Mumbai, Dec. 8 -- The scrip was listed at Rs 50.40, a discount of 20% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 50.40 and a low of Rs 47.88. About 14,000 shares of the company changed hands at the counter.

Astron Multigrain's IPO was subscribed 1.21 times. The issue opened for bidding on 1 December 2025 and it closed on 3 December 2025. The price band of the IPO was fixed at Rs 63 per share.

The IPO comprised a fresh issue of 23,40,000 equity shares and an offer for sale of 5,80,000 equity shares. Promoters' shareholding reduced to 66.05% post-IPO from 99.99% pre-IPO.

The company intends to utilize the net proceeds for purchasi...