Astron Multigrain is engaged in the manufacturing of instant noodles, producing both contract-manufactured products for marketers and its own branded noodles sold under “Astron’s Swagy Noodles.” The current product lineup includes a single variant, Mast Masala (Classic Flavour). In addition to noodles, the Company also manufactures noodle bhujiya and papad. Instant noodles are pre-cooked and sold in dried blocks with flavouring powder and/or seasoning oil, requiring only hot water for quick preparation. Owing to their convenience and taste, ready-to-eat noodles continue to gain strong market acceptance and popularity.
Price Band₹63 |
Dates01 Dec - 03 Dec |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹18.40 Crs |
Astron Multigrain IPO Objects
- Funding Capital Expenditure towards purchase of machinery
- To Meet Working Capital Requirements
- General Corporate Purposes
Astron Multigrain IPO Details
Price Band₹63 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹14.74 Cr (0.23 Cr Shares) |
Offer For Sale₹3.65 Cr (0.06 Cr Shares) |
Total Issue₹18.40 Cr (0.29 Cr Shares) |
Face Value₹10 per equity share |
Astron Multigrain IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
4,000
2,52,000
Maximum
2
4,000
2,52,000
|
|||
| Others |
Minimum
3
6,000
3,78,000
|
|||
Astron Multigrain IPO GMP
The estimated Grey Market Premium of Astron Multigrain IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | 0 |
| NII | 50% of Net Offer |
| Retail | 50% of Net Offer |
| Market Maker | 1,48,000 EQ shares |
Astron Multigrain IPO Financials
| Particulars | Oct-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 23.58 | 33.91 | 25.90 | 19.49 |
| Profit after Tax | 2.11 | 2.31 | 1.98 | 1.24 |
| Net Worth | 12.62 | 10.51 | 8.20 | 3.82 |
| Total Borrowing | 3.42 | 4.28 | 5.02 | 6.70 |
| Total Assets | 27.55 | 21.79 | 17.71 | 14.83 |
| NAV per share (in ₹) | 20.17 | 16.79 | 13.45 | 7.21 |
| EPS - Basic (in ₹) | 5.79 | 3.69 | 3.25 | 2.34 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 11.98% |
| PAT | 6.80% |
| ROE | 24.66% |
| ROCE | 23.73% |
| Debt to Equity | 0.41 |
| PE Ratio | 17.07 |
| PB Ratio | 3.75 |
| Mkt Cap (in Crs.) | 54.18 |
- All Ratios are based on Mar 2024-25.
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Astron Multigrain IPO Peer Comparision
| Particulars | Astron | Hindustan | Patanjali | Marico |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 33.91 | 61,469.00 | 34,156.97 | 7,581.00 |
| PAT (In Crs.) | 2.31 | 10,644.00 | 1,301.34 | 1,541.00 |
| EPS - Basic | 3.69 | 45.30 | 35.96 | 11.91 |
| NAV per share | 16.79 | 209.16 | 314.04 | 36.92 |
| RONW | 21.95% | 21.20% | 12.06% | 32.35% |
| EBITDA | 11.98% | 23.50% | 6.09% | 19.11% |
| PAT Margin | 6.80% | 17.32% | 3.81% | 20.33% |
| Price to earning (PE) | 17.07 | 55.96 | 52.92 | 56.18 |
| Debt to Equity | 0.41 | 0.00 | 0.07 | 0.03 |
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 September 12, 2025 for Peers
Astron Multigrain IPO Peer Comparision
| Particulars | Astron |
|---|---|
| Revenue from Ops (in Crs.) | 33.91 |
| PAT (In Crs.) | 2.31 |
| EPS - Basic | 3.69 |
| NAV per share | 16.79 |
| RONW | 21.95% |
| EBITDA | 11.98% |
| PAT Margin | 6.80% |
| Price to earning (PE) | 17.07 |
| Debt to Equity | 0.41 |
| Hindustan | Patanjali | Marico |
|---|---|---|
| 61,469.00 | 34,156.97 | 7,581.00 |
| 10,644.00 | 1,301.34 | 1,541.00 |
| 45.30 | 35.96 | 11.91 |
| 209.16 | 314.04 | 36.92 |
| 21.20% | 12.06% | 32.35% |
| 23.50% | 6.09% | 19.11% |
| 17.32% | 3.81% | 20.33% |
| 55.96 | 52.92 | 56.18 |
| 0.00 | 0.07 | 0.03 |
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 September 12, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Jenish Khunt | 96.00% |
| Others | 3.99% |
| Total | 99.99% |
Management Details
| Name | Designation |
|---|---|
| Jenish Khunt | Chairman & MD |
| Hardik Gondaliya | CFO |
Company Details
Name: Astron Multigrain Limited
Address: Plot No. 17 To 21, Near Ram Hotel, Chordi, Gondal, Rajkot, Gujarat-360311, India
Number: +91 8849506534
Email: cs@astronmultigrain.co.in
Website: www.astronmultigrain.co.in
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Find answers to common questions that come in your mind related to IPO.
Astron Multigrain IPO is a SME IPO having an issue size of Rs. ₹18.40 Crs. Astron Multigrain IPO is priced at ₹63 - ₹63 per share. The issue opens on 01 Dec 25 and closes on 03 Dec 25.
Astron Multigrain IPO opens on 01 Dec 25 and closes on 03 Dec 25.
The estimated Grey Market Premium of Astron Multigrain IPO is ₹0 per share (0.00%).
The minimum lot size of Astron Multigrain IPO is 2000 shares & the minimum application amount is Rs. 126000.
The allotment date of Astron Multigrain IPO is 04 Dec 25.
The listing date of Astron Multigrain IPO is 08 Dec 25.
Astron Multigrain IPO is subscribed -.
Astron Multigrain IPO is priced at ₹63 - ₹63 per share.
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