Astonea Labs Ltd Share Price

Summary

Astonea Labs Ltd was originally incorporated as AHU Laboratories Private Limited, as a private limited company, pursuant to certificate of incorporation dated April 11, 2017. Company changed its name from AHU Laboratories Limited to Astonea Labs Private Limited dated February 26, 2019. Subsequently, the Company converted into Astonea Labs Limited, vide fresh Certificate of Incorporation dated January 11, 2024. Company specializes in the manufacturing and marketing of a wide range of pharmaceutical and cosmetic products. These include antibiotic drugs, anticold medications, antihistamines, and drugs for diabetes, cardiovascular diseases, gynecological concerns, analgesics, fungal infections, and multivitamins. These are used for skin, tooth, and hair care, available in various forms such asgels, ointments, creams, lotions, oils, and serums. The Company started production with cosmetic block at the Manufacturing Facility in 2019; started second block with pharmaceutical products such as tablet, capsules, softgel, and oral powder production at the Manufacturing Facility in 2021.The Company engaged in contract manufacturing of pharmaceutical and cosmetic products for companies both within India and internationally. In addition to contract manufacturing, it manufacture and market their own products under the brands Glow Up and Regero in the domestic market.The Company is planning a Public Issue of 27,90,000 Equity Shares through Fresh Issue.
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