Astron Multigrain Limited Link 
Allotment
Astron Multigrain IPO is a fixed-price issue with an open date of December 1, 2025, and a closing date of December 3, 2025. The company aims to raise approximately ₹18.40 crore, comprising a fresh issue of ₹14.74 crore and an offer for sale of up to 5,80,000 equity shares with a face value of ₹10 each.
The issue price is ₹63 per share. The allocation is structured as 50% for retail investors and 50% for High Net-worth Individuals (HNIs), with no portion reserved for QIBs. The allotment date is December 4, 2025, and the shares are proposed to be listed on BSE on December 8, 2025.
Financial Highlights
Revenue: ₹33.92 crore in FY2025, up from ₹26.51 crore in FY2024
Profit: ₹2.31 crore in FY2025, up from ₹1.98 crore in FY2024
Based on the financial performance, Astron Multigrain IPO is recommended for long-term investors.
₹63
0%
Open
₹63
HIgh - Low
₹63
Previous Close
₹63
Total Traded Value
0
52 Weeks High
₹63
52 Weeks Low
₹63
Updates On
Nov 25, 2025
IPO. Open
Dec 1, 2026
IPO. Close
Dec 3, 2026
IPO. Price
₹63.00
IPO Market price
₹54.18 Cr
IPO Details
| IPO Date | 8 Dec |
| IPO Listing Date | 8 Dec |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Range | ₹63.00 |
| IPO Issue Size | 29,20,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Fixed Price IPO |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 62,60,000 shares |
IPO Timeline
| IPO Open Date | 1 Dec |
| IPO Close Date | 3 Dec |
| IPO Allotment (Tentative) | 4 Dec |
| Refunds | 5 Dec |
| Credit to Demat Account | 5 Dec |
| IPO Listing Date | 8 Dec |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | - |
| NII (HNI) Shares Offered | 13,84,000 |
| Retail Shares Offered | 13,88,000 |
IPO Lot Size
Investors can apply for a minimum of 4,000 shares, and bids can be made in multiples of 2,000 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,52,000 |
| Retail (Max) | 2 | 4,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,78,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in [Year Missing], Astron Multigrain Ltd. is engaged in the manufacturing of instant noodles. The company produces noodles on a contract basis for clients such as Gokul Snacks Pvt. Ltd., which sells the products under its own brand. In addition, the company markets its own brand, “Astron’s Swagy Noodles,” currently available in Mast Masala (Classic Flavour).
Business Model :
Contract Manufacturing: The company handles all aspects of production, including ingredients procurement, raw material handling, and packaging, while the client sells the products under their own brand.
Own Brand Manufacturing: The company manufactures and sells products under its own brand name.
Other Products: Apart from instant noodles, the company also produces noodle bhujiya and papad.
Manufacturing Facility:
Located in Gondal, Rajkot, Gujarat
Installed capacity: 5,110 Metric Tons per Annum (MTA)
Accreditations: FSSAI licensed under the Food Safety and Standards Act, 2006
Market Presence and Customers :
Focused on the B2B segment, primarily in Gujarat, Madhya Pradesh, Maharashtra, and Bihar
Products are sold to super stockists, who distribute to wholesalers and retailers
Segment-wise Revenue (FY2025) :
Own Brand Manufacturing: 79.82% of total revenue
Contract Manufacturing: 20.18% of total revenue
Competitive Strengths :
Experienced promoters and management team
Affordable pricing strategy
Well-established trade name
Strong focus on quality compliance
Widespread sales and distribution network
Company Financials (Consolidated)
| Assets | 27.55 | 21.79 | 17.71 |
| Total Income | 23.58 | 33.92 | 26.51 |
| Profit After Tax | 2.11 | 2.31 | 1.98 |
| EBITDA | 3.35 | 4.06 | 3.11 |
| NET Worth | 12.62 | 10.51 | 8.2 |
| Reserves and Surplus | 6.36 | 4.25 | 1.94 |
| Total Borrowing | 3.42 | 4.28 | 5.02 |
Key Performance Indicator (KPI)
| ROE | 25% |
| ROCE | 24% |
| Debt/Equity | 0.41 |
| RoNW | 21.95% |
| PAT Margin | 6.80% |
| EBITDA Margin | 11.98% |
| Price to Book Value | 3.75 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 4.46 |
| 2 | To meet out the expenses of Working Capital Requirement | 5.65 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
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/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
The Astron Multigrain IPO was a fixed-price issue of ₹18.40 crore, comprising 29.20 lakh equity shares through a combination of fresh capital issuance and offer for sale.
The IPO opened for subscription on December 1, 2025, closed on December 3, 2025, and the company’s shares were listed on the BSE SME platform on December 8, 2025.
The IPO was priced at ₹63 per share with a lot size of 2,000 shares. Retail investors were required to apply for two lots, amounting to a minimum investment of ₹2,52,000.
IPO proceeds will be used to fund capital expenditure for machinery purchase, meet working capital requirements, and support general corporate purposes to strengthen operational efficiency.
Bigshare Services Private Limited acted as the registrar for the Astron Multigrain IPO, handling application processing, allotment, refunds, and investor-related communication during the issue process.
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