The Astron Multigrain IPO minimum market lot is 4,000 shares with ₹2,52,000 application amount. The Astron Multigrain IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Astron Multigrain IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.32 | 0.28 | 0.50 |
| RII | 1.10 | 1.53 | 1.94 |
| Total | 0.71 | 0.91 | 1.22 |
Astron Multigrain IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Astron Multigrain IPO Review and Rating
- Neutral
Astron Multigrain IPO Form
How to apply for the Astron Multigrain IPO? You can apply for Astron Multigrain IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Astron Multigrain IPO in the Invest section. The other option is you can apply for Astron Multigrain IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
