astron multigrain limited IPO
IPO Overview
Astron multigrain limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹18.40 Cr. The IPO price band is set at ₹63 per share, and retail investors can apply with a minimum investment of ₹2.52 L as per IPO guidelines.
The Astron multigrain limited IPO opens on 1 Dec 2025 and closes on 3 Dec 2025. The IPO allotment is expected to be finalized on 4 Dec 2025, and the equity shares are proposed to be listed on BSE on 8 Dec 2025.
Investors can refer to the Astron multigrain limited IPO RHP-DRHP for detailed information. The issue is managed by Finaax Capital Advisors Private Limited as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
Business Model
Contract Manufacturing: In this vertical, everything from ingredients and raw material procurement, handling, and packaging is done by the company but the client sells products under own brand.
Own Brand Manufacturing: In this vertical, it manufactures and sells products under the own brand name.
Apart from noodles, it also make noodle bhujiya and papad.
Manufacturing Facility: Gondal, Rajkot, Gujarat, with an installed capacity of 5110 MTA. The facility is accredited with FSSAI license under Food Safety and Standards Act, 2006.
Customers and market presence: The company markets and sells products in teh B2B segment, majorly in the states of Gujarat, Madhya Pradesh, Maharashtra and Bihar. The products are sold to Super Stockiest who supplies to the wholesalers and further distributed among retailers.
Segment-wise revenue: In FY 25, 79.82% of total revenue was derived from own brand manufacturing and 20.18% derived from contract manufacturing.
Competitive strengths
Experienced Promoters and Management Team
Affordable Pricing
Well-established trade name
Quality Compliance
Widespread Sales and Distribution Network
Investment Objective
To Meet Working Capital Requirements
General Corporate Purposes