |
32200 |
2 |
0.10 |
64400 |
0.00 |
280 |
1:2 |
280 |
32480 |
1 |
0.05 |
32480 |
0.00 |
280 |
1:1 |
280 |
32760 |
1 |
0.05 |
32760 |
0.00 |
280 |
1:1 |
280 |
33320 |
1 |
0.05 |
33320 |
0.00 |
280 |
1:1 |
280 |
33600 |
2 |
0.10 |
67200 |
0.00 |
280 |
1:2 |
280 |
33880 |
1 |
0.05 |
33880 |
0.00 |
280 |
1:1 |
280 |
34160 |
1 |
0.05 |
34160 |
0.00 |
280 |
1:1 |
280 |
34440 |
2 |
0.10 |
68880 |
0.00 |
280 |
1:2 |
280 |
35000 |
2 |
0.10 |
70000 |
0.00 |
280 |
1:2 |
280 |
35280 |
2 |
0.10 |
70560 |
0.00 |
280 |
1:2 |
280 |
35560 |
1 |
0.05 |
35560 |
0.00 |
280 |
1:1 |
280 |
36120 |
2 |
0.10 |
72240 |
0.00 |
280 |
1:2 |
280 |
36400 |
1 |
0.05 |
36400 |
0.00 |
280 |
1:1 |
280 |
36680 |
1 |
0.05 |
36680 |
0.00 |
280 |
1:1 |
280 |
37240 |
2 |
0.10 |
74480 |
0.00 |
280 |
1:2 |
280 |
37520 |
1 |
0.05 |
37520 |
0.00 |
280 |
1:1 |
280 |
37800 |
1 |
0.05 |
37800 |
0.00 |
280 |
1:1 |
280 |
38640 |
2 |
0.10 |
77280 |
0.00 |
280 |
1:2 |
280 |
39200 |
4 |
0.20 |
156800 |
0.01 |
280 |
1:4 |
280 |
39480 |
3 |
0.15 |
118440 |
0.00 |
280 |
1:3 |
280 |
39760 |
8 |
0.39 |
318080 |
0.01 |
280 |
3:8 |
840 |
40040 |
1 |
0.05 |
40040 |
0.00 |
280 |
1:1 |
280 |
40880 |
1 |
0.05 |
40880 |
0.00 |
280 |
1:1 |
280 |
41160 |
1 |
0.05 |
41160 |
0.00 |
280 |
1:1 |
280 |
41440 |
2 |
0.10 |
82880 |
0.00 |
280 |
1:2 |
280 |
42000 |
5 |
0.24 |
210000 |
0.01 |
280 |
2:5 |
560 |
42280 |
1 |
0.05 |
42280 |
0.00 |
280 |
1:1 |
280 |
44240 |
1 |
0.05 |
44240 |
0.00 |
280 |
1:1 |
280 |
44800 |
3 |
0.15 |
134400 |
0.00 |
280 |
1:3 |
280 |
45640 |
1 |
0.05 |
45640 |
0.00 |
280 |
1:1 |
280 |
45920 |
1 |
0.05 |
45920 |
0.00 |
280 |
1:1 |
280 |
47040 |
1 |
0.05 |
47040 |
0.00 |
280 |
1:1 |
280 |
49000 |
2 |
0.10 |
98000 |
0.00 |
280 |
1:2 |
280 |
49840 |
13 |
0.63 |
647920 |
0.02 |
280 |
6:13 |
1680 |
50120 |
1 |
0.05 |
50120 |
0.00 |
280 |
1:1 |
280 |
50400 |
3 |
0.15 |
151200 |
0.01 |
280 |
1:3 |
280 |
50680 |
1 |
0.05 |
50680 |
0.00 |
280 |
1:1 |
280 |
51520 |
1 |
0.05 |
51520 |
0.00 |
280 |
1:1 |
280 |
51800 |
1 |
0.05 |
51800 |
0.00 |
280 |
1:1 |
280 |
52640 |
1 |
0.05 |
52640 |
0.00 |
280 |
1:1 |
280 |
52920 |
1 |
0.05 |
52920 |
0.00 |
280 |
1:1 |
280 |
53200 |
1 |
0.05 |
53200 |
0.00 |
280 |
1:1 |
280 |
54880 |
1 |
0.05 |
54880 |
0.00 |
280 |
1:1 |
280 |
55720 |
1 |
0.05 |
55720 |
0.00 |
280 |
1:1 |
280 |
56000 |
6 |
0.29 |
336000 |
0.01 |
280 |
1:2 |
840 |
59920 |
1 |
0.05 |
59920 |
0.00 |
280 |
1:1 |
280 |
60200 |
3 |
0.15 |
180600 |
0.01 |
280 |
1:3 |
280 |
63000 |
1 |
0.05 |
63000 |
0.00 |
280 |
1:1 |
