Astonea Labs Limited IPO

Astonea Labs Limited IPO

Astonea Labs Limited is a pharmaceutical and cosmetic manufacturer with a wide product range including antibiotics, antihistamines, diabetes and cardiovascular drugs, gynecological products, analgesics, antifungals, and multivitamins. Their cosmetics cover skin, hair, and oral care in forms like creams, serums, and oils. They also trade in packaging and raw materials and offer contract manufacturing for domestic and international clients. Products are marketed under "Glow Up" and "Regero," with "Glow Up" sold on Amazon and Tata 1MG. A new skincare line, "Avicel," is launching soon. With exports to Iraq and Yemen, and a recent USFDA audit, Astonea is expanding into regulated markets.

Price Band

₹128 - ₹135

Dates

27 May - 29 May

GMP

₹1 (0.74%)

Subscriptions

-

Issue Size

₹37.67 Crs

Astonea Labs IPO Key Dates
Opening Date

27 May 25

Closing Date

29 May 25

Basis Of Allotment

30 May 25

Initiations Of Refund

02 Jun 25

Credit Of Shares

02 Jun 25

Listing Date

03 Jun 25

Astonea Labs IPO Objects

  1. Funding of expenses towards product registration in Bolivia, South America
  2. Purchase and installation of plant and machineries
  3. Advertising, marketing and brand building
  4. Investment in procuring hardware and software
  5. Funding of working capital requirements
  6. General corporate purposes

Astonea Labs IPO Details
Price Band

₹128 - ₹135

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹37.67 Cr (0.28 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹37.67 Cr (0.28 Cr Shares)

Face Value

₹10 per equity share

Astonea Labs IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1,000 1,35,000
Maximum 1 1,000 1,35,000
NII
Minimum 2 2,000 2,70,000
Astonea Labs IPO GMP

The estimated Grey Market Premium of Astonea Labs IPO is ₹1 per share (0.74%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

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 1,44,000 EQ Shares
Astonea Labs IPO Financials

(Rs. in crores)

Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 69.55 80.19 67.05 30.06
Profit after Tax 4.10 3.81 0.67 0.25
Net Worth 17.28 11.97 8.16 7.49
Total Borrowing 49.48 42.40 35.99 29.52
Total Assets 96.52 80.89 64.28 52.91
NAV per share (in ₹) 22.41 15.75 10.73 9.86
EPS - Basic (in ₹) 5.32 5.01 0.88 0.33

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI KPI
EBITDA 14.60%
PAT 4.75%
ROE 37.86%
ROCE 22.95%
PE Ratio 26.95
PB Ratio 8.57
Mkt Cap (in Crs.) 141.90
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Astonea Labs IPO Peer Comparision

(Rs. in crores)

Particulars Astonea Labs Beta Drugs
Revenue from Ops (in Crs.) 80.19 295.71
PAT (In Crs.) 3.81 36.44
EPS - Basic 5.01 37.90
NAV per share 15.75 163.43
RONW 31.83% 23.19%
EBITDA 14.60% 20.29%
PAT Margin 4.75% 12.32%
Price to earning (PE) 26.95 49.00
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 23, 2025 for Peers
Astonea Labs IPO Peer Comparision

(Rs. in crores)

Particulars Astonea Labs
Revenue from Ops (in Crs.) 80.19
PAT (In Crs.) 3.81
EPS - Basic 5.01
NAV per share 15.75
RONW 31.83%
EBITDA 14.60%
PAT Margin 4.75%
Price to earning (PE) 26.95
Beta Drugs
295.71
36.44
37.90
163.43
23.19%
20.29%
12.32%
49.00
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 23, 2025 for Peers
Promoter Details
Name Shareholding
Ashish Gulati 96.40%
Other Promoter 2.02%
Total 98.42%
Management Details
Name Designation
Ashish Gulati Managing Director
Sumit Kumar CFO
Company Details

Name: Astonea Labs Limited

Address: SCO 186-187, 2nd Floor, Cabin No. 206, SECTOR 8 C, Sector 8, Chandigarh 160009, India

Number: +91 – 9888302323

Email: cs@astonea.org

Website: https://www.astonea.org/

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Frequently Asked questions?

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

Astonea Labs IPO is a SME IPO having an issue size of Rs. ₹37.67 Crs. Astonea Labs IPO is priced at ₹128 - ₹135 per share. The issue opens on 27 May 25 and closes on 29 May 25.

Astonea Labs IPO opens on 27 May 25 and closes on 29 May 25.

The estimated Grey Market Premium of Astonea Labs IPO is ₹1 per share (0.74%).

The minimum lot size of Astonea Labs IPO is 1000 shares & the minimum application amount is Rs. 135000.

The allotment date of Astonea Labs IPO is 30 May 25.

The listing date of Astonea Labs IPO is 03 Jun 25.

Astonea Labs IPO is subscribed -.

Astonea Labs IPO is priced at ₹128 - ₹135 per share.

Click the allotment link on Astonea Labs 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 Astonea Labs 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