Astron Paper & Board Mills IPO — Listing Performance

Astron Paper & Board Mills IPO facts & figures

Issue categoryMainboard
Issue open date15 Dec 2017
Listing date29 Dec 2017
Issue price₹50
Listing-day close₹120.75 (141.5%)
Recent market price₹2.94 (-94.12% vs issue)
IdentifiersNSE: ASTRON · ISIN: INE646X01014

How the listing went

Astron Paper & Board Mills delivered a blockbuster debut, closing its first session 141.5% above the issue price.

Astron Paper & Board Mills against every other debut on record

  • Rank in 2017: 2 of 63 NSE debuts, on a 141.5% first-day close.
  • 97th percentile of 35 mainboard debuts in 2017 (median 3.37%).
  • 1st of 5 debuts in December 2017.
  • Opened 130% above issue, then added 11.5 points to the close.
  • Day-one range ₹112.50 to ₹120.75: a 16.5% swing on the issue price.
  • Last close ₹2.94 (11 Sep 2026): 94.12% below issue, against 141.5% on day one.
  • Priced at the top of the ₹45 to ₹50 band.
  • Listed 9 calendar days after close.
  • All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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