280 |
63560 |
1 |
0.05 |
63560 |
0.00 |
280 |
1:1 |
280 |
66080 |
5 |
0.24 |
330400 |
0.01 |
280 |
3:5 |
840 |
68320 |
1 |
0.05 |
68320 |
0.00 |
280 |
1:1 |
280 |
69160 |
1 |
0.05 |
69160 |
0.00 |
280 |
1:1 |
280 |
70000 |
4 |
0.20 |
280000 |
0.01 |
280 |
1:2 |
560 |
75600 |
1 |
0.05 |
75600 |
0.00 |
280 |
1:1 |
280 |
78400 |
1 |
0.05 |
78400 |
0.00 |
280 |
1:1 |
280 |
79800 |
5 |
0.24 |
399000 |
0.01 |
280 |
3:5 |
840 |
80080 |
2 |
0.10 |
160160 |
0.01 |
280 |
1:2 |
280 |
84000 |
8 |
0.39 |
672000 |
0.02 |
280 |
3:4 |
1680 |
85960 |
1 |
0.05 |
85960 |
0.00 |
280 |
1:1 |
280 |
88200 |
2 |
0.10 |
176400 |
0.01 |
280 |
1:2 |
280 |
89320 |
1 |
0.05 |
89320 |
0.00 |
280 |
1:1 |
280 |
89880 |
4 |
0.20 |
359520 |
0.01 |
280 |
3:4 |
840 |
90720 |
2 |
0.10 |
181440 |
0.01 |
280 |
1:2 |
280 |
95760 |
1 |
0.05 |
95760 |
0.00 |
280 |
1:1 |
280 |
97720 |
1 |
0.05 |
97720 |
0.00 |
280 |
1:1 |
280 |
98000 |
2 |
0.10 |
196000 |
0.01 |
280 |
1:2 |
280 |
99120 |
1 |
0.05 |
99120 |
0.00 |
280 |
1:1 |
280 |
99400 |
1 |
0.05 |
99400 |
0.00 |
280 |
1:1 |
280 |
99680 |
1 |
0.05 |
99680 |
0.00 |
280 |
1:1 |
280 |
99960 |
9 |
0.44 |
899640 |
0.03 |
280 |
8:9 |
2240 |
100240 |
2 |
0.10 |
200480 |
0.01 |
280 |
1:1 |
560 |
102200 |
3 |
0.15 |
306600 |
0.01 |
280 |
2:3 |
560 |
103880 |
1 |
0.05 |
103880 |
0.00 |
280 |
1:1 |
280 |
105560 |
1 |
0.05 |
105560 |
0.00 |
280 |
1:1 |
280 |
107800 |
2 |
0.10 |
215600 |
0.01 |
280 |
1:1 |
560 |
119000 |
1 |
0.05 |
119000 |
0.00 |
302 |
1:1 |
302 |
119840 |
1 |
0.05 |
119840 |
0.00 |
304 |
1:1 |
304 |
120400 |
2 |
0.10 |
240800 |
0.01 |
305 |
1:1 |
610 |
126000 |
2 |
0.10 |
252000 |
0.01 |
319 |
1:1 |
638 |
127400 |
1 |
0.05 |
127400 |
0.00 |
323 |
1:1 |
323 |
129080 |
1 |
0.05 |
129080 |
0.00 |
328 |
1:1 |
328 |
139720 |
1 |
0.05 |
139720 |
0.00 |
355 |
1:1 |
355 |
140000 |
5 |
0.24 |
700000 |
0.02 |
355 |
1:1 |
1775 |
141960 |
2 |
0.10 |
283920 |
0.01 |
359 |
1:1 |
718 |
149520 |
1 |
0.05 |
149520 |
0.01 |
379 |
1:1 |
379 |
149800 |
4 |
0.20 |
599200 |
0.02 |
379 |
1:1 |
1516 |
150080 |
1 |
0.05 |
150080 |
0.01 |
380 |
1:1 |
380 |
154000 |
1 |
0.05 |
154000 |
0.01 |
390 |
1:1 |
390 |
158200 |
1 |
0.05 |
158200 |
0.01 |
400 |
1:1 |
400 |
159600 |
2 |
0.10 |
319200 |
0.01 |
404 |
1:1 |
808 |
160160 |
1 |
0.05 |
160160 |
0.01 |
405 |
1:1 |
405 |
162120 |
1 |
0.05 |
162120 |
0.01 |
410 |
1:1 |
410 |
179760 |
1 |
0.05 |
179760 |
0.01 |
455 |
1:1 |
455 |
182000 |
1 |
0.05 |
182000 |
0.01 |
461 |
1:1 |
461 |
183960 |
1 |
0.05 |
183960 |
0.01 |
466 |
