Comparison between Astron Multigrain IPO and Pajson Agro India IPO.
Astron Multigrain IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Pajson Agro India IPO is a SME Bookbuilding proposed to list at BSE SME.
| Astron Multigrain IPO | Pajson Agro India IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finaax Capital Advisors Private Limited | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Astron Multigrain IPO is up to ₹17.46 Cr whereas the issue size of the Pajson Agro India IPO is up to ₹70.23 Cr. The final issue price of Astron Multigrain IPO is ₹63.00 per share and of Pajson Agro India IPO is ₹118.00 per share.
| Astron Multigrain IPO | Pajson Agro India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | |
| Issue Price (Upper) | ₹118.00 per share | |
| Issue Price (Final) | ₹63.00 per share | ₹118.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 21,92,000 shares | 59,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.81 Cr | up to ₹70.23 Cr |
| OFS Issue Size | 5,80,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.65 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,72,000 shares | 59,52,000 shares |
| Issue Size Total (Amount) | up to ₹17.46 Cr | up to ₹70.23 Cr |
Astron Multigrain IPO opens on Dec 01, 2025, while Pajson Agro India IPO opens on Dec 11, 2025. The closing date of Astron Multigrain IPO and Pajson Agro India IPO is Dec 03, 2025, and Dec 15, 2025, respectively.
| Astron Multigrain IPO | Pajson Agro India IPO | |
|---|---|---|
| Anchor Bid Date | Dec 10, 2025 | |
| Issue Open | Dec 01, 2025 | Dec 11, 2025 |
| Issue Close | Dec 03, 2025 | Dec 15, 2025 |
| Basis Of Allotment (Tentative) | Dec 04, 2025 | Dec 16, 2025 |
| Initiation of Refunds (Tentative) | Dec 05, 2025 | Dec 17, 2025 |
| Credit of Share (Tentative) | Dec 05, 2025 | Dec 17, 2025 |
| Listing date (Tentative) | Dec 08, 2025 | Dec 18, 2025 |
| Anchor Lockin End date 1 | Jan 14, 2026 | |
| Anchor Lockin End date 2 | Mar 15, 2026 |
Astron Multigrain IPO P/E ratio is 17.09, as compared to Pajson Agro India IPO P/E ratio of 10.11.
| Astron Multigrain IPO | Pajson Agro India IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Astron Multigrain Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Pajson Agro India Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 509% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.05 | 62.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.09 | 10.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.18 Cr. | ₹280.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.66 | 60.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.73 | 48.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.41 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.69 | ₹11.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.95 | 46.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Astron Multigrain IPO Retail Individual Investors (RII) are offered 13,88,000 shares while in Pajson Agro India IPO retail investors are offered 13,88,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Astron Multigrain IPO and 11,82,000 shares in Pajson Agro India IPO.
| Astron Multigrain IPO | Pajson Agro India IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 17,72,400 shares |
| Market Maker Reservation | 1,48,000 shares | 3,57,600 shares |
| QIB | 0 shares | 11,82,000 shares |
| NII | 13,84,000 shares | 9,00,000 shares |
| RII | 13,88,000 shares | 20,97,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 27,72,000 shares | 59,52,000 shares |
Astron Multigrain IPO subscribed 1.22x in total, whereas Pajson Agro India IPO subscribed 6.50x.
| Astron Multigrain IPO | Pajson Agro India IPO | |
|---|---|---|
| QIB (times) | 10.92x | |
| NII (times) | 0.50x | 6.86x |
| Big NII (times) | 7.73x | |
| Small NII (times) | 5.14x | |
| RII (times) | 1.94x | 3.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.22x | 6.50x |
