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HomeIPOAstron Multigrain

About Astron Multigrain

Incorporated in, Astron Multigrain manufactures instant noodles. It produces noodles on a contract basis for Gokul Snacks Pvt. Ltd., who sells them under their own brand. The company also sell under own brand “Astron’s Swagy Noodles”, currently available in Mast Masala (Classic Flavour).Business Model:Contract Manufacturing: Under this, everything is done by the company-from ingredient and raw material procurement to handling and packaging-but products are sold by clients under their brand.Own Brand Manufacturing: It manufactures and sells products under its own brand name in this vertical.Apart from noodles, it also makes noodle bhujiya and papad.Manufacturing Facility: Gondal, Rajkot, Gujarat, with an installed capacity of 5110 MTA. The facility is accredited with FSSAI license under Food Safety and Standards Act, 2006.Customer and market presence: The company is selling its products in the teh B2B segment, majorly within the states of Gujarat, Madhya Pradesh, Maharashtra, and Bihar. The products are sold to Super Stockiest who then supplies to the wholesalers and further distributes among retailers. Segment-wise revenue comprises 79.82% of total revenues derived from own brand manufacturing and 20.18% derived from contract manufacturing in FY 25.

Checklist Quality Analysis

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Astron Multigrain

Astron Multigrain

Open Date

01 Dec 2025

Close Date

03 Dec 2025

listed

Min Investment

₹252000

Lot Size

4000 Shares

Issue Size

₹18.4 Cr

Price Range

₹63 - ₹63

Listing Date

Dec 8, 2025

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Astron Multigrain IPO - Issue Objectives

The company will use up to ₹5.65 crore to meet the working capital requirements. The company will use up to ₹4.45 crore for purchase of machinery. The company will use ₹2.13 crore for general corporate purposes.

Working capital

38.3%

Capital expenditure

30.2%

General corporate purposes

31.4%

1

Working capital

The company will use up to ₹5.65 crore to meet the working capital requirements.

38.30%
2

Capital expenditure

The company will use up to ₹4.45 crore for purchase of machinery.

30.20%
3

General corporate purposes

The company will use ₹2.13 crore for general corporate purposes.

31.40%

IPO Subscription Status

NII
0.61x
Total
1.27x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Astron Multigrain

In Cr.

Key Performance Indicator31-Oct-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue23.5833.9226.5119.50
EBITDA3.354.063.112.61
Expenses
Profit After Tax2.112.311.981.24
Assets27.5521.7917.7114.83
Net Worth12.6210.518.203.82
Reserves6.364.251.941.17
Borrowing3.424.285.026.70

Astron Multigrain - Promoter(s)

Mr. Jenish Parshottambhai Khunt

Ms. Poonam Jenish Khoont

Pre Issue Share Holding

99.99%

Post Issue Share Holding

66.05%

Contact Details

Astron Multigrain

Plot No. 17 To 21, Near Ram Hotel, Chordi, Gondal Rajkot, Gujarat, 360311

+918849506534
cs@astronmultigrain.co.in
http://www.astronmultigrain.co.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/ipo_status.html

Astron Multigrain IPO - FAQs

Astron Multigrain IPO is a SME IPO. The issue is priced at ₹63 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on 1 Dec, and closes on 3 Dec. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-11-28
  • Bidding Starts2025-12-01
  • Bidding Ends2025-12-03
  • Allotment Finalisation2025-12-04
  • Release of Funds2025-12-05
  • Demat Transfer2025-12-05
  • Listing2025-12-08