Astron Multigrain IPO Details
The Astron Multigrain IPO is a fixed price issue with a total issue size of ₹18.4 cr, comprising of fresh issue of 2192000 equity shares., and a offer for sale of 580000 equity shares. Astron Multigrain IPO opened for subscription on Dec 01, 2025 and closed on Dec 03, 2025. Astron Multigrain IPO has set the price at ₹63 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹252,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 04, 2025, and listed on both the NSE and BSE on Dec 08, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Finaax Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Astron Multigrain IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 63 – 63
- Lot Size
- 2000
- Issue Size
- ₹18.4 Cr
- Minimum Investment
- ₹252000 (4000 Shares)
- Listing Date
- 08 December 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About About Astron Multigrain Limited
Incorporated in [year missing], Astron Multigrain is engaged in the manufacturing of instant noodles. The company operates both as a contract manufacturer and under its own consumer brand. For contract manufacturing, it produces noodles for Gokul Snacks Pvt. Ltd., which markets the products under its own label. Astron Multigrain also sells products under its in-house brand “Astron’s Swagy Noodles”, currently available in the Mast Masala (Classic Flavour) variant.
Business Model
1. Contract Manufacturing
Under this vertical, the company undertakes the complete process—from procurement of ingredients and raw materials to production, handling, and packaging. The finished products are supplied to clients, who then sell them under their own brand names.
2. Own Brand Manufacturing
In this segment, Astron Multigrain manufactures and markets products under its proprietary brand. Apart from instant noodles, the company also produces noodle bhujiya and papad.
Manufacturing Facility
The company operates a manufacturing plant located in Gondal, Rajkot, Gujarat, with an installed capacity of 5,110 MTA. The facility holds an FSSAI license and complies with the standards prescribed under the Food Safety and Standards Act, 2006.
Customers & Market Presence
Astron Multigrain primarily caters to the B2B market, with a distribution footprint across Gujarat, Madhya Pradesh, Maharashtra, and Bihar. Products are sold to super stockists, who further supply wholesalers, and ultimately channel goods to retailers.
Segment-wise Revenue (FY 2024–25)
- Own Brand Manufacturing: 79.82% of total revenue
- Contract Manufacturing: 20.18% of total revenue
Astron Multigrain IPO Promoters
- Mr. Jenish Parshottambhai Khunt
- Ms. Poonam Jenish Khoont
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
66.05%
Astron Multigrain IPO Objective
The Company Astron Multigrain IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Capital Expenditure towards purchase of machinery
- To Meet Working Capital Requirements
- General Corporate Purposes
Address / Contact Info
Astron Multigrain Ltd.
Plot No. 17 To 21, Near Ram Hotel,
Chordi, Gondal
Rajkot, Gujarat, 360311
Phone: +91 8849506534
Email: cs@astronmultigrain.co.in
Website: http://www.astronmultigrain.co.in/
IPO Snapshot
Book Running Lead Managers
- Finaax Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Astron Multigrain IPO is a Fixed price IPO with a total issue size of ₹18.4 crore. The Astron Multigrain IPO price band is ₹63 to 63 per share. The Astron Multigrain IPO subscription opens on Mon, Dec 1, 2025, and closes on Wed, Dec 3, 2025. The Astron Multigrain IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Astron Multigrain IPO.
The Astron Multigrain IPO opens on Mon, Dec 1, 2025 and closes on Wed, Dec 3, 2025
Astron Multigrain IPO Price Band is ₹63 to 63 per share.
Astron Multigrain IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹252000 based on the upper price band
The minimum investment for Astron Multigrain IPO is ₹252000, based on one lot of 2000 shares at the upper price band of ₹63 per share.
Investors can apply for the Astron Multigrain IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Dec 3, 2025. The application amount remains blocked until the Astron Multigrain IPO allotment is finalized.
Astron Multigrain IPO issue size is ₹18.4 crores.
Astron Multigrain IPO allotment date is Wed, Jul 1, 2026.
The registrar for Astron Multigrain IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Astron Multigrain IPO allotment status, refund processing, and other IPO-related information.