Astron Multigrain IPO
| DATE | GMP (GREY MARKET PREMIUM) | EXPECTED LISTING GAINS |
|---|---|---|
| 03-Dec-2025 | 0 | – |
| 02-Dec-2025 | 0 | – |
| 01-Dec-2025 | 11 | 22,000 |
Astron Multigrain IPO, a SME IPO of ₹17.46 Cr opens for subscription from December 1, 2025 to December 3, 2025. The IPO consists of ₹13.81 Cr fresh issue and ₹3.65 Cr offer for sale.
The face value of each share is 10, and the price band is set between 63.00 per share. The tentative listing date on the exchange (BSE SME) is December 8, 2025.
Astron Multigrain IPO offers total 29,20,000 shares. Out of which 13,84,000 (47.40%) allocated to NII 13,88,000 (47.53%) allocated to RII.
Astron Multigrain Private Limited was incorporated in August 2018 and is engaged in manufacturing instant noodles. Its instant noodles are available in one variant: Mast Masala (Classic flavor). The company also manufactures noodle bhujiya and papad. Instant noodles are pre-cooked noodles sold in dried blocks with flavoring powder and/or seasoning oil.
The instant aspect refers to the fact that they require only hot water to rehydrate and cook, significantly reducing preparation time compared to traditional noodles.
The manufacturing unit holds an FSSAI license under the Food Safety and Standards Act, 2006. To demonstrate its commitment to food safety, the organization has received ISO 22000:2018 certification for food safety management. Its products are sold to super stockists, who supply wholesalers, and these products are then distributed to retailers.
Astron Multigrain SME IPO Strengths
Experienced Promoters and Management Team.
Affordable Pricing .
Well established Brand Name .
Quality Compliance .
Widespread Sales and Distribution Network.
Cordial Relationship between Management and Labour
Astron Multigrain SME IPO Weakness
High customer concentration – depends on few major buyers.
Limited supplier base – supply disruption risk.
Geographic concentration – major revenue from one state.
Low product diversification – heavily dependent on instant noodles segment.
SME listing risk – low liquidity and high volatility post-listing.
Ongoing legal proceedings involving company/promoters.
Profitability can be hit by raw-material price fluctuations.
Expansion plans depend on proper use of IPO funds — execution risk.