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(26/11/2025 19:20)

Astron Multigrain announces launch of initial public offering

Astron Multigrain Ltd. has announced public offering of 2920000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 53.00 per share. The gross proceeds of the issue are expected to be Rs 1,839.60 lakhs.

The company's initial public offer (IPO) will open on 01 December 2025 and is expected to close on 03 December 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 2920000 Equity Shares of the Company at an price of Rs 63.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Astron Multigrain Ltd. anticipates using the proceeds of the issue for .

Finaax Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.
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