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Astron Multigrain Limited, established in 2018, is a manufacturer of instant noodles, noodle bhujiya, and papad. The company operates on a contract manufacturing basis for clients like Gokul Snacks Private Limited and also sells products under its own brand, 'Astron's Swagy Noodles'. Its primary product is instant noodles in a 'Mast Masala' flavor, targeting a wide consumer base including students, working professionals, and various household income levels. The company's manufacturing facility, located in Rajkot, Gujarat, is FSSAI licensed and ISO 22000-2018 certified, underscoring its commitment to quality.
Dec 01, 2025
Dec 03, 2025
Dec 08, 2025
SME
Closed
18.4 Cr
14.74 Cr
3.65 Cr
₹63 - ₹63
2000
The net proceeds from the fresh issue will be utilized by Astron Multigrain Limited for the following objects:
Funding capital expenditure of ₹4.46 crores towards the purchase of new machinery to expand the installed manufacturing capacity.
Allocating ₹5.65 crores to meet the company's growing working capital requirements.
Utilizing ₹2.14 crores for general corporate purposes, which includes funding operational expenses and strengthening business development capabilities.
3.75
2.11
24.66%
23.73%
21.95%
—
6.8%
11.98%
3.75
Experienced promoters and management team with over 5-7 years of expertise in the Ready-to-Eat food industry.
Competitive pricing strategy targeting a broad consumer base, supported by large-scale production and automation.
Established brand name 'Astron Swagy' fostering consumer loyalty through consistent quality and taste.
Stringent quality compliance with FSSAI, HACCP, and ISO 22000:2018 certifications ensuring product safety and standards.
Limited product differentiation with the instant noodle portfolio currently consisting of only a single flavor.
High concentration of revenue, with the top 10 customers accounting for a significant portion of sales.
Dependence on a limited number of suppliers for raw materials, posing a risk to the supply chain.
Significant geographical concentration of sales, with a majority of revenue generated from Gujarat.
Expanding the product portfolio by introducing new flavors to cater to diverse and evolving consumer preferences.
Capitalizing on the growing Indian instant noodles market, which is projected to grow at a strong CAGR.
Leveraging the rising demand for convenient and ready-to-eat food products driven by urbanization and changing lifestyles.
Utilizing government initiatives and schemes like PLISFPI that support the food processing industry.
Intense competition from well-established domestic and international players in the instant noodles market.
Volatility in the prices of key raw materials like wheat flour and palm oil, which could impact profit margins.
Potential changes in food safety regulations and increasing health consciousness among consumers.
Economic downturns or disruptions in the supply chain could adversely affect business operations and consumer demand.
Astron Multigrain Limited, established in 2018, is a manufacturer of instant noodles, noodle bhujiya, and papad. The company operates on a contract manufacturing basis for clients like Gokul Snacks Private Limited and also sells products under its own brand, 'Astron's Swagy Noodles'. Its primary product is instant noodles in a 'Mast Masala' flavor, targeting a wide consumer base including students, working professionals, and various household income levels. The company's manufacturing facility, located in Rajkot, Gujarat, is FSSAI licensed and ISO 22000-2018 certified, underscoring its commitment to quality.
The Astron Multigrain Ltd. IPO is scheduled to open for subscription on Dec 01, 2025 and close on Dec 03, 2025. Investors can apply for shares during this period through eligible platforms.
The price band for the Astron Multigrain Ltd. IPO is ₹63 to ₹63. Investors can place bids within this range once the issue opens.
The minimum lot size for the Astron Multigrain Ltd. IPO is 2000 shares. The minimum investment amount ₹1,26,000.
The total issue size of the Astron Multigrain Ltd. IPO is approximately ₹18.40. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Astron Multigrain Ltd. IPO has been subscribed 0.91 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Astron Multigrain Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Astron Multigrain Ltd. are expected to list on stock exchanges on Dec 08, 2025, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Astron Multigrain Ltd. IPO are proposed to be used for The net proceeds from the fresh issue will be utilized by Astron Multigrain Limited for the following objects:, Funding capital expenditure of ₹4.46 crores towards the purchase of new machinery to expand the installed manufacturing capacity., Allocating ₹5.65 crores to meet the company's growing working capital requirements., Utilizing ₹2.14 crores for general corporate purposes, which includes funding operational expenses and strengthening business development capabilities.
Before applying for the Astron Multigrain Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
