Asston Pharmaceuticals IPO Allotment Status 2025: How to Check Online

Updated on: Jul 13th, 2025

8 min read

Asston Pharmaceuticals has captured significant attention from investors via Initial Public Offering (IPO). This SME IPO, valued at ₹27.56 crore, got a subscription rate of 186.55x by the close of bidding on July 11, 2025. The allotment for the Asston Pharmaceuticals IPO is to be finalised on July 14, 2025, evening, and the shares are going to list on the BSE SME platform on July 16, 2025, at 10:00 AM.

This article provides a step-by-step guide to check the Asston Pharmaceuticals IPO allotment status online, along with its subscription status, and key dates for investors.

What is the Asston Pharmaceuticals IPO?

Asston Pharmaceuticals Limited, incorporated in 2019, is a pharmaceutical company engaged in manufacturing and exporting a wide range of healthcare products, including tablets, capsules, oral liquids, ointments, and oral powders. The company also provides contract manufacturing services on a loan license basis.

The Asston Pharmaceuticals IPO is a book-built SME IPO aimed at raising ₹27.56 crore through a fresh issue of 22.41 lakh equity shares with a face value of ₹10 each.

The IPO price band is set at ₹115 to ₹123 per share, with a minimum lot size of 1,000 shares, requiring a minimum investment of ₹123,000 for retail investors. High Net-Worth Individuals (HNIs) must apply for a minimum of 3 lots (3,000 shares), amounting to ₹369,000. The IPO opened for subscription on July 9, 2025, and closed on July 11, 2025.

The proceeds from the fresh issue will be utilised for:

Capital expenditure to acquire new machinery for the manufacturing unit.
Funding incremental working capital requirements.
Repayment or prepayment of certain outstanding borrowings.
General corporate purposes.

The IPO is managed by Sobhagya Capital Options Ltd as the book-running lead manager, with Maashitla Securities Private Limited serving as the registrar.

When is the Asston Pharmaceuticals IPO Allotment Status Out?

The allotment for the Asston Pharmaceuticals IPO is expected to be finalised on July 14, 2025, in line with SEBI’s mandate for SME IPOs to complete the allotment process within one day of the subscription closing.

Investors can check their allotment status starting July 14, 2025, via the registrar’s website (Maashitla Securities) and the BSE website.

Asston Pharmaceuticals IPO Subscription Status

As of July 11, 2025, the Asston Pharmaceuticals IPO was subscribed 186.55x, reflecting strong investor interest across different categories as mentioned below.

Investor Type	Subscription (times)	Shares Offered	Shares bid for	Total Amount (Rs Cr.)
Anchor Investors	1	6,35,000	6,35,000	7.81
Market Maker	1	1,13,000	1,13,000	1.39
Qualified Institutions	85.76	4,25,000	3,64,49,000	448.32
Non-Institutional Buyers	353.14	3,22,000	11,37,10,000	1,398.63
bNII (bids above ₹10L)	424.47	2,15,000	9,12,62,000	1,122.52
sNII (bids below ₹10L)	210.85	1,07,000	2,25,61,000	277.5
Individual Investors (IND category bidding for 2 Lots)	172.06	7,46,000	12,83,58,000	1,578.80
Total	186.55	14,93,000	27,85,17,000	3,425.76

The high subscription rate indicates a lottery-based allotment for retail investors due to oversubscription of 186.55x.

How to Check Asston Pharmaceuticals IPO Allotment Status?

You can check the Asston Pharmaceuticals IPO allotment status on Two platforms, BSE website, or the registrar’s website . You’ll need one of these details:

PAN Number: Your 10-digit Permanent Account Number.
Application Number: The unique number from your IPO application (check your broker’s email/SMS or application form).
Demat Account Number (DP/Client ID): The ID of your demat account where shares are credited.

If you don’t have these, contact your broker or bank. Below are the steps to check the allotment status.

Checking Asston Pharmaceuticals IPO Allotment Status on BSE

Hence it was an BSE SME IPO you can check your IPO allotment status in the BSE website by following the simple streps as given below.

Step1: Visit the BSE Website

Open your browser
Go to BSE India website.
On the homepage, find Investors.
Click “Status of Issue Application” or “IPO Allotment Status.”

