Astron Paper & Board Mill IPO GMP History
Astron Paper & Board Mill IPO has been listed on December 29, 2017 at a listing price of ₹115, against the issue price of ₹50 — a gain of ₹65 (+130%). The GMP peaked at ₹52.5 on 25 December 2017 and reached a low of ₹29 on 28 December 2017. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Astron Paper & Board Mill IPO raised ₹69.83 Cr. through its IPO at a price band of ₹45 to ₹50 per share, with a lot size of 280 shares. The IPO was open for subscription from 15 Dec 2017 to 20 Dec 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 28 Dec 2017 | ₹ 29 | — | 58% | — | — |
| 27 Dec 2017 | ₹ 29 | — | 58% | — | — |
| 26 Dec 2017 | ₹ 29 | ▼ | 58% | — | — |
| 25 Dec 2017 | ₹ 52.5 | — | 105% | — | — |
| 24 Dec 2017 | ₹ 52.5 | — | 105% | — | — |
| 23 Dec 2017 | ₹ 52.5 | — | 105% | — | — |
| 22 Dec 2017 | ₹ 52.5 | — | 105% | — | — |
| 21 Dec 2017 | ₹ 52.5 | ▲ | 105% | — | — |
| 20 Dec 2017 | ₹ 39 | — | 78% | — | — |
| 19 Dec 2017 | ₹ 39 | — | 78% | — | — |
| 18 Dec 2017 | ₹ 39 | ▲ | 78% | — | — |
| 17 Dec 2017 | ₹ 34.5 | — | 69% | — | — |
| 16 Dec 2017 | ₹ 34.5 | — | 69% | — | — |
| 15 Dec 2017 | ₹ 34.5 | — | 69% | — | — |
| 14 Dec 2017 | ₹ 34.5 | — | 69% | — | — |
| 13 Dec 2017 | ₹ 34.5 | ▲ | 69% | — | — |
| 12 Dec 2017 | ₹ 31 | ▲ | 62% | — | — |
| 11 Dec 2017 | ₹ 29 | — | 58% | — | — |
| 09 Dec 2017 | ₹ 29 | — | 58% | — | — |
| 08 Dec 2017 | ₹ 29 | — | 58% | — | — |
Astron Paper & Board Mill IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 15 Dec 2017
- Close 20 Dec 2017
- Allotment 26 Dec 2017
- Refund/credit 27 Dec 2017
- Listing 29 Dec 2017
Astron Paper & Board Mill IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹50 |
|---|---|
| GMP-based estimate (pre-listing) | ₹79 (+58%) |
| Listing gain / loss | +₹65 per share |
| Listing date | 29 Dec, 2017 |
| Actual listing price | ₹115 (+130%) |
Is Astron Paper & Board Mill IPO GMP reliable?
Grey market premium for Astron Paper & Board Mill IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Astron Paper & Board Mill IPO full review for a fundamentals-based assessment before making any grey market trades.
Astron Paper & Board Mill IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Astron Paper & Board Mill IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Astron Paper & Board Mill IPO
Astron Paper & Board Mill Limited was incorporated in 2010 and is an Ahmedabad based maker of kraft paper, also known as paperboard. Its promoters include Kirti G. Patel and Asian Granito India.
Its paper is used mainly in packaging, for corrugated boxes and liners, corrugated sacks and composite containers.
Its manufacturing facility is at Halvad, Gujarat, and it uses waste paper as raw material.
The IPO was Rs 69.83 crore and was entirely fresh issue at Rs 50, the top of the Rs 45 to Rs 50 band. The money was for a new low GSM kraft paper facility, repaying an unsecured loan and working capital.
Frequently asked
What is the GMP of Astron Paper & Board Mill IPO?
The current Grey Market Premium (GMP) of Astron Paper & Board Mill IPO is ₹ 29.
What is the Kostak Price of Astron Paper & Board Mill IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Astron Paper & Board Mill IPO is not available.
What is the Subject to Sauda Price of Astron Paper & Board Mill IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Astron Paper & Board Mill IPO?
Astron Paper & Board Mill IPO listed on December 29, 2017 at ₹115, against the issue price of ₹50 — a gain of +130%.
How did the GMP of Astron Paper & Board Mill IPO trend before listing?
The GMP of Astron Paper & Board Mill IPO was stable in its final days before listing. The GMP peaked at ₹52.5 on 25 December 2017. View the day-wise table above for the complete GMP history.
Explore Astron Paper & Board Mill IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
