Astonea Labs Limited IPO
Astonea Labs Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹128 - ₹135

Total Issue

₹38 Cr

Bid Dates

27 May - 29 May

Subscription

1.79x

Listing Price

₹137.45 (1.81%)

Website RHP Check Allotment

Valuation

Market Cap

₹141.90 Cr

P/E Ratio

26.95x

P/B Ratio

8.57x

Astonea Labs IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

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

Lot Information for Astonea Labs IPO
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
Allocate Funds
Market Maker
1,44,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Astonea Labs IPO Size

Total ₹38 Cr
Fresh Issue
₹38 Cr (0.28 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding of expenses towards product registration in Bolivia, South America
  2. Purchase and installation of plant and machineries
  3. Advertising, marketing and brand building
  4. Investment in procuring hardware and software
  5. Funding of working capital requirements
  6. General corporate purposes

Astonea Labs IPO Live Subscription

Updated as on 29 May 2025 | 05:00:00 PM

Astonea Labs IPO Subscription Status (BSE SME)
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

GMP ₹1
Est. Price ₹136
Est. Gain 0.74%

Astonea Labs IPO Peer Comparison

(Rs. in crores)

Astonea Labs IPO Peer Comparison Table
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)

Financial Performance Metrics for Astonea Labs IPO
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%

Ashish Gulati 96.40%
Other Promoter 2.02%

Management

Ashish Gulati
Managing Director
Sumit Kumar
CFO

Registrar & Lead Managers

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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Frequently Asked Questions (FAQs)

What is Astonea Labs IPO?
Astonea Labs IPO is a SME IPO having an issue size of ₹38 Crs. Astonea Labs IPO is priced at ₹128 - ₹135 per share. The issue opens on 27 May 25 and closes on 29 May 25.
When will Astonea Labs IPO open?
Astonea Labs IPO opens on 27 May 25 and closes on 29 May 25.
What is the GMP of Astonea Labs IPO?
The estimated Grey Market Premium of Astonea Labs IPO is ₹1 per share (0.74%).
What is the lot size of Astonea Labs IPO?
The minimum lot size of Astonea Labs IPO is 1000 shares & the minimum application amount is Rs. 135000.
When is the allotment of Astonea Labs IPO?
The allotment date of Astonea Labs IPO is 30 May 25.
What is the listing date of Astonea Labs IPO?
The listing date of Astonea Labs IPO is 03 Jun 25.
What is the subscription of Astonea Labs IPO?
Astonea Labs IPO is subscribed 1.81 times.
What is the price band of Astonea Labs IPO?
Astonea Labs IPO is priced at ₹128 - ₹135 per share.
How to check allotment status of Astonea Labs IPO?
Click the allotment link on Astonea Labs IPO page of IPO360.
How to apply Astonea Labs IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Astonea Labs IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Astonea Labs IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Astonea Labs IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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