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ASTRONMULTSME / BSEListed
Astron Multigrain

Astron Multigrain is engaged in manufacturing instant noodles, operating both as a contract manufacturer for Gokul Snacks Pvt. Ltd.—which sells the products under its own brand—and as a producer of its in-house brand “Astron’s Swagy Noodles,” currently available in the Mast Masala (Classic) flavor. The company also manufactures noodle bhujiya and papad. Its manufacturing facility, located in Gondal, Rajkot, Gujarat, has an installed capacity of 5,110 MTA and holds an FSSAI license under the Food Safety and Standards Act, 2006. Astron Multigrain sells primarily in the B2B segment across Gujarat, Madhya Pradesh, Maharashtra, and Bihar through super stockists, wholesalers, and retailers. In FY 2025, 79.82% of its revenue came from its own brand manufacturing, while 20.18% was generated through contract manufacturing.

₹63 - ₹631.27x sub
Listed Price₹50.40
Listing Gain-20.00%

IPO Schedule & Timeline

Fixed Price IPO
Open01 Dec 2025
Close03 Dec 2025
Allotment04 Dec 2025
Listing08 Dec 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,48,000 shares
5.07%
Nii (hni)13,84,000 shares
47.4%
Retail13,88,000 shares
47.53%

Minimum Application Lots

Retail2 Lots (4,000 shares)
₹2,52,000
sHNI3 Lots (6,000 shares)
₹3,78,000

Company Promoters

Mr. Jenish Parshottambhai KhuntMs. Poonam Jenish Khoont

Company Background

Astron Multigrain is engaged in manufacturing instant noodles, operating both as a contract manufacturer for Gokul Snacks Pvt. Ltd.—which sells the products under its own brand—and as a producer of its in-house brand “Astron’s Swagy Noodles,” currently available in the Mast Masala (Classic) flavor. The company also manufactures noodle bhujiya and papad. Its ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Oct-25)₹23.58 Cr
Growth+20.9%
Revenue Trend (₹ in Crores)
0.013.026.039.0Mar-23Mar-24Mar-25Oct-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Oct-2523.582.1127.553.42
Mar-2533.922.3121.794.28
Mar-2426.511.9817.715.02
Mar-2319.51.2414.836.7

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Oct-255.7918.28%18.85%014.95
Mar-253.6924.66%23.73%17.090
Mar-243.2533.00%19.36%00

Peer Comparison & Valuation

Financial Performance

Marico

NAV/Share (₹)36.92
RONW(%)32.35
EPS (Basic) (₹)11.91

Patanjali Foods

NAV/Share (₹)314.04
RONW(%)12.06
EPS (Basic) (₹)35.96

Hindustan Unilever

NAV/Share (₹)209.16
RONW(%)21.20
EPS (Basic) (₹)45.30

Astron Multigrain

NAV/Share (₹)16.79
RONW(%)21.95
EPS (Basic) (₹)3.69

Valuation

Marico

P/E(X)56.18
CMP* (₹)735.7
Face value (₹)1

Patanjali Foods

P/E(X)52.92
CMP* (₹)591.8
Face value (₹)2

Hindustan Unilever

P/E(X)55.96
CMP* (₹)2,582
Face value (₹)1

Astron Multigrain

P/E(X)17.09
CMP* (₹)0
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
04 Dec 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
08 Dec 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Astron Multigrain. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Dec 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Dec 2025Trading commences on exchange

How to Check Astron Multigrain Allotment Online

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3Enter Details

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Prospectus & Official Filings

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About Astron Multigrain IPO

Complete issue overview for Astron Multigrain (ASTRONMULT) IPO. The issue features an equity share price band of ₹63 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,26,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions