Aastha Spintex IPO Details

Bookbuilding IPO | ₹170 Cr | Listed at BSE, NSE | Mon, Jun 29, 2026 - Wed, Jul 1, 2026

Aastha Spintex IPO Logo

Aastha Spintex IPO is a book build issue of ₹170.00 crores. The issue is entirely a fresh issue of 1.25 crore shares of ₹170.00 crore.

Aastha Spintex IPO bidding started from Jun 29, 2026 and ended on Jul 1, 2026. The allotment for Aastha Spintex IPO was finalized on Jul 2, 2026. The shares got listed on NSE and BSE on Jul 6, 2026.

Aastha Spintex IPO is set final issue price at ₹136 per share. The lot size for an application is 110 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,960 (110 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,540 shares), amounting to ₹2,09,440, and for bNII, it is 67 lots (7,370 shares), amounting to ₹10,02,320.

BOI Merchant Bankers Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.

Refer to Aastha Spintex IPO RHP for detailed Information.

IPO Open

Mon, Jun 29, 2026

IPO Close

Wed, Jul 1, 2026

Issue Price

₹136 per share

Market Cap (Pre-IPO)

₹600.33 Cr

IPO Details

IPO Date29 Jun to 1 Jul, 2026
Listed onMon, Jul 6, 2026
Face Value10 per share
Price Band₹125 to ₹136
Issue Price₹136 per share
Lot Size110 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size1,25,00,000 shares
(agg. up to ₹170 Cr)
Fresh Issue 1,25,00,000 shares
(agg. up to ₹170 Cr)
Share Holding Pre Issue3,16,42,190 shares
Share Holding Post Issue4,41,42,190 shares
BSE Script Code / NSE Symbol544808 / AASTHA
ISININE2FMX01012

IPO Timetable

Issue 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 % of Total Issue Max Allottees
QIB Shares Offered 25,00,00020.00%NA
NII (HNI) Shares Offered 50,00,00040.00%NA
  − bNII > ₹10L 33,33,33426.67%2,164
  − sNII < ₹10L 16,66,66613.33%1,082
Retail Shares Offered 50,00,00040.00%45,454
Total Shares Offered 1,25,00,000100.00%

IPO Lot Size

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

Application Lots Shares Amount
Retail (Min) 1 110 ₹14,960
Retail (Max) 13 1,430 ₹1,94,480
S-HNI (Min) 14 1,540 ₹2,09,440
S-HNI (Max) 66 7,260 ₹9,87,360
B-HNI (Min) 67 7,370 ₹10,02,320
IPO Subscription Details

About Aastha Spintex Ltd.

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.

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets331.66274.20240.57172.59
Total Income314.02352.17305.67239.69
Profit After Tax17.5622.9216.291.06
EBITDA35.2546.3634.2511.60
NET Worth153.18121.0576.3860.01
Reserves and Surplus121.4791.1249.0732.70
Amount in ₹ Crore

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Rachit Prints Ltd. SME ₹19.50 Cr ₹149 11.85 ₹113.25 -23.99% ₹205.00 (+0.00%)
Spunweb Nonwoven Ltd. SME ₹60.98 Cr ₹96 15.79 ₹158.55 +65.16% ₹110.95 (-1.11%)
Silky Overseas Ltd. SME ₹30.68 Cr ₹161 12.98 ₹162.45 +0.90% ₹107.90 (+2.76%)
Cedaar Textile Ltd. SME ₹60.90 Cr ₹140 12.07 ₹113.05 -19.25% ₹20.20 (+2.28%)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited 111.51
2 Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited 10.00
3 General Corporate Purpose 40.47
4 Issue Expenses 8.02
Total 170.00

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE12.80%23.21%
ROCE12.13%18.89%
Debt/Equity0.660.79
RoNW11.46%18.93%
PAT Margin5.60%6.53%
EBITDA Margin11.25%13.20%
Price to Book Value3.11
Pre IPOPost IPO
EPS (₹)7.245.30
P/E (x)18.7825.65
Promoter Holding74.23%53.21%
Market Cap600.33 Cr.
Patel Divyang Jashwantbhai, Rasiklal Valjibhai Patel, Gothi Vivek Rasiklal and Jashwantbhai Valjibhai Patel
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
ASL is engaged in the business of manufacturing and trading of various type of cotton yarns and cotton bales. The company is in the process of acquiring 100% equity in Falcon Yarns Pvt. Ltd. The company marked growth in its top and bottom lines for the reported periods. Based on its recent financial data, despite super profits, the issue appears aggressively priced. It is operating in a highly competitive and fragmented segment. . Only well-informed/cash surplus/risk seekers may park moderate funds for long term
Read detail review...

Aastha Spintex IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers1001
Members1000

IPO Subscription Status

The Aastha Spintex IPO is subscribed 5.05 times on July 1, 2026 6:54:47 PM (Day 3). The public issue subscribed 2.54 times in the retail category, 3.59 times in the QIB category, and 8.29 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
QIB (Ex Anchor)3.5925,00,00089,82,380
NII 8.2950,00,0004,14,54,490
    bNII (> ₹10L)9.1133,33,7503,03,54,830
    sNII (< ₹10L)6.6616,66,2501,10,99,660
Retail2.5450,00,0001,26,90,370
Total5.051,25,00,0006,31,27,240

Total Applications: 1,11,665

The company’s 2025 financials are taken from the pro forma consolidated statement, while the financials for 2024 and 2023 are from the standalone statements.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fixed fees payable to Book Running Lead Managers including Underwriting /Selling Commission to the BRLMs 2.02
2 Commission/processing fee for SCSBs, Sponsor Bank(s) and fees payable to sponsor bank(s) for bids made by RIIs, Bankers to the Issue(s), Brokerage and Syndicate Fees, bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs 0.99
3 Fees payable to the Registrar to the Issue 0.02
4 Listing fees, SEBI filing fees, upload fees, BSE and SE processing fees, book building software fees and other regulatory expenses 1.02
5 Printing and distribution of stationery 0.20
6 Advertising and marketing expenses 0.60
7 Fees payable to legal counsel 0.74
8 Fees payable to other advisors to the Issue, including but not limited to Statutory Auditors, industry report provider, practising company secretary, cost assessment report provider and independent chartered engineer 0.83
9 Miscellaneous expenses 1.59
Total 8.02

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price136.00136.00
Open130.00130.00
Low130.00130.00
High136.45136.50
Last Trade136.45136.49

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

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
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IPO FAQs

Aastha Spintex IPO is a main-board IPO of 1,25,00,000 equity shares of the face value of ₹10 aggregating up to ₹170 Crores. The issue is priced at ₹136 per share. The minimum order quantity is 110.

The IPO opens on Mon, Jun 29, 2026, and closes on Wed, Jul 1, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Aastha Spintex IPO using UPI as a payment gateway. Zerodha customers can apply in Aastha Spintex IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Aastha Spintex IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Aastha Spintex IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Aastha Spintex IPO opens on Mon, Jun 29, 2026 and closes on Wed, Jul 1, 2026.

Aastha Spintex IPO lot size is 110, and the minimum amount required for application is ₹14,960.

You can apply in Aastha Spintex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Aastha Spintex IPO will be done on Thursday, July 2, 2026, and the allotted shares will be credited to your demat account by Fri, Jul 3, 2026. Check the Aastha Spintex IPO allotment status.

The Aastha Spintex IPO listing date is on Mon, Jul 6, 2026.

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