IPO Details

Astron Multigrain Ltd
Registered Office: Plot # 17 to 21 Chordi Taluka,Gondal Chordi,Rajkot-360311, Gujarat
Tel. No: +91 88495 06534
Fax No:
Email: cs@swagynoodles.com
Website: www.swagynoodles.com
Initial public issue of 24,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Astron Multigrain Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 52.00/- per equity share (including a share premium of Rs. 42.00 per equity share) ("Issue Price") aggregating to Rs. 12.69 crores ("The Issue"), out of which 1,24,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 52.00/- per equity share, aggregating to Rs. 0.68 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 23,16,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 52.00/- per equity share aggregating to Rs. 12.04 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 28.05 % and 26.62 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 52.00 is 5.2 times of the face value.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
01-Jan-1970	01-Jan-1970	₹52.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 2000	Further Multiples of : 2000

	(₹ Cr)	Lead Managers to the Issue
Project Cost	12.29	Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer	12.69
Post Issue Equity Share Capital	8.70
Issue Price	52.00

Projects
Purchase of Machinery at its existing Manufacturing Unit
Repayment og certain Borrowings
To meet incremental working capital requirements
General Corporate Expenses

Promoted By
Jenishbhai Parsottambhai Khoon
Poonam Jenishbhai Khoont

Listing At
NSE - SME

Registrar To The Issue
Bigshare Services Pvt Ltd