Astron Multigrain IPO

Incorporated in , Astron Multigrain manufactures instant noodles. It produces noodles on a contract basis for Gokul Snacks Pvt. Ltd., who sells them under their own brand. The company also sell under own brand “Astron’s Swagy Noodles”, currently available in Mast Masala (Classic Flavour).

Business Model

• Contract Manufacturing: In this vertical, everything from ingredients and raw material procurement, handling, and packaging is done by the company but the client sells products under own brand.
• Own Brand Manufacturing: In this vertical, it manufactures and sells products under the own brand name.

Apart from noodles, it also make noodle bhujiya and papad.

Manufacturing Facility: Gondal, Rajkot, Gujarat, with an installed capacity of 5110 MTA. The facility is accredited with FSSAI license under Food Safety and Standards Act, 2006.

Customers and market presence: The company markets and sells products in teh B2B segment, majorly in the states of Gujarat, Madhya Pradesh, Maharashtra and Bihar. The products are sold to Super Stockiest who supplies to the wholesalers and further distributed among retailers.

Segment-wise revenue: In FY 25, 79.82% of total revenue was derived from own brand manufacturing and 20.18% derived from contract manufacturing.

Competitive strengths

• Experienced Promoters and Management Team
• Affordable Pricing
• Well-established trade name
• Quality Compliance
• Widespread Sales and Distribution Network