Astron Multigrain IPO Description – Incorporated in 2018, Astron Multigrain is a Gujarat-based food manufacturing company specializing in instant noodles, papad, and noodle-based snacks. Astron operates from its registered office and manufacturing unit at Gondal, Rajkot, Gujarat, with an installed production capacity of 5,110 MTPA. As of 31 October 2025, the company achieved capacity utilization of 43.16%.
Astron follows a dual business model: Contract Manufacturing, where it produces for clients such as Gokul Snacks, and own brand manufacturing, under the brand Astron’s Swagy Noodles. Its product portfolio includes Mast Masala Instant Noodles, papad, and noodle bhujiya (discontinued in FY 2024-25).
Revenue composition on 31 October 2025 was 70.67% from own-brand manufacturing and 29.33% from contract manufacturing. Product-wise, instant noodles contributed 89.98%, followed by papad at 9.48%. As of 31 October 2025, the company has 15 permanent employees.
Promoters of Astron Multigrain – Mr. Jenish Parshottambhai Khunt and Ms. Poonam Jenish Khoont
Table of Contents
Astron Multigrain Offer Details
| Astron Multigrain IPO Dates | 1 – 3 December 2025 |
| Astron Multigrain Issue Price | INR 63 per share |
| Fresh Issue | 23,40,000 shares (INR 14.74 crore) |
| Offer For Sale | 5,80,000 shares (INR 3.65 crore) |
| Total IPO Size | 29,20,000 shares (INR 18.40 crore) |
| Minimum Bid | 4,000 shares (INR 2,52,000) |
| Lot Size | 2,000 shares (INR 1,26,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
Astron Multigrain Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 7M FY 2025 | |
| Revenue | 19.49 | 25.90 | 33.91 | 23.58 |
| Expenses | 17.98 | 23.94 | 30.83 | 20.73 |
| Net income | 1.24 | 1.98 | 2.31 | 2.11 |
Astron Multigrain Offer News
- Astron Multigrain RHP
- Astron Multigrain Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Astron Multigrain Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 2.34 | 3.25 | 3.69 |
| PE ratio | – | – | 17.07 |
| RONW (%) | 32.46 | 24.18 | 21.95 |
| NAV | 7.21 | 13.45 | 16.79 |
| ROCE (%) | 20.32 | 19.36 | 23.73 |
| EBITDA (%) | 13.41 | 11.99 | 11.98 |
| Debt/Equity | 1.75 | 0.61 | 0.41 |
Astron Multigrain IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 4 December 2025 | 3 | 3,700 |
| 3 December 2025 | 5 | 7,000 |
| 2 December 2025 | 11 | 17,500 |
| 1 December 2025 | 6 | 7,300 |
Astron Multigrain IPO Subscription – Live Updates
| Category | NII | Individual | Total |
|---|---|---|---|
| Shares Offered | 13,88,000 | 13,84,000 | 27,72,000 |
| 3 Dec 2025 | 0.60 | 1.95 | 1.27 |
| 2 Dec 2025 | 0.39 | 1.53 | 0.96 |
| 1 Dec 2025 | 0.32 | 1.14 | 0.73 |
The market maker reservation portion of 1,48,000 shares is not included in the above calculations.
Astron Multigrain IPO Allotment Status
Astron Multigrain IPO allotment status is now available on the Bigshare Services website. Click on this link to get the allotment status.
Astron Multigrain IPO Dates & Listing Performance
| IPO Opening Date | 1 December 2025 |
| IPO Closing Date | 3 December 2025 |
| Finalization of Basis of Allotment | 4 December 2025 |
| Initiation of refunds | 5 December 2025 |
| Transfer of shares to demat accounts | 5 December 2025 |
| IPO Listing Date | 8 December 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Astron Multigrain Offer Lead Manager
FINAAX CAPITAL ADVISORS PRIVATE LIMITED
B-401, The First, B/s Keshavbaug Party Plot,
I I M, Ahmedabad-380015
Phone: +91 94295 50695
Email: [email protected]
Website: www.finaaxcapital.com
Astron Multigrain Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri East, Mumbai- 400093
Tel: 022 – 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
Astron Multigrain Contact Details
ASTRON MULTIGRAIN LIMITED
Plot No. 17 to 21, Near Ram Hotel, Chordi,
Gondal, Rajkot, Gujarat-360311
Phone: +91 8849506534
E-mail: [email protected]
Website: www.astronmultigrain.co.in
IPO FAQs
What is the Astron Multigrain offer size?
Astron Multigrain offer size is INR 18.40 crores.
What is the Astron Multigrain offer price band?
Astron Multigrain public offer price is INR 63 per share.
What is the lot size of the Astron Multigrain IPO?
Astron Multigrain offer lot size is 2,000 shares.
What is the Astron Multigrain IPO GMP today?
Astron Multigrain IPO GMP today is INR 3 per share.
What is the Astron Multigrain IPO Subject to Sauda rate today?
Astron Multigrain Subject to Sauda rate today is INR 3,700 per application.