IPO - Initial Public Offerings

 ASTONEALAB

  

ASTONEA LABS LTD

27 May, 10:00 AM

Issue Open

29 May, 05:00 PM

Issue Close

1000

Lot Size

₹ 128.00 – ₹ 135.00

Price Range

IPO Issue Details

Issue size 37.67
Market Price 135.00
Registrar Kfin Technologies Limited
Face Value RS.10 /- Per share
Listing at BSE

About

ASTONEA LABS LTD
Incorporated in 2017, 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. 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. Competitive Strengths: Experienced management and dedicated employee base Scalable business model Wide and diverse range of product offerings Quality Service

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1000 ₹ 1,35,000.00
S-HNI  (2 Lakh to 10 Lakh) 2 2000 ₹ 2,70,000.00
S-HNI  (2 Lakh to 10 Lakh) 7 7000 ₹ 9,45,000.00
B-HNI  (Above 10 Lakh) 8 8000 ₹ 10,80,000.00

IPO TimeLine

Open Date 27-May-2025
Close Date 29-May-2025
Basis of Allotment Date 30-May-2025
Initiation of Refunds 02-Jun-2025
Credit Shares to Demat A/c 02-Jun-2025
IPO Listing Date 03-Jun-2025