New Delhi, Dec. 4 -- Astron Multigrain IPO Allotment: The initial public offering (IPO) of Astron Multigrain, an instant noodles manufacturer, opened on Monday, December 1, and closed on Wednesday, December 3, receiving a lukewarm response from investors. With the subscription window now over, the focus shifts to the share allotment, which is expected to be finalised today, Thursday, December 4.

After the share allotment is done, successful bidders can expect the shares credited to their demat accounts on Friday, December 5, and those who fail to get the allotment will get the refund on the same day. Astron Multigrain IPO will list on the BSE SME on Monday, December 8.

The SME IPO was a combination of fresh issue of 23,40,000 shares to ...