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Astron Multigrain Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹63
Per Share
GMP
NIL
Grey Market
Est. Listing
₹63
Expected Price
Min. Application
₹252,000
2 lots × 2000 shares
IPO Issue Details
Issue Price / Price Band₹63 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size29,20,000 shares (aggregating up to ₹18.40 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 01 Dec 2025
Subscription CloseWed, 03 Dec 2025
Anchor AllotmentSun, 30 Nov 2025
Basis of AllotmentThu, 04 Dec 2025
Initiation of RefundsFri, 05 Dec 2025
Credit of Shares to DematFri, 05 Dec 2025
Listing DateMon, 08 Dec 2025
UPI Mandate Deadline2025-12-03
Application & Investment Details
Retail — Min (2 Lots)₹2,52,000 — 4,000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (3 Lots)₹3,78,000 — 6,000 shares
EPS (Pre-IPO)₹3.69
EPS (Post-IPO)₹4.21
P/E Ratio (Pre-IPO)17.09x
P/E Ratio (Post-IPO)14.95x
Net Offer to Public27,72,000 shares (aggregating up to ₹17.46 Cr)
Reserved for Market Maker1,48,000 shares (aggregating up to ₹0.9324 Cr)
Pre-IPO Promoter Holding62,60,000 shares
Post-IPO Promoter Holding86,00,000 shares
Fresh Issue Shares21,92,000 shares (aggregating up to ₹13.81 Cr)
Offer for Sale Shares5,80,000 shares of ₹10 (aggregating up to ₹3.65 Cr)
About Astron Multigrain Ltd

Incorporated in , Astron Multigrain manufactures instant noodles. It produces noodles on a contract basis for Gokul Snacks Pvt. Ltd., who sells them under their own brand. The company also sell under own brand “Astron’s Swagy Noodles”, currently available in Mast Masala (Classic Flavour).Business ModelContract Manufacturing: In this vertical, everything from ingredients and raw material procurement, handling, and packaging is done by the company but the client sells products under own brand.Own Brand Manufacturing: In this vertical, it manufactures and sells products under the own brand name.Apart from noodles, it also make noodle bhujiya and papad.Manufacturing Facility: Gondal, Rajkot, Gujarat, with an installed capacity of 5110 MTA. The facility is accredited with FSSAI license under Food Safety and Standards Act, 2006.Customers and market presence: The company markets and sells products in teh B2B segment, majorly in the states of Gujarat, Madhya Pradesh, Maharashtra and Bihar. The products are sold to Super Stockiest who supplies to the wholesalers and further distributed among retailers.Segment-wise revenue: In FY 25, 79.82% of total revenue was derived from own brand manufacturing and 20.18% derived from contract manufacturing.Competitive strengthsExperienced Promoters and Management TeamAffordable PricingWell-established trade nameQuality ComplianceWidespread Sales and Distribution Network

Objects of the Issue

Astron Multigrain Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding Capital Expenditure towards purchase of machinery
4.46
2
To Meet Working Capital Requirements
5.65
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 62,60,000 shares
Post-IPO Promoter Holding 86,00,000 shares
Check AllotmentCheck Status →
Astron Multigrain Ltd — Live Price LIVE
₹63.00
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Issue ₹63.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹63
GMPNIL
Est. Listing₹63
Lot Size2,000 shares
Min Amount₹252,000
Listing Date08 Dec 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹63
Listing Date08 Dec 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 148,000 ₹0.93 Cr
TOTAL 2,920,000 100.00% ₹18.40 Cr
* Based on ₹63.00 (upper price band)
Lot Size & Investment Details
Lot Size
2,000
Shares
Issue Price
₹63.00
Per Share
Min Investment
₹126,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 2,000 ₹126,000
Retail (Max) 13 26,000 ₹1,638,000
sNII (Min) 14 28,000 ₹1,764,000
bNII (Min) 68 136,000 ₹8,568,000
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Oct 202531 Mar 202531 Mar 2024
Revenue from Operations 23.58 33.92 26.51
EBITDA 3.35 4.06 3.11
Profit After Tax (PAT) 2.11 2.31 1.98
Net Worth 12.62 10.51 8.20
Total Assets 27.55 21.79 17.71
Reserves & Surplus 6.36 4.25 1.94
Total Borrowings 3.42 4.28 5.02
Key Ratios & Valuation
Issue Price ₹63
Face Value ₹10 Per Share
P/BV 3.75
RoE 24.66%
RoCE 23.73%
RoNW 21.95%
PAT Margin (%) 6.80%
EBITDA Margin (%) 11.98%
Debt / Equity 0.41
Company Details
Company
Astron Multigrain Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No. 17 To 21, Near Ram Hotel, Chordi, Gondal Rajkot, Gujarat, 360311
Book Running Lead Managers
Finaax Capital Advisors Private Limited
Book Running Lead Manager (BRLM)