Latest IPO in India: Astonea Labs Ltd IPO – Strong Growth Story with ₹135 Price Band
Astonea Labs Ltd is set to launch its Initial Public Offering (IPO) on May 27, 2025, positioning itself as the latest IPO in India. This article provides comprehensive IPO details, including the IPO price band, IPO subscription status, and other key information for investors.
Company Overview
Incorporated in 2017, Astonea Labs Ltd is a pharmaceutical and cosmetic contract manufacturing company based in Haryana. The company produces a variety of health and skincare products and markets its own brands such as Glow Up, Regero, and Avicel. It also exports to countries including Iraq and Yemen.
IPO Timeline
- IPO Open Date: May 27, 2025
- IPO Close Date: May 29, 2025
- Allotment Finalization: May 30, 2025
- Refund Initiation: June 2, 2025
- Demat Credit: June 2, 2025
- Listing Date: June 3, 2025
Price Band
Price Range: ₹128 to ₹135 per share
Face Value: ₹10 per share
Lot Size
- Minimum Lot Size: 1,000 shares
- Minimum Investment: ₹1,28,000
- Retail Investors: 1 lot (1,000 shares)
- HNIs: Minimum 2 lots (2,000 shares)
Key Dates
- IPO Open Date: May 27, 2025
- IPO Close Date: May 29, 2025
- Allotment Finalization: May 30, 2025
- Refund Initiation: June 2, 2025
- Demat Credit: June 2, 2025
- Listing Date: June 3, 2025
Financials
| Particulars | FY 2022-23 (₹ Cr) | FY 2023-24 (₹ Cr) |
|---|---|---|
| Revenue | 67.26 | 80.29 |
| Profit After Tax (PAT) | 0.67 | 3.81 |
| Reserves & Surplus | 4.16 | 4.37 |
| Total Borrowings | 35.99 | 42.40 |
Strengths
- Certified by WHO-GMP, ISO, CE, PETA, HALAL, ECO CERT
- Diverse pharmaceutical and cosmetic portfolio
- Strong in-house formulation capabilities
- International exports, including to Iraq and Yemen
Risks
- Highly competitive industry landscape
- Regulatory compliance challenges
- Dependence on third-party contracts
- Risk of raw material supply chain disruptions
IPO Anchor Investors Details
| Investor Category | Shares Offered | Percentage (%) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 5,30,000 | 19.00% |
| Non-Institutional Investors (NII) | 3,99,000 | 14.30% |
| Retail Individual Investors (RII) | 9,27,000 | 33.23% |
| Anchor Investors | 7,90,000 | 28.32% |
| Market Makers | 1,44,000 | 5.16% |
IPO Promoter Holding Details
| Shareholding Status | Percentage (%) |
|---|---|
| Pre-Issue | 98.42% |
| Post-Issue | Data Not Available |
IPO Grey Market Premium (GMP)
| Date | GMP (₹) |
|---|---|
| May 25, 2025 | 0 |
Note: As of May 25, 2025, there is no available GMP for Astonea Labs Ltd IPO.
Final Thoughts
The Astonea Labs IPO provides a chance to invest in a company with diversified revenue streams and solid certifications. While growth potential is evident, investors must consider competitive and regulatory risks. A well-informed approach is advised.