Astron Multigrain IPO Date, Review, Price, Allotment Details

Posted on: 26 Nov 2025

The Astron Multigrain IPO will open on December 1, 2025, and close on December 3, 2025. It is a Fixed Price Issue, through which the company aims to raise ₹18.40 crores, including a fresh issue of ₹14.74 crores and an offer for sale of 5,80,000 equity shares with a face value of ₹10 each.

The IPO price is set at ₹63 per share. The quota distribution includes 50% for retail investors, 0% for QIB, and 50% for HNI investors. The Astron Multigrain IPO is scheduled to list on the BSE on December 8, 2025, while the allotment date is December 4, 2025.

Financially, the company recorded a revenue of ₹33.92 crores in 2025, up from ₹26.51 crores in 2024, and a profit of ₹2.31 crores in 2025, compared to ₹1.98 crores in 2024. Based on these financials, long-term investors may consider applying for the IPO.

Astron Multigrain IPO Details

IPO Open Date
December 1, 2025
IPO Close Date
December 3, 2025
Face Value
₹10 Per Equity Share
IPO Price Band
₹63 Per Share
Issue Size
Approx ₹18.40 Crores
Fresh Issue
Approx ₹14.74 Crores
Offer for Sale:
Approx 5,80,000 Equity Shares
Issue Type
Fixed Price Issue
IPO Listing
BSE SME
DRHP Draft Prospectus
PDF

Astron Multigrain IPO Market Lot

The minimum market lot for the Astron Multigrain IPO is 4,000 shares, requiring an application amount of ₹2,52,000.

Application
Lot Size
Shares
Amount
Retail Minimum
2
4,000
₹2,52,000
Retail Maximum
2
4,000
₹2,52,000
S-HNI Minimum
3
6,000
₹3,78,000

IPO Reservation

Investor Category
Share Offered
-% Shares
Anchor Investor
– Shares
-%
NII Shares Offered
13,84,000 Shares
47.40%
Retail Shares Offered
13,88,000 Shares
47.53%

Astron Multigrain IPO Anchor Investors

Anchor Bidding Date
2025
Anchor Investors List
PDF
Shares Offered
[.] Shares
Anchor Size
[.] Cr.
lock-in period end date 50% shares (30 Days)
2025
lock-in period end date 50% shares (90 Days)
2025

Astron Multigrain IPO Dates

The Astron Multigrain IPO will open on December 1 and close on December 3. The allotment is scheduled to be finalized on December 4, and the IPO is set to list on the exchange on December 8.

IPO Open Date:
December 1, 2025
IPO Close Date:
December 3, 2025
Basis of Allotment:
December 4, 2025
Refunds:
December 5, 2025
Credit to Demat Account:
December 5, 2025
IPO Listing Date:
December 8, 2025
IPO Bidding Cut-off Time:
December 3, 2025 – 5 PM

Promoters and Holding Pattern

The company’s promoters are Mr. Jenish Parshottambhai Khunt and Ms. Poonam Jenish Khoont.

Particular
Shares
% Share
Promoter Holding Pre Issue
62,60,000
99.99%
Promoter Holding Post Issue
86,00,000
66.05%

Objects of the Issue & Utilisation of proceeds

Purpose
Crores
Funding Capital Expenditure towards purchase of machinery
₹4.46
To Meet Working Capital Requirements
₹5.65
General Corporate Purposes
₹-

About Astron Multigrain IPO

Astron Multigrain has been manufacturing instant noodles since 2018. The company currently offers its instant noodles in a single variant, Mast Masala (Classic Flavour). These ready-to-cook noodles come with dry blocks, masala powder, and seasoning oil—requiring only hot water for preparation. Their convenience and taste make them popular among students, young adults, working professionals, single households, and low- to middle-income families.

In addition to producing noodles under its own brand, “Astron’s Swagy Noodles,” the company also manufactures noodles on contract for Gokul Snacks Private Limited. Astron further produces noodle bhujiya and papad. Its manufacturing facility, located in Gondal, Rajkot, Gujarat, has an installed production capacity of 5,110 MTA.

Astron Multigrain IPO Company Financial Report

Amount ₹ in Crores

Period Ended
Revenue
Expense
PAT
Assets
2023
₹19.50
₹17.98
₹1.24
₹14.83
2024
₹26.51
₹23.94
₹1.98
₹17.71
2025
₹33.92
₹30.83
₹2.31
₹21.79

Astron Multigrain IPO Valuation – FY2025

Check Astron Multigrain IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI
Values
ROE:
24.66%
ROCE:
23.73%
EBITDA Margin:
11.98%
PAT Margin:
6.80%
Debt to equity ratio:
0.41
Earning Per Share (EPS):
₹3.69 (Basic)
Price/Earning P/E Ratio:
N/A
Return on Net Worth (RoNW):
21.95%
Net Asset Value (NAV):
₹16.79

Peer Group Comparison

Company
EPS
PE Ratio
RoNW %
NAV
Income
Hindustan Unilever Limited
45.30
55.96
21.20%
209.16
61,469.00 Cr.
Patanjali Foods Limited
35.96
52.92
12.06%
314.04
34,156.97 Cr.
Marico Limited
11.91
56.18
32.35%
36.92
7,581.00 Cr.

IPO Lead Managers aka Merchant Bankers

  • Finaax Capital Advisors Private Limited 

Company Address

Astron Multigrain Ltd.
Plot No. 17 To 21, Near Ram Hotel,
Chordi, Gondal
Rajkot, Gujarat, 360311
Phone: +91 8849506534
Email: cs@astronmultigrain.co.in
Website: http://www.astronmultigrain.co.in/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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