Past performance
About Astron Paper & Board Mill Ltd Astron Paper & Board Mill Limited, incorporated in 2010 in Gujarat, specializes in manufacturing Kraft paper from waste paper. The company offers a wide range of Kraft paper with GSM 80 to 350 and BF 22-35, primarily serving the packaging industry across India. With four manufacturing units totaling a capacity of 174,600 MT across three locations in Gujarat, Astron has established a strong domestic presence. Prominent promoters include Kirit G Patel, Ramakant Patel, Karshanbhai Patel, and Asian Granito (India) Limited.
Noteworthy milestones include receiving ISO and FSC certifications for quality and sustainability, acquiring additional plant capacities in Bhuj and Mehsana, and raising Rs 69.82 crores through an IPO in 2017. The company's strategic acquisitions, such as Balaram Papers Private Limited, and operational expansions, like the PM2 line, have bolstered its production capabilities. Astron Paper & Board Mill Limited is positioned as a key player in the Indian Kraft paper sector, known for its commitment to quality and sustainable practices.
Performance overview