IPO Schedule
1
Open
1 Dec
2
Close
3 Dec
3
Allotment
4 Dec
4
Listing
8 Dec
Astron Multigrain Ltd IPO
Issue:₹63
List:₹50.4
CMP:₹18
NSELot: 2000FMCG
LISTEDSME
Issue Price₹63
Listing₹50.4
Current₹18
Content
About Astron Multigrain Ltd
Astron Multigrain Ltd is an SME focused on the manufacturing and processing of multigrain products. They cater to the growing demand for healthy and convenient food options in the market.
Subscription Status
QIB
0.00x
NII
0.32x
Retail
1.10x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 0.00x | 0.00x | 0.00x |
| NII | 0.50x | 0.28x | 0.32x |
| Retail | 1.94x | 1.53x | 1.10x |
| Total | 1.22x | 0.91x | 0.71x |
GMP History
| Date | GMP | Est. Listing |
|---|---|---|
| 2 Dec 2025 | +₹0 | ₹63 |
| 28 Nov 2025 | +₹17 | ₹80 |
Risk Factors
•SME IPOs are generally associated with higher risk due to smaller company size and limited operating history.
•Fluctuations in raw material prices (grains) can impact profitability.
•Competition from larger, established players in the food processing industry.
Promoters & Management
The key management personnel of Astron Multigrain Limited are: * Mr. Jenish Parshottambhai Khunt (Chairman and Managing Director): Has over 7 years of experience in the Ready to Eat Food Industry. * Ms. Poonam Jenish Khoont (Non-Executive Director): Has over 5 years of experience in the Ready to Eat Food Industry. * Mr. Hardik Dilipbhai Gondaliya (Chief Financial Officer): Has over 6 years of experience in Finance and Accounting. * Ms. Shivani Garg (Company Secretary and Compliance Officer): Has over 7 years of experience in secretarial, corporate and compliance matters. The Board of Directors comprises Mr. Jenish Parshottambhai Khunt, Ms. Poonam Jenish Khoont, Drashti Laxmikant Solanki (Independent Director), and Siddharth P Gajra (Independent Director).