Aastha Spintex IPO
Open MainLineCurrent GMP
₹5 (+3.68%)
Price Band
₹ 125 – 136
Lot Size
110
Issue Size
₹170 Cr
Minimum Investment
₹14960 (110 Shares)
Listing Date
06 July 2026
Subscription
-
About the Company
Incorporated in 2013, Aastha Spintex Limited is engaged in the manufacturing and trading of carded, combed, and compact combed cotton yarns, along with cotton bales. The company serves a diverse customer base across the textile value chain by supplying high-quality raw materials and yarn products for various industrial and commercial applications.
The company's cotton bales are utilized both for captive consumption in its yarn manufacturing operations and for sale to other spinning mills. The cotton yarns produced by the company are widely used in knitting and weaving applications and cater to a broad range of end-use products, including denim fabrics, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
Aastha Spintex operates a semi-automated and integrated spinning and ginning manufacturing facility located at Halvad, Morbi, Gujarat. The integrated setup enables efficient production processes, quality control, and optimized utilization of raw materials.
Product Portfolio
1. Cotton Bales
Cotton bales are compressed and packaged bundles of ginned cotton produced after the ginning process, which separates cotton fibers (lint) from seeds and other impurities. These bales serve as a key raw material for spinning mills and are used both internally and supplied to external customers.
2. Cotton Yarns
The company manufactures a range of carded, combed, and compact combed cotton yarns that are suitable for various knitting and weaving applications. These yarns are used in the production of apparel, home furnishings, and industrial textile products.
3. Cotton Yarn Waste and By-products
Cotton yarn waste is generated during the pre-processing, spinning, and post-processing stages of yarn manufacturing. Although it is an inevitable by-product of the production process, the waste material is effectively recycled and reused within the textile ecosystem. These by-products find applications in open-end spinning, non-woven fabrics, recycled yarn manufacturing, and other value-added textile processes, contributing to resource efficiency and sustainability.
Promoters
- Patel Divyang Jashwantbhai
- Rasiklal Valjibhai Patel
- Gothi Vivek Rasiklal
- Jashwantbhai Valjibhai Patel
Promoters Holding
Holding Pre Issue
74.23%
Holding Post Issue
53.21%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
- General Corporate Purpose
Address / Contact Info
Aastha Spintex Ltd. Address
Survey No 1441 1442 1448/1 1449
1450/2 P2 & 1443/P2,
Halvad Maliya Highway, Halvad
Surendranagar, Gujarat, 363330
Email: info@aasthaspintex.com
Telephone: +91 90815 35400
Website:http://www.aasthaspintex.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 29 June 2026
IPO Close Date
Wednesday, 01 July 2026
Basis of Allotment
Thursday, 02 July 2026
Initiation of Refunds
Friday, 03 July 2026
Credit of Shares to Demat
Friday, 03 July 2026
Listing Date
Monday, 06 July 2026 — NSE & BSE
Important Dates
Open Date
29 June 2026
Close Date
01 July 2026
Basis Of Allotment
02 July 2026
Listing Date
06 July 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 331.66 | 274.2 | 240.57 | 172.59 |
| Revenue | 314.02 | 352.17 | 305.67 | 239.69 |
| Profit After Tax | 17.56 | 22.92 | 16.29 | 1.06 |
| Net Worth | 153.18 | 121.05 | 76.38 | 60.01 |
| Reserve & Surplus | 121.47 | 91.12 | 49.07 | 32.7 |
| Total Borrowings | 0 | 0 | 0 | 0 |
EPS Pre
7.24%
EPS Post
5.30%
P/E Pre
18.78
P/E (Post Issue)
25.65x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 12.8 | 23.21 | 23.88 | 1.78 |
| ROCE % | 12.13 | 18.89 | 18.95 | 4.58 |
| Debt / Equity | 0.66 | 0.79 | 1.08 | 1.35 |
| RoNW % | 11.46 | 18.93 | 21.32 | 1.76 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 5.6 | 6.53 | 5.34 | 0.44 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 2720000 | 20 | 0 |
| Non-Institutional | 5440000 | 40 | 0 |
| BNII | 3626667 | 26.67 | 0 |
| SNII | 1813333 | 13.33 | 0 |
| Retail Investors | 5440000 | 40 | 0 |
| Total | 13600000 | 100 | 0 |
Subscription Status
Subscriptions figures are shown once IPO opens.
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Aastha Spintex Ltd | 10 | 0.00 | 8.29 | 8.29 | 18.93 | 43.80 |
| Aastha Spintex Limited- Proforma Consolidated | 10 | 0.00 | 9.00 | 9.00 | 20.07 | 43.80 |
| Ambika Cotton Mills Ltd | 10 | 14.25 | 114.83 | 114.83 | 7.27 | 1579.25 |
| Lagnam Spintex Ltd | 10 | 11.15 | 7.28 | 7.28 | 10.64 | 68.41 |
| Pashupati Cotspin Ltd | 1 | 106.54 | 0.82 | 0.82 | 8.35 | 9.78 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 110 | 14,960.00 |
| Retail (Max) | 13 | 1,430 | 194,480.00 |
| S-HNI (Min) | 14 | 1,540 | 209,440.00 |
| S-HNI (Max) | 66 | 7,260 | 987,360.00 |
| B-HNI (Min) | 6,667 | 7,370 | 1,002,320.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- BOI Merchant Bankers Ltd.
- Pnb Investment Services Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Aastha Spintex IPO is a Book-building IPO worth ₹170 crores. The price band is ₹125 to 136 per share. The IPO opens on Mon, Jun 29, 2026 and closes on Wed, Jul 1, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Aastha Spintex IPO opens on Mon, Jun 29, 2026 and closes on Wed, Jul 1, 2026
Aastha Spintex IPO Price Band is ₹125 to 136.
Aastha Spintex IPO lot size is 110, and the minimum amount required for application is ₹14960.
The minimum investment for Aastha Spintex IPO is approximately ₹14960 based on the upper price band.
To apply for the Aastha Spintex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Jul 1, 2026. After submission, funds are blocked until the basis of allotment of Aastha Spintex IPO is finalised.
Aastha Spintex IPO issue size is ₹170 crores.
Aastha Spintex IPO allotment date is Sat, Jun 27, 2026.
The registrar for Aastha Spintex IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Aastha Spintex IPO through their official website or helpline.
The Aastha Spintex IPO GMP (Grey Market Premium) is ₹5 as of Sat, Jun 27, 2026. Based on the upper price band of ₹136 per share, the estimated Aastha Spintex IPO listing price is ₹141, indicating a potential listing gain of approximately 31% over the issue price.