1:1 |
466 |
187880 |
1 |
0.05 |
187880 |
0.01 |
476 |
1:1 |
476 |
189840 |
1 |
0.05 |
189840 |
0.01 |
481 |
1:1 |
481 |
191800 |
1 |
0.05 |
191800 |
0.01 |
486 |
1:1 |
486 |
196000 |
2 |
0.10 |
392000 |
0.01 |
497 |
1:1 |
994 |
198800 |
1 |
0.05 |
198800 |
0.01 |
503 |
1:1 |
503 |
199920 |
8 |
0.39 |
1599360 |
0.06 |
506 |
1:1 |
4048 |
200200 |
4 |
0.20 |
800800 |
0.03 |
507 |
1:1 |
2028 |
204400 |
2 |
0.10 |
408800 |
0.01 |
518 |
1:1 |
1036 |
210000 |
1 |
0.05 |
210000 |
0.01 |
532 |
1:1 |
532 |
211960 |
1 |
0.05 |
211960 |
0.01 |
537 |
1:1 |
537 |
220080 |
1 |
0.05 |
220080 |
0.01 |
557 |
1:1 |
557 |
221200 |
1 |
0.05 |
221200 |
0.01 |
560 |
1:1 |
560 |
229880 |
1 |
0.05 |
229880 |
0.01 |
582 |
1:1 |
582 |
239960 |
1 |
0.05 |
239960 |
0.01 |
608 |
1:1 |
608 |
250880 |
1 |
0.05 |
250880 |
0.01 |
636 |
1:1 |
636 |
252000 |
1 |
0.05 |
252000 |
0.01 |
638 |
1:1 |
638 |
266000 |
2 |
0.10 |
532000 |
0.02 |
674 |
1:1 |
1348 |
268800 |
1 |
0.05 |
268800 |
0.01 |
681 |
1:1 |
681 |
280000 |
2 |
0.10 |
560000 |
0.02 |
710 |
1:1 |
1420 |
292600 |
1 |
0.05 |
292600 |
0.01 |
741 |
1:1 |
741 |
299600 |
1 |
0.05 |
299600 |
0.01 |
759 |
1:1 |
759 |
299880 |
3 |
0.15 |
899640 |
0.03 |
760 |
1:1 |
2280 |
300160 |
1 |
0.05 |
300160 |
0.01 |
761 |
1:1 |
761 |
309680 |
1 |
0.05 |
309680 |
0.01 |
785 |
1:1 |
785 |
309960 |
1 |
0.05 |
309960 |
0.01 |
786 |
1:1 |
786 |
322840 |
1 |
0.05 |
322840 |
0.01 |
818 |
1:1 |
818 |
350000 |
6 |
0.29 |
2100000 |
0.07 |
887 |
1:1 |
5322 |
376600 |
1 |
0.05 |
376600 |
0.01 |
955 |
1:1 |
955 |
378000 |
1 |
0.05 |
378000 |
0.01 |
958 |
1:1 |
958 |
390040 |
1 |
0.05 |
390040 |
0.01 |
989 |
1:1 |
989 |
399000 |
2 |
0.10 |
798000 |
0.03 |
1011 |
1:1 |
2022 |
399840 |
6 |
0.29 |
2399040 |
0.08 |
1014 |
1:1 |
6084 |
400120 |
2 |
0.10 |
800240 |
0.03 |
1014 |
1:1 |
2028 |
413840 |
1 |
0.05 |
413840 |
0.01 |
1049 |
1:1 |
1049 |
434000 |
1 |
0.05 |
434000 |
0.02 |
1100 |
1:1 |
1100 |
476000 |
1 |
0.05 |
476000 |
0.02 |
1206 |
1:1 |
1206 |
483840 |
1 |
0.05 |
483840 |
0.02 |
1226 |
1:1 |
1226 |
499800 |
1 |
0.05 |
499800 |
0.02 |
1266 |
1:1 |
1266 |
504000 |
2 |
0.10 |
1008000 |
0.03 |
1277 |
1:1 |
2554 |
540400 |
1 |
0.05 |
540400 |
0.02 |
1369 |
1:1 |
1369 |
551600 |
1 |
0.05 |
551600 |
0.02 |
1398 |
1:1 |
1398 |
560000 |
1 |
0.05 |
560000 |
0.02 |
1419 |
1:1 |
1419 |
568680 |
1 |
0.05 |
568680 |
0.02 |
1441 |
1:1 |
1441 |
568960 |
1 |
0.05 |
568960 |
0.02 |
1442 |
1:1 |
1442 |
569240 |
1 |
0.05 |
569240 |
0.02 |
1442 |
1:1 |
1442 |
569520 |
1 |
0.05 |
