Aastha Spintex – IPO

The IPO of Aastha Spintex is structured as a fixed price issue totaling Rs 15.44 crores. The issue consists entirely of a fresh issue of 24.88 lakh shares, aggregating to Rs 15.44 crores. There is no offer for sale in the IPO.

The Aastha Spintex IPO opened for subscription on January 30, 2024, and closed on February 1, 2024. The finalization of the allotment took place on Friday, February 2, 2024. The shares were listed on NSE SME on Tuesday, February 6, 2024.

The issue price for the Aastha Spintex IPO was fixed at ₹62 per share. A minimum lot size of 2,000 shares was required for an application. The minimum investment amount required by retail investors was ₹124,000.

Refer to Aastha Spintex IPO RHP for brief information.

Aastha Spintex – IPO Details

IPO Date June 29, 2026 to July 1, 2026
Listing Date July 6, 2026
Face Value ₹ 10 / Share
Price Band ₹ 125 to ₹ 136 / Share
Lot Size 110 Shares
Total Issue Size 12500000
(Aggregating up to 170)
Fresh Issue 12500000
(Aggregating up to 170)
Offer for Sale
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Share holding pre issue 31642190
Share holding post issue 44142190
Market Maker portion

Aastha Spintex Timeline (Tentative Schedule)

Aastha Spintex IPO opens on June 29, 2026, and closes on July 1, 2026.

IPO Open Date June 29, 2026
IPO Close Date July 1, 2026
Basis of Allotment July 2, 2026
Initiation of Refunds July 3, 2026
Credit of Shares to Demat July 3, 2026
Listing Date July 6, 2026
Cut-off time for UPI mandate confirmation --

Aastha Spintex IPO Lot Size

Investors can bid for a minimum of 110 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 110 Rs.14,960
Retail (Max) 13 1,430 Rs.194,480
S-HNI (Min) 14 1,540 Rs.209,440
S-HNI (Max) 66 7,260 Rs.987,360
B-HNI (Min) 67 7,370 Rs.1,002,320
HNI (Min)

Aastha Spintex IPO Promoter Holding

Share Holding Pre Issue 3,16,42,190
Share Holding Post Issue 4,41,42,190

Aastha Spintex IPO Reservation

Aastha Spintex IPO comprises a total issue size of 1,25,00,000 shares. Out of which, 25,00,000 (20.00%) are allocated to QIB, 50,00,000 (40.00%) allocated to NII 50,00,000 (40.00%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered 25,00,000
20.00%		 NA
NII (HNI) Shares Offered 50,00,000
40.00%		 NA
bNII > ₹10L 33,33,334
26.67%		 2,164
sNII < ₹10L 16,66,666
13.33%		 1,082
Retail Shares Offered 50,00,000
40.00%		 45,454
Employee Shares Offered
Total Shares Offered 1,25,00,000
100.00%

Aastha Spintex IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Aastha Spintex

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.

Products:

  • Cotton Yarn: The company manufactures carded, combed, and compact combed cotton yarns used in knitting and weaving applications. These yarns cater to a wide range of end-use segments, including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
  • Cotton Bales: Cotton bales are compressed, packaged bundles of ginned cotton produced after separating lint from cotton seeds and impurities. The company uses cotton bales for captive consumption in yarn manufacturing and also supplies them to other spinning units.
  • Cotton Yarn Waste: Cotton yarn waste is generated during the spinning and post-processing stages and is reused within the textile ecosystem for various applications.

As at December 31, 2025, the company had an employee base of 205 employees in various departments.

Competitive Strengths:

  • Fully 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 facilities and scope for future expansion.
  • Strong Renewable Energy Infrastructure Enabling Sustainable and Cost-Efficient Manufacturing.
  • Delivering Strong financials and operating metrics.
  • Strong Promoters and Experienced Management Team.

Key Performance Indicator

KPI Values
ROE 12.80%
ROCE 12.13%
Debt/Equity 0.66
RoNW 11.46%
P/BV 3.11
PAT Margin (%) 5.60%
  Pre IPO Post IPO
EPS (Rs) 7.24 5.30
P/E (x) 18.78 25.65

Note:

Patel Divyang Jashwantbhai, Rasiklal Valjibhai Patel, Gothi Vivek Rasiklal and Jashwantbhai Valjibhai Patel

Objects of the Issue (Aastha Spintex IPO Objectives)

Aastha Spintex Contact Details

Aastha Spintex Ltd. Address

Survey No 1441 1442 1448/1 1449

1450/2 P2 & 1443/P2

Halvad Maliya Highway, Halvad

Surendranagar, Gujarat, 363330

Aastha Spintex IPO Registrar

Bigshare Services Pvt.Ltd.

Frequently Asked Questions

What is Aastha Spintex IPO?
The Aastha Spintex IPO is classified as an Mainline IPO. The issue price is set between ₹125 and ₹136 per equity share. A minimum of 110 shares is required per order. The IPO will be open from June 29, 2026, to July 1, 2026. The shares are proposed to be listed on BSE, NSE.
When does the Aastha Spintex IPO open and close?
The Aastha Spintex IPO will be opened on June 29, 2026, and closed on July 1, 2026.
What is the issue size of the Aastha Spintex IPO?
The size of the Aastha Spintex IPO is 170in total. A fresh issue of 12500000 shares, aggregating up to 170, is included.
What is the price band of the Aastha Spintex Limited IPO?
The price band for the IPO has been set between ₹125 - ₹136 per equity share.
What is the allotment date of the Aastha Spintex IPO?
The share allotment date for the Aastha Spintex IPO is set for July 2, 2026.
What is the Aastha Spintex listing date?
The Aastha Spintex IPO is scheduled to be listed on July 6, 2026.
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