Astron Multigrain Ltd IPO Analysis
02 December 2025
A ready-made spicy noodle, something we Indians love eating. With a lot of choices in the market, here is a new emerging player raising money and gearing up to expand and join our midnight cravings.
Let’s explore our upcoming noodle company, Astron Multigrain Ltd, further:
(The Astron Multigrain Ltd Share Price will be finalised post-allotment, while grey market cues through the Astron Multigrain Ltd IPO GMP will likely reflect market sentiment closer to listing.)
Indian Noodle Industry
The Noodle market involves manufacturing and selling ready-to-cook noodles that require minimal preparation time. Our Indian noodle market is currently valued at $1.6B in FY25, and is expected to double by FY30 with a CAGR of around 13%-14%. The growth drivers include increase in urbanisation, a change in lifestyle, a younger population, etc.
Currently, the industry is heavily dominated by well-established brands we like, such as Maggie, Patanjali and Marico. High competition, rise in health awareness and price sensitivity are some of the biggest challenges for the noodle market in India.
It will be interesting to see how Astron moves to our platter despite so many options available.
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