569520 |
0.02 |
1443 |
1:1 |
1443 |
599760 |
2 |
0.10 |
1199520 |
0.04 |
1520 |
1:1 |
3040 |
613200 |
1 |
0.05 |
613200 |
0.02 |
1554 |
1:1 |
1554 |
799960 |
1 |
0.05 |
799960 |
0.03 |
2027 |
1:1 |
2027 |
828800 |
1 |
0.05 |
828800 |
0.03 |
2100 |
1:1 |
2100 |
840000 |
1 |
0.05 |
840000 |
0.03 |
2128 |
1:1 |
2128 |
Category |
No. of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares applied |
% to
Total |
No. of Equity
Shares Allotted
per Applicant |
Ratio |
Total No.
of Equity
Shares Allotted |
980000 |
1 |
0.05 |
980000 |
0.03 |
2484 |
1:1 |
2484 |
999600 |
2 |
0.10 |
1999200 |
0.07 |
2533 |
1:1 |
5066 |
999880 |
11 |
0.54 |
10998680 |
0.38 |
2534 |
1:1 |
27874 |
1000160 |
1 |
0.05 |
1000160 |
0.03 |
2535 |
1:1 |
2535 |
1001000 |
1 |
0.05 |
1001000 |
0.03 |
2537 |
1:1 |
2537 |
1039920 |
1 |
0.05 |
1039920 |
0.04 |
2636 |
1:1 |
2636 |
1199800 |
1 |
0.05 |
1199800 |
0.04 |
3040 |
1:1 |
3040 |
1351840 |
1 |
0.05 |
1351840 |
0.05 |
3426 |
1:1 |
3426 |
1400000 |
1 |
0.05 |
1400000 |
0.05 |
3547 |
1:1 |
3547 |
1439760 |
1 |
0.05 |
1439760 |
0.05 |
3648 |
1:1 |
3648 |
1799840 |
1 |
0.05 |
1799840 |
0.06 |
4561 |
1:1 |
4561 |
1999200 |
1 |
0.05 |
1999200 |
0.07 |
5066 |
1:1 |
5066 |
1999760 |
28 |
1.37 |
55993280 |
1.94 |
5067 |
1:1 |
141876 |
2499840 |
10 |
0.49 |
24998400 |
0.87 |
6335 |
1:1 |
63350 |
2999920 |
3 |
0.15 |
8999760 |
0.31 |
7602 |
1:1 |
22806 |
3000200 |
2 |
0.10 |
6000400 |
0.21 |
7603 |
1:1 |
15206 |
3346000 |
1 |
0.05 |
3346000 |
0.12 |
8479 |
1:1 |
8479 |
3500000 |
2 |
0.10 |
7000000 |
0.24 |
8869 |
1:1 |
17738 |
3599960 |
1 |
0.05 |
3599960 |
0.12 |
9123 |
1:1 |
9123 |
3999800 |
11 |
0.54 |
43997800 |
1.53 |
10136 |
1:1 |
111496 |
4200000 |
2 |
0.10 |
8400000 |
0.29 |
10644 |
1:1 |
21288 |
4900000 |
1 |
0.05 |
4900000 |
0.17 |
12418 |
1:1 |
12418 |
4998000 |
1 |
0.05 |
4998000 |
0.17 |
12666 |
1:1 |
12666 |
4999960 |
7 |
0.34 |
34999720 |
1.21 |
12671 |
1:1 |
88697 |
5999840 |
3 |
0.15 |
17999520 |
0.62 |
15205 |
1:1 |
45615 |
6000120 |
2 |
0.10 |
12000240 |
0.42 |
15206 |
1:1 |
30412 |
6499920 |
2 |
0.10 |
12999840 |
0.45 |
16473 |
1:1 |
32946 |
6650000 |
5 |
0.24 |
33250000 |
1.15 |
16852 |
1:1 |
84260 |
6698160 |
1 |
0.05 |
6698160 |
0.23 |
16975 |
1:1 |
16975 |
6699840 |
7 |
0.34 |
46898880 |
1.63 |
16979 |
1:1 |
118853 |
6800080 |
1 |
0.05 |
6800080 |
0.24 |
17233 |
1:1 |
17233 |
6916000 |
1 |
0.05 |
6916000 |
0.24 |
17526 |
1:1 |
17526 |
7000000 |
6 |
0.29 |
42000000 |
1.46 |
17740 |
1:1 |
106440 |
7000280 |
1 |
0.05 |
7000280 |
