Astonea Labs IPO is scheduled to open on May 27, 2025, and will close on May 29, 2025. The allotment is expected to be finalized on May 30, 2025, and the shares will be listed on the BSE SME platform on June 3, 2025.
The company plans to raise approximately ₹37.67 crores through this book building issue, consisting entirely of a fresh issue of around 27.90 lakh shares with a face value of ₹10 each.
The IPO price band is fixed between ₹128 and ₹135 per share. The retail investors quota is set at 35%, qualified institutional buyers (QIB) at 50%, and high net-worth individuals (HNI) at 15%. Investors are advised to apply for the IPO with a long-term perspective given the company’s financial performance.
Incorporated in 2017, Astonea Labs Ltd. is a contract manufacturer specializing in pharmaceutical and cosmetic products for both domestic and international clients. The company produces a wide range of medicines including antibiotics, anti-cold drugs, antihistamines, and treatments for diabetes, heart conditions, gynecological problems, and infections. Alongside pharmaceuticals, Astonea Labs also offers skin, hair, and dental care products such as creams, gels, and serums. The company is involved in trading packaging materials and raw materials that meet industry standards for pharmaceutical and cosmetic manufacturing.
Astonea Labs markets its own brands like “Glow Up” for skincare and “Regero” for pharmaceutical products, with plans to launch a new brand named “Avicel.” Their products are also exported to countries including Iraq and Yemen. The company follows a scalable business model supported by experienced management and a dedicated workforce, with 217 employees as of August 2024. Known for its wide product range and commitment to quality service, Astonea Labs continues to grow steadily in both the contract manufacturing and branded product segments.
Overview of Contents
Astonea Labs IPO Overview
| Detail | Information |
|---|---|
| Listing Exchange | BSE SME |
| IPO Type | Bookbuilding Issue |
| Face Value | ₹10 per share |
| Price Band | ₹128 to ₹135 per share |
| Total Issue Size | 27,90,000 shares (₹37.67 Crores approx.) |
| Fresh Issue | 27,90,000 shares (₹37.67 Crores approx.) |
| Lot Size | 1,000 shares |
| Pre-Issue Shareholding | 77,21,000 shares |
| Post-Issue Shareholding | 1,05,11,000 shares |
| Retail Investor Quota | Up to 35% |
| Qualified Institutional Buyers Quota (QIB) | Up to 50% |
| Non-Institutional Investors Quota (NII) | Up to 15% |
| Market Maker Portion | 1,44,000 shares |
Astonea Labs IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Astonea Labs IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | May 27, 2025 (Tuesday) |
| IPO Close Date | May 29, 2025 (Thursday) |
| Basis of Allotment | May 30, 2025 (Friday) |
| Refunds Initiation | June 2, 2025 (Monday) |
| Credit to Demat Account | June 2, 2025 (Monday) |
| IPO Listing Date | June 3, 2025 (Tuesday) |
Astonea Labs IPO GMP
The grey market premium (GMP) of Astonea Labs IPO shows how much demand is there for the shares before listing. GMP gives an idea of how the IPO might perform on the listing day. Please note that GMP keeps changing daily based on market mood and demand. Investors should not fully depend on GMP and should check company fundamentals before investing.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
|---|---|---|---|---|
| 28 May | ₹- | – | ₹- | ₹- |
| 27 May | ₹- | – | ₹- | ₹- |
| 26 May | ₹- | – | ₹- | ₹- |
| 24 May | ₹- | – | ₹- | ₹- |
| 23 May | ₹- | – | ₹- | ₹- |
| 22 May | ₹- | – | ₹- | ₹- |
| 21 May | ₹- | – | ₹- | ₹- |
Astonea Labs IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,35,000 |
| Retail Maximum | 1 | 1000 | ₹1,35,000 |
| S-HNI Minimum | 2 | 2000 | ₹2,70,000 |
Objects of the Issue
- Registration of products in Bolivia (South America)
- Purchase & setup of export-grade ointment machinery
- Branding, advertising & promotional activities
- Investment in hardware and software systems
- Funding day-to-day working capital needs
- General corporate purposes
Astonea Labs IPO Promoter Holding
| Share Holding Pre Issue | 98.42% |
| Share Holding Post Issue |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Beta Drugs limited | 37.9 | 49.00 | 23.19% | 163.43 | 297.07 Cr. |
Astonea Labs IPO Financial Performance
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Revenue | 69.69 | 80.29 | 67.26 | 30.17 |
| Profit After Tax | 4.10 | 3.81 | 0.67 | 0.25 |
| Assets | 96.52 | 80.89 | 64.28 | 52.91 |
| Net Worth | 17.28 | 11.97 | 8.16 | 7.49 |
| Reserves & Surplus | 9.56 | 4.37 | 4.16 | 3.49 |
| Total Borrowings | 49.48 | 42.40 | 35.99 | 29.52 |
Astonea Labs IPO Valuation Overview – FY2024
Astonea Labs shows strong financial performance in FY2024 with healthy margins and returns. Below are the key valuation metrics for investors evaluating the IPO.
| Key Metric | Value |
|---|---|
| Earning Per Share (EPS) | ₹5.01 (Basic) |
| Return on Net Worth (RoNW) | 31.83% |
| Return on Equity (ROE) | 37.86% |
| Net Asset Value (NAV) | ₹15.75 |
| Price/Earning (P/E) Ratio | N/A |
| Debt to Equity Ratio | 2.16 |
| EBITDA Margin | 14.60% |
| Profit After Tax (PAT) Margin | 4.75% |
Astonea Labs IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Oneview Corporate Advisors Pvt. Ltd.
Company Address
Astonea Labs Ltd
House No. 1358,
1st Floor,
Sector-22B,
Phone: +91 9888302323
Email: [email protected]
Website: https://www.astonea.org/
Astonea Labs IPO FAQs
What are the Astonea Labs IPO open and close dates?
The IPO opens on Monday, May 27, 2025, and closes on Wednesday, May 29, 2025.
What is the price band and lot size for Astonea Labs IPO?
The price band is ₹128 to ₹135 per share. The minimum application is 1 lot (1,000 shares), requiring a retail investment of up to ₹1,35,000.
How much does Astonea Labs aim to raise through the IPO?
The total issue size is approximately ₹37.67 crores, entirely a fresh issue of 27.90 lakh equity shares.
What is the listing date and where will it list?
Astonea Labs IPO is expected to list on the BSE SME platform on Tuesday, June 3, 2025.