Astonea Labs came to market through an SME IPO that opened on 27 May 2025 and closed on 29 May 2025, and the shares listed on 3 June 2025 on BSE SME. The price band was ₹128 to ₹135 per share and one lot was 1000 shares, so the minimum application was ₹1,35,000. The issue size was ₹37.67 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Limited was the registrar to the issue, and Oneview Corporate Advisors Pvt. Ltd was the lead manager.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Established in 2017, Astonea Labs Ltd. is involved in contract manufacturing of pharmaceutical and cosmetic goods on behalf of companies both domestic and foreign. The company produces and sells a range of pharmaceutical and cosmetic products such as antibiotics, medicines for cold, antihistamines, diabetes, heart, gynecological disorders, infections, and so forth.
The company deals in skin, tooth, and hair care products in the form of gels, creams, and serums and also deals in packaging and raw materials for pharmaceutical and cosmetic companies, as per industry standards.The company undertakes contract manufacturing of pharmaceutical and cosmetic products, sells its own brand Glow Up and Regero, is preparing to introduce Avicel, and exports to nations such as Iraq and Yemen. Produts and Offerings: Products under own brands:
The company sells Glow Up dermo-cosmetics and Regero pharmaceutical products, providing varied cost-effective solutions. Products under contract manufacturing: The company supplies pharma and cosmetics under contract manufacturing, mainly for domestic and export markets. As of August 16, 2024, the company had 217 employees on payroll.
As described in the offer document.
| Metric | 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|
Ashish Gulati.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Astonea Labs IPO was a ₹37.67 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹128–₹135 per share with a lot size of 1,000 shares (₹1,35,000). The IPO was open from May 27 to May 29, 2025. Shares listed on BSE SME on June 3, 2025 at ₹137.45, a 1.8% premium to the issue price of ₹135. Kfin Technologies Limited is the registrar. Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager.
The price band of Astonea Labs IPO is ₹128 to ₹135 per share.
The lot size of Astonea Labs IPO is 1000 shares.
The minimum investment for Astonea Labs IPO is approximately ₹1,35,000 based on the upper price band.
The allotment date of Astonea Labs IPO is May 30, 2025.
You can check Astonea Labs IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Astonea Labs IPO allotment status on Rupix for quick and easy access.
₹128 to ₹135 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,35,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,35,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 27 May 2025 and closed on 29 May 2025.
The basis of allotment was published on 30 May 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 3 June 2025 on BSE SME.
The issue size was ₹37.67 crore. The fresh issue was 27,90,000 shares (aggregating up to ₹37.67 crore).