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 |  |
| RHP Draft Prospectus | |
Astron Multigrain IPO Review & Key Points
- Review: Neutral
- Rating: 2
Astron Multigrain IPO Market Lot
The Astron Multigrain IPO minimum market lot is 4,000 shares with ₹2,52,000 application amount.
| 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 Dates
The Astron Multigrain IPO date is December 1 and the close date is December 3. The Astron Multigrain IPO allotment will be finalized on December 4 and the IPO listing 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 promoters of the company 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 involved in the manufacturing of instant noodles since 2018. Its instant noodles as of now only available in one variant, which is Mast Masala (Classic flavour). Instant noodles are ready-to-cook noodles that come in dry blocks, masala powder, and seasoning oil. To prepare it only requires hot water, and it’s ready. These easy-to-make and tasty noodles are mostly eaten by young adults and students, working professionals, single-person households, low- to middle-class families, and everyone.
Along with producing noodles for its own brand sold under the name “Astron’s Swagy Noodles”, the company also makes noodles for Gokul Snacks Private Limited under a contract. Moreover, Astron is also engaged in the manufacturing of noodle bhujiya and papad. Its manufacturing facility is situated in Gondal, Rajkot, Gujarat, with an installed 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 |
| October 2025 | ₹23.58 | ₹20.73 | ₹2.11 | ₹27.55 |
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: [email protected]
Website: http://www.astronmultigrain.co.in/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
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Note: The Astron Multigrain IPO price band and date are officially announced. The (Astron Multigrain IPO grey market premium) will be added to the IPO GMP page as it will start).
