Aastha Spintex IPO
Aastha Spintex Limited
Minimum investment
Aastha Spintex IPO Details
Bidding date
29 Jun - 01 Jul 2026
Price range
₹125 - ₹136
Minimum quantity
110
Minimum investment
₹13,750
Issue size
₹170 Cr.
IPO doc (link)
RHP docs
Listing exchange
NSE/BSE
Aastha Spintex IPO Dates & Timeline
IPO Objectives & Issue Structure
Total Issue Size:
₹170 Crore
Fresh Issue: 100% (₹170 Cr)
OFS: 0% (₹0 Cr)
Fresh Issue – ₹170 Crore
- Part Payment of Purchase Consideration for Acquisition of Falcon Yarns Private Limited - ₹111.51 Cr
- Inter-Corporate Deposits for Funding Working Capital Requirements of Falcon Yarns Private Limited - ₹10 Cr
Offer for Sale – ₹0 Crore
Before Issue: 74.23%
After Issue: 53.21%
Shareholder Lock-in Schedule
Lock-in / Stabilization | Timeline |
|---|---|
Minimum Promoters' Contribution (20% of post-issue share capital) | 3 Years (36 Months) from the date of allotment |
Promoters' Shareholding in excess of 20% | 1 Year (12 Months) from the date of allotment |
Note: Retail IPO investors have no lock-in and can sell shares from the listing day.
Aastha Spintex IPO Subscription Status
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 3.3x |
Retail Individual Investor | 2.33x |
Non-Institutional Investor | 7.62x |
Others | - |
Total | 4.64x |
About Aastha Spintex IPO: Company Overview
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 wide range of textile applications including denim, terry towels, shirting, sheeting, sweaters, socks, home textiles, industrial fabrics, and other woven and knitted products. The company operates a semi-automated and integrated spinning and ginning manufacturing facility located in Halvad, Morbi, Gujarat. Its product portfolio includes cotton yarn, cotton bales, and cotton yarn waste. As of December 31, 2025, the company employed 205 people across various functions. Aastha Spintex has established long-term customer relationships and focuses on operational efficiency through renewable energy integration and modern manufacturing technologies.
Strengths & Risks of Aastha Spintex IPO
Integrated Manufacturing Setup: The company operates an integrated spinning and ginning facility, allowing better control over raw material sourcing, production quality, and costs.
Strong Customer Relationships: Long-standing relationships with customers support recurring business and revenue stability.
Renewable Energy Advantage: Significant renewable energy infrastructure helps lower energy costs and supports sustainable operations.
Healthy Financial Performance: PAT increased from Rs. 1.06 Cr in FY23 to Rs. 22.92 Cr in FY25, while net worth grew from Rs. 60.01 Cr to Rs. 121.05 Cr during the same period.
Expansion-Oriented Strategy: The acquisition of Falcon Yarns and related working capital support could enhance future production capacity and business growth.
Textile Industry Cyclicality: The business is exposed to fluctuations in cotton prices, demand cycles, and global textile market conditions.
Margin Pressure: PAT margin declined to 5.60% as of December 2025 from 6.53% in FY25, indicating pressure on profitability.
Customer Concentration Risk: Dependence on key customers may affect revenue if major relationships weaken.
Acquisition Execution Risk: The success of Falcon Yarns' acquisition and integration will be important for achieving expected benefits.
Aastha Spintex Financials: Revenue, Profit & EBITDA
314.02 Cr.
Dec'25
17.56 Cr.
Dec'25
35.25 Cr.
Dec'25
How to Apply for Aastha Spintex IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.
Aastha Spintex IPO Market Sentiment: See How Many Are Interested
Will you apply for Aastha Spintex IPO?
57 investors voted
FAQs: Aastha Spintex IPO
Active IPOs | |
|---|---|
Company name | Bid starts |
Indo Mim | 23-07-2026 |
Lohia Corp | 23-07-2026 |
Xtranet Technologies | 23-07-2026 |
Cube Highways Trust | 22-07-2026 |
Metalic Technoforge | 21-07-2026 |