Asston Pharmaceuticals Limited IPO

Asston Pharmaceuticals Limited IPO

Asston Pharmaceuticals Limited is India’s pharmaceutical industry, often dubbed the "Pharmacy of the World," plays a vital role globally by supplying 20% of generic drugs by volume. It offers around 60,000 generic brands across 60 therapeutic categories and is renowned for affordable medicines and vaccines. Eight of the top 20 global generic drug companies are Indian. Ranked third globally in terms of volume and 14th in value, the industry has evolved into a key economic contributor, accounting for 1.72% of India’s GDP.

Price Band

₹115 - ₹123

Dates

09 Jul - 11 Jul

GMP

₹29 (23.58%)

Subscriptions

-

Issue Size

₹27.56 Crs

Asston Pharmaceuticals IPO Key Dates
Opening Date

09 Jul 25

Closing Date

11 Jul 25

Basis Of Allotment

14 Jul 25

Initiations Of Refund

15 Jul 25

Credit Of Shares

15 Jul 25

Listing Date

16 Jul 25

Asston Pharmaceuticals IPO Objects

  1. Funding capex requirements towards acquiring machinery in the manufacturing unit
  2. Funding the incremental working capital requirements of our Company
  3. Repayment in part or full, of certain of our outstanding borrowings availed by our Company
  4. General Corporate Purposes

Asston Pharmaceuticals IPO Details
Price Band

₹115 - ₹123

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹27.56 Cr (0.22 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹27.56 Cr (0.22 Cr Shares)

Face Value

₹10 per equity share

Asston Pharmaceuticals IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1,000 1,23,000
Maximum 1 1,000 1,23,000
Small HNI
Minimum 2 2,000 2,46,000
Maximum 8 8,000 9,84,000
Big HNI
Minimum 9 9,000 11,07,000
Asston Pharmaceuticals IPO GMP

The estimated Grey Market Premium of Asston Pharmaceuticals IPO is ₹29 per share (23.58%)

Category Allocation
Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 1,13,000 EQ Shares
Asston Pharmaceuticals IPO Financials

(Rs. in crores)

Particulars May-25 Mar-25 Mar-24 Mar-23
Revenue from Operations 6.19 25.04 15.59 6.54
Profit after Tax 1.32 4.33 1.36 1.06
Net Worth 12.04 10.72 6.39 1.99
Total Borrowing 7.83 7.26 6.82 5.25
Total Assets 31.83 28.12 20.26 13.69
NAV per share (in ₹) 19.20 17.09 10.19 3.55
EPS - Basic (in ₹) 2.11 6.90 18.92 15.09

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 24.60%
PAT 17.27%
ROE 50.56%
ROCE 51.25%
Debt to Equity 0.68
PE Ratio 17.83
PB Ratio 7.20
Mkt Cap (in Crs.) 104.70
  • All Ratios are based on March 25
  • PE,PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Asston Pharmaceuticals IPO Peer Comparision

(Rs. in crores)

Particulars Asston Pharmaceuticals Shelter Pharma Bafna Pharmaceuticals Trident Lifeline
Revenue from Ops (in Crs.) 25.04 50.66 145.86 67.80
PAT (In Crs.) 4.33 7.24 4.15 13.05
EPS - Basic 6.90 6.26 1.76 11.35
NAV per share 17.09 36.96 35.86 57.16
RONW 40.36% 16.94% 4.89% 19.85%
EBITDA 24.60% 19.87% 6.19% 27.70%
PAT Margin 17.27% 14.29% 2.85% 19.25%
Price to earning (PE) 58.29 6.70 51.38 25.29
  • 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 July 02, 2025 for Peers
Asston Pharmaceuticals IPO Peer Comparision

(Rs. in crores)

Particulars Asston Pharmaceuticals
Revenue from Ops (in Crs.) 25.04
PAT (In Crs.) 4.33
EPS - Basic 6.90
NAV per share 17.09
RONW 40.36%
EBITDA 24.60%
PAT Margin 17.27%
Price to earning (PE) 58.29
Shelter Pharma Bafna Pharmaceuticals Trident Lifeline
50.66 145.86 67.80
7.24 4.15 13.05
6.26 1.76 11.35
36.96 35.86 57.16
16.94% 4.89% 19.85%
19.87% 6.19% 27.70%
14.29% 2.85% 19.25%
6.70 51.38 25.29
  • 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 July 02, 2025 for Peers
Promoter Details
Name Shareholding
Ashish Sakalkar 29.54%
Saili More 29.54%
Sachin Badakh 9.68%
Total 68.76%
Management Details
Name Designation
Ashish Sakalkar MD
Saili More CEO
Deven Patil CFO
Company Details

Name: Asston Pharmaceuticals Limited

Address: 4th Floor, Office No A-431, Balaji Bhavan, Plot No 42A Sector-11, CBD Belapur, Navi Mumbai, Thane – 400 614, Maharashtra, India

Number: +91 22 49731411/+91 2249731419

Email: info@asstonpharmaceuticals.com

Website: www.asstonpharmaceuticals.com

Book Running Lead Managers (BRLMs)
Company
SOBHAGYA CAPITAL OPTIONS PRIVATELIMITED
Visit Website
RTAs
Company
Maashitla Securities
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Asston Pharmaceuticals IPO is a SME IPO having an issue size of Rs. ₹27.56 Crs. Asston Pharmaceuticals IPO is priced at ₹115 - ₹123 per share. The issue opens on 09 Jul 25 and closes on 11 Jul 25.

Asston Pharmaceuticals IPO opens on 09 Jul 25 and closes on 11 Jul 25.

The estimated Grey Market Premium of Asston Pharmaceuticals IPO is ₹29 per share (23.58%).

The minimum lot size of Asston Pharmaceuticals IPO is 1000 shares & the minimum application amount is Rs. 123000.

The allotment date of Asston Pharmaceuticals IPO is 14 Jul 25.

The listing date of Asston Pharmaceuticals IPO is 16 Jul 25.

Asston Pharmaceuticals IPO is subscribed -.

Asston Pharmaceuticals IPO is priced at ₹115 - ₹123 per share.

Click the allotment link on Asston Pharmaceuticals IPO page of IPO360.

  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

  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

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Asston Pharmaceuticals 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