IPO Synopsis

Astron Multigrain Ltd

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 Opens On Closes On 01-Dec-25 03-Dec-25 Money Payable On Application Allotment 63.00 0.00 Minimum Application for shares in Nos : 4000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 12.24 Finaax Capital Advisors Private Limited Project Financed through Current Offer (.Cr) 18.40   Post Issue Equity Share Capital (.Cr) 8.60 Issue Price () 63.00

Projects

To meet incremental working capital requirements General Corporate Expenses

Promoted By

Jenish Parshottambhai Khunt

Poonam Jenish Khoont

Jigna Mitesh Tilara

Listing At

BSE - SME

Registrar to the Issue

No Data Available