Astron Multigrain Ltd. IPO logo

Astron Multigrain Ltd. IPO Details – Price, Date, GMP & Analysis

Closed
SME
Price Range:
Rs.63.00
Issue Size:
Rs.18.40 Cr
Lot Size:
2000 shares
Open Date:
December 1

Astron Multigrain Ltd. IPO Overview

Bidding Dates
December 1 - December 3
Min Investment
₹126,000
Price Range
₹63.00
Issue Size
18.40 Cr
IPO DRHP Doc
Not Available

Company Overview

Astron Multigrain is a company that manufactures instant noodles, including its own brand "Astron’s Swagy Noodles." It operates a facility in Gondal, Rajkot, Gujarat, with a capacity of 5110 MTA and holds an FSSAI license. The company primarily serves the B2B market in Gujarat, Madhya Pradesh, Maharashtra, and Bihar, selling products through Super Stockists to wholesalers and retailers. In FY 25, 79.82% of revenue came from its own brand manufacturing, while 20.18% was from contract manufacturing.

IPO Timeline

Timeline information will be updated when available.

Latest Subscription Data

CategorySubscriptionStatus
QIB (Qualified Institutional Buyers)Undersubscribed
NII (Non-Institutional Investors/HNI)0.50xUndersubscribed
RII (Retail Individual Investors)1.94xOversubscribed
Total Subscription1.22xOversubscribed

Last updated: Dec 3, 2025, 06:21 PM

Current GMP:
No Premium
Est. Listing:
Rs.0
Est. Gain:
0%
Star Rating:
(0/5)

Financial Information

Financial information will be available when the company releases its DRHP.

Strengths & Risks Analysis

Key Risks

Potential challenges and risk factors

  • High dependence on a single manufacturing facility.
  • Vulnerability to fluctuations in raw material prices.
  • Reliance on efficient logistics and distribution for timely supply.
  • Operating in a highly competitive packaged food market.
  • Any lapse in food safety compliance may impact operations and brand trust.

IPO Details

Detailed information will be available closer to the IPO launch date.