Support

Astron Multigrain Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Astron Multigrain Ltd IPO

Registered Office: Plot # 17 to 21 Chordi Taluka,Gondal Chordi , Rajkot - 360311 , Gujarat , India.
Phone : +91 88495 06534   Fax:
Email :  cs@astronmultigrain.co.in  
Website :  www.astronmultigrain.co.in
Initial public offer of 29,20,000 equity shares of face value of (Rs)10/- each (the "equity shares") of Astron Multigrain Limited ("the company" or "AML" or "the issuer") at price of (Rs)63/- per equity share for cash, aggregating to (Rs)18.40 crores comprising of fresh offer of 23,40,000 equity shares aggregating to (Rs)14.72 crores ("fresh offer") and an offer for sale of 5,80,000 equity shares by promoter ("selling shareholders") aggregating to (Rs)3.65 crores ("offer for sale") ("public offer"). The offer includes a reservation of 1,48,000 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)63/- per equity share for cash, aggregating (Rs)0.93 crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. net offer of up to 27,72,000 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)63/- per equity share for cash, aggregating up to (Rs)17.46 crores is herein after referred to as the "net offer". The public offer and net offer will constitute 33.95% and 33.23%, respectively of the post-offer paid-up equity share capital of the company. Price Band: (Rs)63/- for equity share of face value of (Rs)10 each. The floor price is 6.30 times times the face value times of the face value of the equity shares. Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Dec-25 03-Dec-25 (Rs)63.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 12.24
Finaax Capital Advisors Private Limited
Project Financed through Current Offer 18.40  
Post Issue Equity Share Capital 8.60  
Issue Price (Rs)63.00  
 
Projects
Funding Capital Expenditure towards purchase of machineryTo meet incremental working capital requirements
To Meet Working Capital RequirementsGeneral Corporate Expenses
Promoted By
Jenish Parshottambhai Khunt  
Poonam Jenish Khoont  
Jigna Mitesh Tilara  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd