
Fast-Moving Consumer Goods (FMCG) · BSE
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.
Price Band
₹63
Issue Size
₹18.40 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹63
at current GMP
Subscribed
1.27x
overall
Open
1 Dec 2025
Close
3 Dec 2025
Allotment
4 Dec 2025
Refund
5 Dec 2025
Demat Credit
6 Dec 2025
Listing
8 Dec 2025
Overall Subscription
1.27x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.61x
High Net-Worth
Retail (RII)
1.94x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,384,000 | 838,000 | 0.61x |
| RETAIL | 1,388,000 | 2,696,000 | 1.94x |
| Total | 2,772,000 | 3,534,000 | 1.27x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| NIB | — | 89 | 0.00x |
| RETAIL | 347 | 15 | 0.04x |
| HNIs (2-10L) | 231 | 1 | 0.00x |
| Total Applications | 578 | 105 | 0.18x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Astron Multigrain Limited is bringing an initial public offering (IPO) in the Fast-Moving Consumer Goods (FMCG) sector with an aggregate issue size of ₹18.4 Crores. The shares are offered at a price band of ₹63 to ₹63 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-12-03, the basis of allotment is scheduled to be finalized on 2025-12-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Currently, Astron Multigrain Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹63 to ₹63 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹63 per equity share.
The Astron Multigrain Limited IPO aggregate issue size is ₹18.4 Crores with an equity price band set at ₹63 to ₹63 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.27x (Retail: 1.94x, QIB: 0.00x, NII: 0.61x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-12-04. Investors can verify status using PAN card or application number.
Astron Multigrain Limited shares are scheduled to list on BSE on 2025-12-08.