1.Company Information

Incorporated in 2017, Astonea Labs Ltd. is engaged in contract manufacturing of pharmaceutical and cosmetic products for companies both within India and internationally. The company manufactures and markets a variety of pharmaceutical and cosmetic products, including antibiotics, anti-cold medicines, antihistamines, and treatments for diabetes, heart, gynecological issues, infections, and more. The company offers skin, tooth, and hair care products in forms like gels, creams, and serums, and also trades packaging and raw materials for pharmaceutical and cosmetic industries, meeting industry standards. The company engages in contract manufacturing of pharmaceutical and cosmetic products, markets its own brands "Glow Up" and "Regero," plans to launch "Avicel," and exports to countries like Iraq and Yemen.

2. Objects of the Issue

S.No. Objects of the Issue Expected Amount (in Millions)
1 Funding of expenses proposed to be incurred towards registration in Bolivia, South America 12.9
2 Purchase and installation of plant and machineries for ointment production for the purpose of export in accordance with the international standards and protocols, on the 2nd floor of the Existing Premises 52.34
3 Advertising, marketing and brand building 49.52
4 Investment in procuring hardware and software 6.84
5 Funding of working capital requirements 197.5
6 General corporate purposes

3.Astonea Labs Ltd IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email:  murali.m@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/