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After MAS Financial and Shalby Limited, yet another Gujarat based company is going to hit the primary market. Ahmedabad based company having manufacturing plant in Halvad, Gujarat is going to raise between  63 - 70 Crore through IPO. The issue is very small compared previous two companies. Astron IPO is opening on December 15,2017 and closing on December 20,2017. The tentative dates of allotment and listing are December 29,2017 and December 31,2017. Allotment status can be checked on this link  http://www.linkintime.co.in  Incorporated in 2010, and promoted by Kirit J Patel, Ramakant Patel, Karshanbhai Patel and Asian Granito (India) Limited, Astron is engaged in manufacturing of kraft paper. Kraft paper is used by packaging industry for manufacturing corrugated boxes and liners, corrugated sacks and composite containers. Its varied products include High RCT, Kraft Liner, Liner to corrugated medium paper, ranging mainly from 140 GSM to 350 GSM and 22-35 BSF. Th...

1. No matter what is the crude price per barrel as on any date, no matter how much dollar has strengthened against rupee over a period, no matter why North Korea is terrifying US by test of its new missiles every other day, no matter  when and how GST would benefit to country people,  no matter what goes worse or better within or outside India, if you are dying you have to be admitted in a hospital to get cured and pay mammoth hospital bills in return. Shalby Limited is in the business of saving life, curing illness and pains in your body. Healthcare industry will never have  impact of  whatsoever socio, political or economic changes. You have to spend money for the treatment no matter which government is in power, you have to spend behind health care without giving damn to GST rate once you or your dear one is on the death bed. This industry is never going to be hit by recession. NEVER 2. Ahmedabad based Shalby Limited is into the business of operating mul...

1. Incorporated in March 2006, Future Supply Chain Solutions Limited (FSCSL) is going to hit primary market on December 6,2017. The issue is closing on December 8,2017. The tentative dates of allotment and listing are December 14,2017 and December 18,2017 respectively. 2. The company has set price range between Rs. 660 - Rs. 664 per share and   minimum market lot consists of 22 shares. 3. This is yet another 100% Offer For Sale arrangement. The company shall not receive any proceeds from this IPO. Existing shareholders shall sell 97,84,570 shares. Participant shareholders are Investor selling shareholder Graffin and Promoter Future Enterprise Limited.  4. Out of  97,84,570, 35% shares are reserved for Retail Investors. Since the number of shares are very less, over subscription is expected as the company is growing fast and backed up by Future Group, fundamentally the company is very strong.  5. Recently, Mahindra ...