Asston Pharmaceutical Limited

Company Name	Asston Pharmaceutical Limited
Open Date	09-07-2025
Close Date	11-07-2025
Exchange	BSE SME
Lot Size	1,000 Shares
Issue Price	₹115 to ₹123 per share
Issue Size	22,41,000 shares
Application Amount	₹2,46,000
Recommendation	Avoid

The company was incorporated in Apr 16, 2019 with its registered office in Navi Mumbai. It is engaged in manufacture of pharmaceutical products and nutraceutical products and supplying them in domestic and African markets under the brand name ‘Asston’. . Its products include tablets, capsules, oral liquid, external preparations (ointment, cream, gel, and lotion), oral powder (sachet, and dry syrup), etc.

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Financial Summary in Lakhs

KPIs	Mar-22	Mar-23	Mar-24
Revenue	653.80	1,558.62	2,503.92
EBITDA	151.66	254.59	615.93
Net Profit	105.67	136.04	432.51
RoCE	37.88%	30.42%	46.28%
ROE	53.21%	21.28%	40.35%
P/E	65.08	51.90	17.83

Tentative Timeline

Opening Date	09-07-2025
Closing Date	11-07-2025
Basis of Allotment	14-07-2025
Initiation of Refunds	15-07-2025
Credit of Shares to Demat	15-07-2025
Listing Date	16-07-2025

Objects of the Issue

Capital expenditure for acquiring machine in manufacturing unit.

To meet the working capital requirements.

Repayment of borrowings availed by the company.

General Corporate Purposes.

Contact Information

Registered Office	4th Floor, Office No. A-431 Balaji Bhavan, Plot No 42A Sector-11 CBD Belapur, Navi Mumbai, Thane Navi Mumbai, Maharashtra, 400614
Phone	+91 22 49731411
Email	info@asstonpharmaceuticals.com
Website	http://www.asstonpharmaceuticals.com/

Offer Documents

Asston Pharmaceutical Limited IPO DRHP

Asston Pharmaceutical Limited IPO RHP

Registrar Details

Name	Maashitla Securities Private Limited
Phone	+91-11-45121795-96
Email	ipo@maashitla.com
Website	https://maashitla.com/allotment-status/public-issues

IPO Reservation

NII (HNI) Shares Offered	3,22,000 (14.37%)
Retail Shares Offered	7,46,000 (33.29%)
QIB Shares Offered	10,60,000 (47.30%)
Market Maker Shares Offered	1,13,000 (5.04%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	68.76%
Share Holding Post Issue (Promoters)	50.66%