Astron Multigrain IPO was subscribed overall 1.22 times on the last day, while the retail quota was subscribed 1.94 times, QIB subscribed 0.00 times, and NII quota subscribed 0.50 times, respectively.
Details About Astron Multigrain IPO
Astron Multigrain has received approval from SEBI for an IPO of ₹18.40 crores. The IPO comprises a fresh issue of ₹14.74 crores and an offer for sale up to 5,80,000 equity shares with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹63 per share. In this IPO a total of 4,000 shares were available in 2 lot sizes for the minimum Retail category, and for the maximum Retail category.
S-HNI (Min) has a total of 6,000 shares in 3 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of maximum investment of ₹2,52,000.
- S-HNI (Minimum): Minimum investment of ₹3,78,000.
Subscription duration of the Astron Multigrain IPO
The opening date of the Astron Multigrain IPO subscription was December 1, 2025, and the closing date was December 3, 2025. The Astron Multigrain IPO allotment was finalized on December 4, 2025, and the IPO listing is on December 8, 2025.
Funds Deployment of This Company
- The proceeds raised from the fresh issue will be utilized towards purchase of machinery.
- A portion of the fund will be used to meet the working capital requirements.
- Lastly, the remaining funds will be used for the company’s 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
The company reported revenue of ₹33.92 crores in 2025 against ₹26.51 crores in 2024. The company reported profit of ₹2.31 crores in 2025 against profit of ₹1.98 crores in 2024.
