Aastha Spintex will raise an amount of ₹160 crore through its IPO. The shares of this offering have a face value of ₹10 each. This IPO will debut on both NSE and BSE. Currently, information about the bidding period, allotment schedule, and market debut is not available.
The company has not yet released information on the lot size and pricing range. Allocation details for various investor types are awaited and will be shared post official disclosure.
Aastha Spintex IPO Details
Below are the key details investors should know about this offering:
| Particulars | Details |
| IPO Opens | Not Yet Announced |
| IPO Closes | Not Yet Announced |
| Face Value | ₹10 per share |
| Issue Type | Mainboard Bookbuilding |
| Issue Price | – |
| Price Band | Not Yet Announced |
| Lot Size | Not Yet Announced |
| Listing at | BSE, NSE |
| Fresh Issue | ₹160 crore |
| Offer for Sale(OFS) | – |
| Total Issue | ₹160 crore |
| Minimum Investment | – |
Aastha Spintex IPO Timeline
There is currently no official word on the schedule for the Aastha Spintex IPO. Key dates, including subscription period, allotment, refunds, and listing, will be shared after confirmation.
Aastha Spintex Key Performance Indicators
The following section outlines the KPIs of Aastha Spintex:
| KPIs | FY23 | FY24 | FY25 |
| ROE (%) | 1.78 | 23.88 | 23.73 |
| ROCE (%) | 4.58 | 18.95 | 19.12 |
| Debt Equity (times) | 1.35 | 1.08 | 0.78 |
| RoNW (%) | 1.76 | 21.32 | 19.32 |
| PAT Margin (%) | 0.44 | 5.34 | 6.69 |
| EBITDA margin (%) | 4.85 | 11.23 | 13.37 |
| Price Book Value | – | – | – |
Aastha Spintex Financials
The given table presents Aastha Spintex’s financial standing:
| Particulars (in ₹ lakh) | 2023 | 2024 | 2025 |
| Total Assets | 17,258.70 | 24,057.02 | 27,430.36 |
| Revenue | 23,969.22 | 30,567.08 | 35,217.06 |
| Profit | 129.56 | 1,636.89 | 2,358.91 |
Subscription Status of the Aastha Spintex IPO
The subscription details are not available currently as the bidding for the Aastha Spintex IPO is yet to open. Updated information will be shared once the issue opens for subscription.
During the IPO window, bids can be submitted each day from 10:00 AM to 5:00 PM.
Aastha Spintex IPO GMP
The grey market premium for the Aastha Spintex IPO has not been reported yet. Information on GMP movement, likely listing price, and expected returns will be updated when data from the unofficial market is accessible.
Note: GMP is only indicative and can fluctuate with demand, subscription levels, and market sentiment.
Aastha Spintex IPO Reservation
The breakdown of share allocation for different investor groups is shown below:
| Investor Category | Reservation |
| QIB Shares | Maximum 50% of the issue |
| NII (HNI) Shares | Minimum 15% of the issue |
| Retail Shares | Minimum 35% of the issue |
| Total Shares | 100% |
Aastha Spintex IPO Lot Size
The IPO lot size has not been disclosed yet. Details regarding minimum bid requirements and category-wise limits will be announced once the company releases official information.
Aastha Spintex IPO Anchor Investors
Information regarding anchor investors in the Aastha Spintex IPO is currently pending. Updates on bidding schedule, share allocation, portion size, and lock-in periods will be provided after the official announcement.
Aastha Spintex IPO Prospectus
Additional insights on this offering can be found in the documents mentioned below:
| Draft Red Herring Prospectus (DRHP) | |
| Red Herring Prospectus (RHP) | |
| Anchor Investors | – |
| Final Prospectus | Not Disclosed |
About Aastha Spintex
Aastha Spintex Limited was founded in August 2013. Patel Divyang Jashwantbhai leads the firm as the managing director along with promoters Gothi Vivek Rasiklal, Jashwantbhai Valjibhai Patel, and Rasiklal Valjibhai Patel. The company manufactures and trades cotton yarns (carded, combed, and compact) and cotton bales.
The company runs on a B2B model serving industries like textiles, apparel, and industrial fabrics. It operates a semi-automated integrated facility in Gujarat that produces yarns across various counts. Aastha Spintex maintains consistent output and reliable delivery through robust production and stringent quality standards.
| Book Running Lead Manager | PNB Investment ServicesBOI Merchant Bankers |
| Issue Registrar | Bigshare Services |
Aastha Spintex IPO Objectives
Capital raised via this issue is proposed to fulfill the objectives given below:
| Particulars | Amount (in ₹ lakh) |
| Allocation towards Falcon Yarns acquisition | 11,151 |
| General Corporate Uses | – |
Strengths of Aastha Spintex
Outlined below are the key factors that strengthen Aastha Spintex’s business:
- Integrated Manufacturing: From sourcing raw cotton to producing finished yarn, the company’s integrated setup ensures smoother operations and minimises delays.
- Customer Relationships: The business has built long-standing ties with key clients. Its focus on quality, customisation, and reliable delivery supports repeat business and strengthens its position.
- Strategic Location: The manufacturing unit in Gujarat is close to cotton-growing regions. Large available land supports expansion, and proximity to ports and highways ensures an efficient supply chain and distribution.
- Renewable Energy: Wind and solar power are used to meet the energy needs. It results in lower costs, lesser environmental impact, and adds to sustainability.
Risks of Aastha Spintex
It is essential to review the major risk factors related to Aastha Spintex before investing:
- Seasonal Operations: The seasonal nature of cotton supply impacts ginning activities, creating problems in sourcing and inventory control.
- Customer Concentration: A few key clients account for a significant revenue portion. Customer attrition or weakening demand impacts the sales and profitability.
- Reseller Dependence: The company’s sales beyond Gujarat and in international markets are handled by one reseller. Any disruption or changes in the contract with this partner can limit maker access and revenues.
- Cash Flow Volatility: Historical financials indicate periods of negative cash flow. Inability to generate cash on time can affect its ability to fund operations and support future expansion plans.
Aastha Spintex IPO Review
Astha Spintex IPO provides exposure to a growing company backed by integrated operations, a strong client base, and sustainable measures. The seasonal availability of cotton, instability in the cash flow, and reliance on external sellers remain the risk factors to watch out for.
With key details like price band and timeline pending, investors should track updates and evaluate business fundamentals before considering participation in this offering.
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Aastha Spintex IPO FAQs
Aastha Spintex IPO is a mainboard book-built issue of ₹160 crore, consisting entirely of a fresh issue of shares. The IPO will list on both NSE and BSE.
You can apply through ASBA via your bank account or through a registered stockbroker using UPI. Applications have to be submitted during the IPO bidding window once it is officially announced.
The IPO reflects a growing business with improving financials and integrated operations. However, risks like price volatility, seasonal dependency, and dependence on resellers should be considered before investing.
Expected returns cannot be determined yet as GMP, price band, and subscription details are unavailable. Listing performance will depend on demand, valuation, and overall market conditions.
The IPO opening date has not been announced yet. The company will proceed with the launch after completing the required formalities.
The lot size has not been disclosed so far. Details regarding minimum bid quantity and investment limits will be shared once officially announced.
The allotment date is yet to be confirmed. It will be announced after the IPO subscription period is finalised.
The listing schedule is currently unavailable. Shares are expected to be listed on NSE and BSE once the IPO process is completed.
