Astron Multigrain IPO to debut today. Here’s what GMP suggests ahead of listing

Astron Multigrain is set to list on the BSE SME platform on December 8 following a modest IPO that closed at ₹18.40 crore. The company, which manufactures instant noodles and other snacks, saw a 1.22 times overall subscription, with retail investors showing more interest than non-institutional investors. Proceeds will fund capital expenditure and working capital needs.