Astron Multigrain Limited IPO Details

SME

Astron Multigrain IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

The Lead Managers for Astron Multigrain IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Finaax Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Astron Multigrain Limited DRHP.

Astron Multigrain IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
-
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Fixed Price Issue
Share holding pre issue
Share holding post issue
Total Issue Size
shares
Fresh Issue
shares
Offer for Sale
shares
DRHP Status
Filed with Exchange

Astron Multigrain IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Astron Multigrain IPO Reservation

Promoter Holding

Pre Issue:-
Post Issue:-

Documents

Astron Multigrain IPO Valuations

ROE:24.66%
ROCE:23.73%
DEBT/EQUITY:0.41
RONW:21.95%
PAT MARGIN:6.80%

Astron Multigrain Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets21.7917.7114.83
Total Income33.9226.5119.50
Profit After Tax2.311.981.24
EBITDA4.063.112.61
NET Worth10.518.203.82
Reserves and Surplus4.251.941.17
Total Borrowing4.285.026.70
Amount in ₹ Crore

About Astron Multigrain IPO

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: In this vertical, everything from ingredients and raw material procurement, handling, and packaging is done by the company but the client sells products under own brand.
  • Own Brand Manufacturing: In this vertical, it manufactures and sells products under the own brand name.

Apart from noodles, it also make 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.

Customers and market presence: The company markets and sells products in teh B2B segment, majorly in the states of Gujarat, Madhya Pradesh, Maharashtra and Bihar. The products are sold to Super Stockiest who supplies to the wholesalers and further distributed among retailers.

Segment-wise revenue: In FY 25, 79.82% of total revenue were derrived from own brand manufacturing and 20.18% derived from contract manufacturing.

Strength Of Astron Multigrain IPO

To be announced

Risk Of Astron Multigrain IPO

To be announced

Objectives Astron Multigrain IPO

1. Funding Capital Expenditure towards purchase of machinery

2. To Meet Working Capital Requirements

3. General Corporate Purposes

Company Contact Details

Astron Multigrain Ltd.
Plot No. 17 To 21, Near Ram Hotel,
Chordi, Gondal
Rajkot, Gujarat, 360311
Phone: +91 8849506534
Email: cs@astronmultigrain.co.in
Website: http://www.astronmultigrain.co.in/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Comments