0.24 |
17740 |
1:1 |
17740 |
7224000 |
1 |
0.05 |
7224000 |
0.25 |
18307 |
1:1 |
18307 |
7999880 |
4 |
0.20 |
31999520 |
1.11 |
20274 |
1:1 |
81096 |
8999760 |
5 |
0.24 |
44998800 |
1.56 |
22808 |
1:1 |
114040 |
9800000 |
3 |
0.15 |
29400000 |
1.02 |
24835 |
1:1 |
74505 |
9998800 |
1 |
0.05 |
9998800 |
0.35 |
25339 |
1:1 |
25339 |
9999920 |
44 |
2.15 |
439996480 |
15.26 |
25342 |
1:1 |
1115048 |
10399760 |
2 |
0.10 |
20799520 |
0.72 |
26356 |
1:1 |
52712 |
10999800 |
1 |
0.05 |
10999800 |
0.38 |
27876 |
1:1 |
27876 |
11200000 |
1 |
0.05 |
11200000 |
0.39 |
28383 |
1:1 |
28383 |
11599840 |
1 |
0.05 |
11599840 |
0.40 |
29397 |
1:1 |
29397 |
11749920 |
4 |
0.20 |
46999680 |
1.63 |
29776 |
1:1 |
119104 |
11998000 |
2 |
0.10 |
23996000 |
0.83 |
30406 |
1:1 |
60812 |
11999960 |
28 |
1.37 |
335998880 |
11.66 |
30411 |
1:1 |
851508 |
12000240 |
4 |
0.20 |
48000960 |
1.67 |
30412 |
1:1 |
121648 |
12999840 |
2 |
0.10 |
25999680 |
0.90 |
32944 |
1:1 |
65888 |
13000400 |
1 |
0.05 |
13000400 |
0.45 |
32946 |
1:1 |
32946 |
13300000 |
97 |
4.73 |
1290100000 |
44.75 |
33706 |
1:1 |
3269482 |
C. Allotment to QIBs (After Technical Rejections)
Allotment to QIBs, who have bid at the Issue Price of Rs 50.00 per Equity Share or
above, has been done on a proportionate basis in consultation with the BSE. This category
has been subscribed to the extent of 102.92 times of Net QIB portion. As per the SEBI
Regulations, Mutual Funds were allotted 5% of the Equity Shares of Net QIB portion
available i.e.66,500 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds
were allotted the remaining available Equity Shares i.e. 12,63,500 Equity Shares on a
proportionate basis. The total number of Equity Shares allotted in the QIB category is
13,30,000 Equity Shares, which were allotted to 50 successful Applicants.
CATEGORY |
FIS/BANKS |
MF'S |
NBFC |
VC |
AIF |
Fll |
FPC |
TOTAL |
QIB |
1,66,233 |
1,31,838 |
5,43,966 |
1,22,832 |
1,40,884 |
5,404 |
2,18,843 |
13,30,000 |
D. Allotment to Eligible Employee under Employee reservation (After Technical
Rejections)-Asian Granito India Limited
The Basis of Allotment to the Eligible Employees under Employee reservation portion, who
have bid at cut-off or at the Issue Price of Rs 50.00 per Equity Share (less
discount of Rs 2.5), was finalized in consultation with the BSE. This category has been
subscribed to the extent of 2.03 times. The total number of Equity Shares Allotted in
Employee category is 4,20,000 Equity Shares to 226 successful applicants.
