The Astron Multigrain IPO opening date is December 1, 2025, and the IPO will close on December 3, 2025. The Astron Multigrain IPO is a fixed-price issue. The company will raise approximately ₹18.40 crore through the IPO, which includes a fresh issue of ₹14.74 crore and an offer for sale of up to 580,000 equity shares with a face value of ₹10.
The price band for the Astron Multigrain IPO is ₹63 per share. The retail quota is 50%, QIB 0%, and HNI 50%. The Astron Multigrain IPO will be listed on the BSE on December 8, 2025. The allotment date for the Astron Multigrain IPO is December 4, 2025.
The company reported revenue of ₹33.92 crore in 2025, compared to ₹26.51 crore in 2024. The company reported a profit of ₹2.31 crore in 2025 compared to a profit of ₹1.98 crore in 2024. According to financials, IPO investors should apply for the IPO GMP for the long term.
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 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 Anchor Investors
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
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 | ₹- |
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 |
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. |
Astron, incorporated in 2005, manufactures multigrain instant noodles. It manufactures noodles on a contract basis for Gokul Snacks Private Limited, which sells them under its own brand. The company also sells under its own brand, "Astron's Swaggy Noodles," which is currently available in Mast Masala (Classic Flavor).
Business Model
Contract Manufacturing: In this vertical, the company handles everything from procuring ingredients and raw materials, handling, and packaging, but the client sells the product under its own brand.
Own Brand Manufacturing: In this vertical, the company manufactures and sells products under its own brand name.
In addition to noodles, it also produces noodle bhujia and papad.
Manufacturing Facility: Gondal, Rajkot, Gujarat, with an installed capacity of 5110 MTA. This facility is FSSAI licensed under the Food Safety and Standards Act, 2006.
Customer and Market Presence: The company markets and sells products in the B2B segment, primarily in the states of Gujarat, Madhya Pradesh, Maharashtra, and Bihar. Products are sold to super stockists who supply to wholesalers and then distribute them to retailers.
Revenue by Segment: In FY25, 79.82% of total revenue came from own-brand manufacturing and 20.18% from contract manufacturing.
Competitive Strengths
Experienced promoter and management team
Affordable pricing
Recognized trade name
Quality compliance
Extensive sales and distribution network
Company Address
Astron Multigrain Ltd.
Plot No. 17 To 21, Near Ram Hotel,
Chordi, Gondal
Rajkot, Gujarat, 360311
Phone: +91 8849506534
Email: cs@astronmultigrain.co.in
Website: http://www.astronmultigrain.co.in/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html