
Astonea Labs IPO
IPO Details
-
Open Date
27 May 2025
-
Close Date
29 May 2025
-
Listing Date
03 Jun 2025
- IPO Price Range
₹ 128 to ₹135
- IPO Size
₹ 37.67 Cr
- Listing Exchange
BSE SME
IPO Timeline
Astonea Labs IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
27-May-25 | 0.00 | 0.65 | 0.35 | 0.22 |
28-May-25 | 0.11 | 2.28 | 0.68 | 0.64 |
29-May-25 | 0.70 | 5.60 | 1.69 | 1.79 |
Last Updated: 29 May 2025 6:53 PM by 5paisa
Astonea Labs Ltd is launching a ₹37.67 crore IPO. The company specializes in contract manufacturing of pharmaceutical and cosmetic products for domestic and international markets. Its portfolio includes antibiotics, anti-cold medicines, and skincare, haircare, and dental products under brands like "Glow Up" and "Regero," with "Avicel" upcoming. Astonea also trades in packaging and raw materials, adhering to industry standards, and exports to countries like Iraq and Yemen.
Established in: 2017
Managing Director: Mr. Ashish Gulati
Peers
Beta Drugs Limited
Objectives
Registration expenses in Bolivia, South America
Purchase and installation plant & machinery for export-quality ointment production (2nd floor, existing premises)
Advertising, marketing & brand building
Hardware and software procurement
Working capital funding
General corporate purposes
Astonea Labs IPO Size
Types | Size |
---|---|
Total IPO Size | ₹37.67 Cr. |
Offer For Sale | - |
Fresh Issue | ₹37.67 Cr. |
Astonea Labs IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1000 | 128,000 |
Retail (Max) | 1 | 1000 | 128,000 |
HNI (Min) | 2 | 2000 | 256,000 |
Astonea Labs IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 0.70 | 13,20,000 | 9,27,000 | 12.515 |
NII (HNI) | 5.60 | 3,99,000 | 22,33,000 | 30.146 |
Retail | 1.69 | 9,27,000 | 15,67,000 | 21.155 |
Total** | 1.79 | 26,46,000 | 47,27,000 | 63.815 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 30.17 | 67.26 | 80.29 |
EBITDA | 5.65 | 7.05 | 11.71 |
PAT | 0.25 | 0.67 | 3.81 |
Particulars (in Rs. Crores)] | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 52.91 | 64.28 | 80.89 |
Share Capital | 4.00 | 4.00 | 7.60 |
Total Borrowings | 29.52 | 35.99 | 42.40 |
Particulars (in Rs. Crores | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | -4.93 | -1.05 | 4.05 |
Net Cash Generated From / (used in) investing activities | -3.31 | -3.08 | -7.18 |
Net Cash Generated From / (used in) financing activities | 8.17 | 4.14 | 3.45 |
Net Increase (Decrease) In Cash And Cash Equivalents | -0.07 | 0.01 | 0.32 |
Strengths
1.Strong marketing and distribution network supporting domestic and export operations.
2. Experienced management team with deep industry knowledge.
3. Diverse and expanding product portfolio across pharma and cosmetics.
4. High-quality, innovative products offering a competitive edge in niche segments.
Weaknesses
1. Need for substantial funding to scale operations nationally.
2. Limited market share and presence in select segments.
3. Dependence on industry trends and external competition.
4. Exposure to pricing pressures from established global and local players.
Opportunities
1. Rising consumer preference for innovative and effective formulations.
2. Expanding demand in emerging markets and increased export potential.
3. Growing e-commerce channels enabling broader market penetration.
4. Increasing awareness around personal care and wellness driving demand.
Threats
1. Regulatory changes and shifting government policies.
2. Volatility in raw material prices affecting margins.
3. Evolving consumer preferences and demand patterns.
4. Competitive intensity and frequent market entries and exits.
1. Astonea Labs has shown strong financial growth, with revenue rising from ₹30.17 Cr in FY22 to ₹80.29 Cr in FY24.
2. The company operates in fast-growing pharma and cosmetics sectors with strong industry tailwinds.
3. Its experienced leadership and broad product range position it well for long-term scalability.
4. IPO funds will support manufacturing expansion, brand building, and export growth, boosting competitiveness.
1. India’s pharma and CMO sectors are growing rapidly, driven by global demand and cost efficiency.
2. The cosmetics market is expanding steadily, fueled by rising incomes and personal care awareness.
3. Astonea Labs is well-placed with its diverse portfolio and expertise in contract manufacturing.
4. IPO funding will support capacity expansion, brand growth, and international market reach.
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FAQs
Astonea Labs IPO opens from 27 May 2025 to 29 May 2025.
The size of Astonea Labs IPO is ₹37.67 Cr.
The price of Astonea Labs IPO is fixed at ₹128 to ₹135 per share.
To apply for Astonea Labs IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Astonea Labs IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Astonea Labs IPO is 1,000 shares and the investment required is ₹128,000.
The share allotment date of Astonea Labs IPO is 30 May 2025
The Astonea Labs IPO will likely be listed on 3 June 2025.
Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager for Astonea Labs IPO.
Astonea Labs plans to utilise the raised capital from the IPO for:
- Registration expenses in Bolivia, South America
- Purchase and installation plant & machinery for export-quality ointment production (2nd floor, existing premises)
- Advertising, marketing & brand building
- Hardware and software procurement
- Working capital funding
- General corporate purposes
Contact Information
Astonea Labs
Astonea Labs Ltd
House No. 1358,
1st Floor,
Sector-22B,
Phone: +91 9888302323
Email: cs@astonea.org
Website: https://www.astonea.org/
Astonea Labs IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: murali.m@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Astonea Labs IPO Lead Manager
Oneview Corporate Advisors Pvt. Ltd