Astonea Labs Limited
- Minimum Investment₹1,28,000
- Price Range₹128 - ₹135
- Issue Size₹37.67 Cr
- Lot Size1000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
Funding of expenses proposed to be incurred towards product 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
Advertising, marketing and brand building
Investment in procuring hardware and software
Funding of working capital requirements
General corporate purposes
Strengths & Weaknesses of Astonea Labs Limited
Scalable business model
The company follows a customer-centric, order-driven approach focusing on optimal resource utilisation and consistent product quality. This enables it to efficiently scale operations by expanding into new domestic and international markets
Diverse product portfolio
The company offers a broad range of pharmaceutical and cosmetic products covering therapeutic areas such as antibiotics, antihistamines, diabetes, cardiovascular and gynaecological care, along with multivitamins, skin, and hair care solutions
Quality-focused service
The company emphasises timely and high-quality service through strict internal systems that minimise errors and ensure prompt delivery. This commitment has led to strong customer goodwill, high retention rates, repeat orders, and a growing client base
FDA fee non-compliance
The company has not yet satisfied its annual OTC Monograph User Fee obligation under the US FDA's program. This non-compliance renders all its OTC drug products as misbranded and bars them from interstate commerce in the US, potentially damaging its market access and reputation
Supply chain uncertainty
The company does not maintain long-term contracts with suppliers, exposing it to raw material price volatility and potential supply disruptions. Pricing is negotiated per order, increasing the risk of delays or production halts in the event of shortages or supplier exit
Regulatory compliance exposure
Operating in the tightly regulated pharmaceutical and cosmetics industries, the company is subject to stringent quality and manufacturing standards. Non-compliance with regulatory requirements across jurisdictions, including those set by the US FDA and other authorities could lead to fines, product recalls, or reputational damage
Financials
Earnings Per Share
No Data
Balance Sheet
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About Astonea Labs Limited
- PromoterAshish Gulati