Step 2: Select IPO

Choose “Equity” under “Issue Type.”
In the “Issue Name” dropdown, select Asston Pharmaceuticals Ltd.

Step 3: Fill Details

Enter your Application Number or PAN.
Complete the captcha.
Double-check your details to avoid errors.

Step 4: View the Status

Click “Search” or “Submit.”
The page will show if you got shares and how many, or if no shares were allotted.
Take a screenshot or note it down.

Tip: The BSE site is may load slowly on older devices. Ensure a stable internet connection and some times it work slow due to high users in that case try after some time.

Checking Allotment Status on the Maashitla Securities (Registrar’s Website)

The registrar, Maashitla Securities, is the most direct source for allotment status. Here’s how to check:

Find the Registrar’s Website

Open your browser and search “Maashitla IPO allotment status.”
Look for “IPO Allotment Status” or a similar section.

Select the IPO

On the registrar’s website, find a drop-down list of IPOs.
Choose Asston Pharmaceuticals Ltd.
If it’s not listed, the allotment isn’t finalised. Check back on or after some time.

Enter Your Details

Select one option: PAN, Application Number, DP/Client ID, or Bank Account Number/IFSC Code (if you used ASBA).
Enter the details and complete the captcha.

Check the Status

Click “Submit” or “Check Status.”
The website will show if you received shares and how many, or if no shares were allotted.
Save the result for your reference.

Tip: The Maashitla Securities website is reliable, and you may find a direct link in SMS/email from the registrar.

Other Ways to Check Asston Pharmaceuticals IPO Allotment Status

Broker’s App or Website: Log in to your broker’s platform where you applied for the IPO. Go to the IPO section to view your application status. Some brokers display allotment details directly.

Bank’s Net Banking: If you used ASBA, log in to your bank’s net banking. Navigate to “E-Services” or “Demat Services,” then check “IPO History” or “Allotment Status.”

Email or SMS: BSE or Maashitla Securities may send you an email or SMS with allotment details or a link to check.

What Happens After You Check the Allotment?

If You Got Shares:

Shares will be credited to the investors demat account by July 15, 2025, one day before the IPO listing.
The payment for allotted shares is deducted from your blocked amount(ASBA/UPI).
You can sell the shares when they list on BSE on Listing day at 10:00 AM.

If You Didn’t Get Shares:

The blocked amount in your bank account is unblocked, typically within 1–2 days.
Use the funds for other investments or future IPOs.

Why Might You Not Get Shares?

You may not receive shares due to:

Oversubscription: If too many people apply, a lottery system allocates shares for retail investors.
Category Allocation: Shares are split among retail (35%), institutional (50%), and non-institutional investors (15%). Each group gets a fixed portion.
Application Errors: Incorrect details (such as entering the wrong PAN or bank account) can lead to rejection.

Tips to Avoid Confusion

Keep Details Ready: Store your PAN, Application Number, and Demat ID in a note or on your phone.

Use a Strong Internet Connection: Slow internet can cause website delays, so use Wi-Fi or a good mobile network.
Ask for Help: If you're stuck, contact your broker’s customer care or bank. They can assist or check for you.
Check on the Right Day: Allotment status is available only after June 18, 2025. Confirm the date via the IPO prospectus or latest press release.
Avoid Scams: Use only official websites (BSE, or Maashitla Securities). Avoid Phishing by clicking random links in emails or WhatsApp messages wich will ended up by sharing your personal details.

Refund Process

If no shares are allotted, the blocked funds from your ASBA application will be unblocked:

Timeline: Refunds are expected to be processed on July 15, 2025.
Process: Maashitla Securities releases the blocked amount to your bank account, with notifications via SMS or email.
Delay in Refund: If funds aren’t unblocked by July 15, contact your bank or Maashitla Securities.
Use of Funds: Unblocked funds can be used for other investments or future IPOs.

Share Listing Process

Listing Date: The Asston Pharmaceuticals IPO will list on the BSE SME on July 16, 2025.
Share Crediting: Allotted shares will be credited to your Demat account by July 15, 2025.
Trading: Shares can be traded on the BSE post-listing. Monitor the listing price via BSE or your broker’s platform at 10:00 AM on July 16.
GMP (Grey Market Premium): On July 13, 2025, one day before the IPO allotment, the GMP of Asston Pharmaceuticals was around at ₹10, which suggests an expected listing listing price of ₹133, with a potential listing gain of 8.13%.

