Aastha Spintex
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Aastha Spintex
Price 125 to 136
GMP Rumors ₹6
Lot size 110
Issue size ₹170 Cr
Allotment 02-07-2026
Listing 06-07-2026
Suggestion May Apply
Allotment Status Bigshare
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About

BSE List Price : ₹130.00

NSE List Price : ₹130.00

subscription

CategoryTimes
QIBs 3.59x
HNIs 8.29x
Retail 2.54x
Total : 5.05x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 1 110 ₹14,960
Retail Maximum 13 1,430 ₹194,480
S-HNI Minimum 14 1,540 ₹209,440
S-HNI Maximum 66 7,260 ₹987,360
B-HNI Minimum 67 7,370 ₹1,002,320

About the Company

Aastha Spintex Limited, established in 2013, is engaged in the manufacturing and trading of carded, combed, and compact combed cotton yarn, along with cotton bales. The company utilizes cotton bales for two primary purposes: as a raw material for its own yarn production and for sale or supply to other spinning mills.

The cotton yarn manufactured by the company is used in both knitting and weaving applications. Its yarn finds usage across a wide range of products, including denim fabrics, terry towels, shirting fabrics, bed sheets, sweaters, socks, bottom wear such as trousers and leggings, home textiles, and industrial fabrics. The company operates a semi-automated spinning and ginning facility located in Halvad, Morbi, Gujarat. Additionally, it recycles cotton yarn waste generated during the textile manufacturing process to create value-added products.
 

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2023 ₹239.69 ₹238.39 ₹1.06 ₹172.59
2024 ₹305.67 ₹284.44 ₹16.29 ₹240.57
2025 ₹352.17 ₹320.08 ₹22.92 ₹274.20
Dec 2025 ₹314.02 ₹289.82 ₹17.56 ₹331.67

Company Promoter

Patel Divyang Jashwantbhai

Rasiklal Valjibhai Patel

Gothi Vivek Rasiklal

Jashwantbhai Valjibhai Patel

Know before investing

  • • Strengths

    Integrated spinning and ginning operations: The company’s integrated manufacturing setup enhances production efficiency, strengthens quality management, and supports better cost control.

    Renewable energy-backed production facilities: The adoption of renewable energy sources contributes to sustainable operations while helping lower overall manufacturing expenses.

  • • Risks

    Reliance on a major sales associate: A substantial portion of the company’s exports and out-of-state sales is dependent on 7 Seas Impex, resulting in customer concentration risk.

    Risk associated with acquisition and integration: The proposed deployment of IPO funds towards the acquisition of Falcon Yarns Private Limited may involve execution, financing, and post-acquisition integration risks.

Objects of the Issue & Utilisation of proceeds

Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited

Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited

General Corporate Purpose

Company  Address

Aastha Spintex Ltd.
Survey No 1441 1442 1448/1 1449
1450/2 P2 & 1443/P2,
Halvad Maliya Highway, Halvad
Surendranagar, Gujarat, 363330
Phone: +91 90815 35400
Email: info@aasthaspintex.com
Website: http://www.aasthaspintex.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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