Astron Multigrain IPO
GMP, Subscription, Price, Dates & Financial Details
Consumer Food
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…
Open Date
Mon, 01 Dec 2025
Close Date
Wed, 03 Dec 2025
Issue Price
₹ 63
Lot Size
2000
Issue Size
₹ 18.40 Cr
Minimum Investment
₹ 252,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Astron Multigrain IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹18.40 Crore, comprising a fresh issue of 21.92 Lakh equity shares aggregating to ₹13.81 Crore and an offer for sale (OFS) of 5.80 Lakh equity shares aggregating to ₹3.65 Crore by the existing shareholders.
The Astron Multigrain IPO remained open for subscription from December 01, 2025, to December 03, 2025. The basis of allotment was finalized on December 04, 2025, and the company's shares were listed on BSE SME Platform on December 08, 2025.
The company had fixed the price at ₹63 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹252,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Finaax Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, About Astron Multigrain Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Astron Multigrain IPO Timeline (Tentative)
- IPO Open Date
- Mon, 01 Dec 25
- IPO Close Date
- Wed, 03 Dec 25
- Basis of Allotment
- Thu, 04 Dec 25
- Initiation of Refunds
- Fri, 05 Dec 25
- Credit of Shares to Demat
- Fri, 05 Dec 25
- Listing Date
- Mon, 08 Dec 25 — NSE & BSE
Open Date
01 December 2025
Close Date
03 December 2025
Basis Of Allotment
04 December 2025
Listing Date
08 December 2025
IPO Subscription
Check Live Subscription →The Astron Multigrain IPO has received bids for 35,34,000 shares against 27,68,000 shares offered, resulting in an overall subscription of 1.28x. the NII category is subscribed 0.61x, Retail Investors 1.95x, and QIBs 0x.
QIB
0x
NII
0.61x
RII
1.95x
Total
1.28x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 13,84,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 13,84,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 1,384,000 | 50% |
| Retail Investors | 1,384,000 | 50% |
| Total | 2,772,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | |
|---|---|---|---|---|
| Assets | 0 | 21.79 | 17.71 | 14.83 |
| Revenue | 0 | 33.92 | 26.51 | 19.5 |
| Profit After Tax | 0 | 2.31 | 1.98 | 1.24 |
| Net Worth | 0 | 10.51 | 8.2 | 3.82 |
| Reserve & Surplus | 0 | 4.25 | 1.94 | 1.17 |
| Total Borrowings | 0 | 4.28 | 5.02 | 6.7 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
About Astron Multigrain Limited KPI Information
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 24.66 | 33 | 38.75 |
| ROCE % | 23.73 | 19.36 | 20.32 |
| Debt / Equity | 0.41 | 0.61 | 1.75 |
| RoNW % | 21.95 | 24.18 | 32.46 |
| Pat Margin % | 6.8 | 7.66 | 6.36 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Astron Multigrain Ltd | 10 | 0.00 | 3.69 | 3.69 | 21.95 | 16.79 |
| Hindustan Unilever Ltd | 1 | 55.96 | 45.30 | 45.30 | 21.20 | 209.16 |
| Patanjali Foods Ltd | 2 | 52.92 | 35.96 | 35.96 | 12.06 | 314.04 |
| Marico Limited | 1 | 56.18 | 11.91 | 11.88 | 32.35 | 36.92 |
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
About Astron Multigrain Limited Address / Contact Details
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
Astron Multigrain IPO Lot Size
The Astron Multigrain IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,52,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,52,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 252,000.00 |
| Retail (Max) | 2 | 4,000 | 252,000.00 |
| S-HNI (Min) | 3 | 6,000 | 378,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Finaax Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Astron Multigrain 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.
When will the Astron Multigrain IPO open for subscription?
The Astron Multigrain IPO opens on Mon, Dec 1, 2025 and closes on Wed, Dec 3, 2025
What is Astron Multigrain IPO Price Band?
Astron Multigrain IPO Price Band is ₹63 to 63 per share.
What is Astron Multigrain IPO Lot Size?
Astron Multigrain IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹252000 based on the upper price band
What is the minimum investment for Astron Multigrain IPO?
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.
How to apply for Astron Multigrain IPO?
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.
What is Astron Multigrain IPO Issue Size?
Astron Multigrain IPO issue size is ₹18.4 crores.
What is the Astron Multigrain IPO Allotment Date?
Astron Multigrain IPO allotment date is Thu, Dec 4, 2025.
Who is the Astron Multigrain IPO Registrar?
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.
Who is the Astron Multigrain IPO Lead Manager?
The book-running lead managers (BRLMs) for the Astron Multigrain IPO are Finaax Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Astron Multigrain IPO Red Herring Prospectus (RHP).