IPO - Initial Public Offerings

 ASTRONMULT

  

ASTRON MULTIGRAIN LTD. IPO

01 Dec, 10:00 AM

Issue Open

03 Dec, 05:00 PM

Issue Close

2000

Lot Size

₹ 63.00 – ₹ 63.00

Price Range

IPO Issue Details

Issue size 18.40 Cr
Market Price 63.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

ASTRON MULTIGRAIN LTD. IPO
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 Model Contract 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 were derrived from own brand manufacturing and 20.18% derived from contract manufacturing.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 4000 ₹ 2,52,000.00
Retail (Max) 2 4000 ₹ 2,52,000.00
S-HNI (Min) 3 6000 ₹ 3,78,000.00
S-HNI (Max) 8 16000 ₹ 10,08,000.00
B-HNI (Min) 9 18000 ₹ 11,34,000.00

IPO TimeLine

Open Date 01-Dec-2025
Close Date 03-Dec-2025
Basis of Allotment Date 04-Dec-2025
Initiation of Refunds 05-Dec-2025
Credit Shares to Demat A/c 05-Dec-2025
IPO Listing Date 08-Dec-2025