logo
Astonea Labs IPO allotment today; check latest GMP, steps to verify status

Astonea Labs IPO allotment today; check latest GMP, steps to verify status

Astonea Labs IPO allotment status: The basis of allotment of shares for Astonea Labs is expected to be finalised today, Friday, May 30, 2025. The initial public offering (IPO) of Astonea Labs, which closed for subscription on Thursday, May 29, received a muted response from investors, with the offering being oversubscribed by nearly 1.8 times.
Once the allotment is finalised, investors can check their status on the official websites of the BSE and Kfin Technologies, the registrar for the Astonea Labs IPO. Alternatively, investors can also follow these direct links to check the Astonea Labs IPO allotment status online:
Check Astonea Labs IPO allotment status on BSE:
https://www.bseindia.com/investors/appli_check.aspx
Check Astonea Labs IPO allotment status on Kfin Technologies:
https://ipostatus.kfintech.com/
Astonea Labs IPO details
The SME offering, valued at around ₹37.67 crore, comprises an entirely fresh issue of 2.79 million equity shares with no offer for sale (OFS) component. The public issue was open for subscription from Tuesday, May 27, 2025, to Thursday, May 29.
Astonea Labs IPO was available at the price band of ₹128 to ₹135 per share, with a lot size of 1,000 shares.
Kfin Technologies serves as the registrar, while Oneview Corporate Advisors acts as the sole book-running lead manager for the offering.
According to the RHP, the company aims to utilise the issue proceeds for 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 second floor of the existing premises; advertising, marketing and brand building; investment in procuring hardware and software and funding of working capital requirements. The remaining funds will be used for general corporate purposes. Check Blue Water Logistics IPO allotment status
About Astonea Labs
Incorporated in 2017, Astonea Labs is a contract manufacturer 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.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

375% returns in four years! Multibagger stock to be in focus on Wednesday; here's why
375% returns in four years! Multibagger stock to be in focus on Wednesday; here's why

Mint

timean hour ago

  • Mint

375% returns in four years! Multibagger stock to be in focus on Wednesday; here's why

Multibagger stock: Pavna Industries shares will be the focus of stock market investors on Wednesday, 6 August 2025, after the company announced an additional land acquisition move of 4.96 acres close to Noida's Jewar Airport, according to an exchange filing. 'Pavna Industries has announced the acquisition of an additional 4.96 acres of land in close proximity to the Jewar Airport in Uttar Pradesh,' the company informed BSE through the filing. According to company data, Pavna Industries acquired 4.64 acres of land near the Jewar Airport in July 2025. 'Our combined landholding of over 9.6 acres in this area lays the foundation for a multi-phase growth strategy that will allow us to augment production, integrate advanced manufacturing technologies, and better serve our growing client base across automotive segments. It's a step aligned with our ethos of continuous improvement and delivering value to all stakeholders,' said Swapnil Jain, the managing director of Pavna Industries. The company manufactures automotive parts for reputed OEMs serving different vehicle segments, including passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles, and off-road vehicles, according to the official data. Pavna Industries' share price closed 0.23% lower at ₹ 394.50 after Tuesday's stock market session, compared to ₹ 395.40 at the previous market close. The company announced the business update of the land acquisition move after market operating hours on 5 August 2025. Shares of the auto component maker have given stock market investors more than 375% returns on their investments in the last five years. However, Pavna Industries shares have lost 13.25% in the last one-year period. On a year-to-date (YTD) basis, the shares have lost 18.09% in 2025 and are trading 2.81% lower in the last five market sessions on the Indian stock market. Pavna Industries' shares hit their 52-week high level at ₹ 759.55 on 14 October 2024, while the 52-week low level was at ₹ 295.20 on 3 March 2025, according to the data collected from the BSE website. The auto component maker's market capitalisation (M-Cap) stood at ₹ 550.45 crore as of the stock market close on Tuesday, 5 August 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Stock markets slide ahead of RBI policy decision, selling rush in RIL, HDFC Bank
Stock markets slide ahead of RBI policy decision, selling rush in RIL, HDFC Bank