The category-wise details of the Basis ofAllotmentare as under (sample):
Category |
No. of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares applied |
% to
Total |
No. of
Equity Shares
Allotted per
Applicant |
Ratio |
Total No.
of Equity
Shares Allotted |
280 |
8 |
3.48 |
2240 |
0.26 |
280 |
1:2 |
1120 |
560 |
2 |
0.87 |
1120 |
0.13 |
280 |
1:1 |
560 |
1120 |
4 |
1.74 |
4480 |
0.53 |
552 |
1:1 |
2208 |
1400 |
2 |
0.87 |
2800 |
0.33 |
690 |
1:1 |
1380 |
1680 |
2 |
0.87 |
3360 |
0.39 |
828 |
1:1 |
1656 |
1960 |
4 |
1.74 |
7840 |
0.92 |
966 |
1:1 |
3864 |
2240 |
6 |
2.61 |
13440 |
1.58 |
1104 |
1:1 |
6624 |
2520 |
1 |
0.43 |
2520 |
0.30 |
1242 |
1:1 |
1242 |
2800 |
3 |
1.30 |
8400 |
0.99 |
1380 |
1:1 |
4140 |
3080 |
5 |
2.17 |
15400 |
1.81 |
1518 |
1:1 |
7590 |
3360 |
5 |
2.17 |
16800 |
1.97 |
1656 |
1:1 |
8280 |
3640 |
1 |
0.43 |
3640 |
0.43 |
1794 |
1:1 |
1794 |
3920 |
55 |
23.91 |
215600 |
25.30 |
1932 |
1:1 |
106260 |
4200 |
109 |
47.39 |
457800 |
53.73 |
2070 |
1:1 |
225630 |
4760 |
1 |
0.43 |
4200 |
0.49 |
2070 |
1:1 |
2070 |
5880 |
7 |
3.04 |
29400 |
3.45 |
2070 |
1:1 |
14490 |
6160 |
1 |
0.43 |
4200 |
0.49 |
2070 |
1:1 |
2070 |
7000 |
1 |
0.43 |
4200 |
0.49 |
2070 |
1:1 |
2070 |
8400 |
1 |
0.43 |
4200 |
0.49 |
2070 |
1:1 |
2070 |
9800 |
5 |
2.17 |
21000 |
2.46 |
2070 |
1:1 |
10350 |
10080 |
2 |
0.87 |
8400 |
0.99 |
2070 |
1:1 |
4140 |
10360 |
5 |
2.17 |
21000 |
2.46 |
2070 |
1:1 |
10350 |
E. Allotment to Eligible Employee under Employee reservation (After Technical
Rejections)-Astron paper & board Mill Limited
The Basis of Allotment to the Eligible Employees under Employee reservation portion, who
have bid at cut-off or at the Issue Price of Rs 50.00 per Equity Share (less
discount of Rs 2.5), was finalized in consultation with the BSE. This category has been
subscribed to the extent of 1.0960 times. The total number of Equity Shares Allotted in
Employee category is 2,80,000 Equity Shares to 75 successful applicants.
The category-wise details of the Basis of Allotmentare as under:
• Allocation to employees who have applied above Rs. 2 Lakh
Category |
No of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares applied |
% to
Total |
No. of Equity
shares allotted
per applicant |
Ratio |
Total no
of equity
shares allotted |
5,040 |
1 |
3.57 |
840 |
0.60 |
679 |
1:1 |
679 |
6,440 |
4 |
14.29 |
8,960 |
6.39 |
1,811 |
1:1 |
7,244 |
6,720 |
1 |
3.57 |
2.520 |
1.80 |
2,037 |
1:1 |
2,037 |
7,000 |
1 |
3.57 |
2,800 |
2.00 |
2,263 |
1:1 |
2,263 |
8.400 |
2 |
7.14 |
8.400 |
5.99 |
3.395 |
1:1 |
6,790 |
10,080 |
1 |
3.57 |
5,880 |
4.19 |
4,753 |
1:1 |
4,753 |
10,360 |
18 |
64.29 |
1,10,880 |
79.03 |
4,979 |
1:1 |
89,622 |
• Allocation to employees who have applied upto Rs. 2 Lakh
Category |
No of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares applied |
% to
Total |
No of equity
shares allotted
per applicant |
Ratio |
Total No.
