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Astonea Labs Limited IPO
Price Band
₹128 - ₹135
Total Issue
₹38 Cr
Bid Dates
27 May - 29 May
Subscription
1.79x
Listing Price
₹137.45 (1.81%)
Valuation
Market Cap
₹141.90 Cr
P/E Ratio
26.95x
P/B Ratio
8.57x
Astonea Labs IPO Dates
Conflicting IPOs
IPOs with overlapping timeline
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.
Astonea Labs IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 1 | 1,000 | ₹1,35,000 |
| Ind (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 |
Astonea Labs IPO 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
Astonea Labs IPO Live Subscription
Updated as on 29 May 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 0.70x | 13,20,000 | 9,27,000 |
| NII | 5.60x | 3,99,000 | 22,33,000 |
| Retail | 1.69x | 9,27,000 | 15,67,000 |
| Total | 1.79x | 26,46,000 | 47,27,000 |
Astonea Labs IPO Details Live GMP
| 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
Astonea Labs IPO 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 |
Key Performance Indicators (KPIs)
EBITDA
14.60%
PAT
4.75%
ROE
37.86%
ROCE
22.95%
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Promoter Holding
Promoter
98.42%
Public
1.58%
Management
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (1)
Company Details
Name: Astonea Labs Limited
Address: SCO 186-187, 2nd Floor, Cabin No. 206, SECTOR 8 C, Sector 8, Chandigarh 160009, India
Number: +91 – 9888302323
Email: cs@astonea.org
Website: https://www.astonea.org/
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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
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