Aastha Spintex IPO
GMP, Subscription, Price, Dates & Financial Details
Textile
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…
Open Date
Mon, 29 Jun 2026
Close Date
Wed, 01 Jul 2026
Price Band
₹ 125 – 136
Lot Size
110
Issue Size
₹ 170.00 Cr
Minimum Investment
₹ 14,960 (110 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Aastha Spintex IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹170.00 Crore, comprising a fresh issue of 1.25 Crore equity shares aggregating to ₹170.00 Crore.
The Aastha Spintex IPO remained open for subscription from June 29, 2026, to July 01, 2026. The basis of allotment was finalized on July 02, 2026, and the company's shares were listed on the NSE and BSE on July 06, 2026.
The company had fixed the price band at ₹125 to ₹136 per share, with a lot size of 110 shares. Retail investors were required to make a minimum investment of ₹14,960 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. BOI Merchant Bankers Ltd., and Pnb Investment Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Aastha Spintex Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Aastha Spintex IPO Timeline (Tentative)
- IPO Open Date
- Mon, 29 Jun 26
- IPO Close Date
- Wed, 01 Jul 26
- Basis of Allotment
- Thu, 02 Jul 26
- Initiation of Refunds
- Fri, 03 Jul 26
- Credit of Shares to Demat
- Fri, 03 Jul 26
- Listing Date
- Mon, 06 Jul 26 — NSE & BSE
Open Date
29 June 2026
Close Date
01 July 2026
Basis Of Allotment
02 July 2026
Listing Date
06 July 2026
IPO Subscription
Check Live Subscription →The Aastha Spintex IPO has received bids for 6,31,27,240 shares against 1,36,00,000 shares offered, resulting in an overall subscription of 4.64x. the NII category is subscribed 7.62x, Retail Investors 2.33x, and QIBs 3.3x. Within the NII category, BNII is subscribed 8.37x, while SNII is subscribed 6.12x.
QIB
3.3x
NII
7.62x
BNII
8.37x
SNII
6.12x
RII
2.33x
Total
4.64x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 54,40,000 shares, representing 40% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 27,20,000 shares (20%), while Non-Institutional Investors (NIIs) receive 54,40,000 shares (40%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 2,720,000 | 20% |
| Non-Institutional | 5,440,000 | 40% |
| BNII | 3,626,667 | 26.67% |
| SNII | 1,813,333 | 13.33% |
| Retail Investors | 5,440,000 | 40% |
| Total | 13,600,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Aastha Spintex Limited KPI Information
| 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 |
| Pat Margin % | 5.6 | 6.53 | 5.34 | 0.44 |
Peers Comparison
| 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 |
About Aastha Spintex Limited
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.
Aastha Spintex IPO 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%
Aastha Spintex IPO Objective
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
Aastha Spintex Limited Address / Contact Details
Aastha Spintex Limited
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
Aastha Spintex IPO Lot Size
The Aastha Spintex IPO has a lot size of 110 shares. Retail investors require a minimum investment of ₹14,960 by applying for 1 lot (110 shares). The maximum application allowed for the retail category is 13 lots (1,430 shares), requiring an investment of ₹1,94,480.
| 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 |
Issue Reservation
- QIB — 20%
- NII — 40%
- RII — 40%
Book Running Lead Managers
- BOI Merchant Bankers Ltd.
- Pnb Investment Services Ltd
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Aastha Spintex IPO?
Aastha Spintex IPO is a Book-building IPO with a total issue size of ₹170 crore. The Aastha Spintex IPO price band is ₹125 to 136 per share. The Aastha Spintex IPO subscription opens on Mon, Jun 29, 2026, and closes on Wed, Jul 1, 2026. The Aastha Spintex IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Aastha Spintex IPO.
When will the Aastha Spintex IPO open for subscription?
The Aastha Spintex IPO opens on Mon, Jun 29, 2026 and closes on Wed, Jul 1, 2026
What is Aastha Spintex IPO Price Band?
Aastha Spintex IPO Price Band is ₹125 to 136 per share.
What is Aastha Spintex IPO Lot Size?
Aastha Spintex IPO lot size is 110 shares, Retail investors need a minimum investment of ₹14960 based on the upper price band
What is the minimum investment for Aastha Spintex IPO?
The minimum investment for Aastha Spintex IPO is ₹14960, based on one lot of 110 shares at the upper price band of ₹136 per share.
How to apply for Aastha Spintex IPO?
Investors can apply for the Aastha Spintex IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jul 1, 2026. The application amount remains blocked until the Aastha Spintex IPO allotment is finalized.
What is Aastha Spintex IPO Issue Size?
Aastha Spintex IPO issue size is ₹170 crores.
What is the Aastha Spintex IPO Allotment Date?
Aastha Spintex IPO allotment date is Thu, Jul 2, 2026.
Who is the Aastha Spintex IPO Registrar?
The registrar for Aastha Spintex IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Aastha Spintex IPO allotment status, refund processing, and other IPO-related information.
What is the Aastha Spintex IPO GMP?
The Aastha Spintex IPO GMP (Grey Market Premium) is ₹5 as of Mon, Jul 6, 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 3.68% over the issue price.
Who is the Aastha Spintex IPO Lead Manager?
The book-running lead managers (BRLMs) for the Aastha Spintex IPO are BOI Merchant Bankers Ltd., and Pnb Investment Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Aastha Spintex IPO Red Herring Prospectus (RHP).