IPO Synopsis
| Astron Multigrain Ltd |
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| Registered Office: Plot # 17 to 21 Chordi Taluka,Gondal Chordi,Rajkot-360311, Gujarat |
| Tel. No: +91 88495 06534 |
| Fax No: NA |
| 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 | |
| 01-Dec-2025 | 03-Dec-2025 | ₹63.00 - 0.00 | |
| Minimum Application for shares in Nos : 4000.0 | Further Multiples of :2000.0 |
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| (₹ 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 | 63.00 |
| Projects |
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| To meet incremental working capital requirements |
| General Corporate Expenses |
| Promoted By |
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| Jenish Parshottambhai Khunt |
| Poonam Jenish Khoont |
| Jigna Mitesh Tilara |
| Listing At |
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| BSE - SME |
| Registrar To The Issue |
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