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InvestmentsIPOAstron Multigrain IPO

Astron Multigrain IPO

SME

Open Date

1 Dec 2025

Close Date

3 Dec 2025

Min Investment

₹ 2,52,000

Max Investment

₹ 5,00,000

Lot Size

2,000

Issue Size

₹ 18.40 Cr

Price Range

₹ 63 - ₹ 63
status

IPO Closed Now.

IPO Timeline
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IPO Offer Start
1 Dec 2025
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IPO Offer Ends
3 Dec 2025
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Allotment Finalisation
4 Dec 2025
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Refund Initialisation
5 Dec 2025
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Non-Institutional Buyers (sHNI)
5 Dec 2025
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Listing of Shares
8 Dec 2025
IPO Subscription Details as on 5 Dec 2025, 10:19 AM
Retail
7.7 x
Total
9.13 x
Non-Institutional Buyer (bHNI)
9.83 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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Financials of Astron Multigrain IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue19.4925.9033.91
Other Income0.010.610.01
Total Income
19.5026.5133.92
Total Expenses
17.9823.9430.83
Profit Before Tax1.522.563.08
Total Profit
1.241.982.31

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to purchase new machineries to expand installed capacity at their manufacturing facility. This will enable the company to cater to growing demand of instant noodles domestically and benefit from lower cycle times, efficient productivity and competitive edge.4
The company intends to fund working capital requirements including inventories, trade receivables, and other current assets. The net working capital requirement is estimated for future financial years to support business operations and growth.6
The company will utilize funds for general corporate purposes to drive business growth, including meeting operating expenses, strengthening business development and marketing capabilities, and meeting exigencies, subject to regulatory limits.2
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  • Experienced Promoters and Management Team: The company's promoters have 7 years and 5 years of experience in the Ready to Eat Food Industry respectively, driving steady growth through strategic and operational expertise.
  • Affordable Pricing: The company offers products at accessible price points for middle and lower income groups, with large scale production driving down per unit manufacturing costs through favorable supplier terms and automation.
  • Well established Trade Name: The company has established brand equity through 'Astron Swagy' trade name, fostering consumer loyalty through consistent quality products, affordable pricing and innovative packaging in a brand-sensitive market.
  • Quality Compliance: The company maintains stringent quality control across the entire production chain with FSSAI, HACCP and ISO 22000:2018 accreditation, building customer trust through consistent quality standards.
  • Widespread Sales and Distribution Network: The company operates through well-established super stockiest relationships across Gujarat, Madhya Pradesh, Maharashtra and Bihar, enabling coverage of large territories including remote and rural areas.
  • Cordial Relationship between Management and Labour: The company maintains harmonious relations with workforce, employing majority women on daily labour basis for their attention to detail and precision in quality control and packaging operations.

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©2021-2025 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
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