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Astron Multigrain IPO
1.27xsubscribed

Astron Multigrain IPO

Consumer Food
listed
₹2.52LMin. investment

Astron Multigrain Limited IPO Details

SectorConsumer Food
Price range₹63.00 – ₹63.00
IPO type
SME
Lot size2000 shares
Issue size₹18Cr
Red Herring Prospectus
Read
Market cap
₹54.18CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹33.9CrLower than sector avg
Growth rate3Y CAGR
31.90%

Astron Multigrain IPO Subscription Status

Date
QIB
NII
Retail
Total
01-Dec-25
0.0 times (X)
0.0 times (X)
1.1 times (X)
0.71 times (X)
02-Dec-25
0.01X
0.0X
1.53X
0.96X
03-Dec-25
0.12X
0.0X
1.94X
1.27X

As on 01-Dec-25, 5:30 PM

Astron Multigrain IPO Timeline

  1. Pre-apply
    28 Nov 2025
  2. Bid start
    1 Dec 2025
  3. Bid end
    3 Dec 2025
  4. Allotment
    4 Dec 2025
  5. Release of funds
    5 Dec 2025
  6. Demat transfer
    5 Dec 2025
  7. Listing
    8 Dec 2025

About Astron Multigrain Limited

Astron Multigrain Limited is engaged in manufacturing instant noodles, primarily on a contract basis for Gokul Snacks Private Limited. The company also sells noodles under its own brand “Astron’s Swagy Noodles” (Mast Masala variant) and additionally makes noodle bhujiya and papad. The company operates a manufacturing facility at Gujarat with an installed capacity of 5,110 MTPA and a capacity utilisation rate of 43.16% as of October, 2025. Own brand manufacturing contributed 70.67% of revenue and contract manufacturing 29.33% as of October, 2025. Product wise, instant noodles constituted 89.98%, followed by papad at 9.48%. The company generates majority of its revenue from Gujarat (93.93%).

Checklist

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Risk analysis
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Objectives of Astron Multigrain Limited IPO

Working capital
38.30%
The company will use up to ₹5.65 crore to meet the working capital requirements.
General corporate purposes
31.40%
The company will use ₹2.13 crore for general corporate purposes.
Capital expenditure
30.20%
The company will use up to ₹4.45 crore for purchase of machinery.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹33.9Cr31.90%₹2.3Cr₹54.18Cr17.070.41
This sector (avg.)₹1,087.57Cr0%₹78.55Cr₹7,146.66Cr43.500.91
₹20,201.56Cr---₹3,207.59Cr₹2,56,928.6Cr78.770.29
₹20,481.33Cr---₹2,634.29Cr₹1,59,376.2Cr53.620.17
₹17,942.67Cr---₹2,177.86Cr₹1,41,160.9Cr60.930.29

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Astron Multigrain IPO Contact Details

Company NameAstron Multigrain Limited

How to apply for Astron Multigrain IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Astron Multigrain Limited IPO FAQs