Note: GMP is speculative and not an official indicator.

IPO Contact Information

Registrar Contact Details:

Name: Maashitla Securities Private Limited
Address: Krishna Apra Business Square, 451, Netaji Subhash Place, New Delhi, Delhi 110034
Email: investor.ipo@maashitla.com

Book-Running Lead Manager:

Name: Sobhagya Capital Options Ltd
Email: B-206, Okhla Industrial Area, Phase-I, New Delhi, Delhi 110020

Company Details:

Name: Asston Pharmaceuticals Limited
Address: 4th Floor, Office No. A-431, Balaji Bhavan, Plot No. 42A, Sector-11, CBD Belapur, Navi Mumbai, Thane, Maharashtra, 400614
Email: info@asstonpharmaceuticals.com

Oversubscription and Lottery Process

the Asston Pharmaceuticals IPO highly over subscribed with a 187x subscription rate triggering a lottery system for retail investors to ensure transparency towards allotment.

Lottery Process: Shares are allocated via a computerised lottery to ensure fairness, prioritising at least one lot (1,000 shares) for retail investors. However, high demand in this IPO will result in 186 applicants of 187 receiving no shares.

Oversubscription Impact: A higher subscription rate reduces the allotment probability. For example, a 187:1 ratio means 1 in 187 applicants will receive allotment.

ASBA Process

The Application Supported by Blocked Amount (ASBA) process is mandatory for IPO applications in India:

Log in to your bank’s net banking or broker’s platform.
Select “Asston Pharmaceuticals Limited IPO” in the IPO section.
Enter the number of lots and bid price.
Provide your UPI ID or confirm the fund block request.
Approve the mandate via your UPI app or bank.

Funds are blocked in your account and debited only if shares are allotted. If no shares are allotted, the funds are unblocked for other uses.

Tax Implications

Capital Gains: Profits from equities are fall under capital gains those are the types such as,

Short-Term Capital Gains (STCG): Capital gains from selling Equity shares within 12 months are taxed at 20% (plus surcharge and cess).
Long-Term Capital Gains (LTCG): Gains above ₹1.25 lakh from shares held over 12 months are taxed at 12.5% (plus surcharge and cess).
Losses: Can be offset against other capital gains, per tax rules.
Dividend Income: Taxed as per your income tax slab if Asston Pharmaceuticals declares dividends.

Post-Allotment of Shares

Confirm Shares: Once you have received allotment, kindly confirm the shares are credited to your Demat account or not by July 15, 2025. If there are delays, contact your Depository Participant immediately.

Monitor Listing: Track the listing performance of asston Pharmaceuticals on July 16, 2025, via BSE or your broker’s platform at 10:00 AM. The estimated listing price is ₹133 as per the latest GMP as of 13 July.

Trading Decision: Based on market conditions and your goals, decide whether to hold for long-term growth or sell on listing day for listing gains.

Record-Keeping: Maintain records of allotment and transactions like selling date and price for auditing/taxation purposes.

Conclusion

The Asston Pharmaceuticals IPO has garnered significant investor interest, with a high subscription rate signalling strong demand. The allotment status will be available on July 14, 2025, and can be checked via Maashitla Securities, BSE, or your broker’s platform which will list on the BSE SME on July 16, 2025.

Disclaimer: This article is only for informational purposes and should not be considered as investment advice. IPO investments carry risks, including potential loss of capital. Consult a SEBI-registered financial advisor before investing.

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About the Author

REPAKA PAVAN ADITYA

Stocks and Mutual Funds Research Analyst

I manifest my zeal in financial quantitative & quantitative research and have been instrumental in creating a robust process for the evaluation and monitoring of mutual funds. I’m responsible for Equity and Mutual Funds Research while creating instrumental mathematical models for portfolio construction after evaluating funds, and I play an integral role in analyzing changes in mutual funds, micro, and macro-economic indicators, and equity market events and trends. My views on asset classes which are integral in creating an investment strategy for any profile. Read more

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