The Print

timean hour ago

  • The Print

Stock markets slide ahead of RBI policy decision, selling rush in RIL, HDFC Bank

The broader NSE Nifty fell 73.20 points or 0.30 per cent to close at 24,649.55. During the session, it slipped by 132.45 points or 0.53 per cent to 24,590.30. The 30-share BSE Sensex fell by 308.47 points or 0.38 per cent to close at 80,710.25. During the day, it declined 464.32 points or 0.57 per cent to hit an intraday low of 80,554.40. Mumbai, Aug 5 (PTI) Equity market benchmark indices Sensex and Nifty ended lower on Tuesday amid selling in oil & gas and banking shares ahead of the Reserve Bank's monetary policy announcement. Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers. The BSE smallcap gauge went lower by 0.27 per cent and the midcap index by 0.14 per cent. Among sectoral indices, Oil & Gas fell by 0.96 per cent, Energy by (0.74 per cent), FMCG by (0.61 per cent), Services and Focussed IT by (0.59 per cent each), IT and Realty by (0.52 per cent each) and Healthcare by (0.48 per cent). Auto, Power, Capital Goods, Commodities, Industrials, Consumer Durables, Metal and Telecommunication were the only gainers. 'Despite positive global cues, domestic markets remained rangebound in negative territory. Oil & gas stocks led the decline amid concerns about future import restrictions on Russian oil. Weakness persisted on Pharma and IT stocks which are among the largest exporters to the US. Sentiment was also weighed by INR depreciation. 'In contrast, auto stocks continue to gain traction from July volumes,' Vinod Nair, Head of Research at Geojit Investments, said. Investors are now awaiting the upcoming RBI policy decision, where market has marginal expectations of a rate cut, in the near-term. Currently, the preferences of investors are for domestic consumption-driven stocks and sectors holding limited volatility to external factors, Nair added. The RBI Governor Sanjay Malhotra-headed rate-setting panel started the three-day deliberations to decide the next bi-monthly monetary policy on Monday. The six-member monetary policy committee (MPC) will announce the outcome on Wednesday. According to Ajit Mishra, SVP, Research at Religare Broking, 'Lingering uncertainty over the tariff situation, following recent statements from the US President, along with a lack of major positive surprises from the earnings season, has been weighing on market sentiment.' In Asian markets, South Korea's Kospi, Shanghai's SSE Composite index, Hong Kong's Hang Seng and Japan's Nikkei 225 index closed in the positive territory. The European markets were trading in green. The US markets ended higher on Monday. Global oil benchmark Brent crude declined 1.02 per cent to USD 68.06 a barrel. Foreign Institutional Investors offloaded equities worth Rs 2,566.51 crore while domestic institutional investors purchased equities worth Rs 4,386.29 crore on Monday, according to exchange data. On Monday, the 30-share Sensex gained 418.81 points to settle at 81,018.72, and the NSE Nifty jumped by 157.40 points to close at 24,722.75. PTI HG HVA This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

Prestige Estates Q1FY26 results: Profit up 1.46%, revenue grows 21.94%
Prestige Estates Q1FY26 results: Profit up 1.46%, revenue grows 21.94%

Business Standard

timean hour ago

  • Business Standard

Prestige Estates Q1FY26 results: Profit up 1.46%, revenue grows 21.94%

Bengaluru-based real estate developer Prestige Estates Projects on Tuesday reported a consolidated net profit of Rs 311.5 crore for the first quarter of financial year 2025–26 (Q1FY26), ended 30 June 2025, marking a 1.46 per cent year-on-year (Y-o-Y) increase. The company posted revenue of Rs 2,468.7 crore during the period, up 21.94 per cent from Rs 2,024.5 crore in the same quarter last year. In a recent development, Prestige Estates Projects — directly and through its wholly owned subsidiary — acquired an additional 40 per cent partnership interest in Apex Realty Ventures LLP. Following this acquisition, Apex Realty Ventures LLP has become a wholly owned subsidiary, the company said in a filing to the BSE. Prior to this transaction, Prestige held a 60 per cent stake in Apex Realty Ventures. On the expansion front, Prestige Estates Projects plans to invest around Rs 10,000 crore over the next six years to develop a 62.5-acre township in Ghaziabad, Uttar Pradesh. This project marks its entry into the Delhi–NCR housing market and was announced in April this year. The company is also developing a commercial project in Delhi's Aerocity, which includes hotels and office spaces. In June, the company announced its intention to launch multiple residential projects across major cities in the current fiscal year, targeting an estimated revenue of over Rs 42,000 crore. The expansion aims to capitalise on strong consumer demand in the housing sector. The upcoming projects are planned for key markets including Bengaluru, Chennai, Hyderabad, Mumbai, Delhi–NCR, and Goa. The company announced its results post market hours on Tuesday. At the time, Prestige Estates Projects shares were trading at Rs 1,608.05 apiece, up 0.13 per cent on the BSE.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store