of Equity
shares allotted |
560 |
4 |
8.51 |
2,240 |
1.34 |
560 |
1:1 |
2,240 |
1,120 |
2 |
4.26 |
2,240 |
1.34 |
1,120 |
1:1 |
2,240 |
2,240 |
4 |
8.51 |
8,960 |
5.38 |
2,240 |
1:1 |
8,960 |
3,080 |
2 |
4.26 |
6,160 |
3.70 |
3,080 |
1:1 |
6,160 |
4,200 |
7 |
14.89 |
29,400 |
17.65 |
4,200 |
1:1 |
29,400 |
5,040 |
1 |
2.13 |
4,200 |
2.52 |
4,200 |
1:1 |
4,200 |
6,440 |
4 |
8.51 |
16,800 |
10.08 |
4,200 |
1:1 |
16,800 |
6,720 |
1 |
2.13 |
4,200 |
2.52 |
4,200 |
1:1 |
4,200 |
7,000 |
1 |
2.13 |
4,200 |
2.52 |
4,200 |
1:1 |
4,200 |
8,400 |
2 |
4.26 |
8,400 |
5.04 |
4,200 |
1:1 |
8,400 |
10,080 |
1 |
2.13 |
4,200 |
2.52 |
4,200 |
1:1 |
4,200 |
10,360 |
18 |
38.30 |
75,600 |
45.38 |
4,200 |
1:1 |
75,600 |
TOTAL |
47 |
100.00 |
1,66,600 |
100.00 |
|
|
1,66,600 |
The IPO Committee of our Company at its meeting held on December 27, 2017 has taken on
record the basis of allotment of Equity Shares approved by the Designated Stock Exchange,
being BSE and has allotted the Equity Shares to various successful applicants. The
Allotment Advice Cum Refund Intimation will be dispatched to the address of the investors
as registered with the depositories. Further, instructions to the SCSBs have been
dispatched/mailed for unblocking of funds and transfer to the Public Issue Account on or
before December 27, 2017. In case the same is not received within ten days, investors may
contact the Registrar to the Issue at the address given below. The Equity Shares allotted
to the successful allottees have been uploaded on or before December 28, 2017 for credit
into the respective beneficiary accounts subject to validation of the account details with
the depositories concerned. The Company is in the process of filing the Listing
application with BSE and NSE on or before December 29, 2017. Our Company is taking steps
to get the Equity Shares admitted for trading on the BSE and NSE within 6 working days of
the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the
respective meanings assigned to them in the Prospectus dated December 22,2017filed with
the Registrar of Companies, Ahmedabad ('Prospectus').
INVESTORS PLEASE NOTE
These details of the Allotment made shall be hosted on the website of Registrar to the
Issue, Link Intime India Pvt. Ltd. at www.linkintime.co.in
All future correspondence in this regard may kindly be addressed to the Registrar to
the Issue quoting full name of the First/ Sole Bidder Serial number of the ASBA form,
number of Equity Shares bid for, Bidder DP ID, Client ID, PAN, date of submission of the
Bid cum Application Form, address of the Bidder, the name and address of the Designated
Intermediary where the Bid cum Application Form was submitted by the Bidder and copy of
the Acknowledgment Slip received from the Designated Intermediary and payment details at
the address given below:
Link Intime India Private Limited
C-101, 247 Park, 1st Floor, LBS Marg, Vikhroli (W), Mumbai-400083.
Tel: 022 49186200; Fax: 022 49186195; Email: astron.ipo@linkintime.co.in
Investor Grievance E-mail: astron.ipo@linkintime.co.in;
Website: www.linkintime.co.in; Contact
Person: Ms. Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Place : Ahmedabad
Date : December 28,2017 |
For ASTRON PAPER & BOARD MILL LIMITED
On behalf of the Board of Directors
sd/-
Company Secretary & Chief Compliance Officer |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET
PRICE OF THE EQUITY SHARES ON LISTING ORTHE BUSINESS PROSPECTS OF ASTRON PAPER & BOARD
MILL LIMITED. |