Astonea Labs Ltd. is engaged in contract manufacturing of pharmaceutical and cosmetic products for companies both within India and internationally.
The company manufactures and markets a variety of pharmaceutical and cosmetic products, including antibiotics, anti-cold medicines, antihistamines, and treatments for diabetes, heart, gynecological issues, infections, and more.
The company offers skin, tooth, and hair care products in forms like gels, creams, and serums, and also trades packaging and raw materials for pharmaceutical and cosmetic industries, meeting industry standards.
The company engages in contract manufacturing of pharmaceutical and cosmetic products, markets its own brands “Glow Up” and “Regero,” plans to launch “Avicel,” and exports to countries like Iraq and Yemen.
The Company’s Produts and Offerings:
- Products under our own brands: The company markets “Glow Up” skincare and “Regero” pharma products, offering diverse affordable solutions.
- Products under contract manufacturing: The company provides pharmaceutical and cosmetic products under contract manufacturing, primarily for domestic and export markets.
As of August 16, 2024, the company had 217 employees on payroll.
Astonea Labs IPO – Details
| IPO Opening Date | 27 May 2025 |
| IPO Closing Date | 29 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 27,90,000 Shares Worth ₹37.67 Crore Fresh Issue: 27,90,000 Shares Worth ₹37.67 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹128 – ₹135 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Astonea Labs IPO – Date Schedule
| IPO Open Date | 27 May 2025 |
| IPO Close Date | 29 May 2025 |
| Basis of Allotment | 30 May 2025 |
| Initiation of Refund | 02 June 2025 |
| Credit of Shares to Demat | 02 June 2025 |
| IPO Listing Date | 03 June 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2025 |
Astonea Labs IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,35,000 |
| Retail (Max) | 1 | 1000 | ₹1,35,000 |
| HNI (Min) | 2 | 2000 | ₹2,70,000 |
Competitive Strengths
- Experienced management and dedicated employee base.
- Scalable business model.
- Wide and diverse range of product offerings.
- Quality Service.
Company Promoters
- Ashish Gulati
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2022 | 30.17 | 29.59 | 0.24 | 29.52 |
| 31 March 2023 | 67.25 | 66.17 | 0.66 | 35.99 |
| 31 March 2024 | 80.28 | 75.18 | 3.80 | 42.40 |
| 31 December 2024 | 69.68 | 64.32 | 4.10 | 49.48 |
Key Performance Indicator
| 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 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.93 | 5.20 |
| P/E (x) | 27.36 | 25.94 |
Object Of The Issue
- Funding of expenses proposed to be incurred towards registration in Bolivia, South America.
- 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.
- Advertising, marketing, and brand building.
- Investment in procuring hardware and software.
- Funding of working capital requirements.
- General corporate purposes.
Astonea Labs IPO Promoter Holding
| Pre Issue Share Holding | 98.42% |
| Post Issue Share Holding | – |
Astonea Labs IPO Prospectus
Company Contact Information
| 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 Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: murali.m@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Astonea Labs IPO Lead Manager(s)
| 1. Oneview Corporate Advisors Pvt. Ltd. |
Astonea Labs IPO FAQs
| What is Astonea Labs IPO? Astonea Labs IPO is a SME IPO. The issue is priced at ₹128 to ₹135 per equity share. The IPO is to be listed on BSE SME. |
| When Astonea Labs IPO will open? The IPO is to open on 27 May 2025 for QIB, NII, and Retail Investors. |
| What is Astonea Labs IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Astonea Labs IPO? You can apply Astonea Labs IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Astonea Labs IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Astonea Labs IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Astonea Labs IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Astonea Labs IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Astonea Labs IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Astonea Labs IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Astonea Labs IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Astonea Labs IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Astonea Labs IPO Size? Astonea Labs IPO size is ₹37.67 Crore. |
| What is the Astonea Labs IPO Price Band? Astonea Labs IPO Price Band is ₹128 to ₹135. |
| What is Astonea Labs IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,35,000 amount while the maximum bid is 1000 Shares with ₹1,35,000. |
| What is the Astonea Labs IPO Allotment Date? Astonea Labs IPO allotment date is 30 May 2025. |
| What is the Astonea Labs IPO Listing Date? Astonea Labs IPO listing date is 03 June 2025. The IPO is to be listed on BSE SME. |
