Astron Multigrain Limited
BBSE:ASTRONMULT17.32
INR
-0.51
(-2.86%)
Astron Multigrain Limited
BSE:ASTRONMULT
(Bombay Stock Exchange)
Recent
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17.32
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- Astron Multigrain Limited is an India-based packaged foods and fast-moving consumer goods company that specializes in the manufacturing, processing, and distribution of instant noodles, snacks, and allied food products. Founded in 2018 and headquartered in Rajkot, Gujarat, the company operates across two principal business divisions: proprietary brand manufacturing and institutional contract manufacturing. Its product and service portfolio comprises packaged instant noodles, marketed in classic and masala flavors under the flagship brand Astron's Swagy Noodles; packaged food items under registered trademarks including XOUPIE and ASTRON; extruded noodle snacks and seasoned noodle bhujia; traditional papad assortments; pre-cooked noodle cakes; customized dry seasonings and noodle tastemaker sachets; and private-label contract manufacturing services for third-party snack and food enterprises, including Gokul Snacks Private Limited. The company conducts its manufacturing operations from an ISO 22000:2018 and HACCP-certified facility located in Chordi, Gondal (Rajkot, Gujarat) with an annual installed production capacity of 5,110 metric tonnes. Astron Multigrain distributes its branded products through an asset-light network of super stockists, wholesalers, and retail distributors covering major regional markets across Gujarat, Maharashtra, Madhya Pradesh, and Bihar. In recent developments, the company converted into a public limited company in October 2023 and completed an initial public offering on the BSE SME platform in December 2025, raising INR 18.40 crore to fund capital expenditures for production machinery acquisition, augment manufacturing capacity, support operational working capital needs, and expand its distribution footprint across target regional markets.