IPO IPO-Synopsis
Astron Multigrain Ltd

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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 Rs10/- each (the "equity shares") of Astron Multigrain Limited ("the company" or "AML" or "the issuer") at price of Rs63/- per equity share for cash, aggregating to Rs18.40 crores comprising of fresh offer of 23,40,000 equity shares aggregating to Rs14.72 crores ("fresh offer") and an offer for sale of 5,80,000 equity shares by promoter ("selling shareholders") aggregating to Rs3.65 crores ("offer for sale") ("public offer"). The offer includes a reservation of 1,48,000 equity shares of face value of Rs10/- each, at an offer price of Rs63/- per equity share for cash, aggregating Rs0.93 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 Rs10/- each, at an offer price of Rs63/- per equity share for cash, aggregating up to Rs17.46 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: Rs63/- for equity share of face value of Rs10 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 Rs63.00-0.00 Rs0.00-0.00
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 Rs63.00  
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