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Subscription status of Astonea Labs IPO

Astonea Labs IPO
(Day 1)

Price Rs. 135 Lot 1000 shares, Rs. 40.50 Crore

QIB NII x RII x Total x Applications
         
Note:

Astonea Labs IPO Allotment Link: 

 

 

What is the business of Astonea Labs?

Astonea Labs Ltd. – Your Trusted Partner in Pharma and Personal Care Innovation

Incorporated in 2017, Astonea Labs Ltd. has rapidly emerged as a dynamic force in the contract manufacturing of pharmaceutical and cosmetic products, serving both Indian and international markets with precision, quality, and innovation.

From life-saving medications to everyday wellness and beauty essentials, Astonea Labs delivers a wide array of products tailored to meet modern healthcare and personal care needs. Its pharmaceutical range includes antibiotics, anti-cold formulations, antihistamines, and specialized treatments for diabetes, cardiac conditions, gynecological health, and infectious diseases.

On the cosmetic front, the company produces a variety of skin, dental, and hair care solutions, offered in consumer-friendly formats like creams, gels, and serums. In addition, Astonea trades in raw materials and packaging supplies for the pharmaceutical and cosmetics sectors, adhering strictly to industry standards and regulatory compliance.

Astonea not only manufactures for others under contract but also markets its own growing portfolio of brands, including:

  • Glow Up – A skincare brand focused on affordable, effective beauty and skin health solutions.

  • Regero – A pharma line offering reliable, quality-assured medications.

  • Avicel – A new brand poised to launch, expanding the company’s footprint in personal care.

With an expanding global presence, Astonea Labs exports to countries such as Iraq and Yemen, reinforcing its position as a trusted partner across borders.

Get more information about the company @ https://www.astonea.org/

Astonea Labs IPO Details

IPO opens on  27 May 2025
IPO closes on  29 May 2025
Issue Type Book Built Issue IPO
Issue Size 2790000 Shares /
Rs 37.67 Crore
* Fresh Issue 2790000 Shares /
Rs 37.67 Crore
* Offer for Sale –  
Market Maker Portion 144000 Shares
Net offer to Public 2646000 Shares/
Rs 35.72 Crore
Face Value per share Rs. 10
Price Band Rs. 128-135
Employee discount  Rs. 0 per share
Retail Lot Size  1000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 1323000 17.86
HNI (15%)   396900   5.36
RII  (35%)   926100 12.50
Total Shares  2646000 35.72
Retail portion will be
oversubscribed by 
926
Forms
How much Shares to Apply in this IPO?
Min Retail Application 1000 Shares Rs.135000
Min HNI Application  2000 Shares Rs. 270000

Who are the Promoters of Astonea Labs?

Ashish Gulati is the promoter of the company.

What are the Objects of Astonea Labs IPO?

1)Funding of expenses proposed to be incurred towards registration in Bolivia, South America
2)Purchase and installation of plant and machineries for ointment production for the purpose of export in accordance with the international standards and protocols, on the 2nd floor of the Existing Premises
3) Advertising, marketing and brand building
4) nvestment in procuring hardware and software
5) Funding of working capital requirements
6) General corporate purposes

Tentative timetable

IPO opens on 27 May 2025
IPO Closes on 29 May 2025
IPO Allotment on  30 May 2025
Refund Initiation  2 June 2025
Credit of Shares 2 June 2025
Listing on 3 June 2025
Registered Office of the Company
Astonea Labs Ltd
SCO 186-187, 2nd Floor,
Cabin No. 206,
SECTOR 8 C, Sector 8,
Chandigarh 160009, India
The Lead Manager of this IPO
Overview Corporate Advisors Pvt. Ltd

Who is the Registrar to IPO?

Kfin Technologis ltd

Astonea Labs IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Astonea Labs Financials

Period Ended

31-Dec-24 31-Mar-24 31-Mar-23 31-Mar-22
Assets 96.52 80.89 64.28 52.91
Revenue 69.69 80.29 67.26 30.17
Profit After Tax 4.1 3.81 0.67 0.25
Net Worth 17.28 11.97 8.16 7.49
Reserves and Surplus 9.56 4.37 4.16 3.49
Total Borrowing 49.48 42.4 35.99 29.52
Amount in Rs Crore

Performance Indicators

KPI Values
ROE 37.86%
ROCE 22.95%
Debt/Equity 2.16
RoNW 31.83%
PAT Margin 4.75
Price to Book Value 8.57
EPS Rs. 4.93
PE Ratio 27.36

 

How Astonea Labs IPO compares with the Peers?

Company Name P/E (x) P/BV Ratio
Astonea Labs 27.36 9
Beta Drugs  49 11.39

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Astonea Labs IPO Review by Paresh Gordhandas, CA & Research Analyst.

+ from fundamental angle: 

+ from grey market angle: 

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