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Astonea Labs to Raise Rs 37.67 Cr Via IPO Opening on May 27

The Business Guardian

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May 27, 2025

Haryana-based pharmaceutical and cosmetic products manufacturer, Astonea Labs Ltd, is planning to raise Rs. 37.67 crore from its SME public issue.

- TBG NETWORK

Astonea Labs to Raise Rs 37.67 Cr Via IPO Opening on May 27

Haryana-based pharmaceutical and cosmetic products manufacturer, Astonea Labs Ltd, is planning to raise Rs. 37.67 crore from its SME public issue. The company has received approval to launch its public issue on the BSE SME Platform. The public issue opens for subscription on May 27 and closes on May 29.

Oneview Corporate Advisors Private Limited is the lead manager of the issue. The company plans to issue 27.90 lakh equity shares of Rs. 10 face value at a price band of Rs. 128-Rs. 135 per share; shares to list on BSE SME.

Highlights:
* Fresh Public issue of Rs. 37.67 crore opens for subscription from May 27 to May 29

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