Astron Multigrain Limited IPO

Astron Multigrain Limited IPO

SME BSE SME Fixed Price
Closed

Price Band

₹63

Total Issue

₹18.40 Cr

Bid Dates

01 Dec - 03 Dec

Subscription

-

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Astron Multigrain is engaged in the manufacturing of instant noodles, producing both contract-manufactured products for marketers and its own branded noodles sold under “Astron’s Swagy Noodles.” The current product lineup includes a single variant, Mast Masala (Classic Flavour). In addition to noodles, the Company also manufactures noodle bhujiya and papad. Instant noodles are pre-cooked and sold in dried blocks with flavouring powder and/or seasoning oil, requiring only hot water for quick preparation. Owing to their convenience and taste, ready-to-eat noodles continue to gain strong market acceptance and popularity.

Lot Info

Lot Information for Astron Multigrain IPO
Category Lots Shares Amount
Individual (Min) 2 4,000 ₹2,52,000
Individual (Max) 2 4,000 ₹2,52,000
Others (Min) 3 6,000 ₹3,78,000
Market Maker
1,48,000 EQ shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹18.40 Cr
Fresh Issue
₹14.74 Cr (0.23 Cr Shares)
Offer For Sale
₹3.65 Cr (0.06 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹63
Est. Gain 0.00%

Astron Multigrain IPO Peer Comparison

(Rs. in crores)

Astron Multigrain IPO Peer Comparison Table
Particulars Astron Hindustan Patanjali Marico
Revenue from Ops (in Crs.) 33.91 61,469.00 34,156.97 7,581.00
PAT (In Crs.) 2.31 10,644.00 1,301.34 1,541.00
EPS - Basic 3.69 45.30 35.96 11.91
NAV per share 16.79 209.16 314.04 36.92
RONW 21.95% 21.20% 12.06% 32.35%
EBITDA 11.98% 23.50% 6.09% 19.11%
PAT Margin 6.80% 17.32% 3.81% 20.33%
Price to earning (PE) 17.07 55.96 52.92 56.18
Debt to Equity 0.41 0.00 0.07 0.03

All the information pertains to FY 2024-25.The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 12, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Astron Multigrain IPO
Particulars Oct-25 Mar-25 Mar-24 Mar-23
Revenue from Operations 23.58 33.91 25.90 19.49
Profit after Tax 2.11 2.31 1.98 1.24
Net Worth 12.62 10.51 8.20 3.82
Total Borrowing 3.42 4.28 5.02 6.70
Total Assets 27.55 21.79 17.71 14.83
NAV per share (in ₹) 20.17 16.79 13.45 7.21
EPS - Basic (in ₹) 5.79 3.69 3.25 2.34

KPIs

EBITDA

11.98%

PAT

6.80%

ROE

24.66%

ROCE

23.73%

Debt to Equity

0.41

PE Ratio

17.07

PB Ratio

3.75

Mkt Cap (in Crs.)

54.18

  • All Ratios are based on Mar 2024-25.
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

99.99%

Public

0.01%

Jenish Khunt 96.00%
Others 3.99%

Management

Jenish Khunt Chairman & MD
Hardik Gondaliya CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Finaxx Capital Finaxx Capital

Subscription Status

Updated as on 03 Dec 2025 | 05:00:00 PM

BSE SME Subscription Status for Astron Multigrain IPO
Category Sub (x) Offered Bids
Individual Investor 1.94x 13,88,000 26,96,000
Others 0.50x 13,84,000 6,90,000
Total 1.22x 27,72,000 33,86,000

Frequently Asked Questions

What is Astron Multigrain IPO?
Astron Multigrain IPO is a SME IPO having an issue size of ₹18.40 Crs. Astron Multigrain IPO is priced at ₹63 - ₹63 per share. The issue opens on 01 Dec 25 and closes on 03 Dec 25.
When will Astron Multigrain IPO open?
Astron Multigrain IPO opens on 01 Dec 25 and closes on 03 Dec 25.
What is the GMP of Astron Multigrain IPO?
The estimated Grey Market Premium of Astron Multigrain IPO is ₹0 per share (0.00%).
What is the lot size of Astron Multigrain IPO?
The minimum lot size of Astron Multigrain IPO is 2000 shares & the minimum application amount is Rs. 126000.
When is the allotment of Astron Multigrain IPO?
The allotment date of Astron Multigrain IPO is 04 Dec 25.
What is the listing date of Astron Multigrain IPO?
The listing date of Astron Multigrain IPO is 08 Dec 25.
What is the subscription of Astron Multigrain IPO?
Astron Multigrain IPO is subscribed -.
What is the price band of Astron Multigrain IPO?
Astron Multigrain IPO is priced at ₹63 - ₹63 per share.
How to check allotment status of Astron Multigrain IPO?
Click the allotment link on Astron Multigrain IPO page of IPO360.
How to apply Astron Multigrain 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 Astron Multigrain 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 Astron Multigrain IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Astron Multigrain 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