Aastha Spintex IPO Details
Aastha Spintex IPO Summary
Aastha Spintex IPO opens for subscription on 29 Jun 2026 and closes on 01 Jul 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 06 Jul 2026.
Aastha Spintex IPO price band has been fixed at ₹125 – ₹136 per share. The face value is ₹10 per share with a lot size of 110.
Aastha Spintex IPO total issue size comprises 1,25,00,000 shares (aggregating up to ₹170.00 Cr). This includes a fresh issue of 1,25,00,000 shares (aggregating up to ₹170.00 Cr). Pre-issue shareholding stands at 3,16,42,190, which will increase to 4,41,42,190 post-issue.
Aastha Spintex IPO carries a ₹5 (3.68%) GMP, reflecting investor sentiment.
Aastha Spintex IPO Lot Size :Retail Minimum is 1 lot (110 shares) amounting to ₹14,960. Retail Maximum is 13 lots (1,430 shares) amounting to ₹194,480. SHNI Minimum is 14 lots (1,540 shares) amounting to ₹209,440. SHNI Maximum is 66 lots (7,260 shares) amounting to ₹987,360. BHNI Minimum is 67 lots (7,370 shares) amounting to ₹1,002,320.
Aastha Spintex IPO Details
Aastha Spintex IPO Subscription
Aastha Spintex IPO Application Wise Breakup (Approx)
Aastha Spintex IPO Dates
- 29 Jun 2026Opening dateOpen
- 01 Jul 2026Closing dateClose
- 02 Jul 2026Allotment Date Allotment
- 03 Jul 2026Initiation of RefundsRefund
- 03 Jul 2026Credit of SharesCredit
- 06 Jul 2026Listing dateListing
Aastha Spintex IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 110 | ₹14,960 |
| Retail Maximum | 13 | 1430 | ₹194,480 |
| SHNI Minimum | 14 | 1540 | ₹209,440 |
| SHNI Maximum | 66 | 7260 | ₹987,360 |
| BHNI Minimum | 67 | 7370 | ₹1,002,320 |
Aastha Spintex IPO Reservation
Promoter Holding
Documents
Aastha Spintex IPO Valuations
Aastha Spintex Financial Information
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 331.66 | 274.20 | 240.57 | 172.59 |
| Total Income | 314.02 | 352.17 | 305.67 | 239.69 |
| Profit After Tax | 17.56 | 22.92 | 16.29 | 1.06 |
| EBITDA | 35.25 | 46.36 | 34.25 | 11.60 |
| NET Worth | 153.18 | 121.05 | 76.38 | 60.01 |
| Reserves and Surplus | 121.47 | 91.12 | 49.07 | 32.70 |
| Amount in ₹ Crore | ||||
About Aastha Spintex IPO
Incorporated in 2013, Aastha Spintex Ltd. is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales.
The company's cotton bales are utilized both for captive production of cotton yarns and for supply to other spinning units and the cotton yarns produced are used in both knitting and weaving applications, catering to a wide spectrum of end-use segments and products including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
The company have a semi-automated and integrated spinning and ginning Manufacturing Facility situated at Halvad, Morbi, Gujarat.
Product:
- Cotton Bales: Cotton bales are compressed, packaged bundles of ginned cotton, produced after the raw cotton undergoes ginning to separate the lint from the seeds and other impurities.
- Other Products: Cotton yarn waste arises during spinning and postprocessing but is effectively reused within the textile ecosystem. Cotton yarn waste is an inevitable byproduct of the yarn manufacturing process, arising from pre-processing, spinning, and post-processing stages.
Strength Of Aastha Spintex IPO
- Integrated cotton spinning infrastructure with modern technologies to support our product portfolio.
- Long standing relationship with key customers.
- Strategically located manufacturing facility with adequate storage facility and scope for future expansion.
- Renewable Energy Infrastructure Enabling Sustainable and Cost-Efficient Manufacturing.
- Strong financials and operating metrics.
- Experienced Promoters and Management Team
Risk Of Aastha Spintex IPO
- One of the Objects of the Issue is to utilise a portion of the Issue Proceeds towards part payment of the purchase consideration for the acquisition of equity shares of Falcon Yarns Private Limited ("Falcon" or the "Target Company") by the Company, the Company proposes to utilise Rs.11,151.00 lakhs from the Issue Proceeds towards part payment of the purchase consideration for acquisition of 33,453,508 equity shares of Falcon at an acquisition price of Rs.33.33 per equity share which is higher than the buyback price of Rs.14.46 per share undertaken by Falcon on September 13, 2024.
- The company has filed compounding applications in respect of certain past non-compliances under the Companies Act, 2013, and may be subject to penalties or adverse regulatory action in connection therewith.
- The Company has, in the past, not complied with the requirements of Section 138 of the Companies Act, 2013 relating to the appointment of an internal auditor, which may expose it to regulatory actions and could adversely affect its business, financial condition and reputation.
- The company has significantly dependent on 7 Seas Impex for majority of the company sales outside Gujarat and exports, and any adverse development in this arrangement could materially and adversely affect its business, results of operations and financial condition.
- The company continued operations are dependent on a single Manufacturing Facility and are critical to the company business, and any disruption could materially and adversely affect its results of operations, cash flows, and financial condition.
- The company has entered into, and may in the future continue to enter into, transactions with related parties, which may potentially involve conflicts of interest.
- Any downgrade of the company credit ratings of outstanding borrowings could adversely affect its business.
- The valuation report obtained for the acquisition of Falcon Yarns Private Limited is based on certain assumptions and methods adopted by the valuer which may not adequately indicate its actual or future value.
- The company has issued equity shares during the one year preceding the date of the Draft Red Herring Prospectus at a price that may be lower than the Offer Price.
- The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.
Objectives Aastha Spintex IPO
1. Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
2. General Corporate Purpose
Company Contact Details
Aastha Spintex Ltd.
Survey No 1441 1442 1448/1 1449
1450/2 P2 & 1443/P2,
Halvad Maliya Highway, Halvad
Surendranagar, Gujarat, 363330
Phone: +91 90815 35400
Email: info@aasthaspintex.com
Website: http://www.aasthaspintex.com/
Registrar Contact Details
Aastha Spintex FAQs
The Aastha Spintex IPO is a MAINBOARD public issue comprising 12500000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹170.00 Cr. The issue price has been fixed at ₹136 per equity share, and the minimum application size is 110 shares.
The IPO opens for subscription on 29 Jun 2026, and closes on 01 Jul 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹5 (3.68%).
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