Astonea Labs Limited IPO
Astonea Labs Limited IPO
Price Band
₹128 - ₹135
Total Issue
₹37.67 Cr
Bid Dates
27 May - 29 May
Subscription
1.81x
Est. GMP
₹1 (0.74%)
Tentative Timetable
Business Overview
Astonea Labs Limited is a pharmaceutical and cosmetic manufacturer with a wide product range including antibiotics, antihistamines, diabetes and cardiovascular drugs, gynecological products, analgesics, antifungals, and multivitamins. Their cosmetics cover skin, hair, and oral care in forms like creams, serums, and oils. They also trade in packaging and raw materials and offer contract manufacturing for domestic and international clients. Products are marketed under "Glow Up" and "Regero," with "Glow Up" sold on Amazon and Tata 1MG. A new skincare line, "Avicel," is launching soon. With exports to Iraq and Yemen, and a recent USFDA audit, Astonea is expanding into regulated markets.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,000 | ₹1,35,000 |
| Individual (Max) | 1 | 1,000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 2,000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,80,000 |
Issue Size
Objects of Issue
- Funding of expenses towards product registration in Bolivia, South America
- Purchase and installation of plant and machineries
- Advertising, marketing and brand building
- Investment in procuring hardware and software
- Funding of working capital requirements
- General corporate purposes
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 02 Jun | ₹1 (0.7%) | ₹136 |
| 30 May | ₹1 (0.7%) | ₹136 |
| 29 May | ₹2 (1.5%) | ₹137 |
| 28 May | ₹2 (1.5%) | ₹137 |
| 27 May | ₹3 (2.2%) | ₹138 |
| 26 May | ₹0 (0%) | ₹135 |
| 23 May | ₹0 (0%) | ₹135 |
| 22 May | ₹0 (0%) | ₹135 |
| 21 May | ₹0 (0%) | ₹135 |
Astonea Labs IPO Peer Comparison
(Rs. in crores)
| Particulars | Astonea Labs | Beta Drugs |
|---|---|---|
| Revenue from Ops (in Crs.) | 80.19 | 295.71 |
| PAT (In Crs.) | 3.81 | 36.44 |
| EPS - Basic | 5.01 | 37.90 |
| NAV per share | 15.75 | 163.43 |
| RONW | 31.83% | 23.19% |
| EBITDA | 14.60% | 20.29% |
| PAT Margin | 4.75% | 12.32% |
| Price to earning (PE) | 26.95 | 49.00 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 23, 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 69.55 | 80.19 | 67.05 | 30.06 |
| Profit after Tax | 4.10 | 3.81 | 0.67 | 0.25 |
| Net Worth | 17.28 | 11.97 | 8.16 | 7.49 |
| Total Borrowing | 49.48 | 42.40 | 35.99 | 29.52 |
| Total Assets | 96.52 | 80.89 | 64.28 | 52.91 |
| NAV per share (in ₹) | 22.41 | 15.75 | 10.73 | 9.86 |
| EPS - Basic (in ₹) | 5.32 | 5.01 | 0.88 | 0.33 |
KPIs
EBITDA
14.60%
PAT
4.75%
ROE
37.86%
ROCE
22.95%
PE Ratio
26.95
PB Ratio
8.57
Mkt Cap (in Crs.)
141.90
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
98.42%
Public
1.58%
Management
Subscription Status
Updated as on 29 May 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 1.75x | 5,30,000 | 9,27,000 |
| NII | 4.38x | 0 | 23,77,000 |
| Retail | 0.34x | 9,27,000 | 3,17,000 |
| Total | 1.81 | 20,00,000 | 36,21,000 |
Frequently Asked Questions
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How to apply Astonea Labs IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Astonea Labs IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Astonea Labs IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Astonea Labs IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date