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Aastha Spintex IPO: Date, Price, & GMP

Aastha Spintex IPO

Summary
Aastha Spintex plans to raise ₹160 crore through a mainboard IPO consisting entirely of fresh shares.
Most IPO proceeds will be allocated toward acquiring Falcon Yarns Private Limited.
The company’s financial performance has strengthened, with higher revenue, profit, and return ratios in recent years.

Aastha Spintex IPO is a mainboard issue raising ₹16,000.00 lakhs (₹160.00 crore) through bookbuilding, comprising a fresh issue of shares at face value of ₹10/share.

The IPO dates and other details are yet to be announced. It will be updated once it is officially released by the company.

Aastha Spintex IPO–Key Details

An overview of the Aastha Spintex IPO is provided in the following table: 

IPO Open 
IPO Close
Face value₹10.00/share
Price Band
Issue price
IPO Lot Size
Offer-for-sale
Fresh issue₹16,000 lakhs 
Issue Type Mainboard/Book-built
ListingNSE and BSE 
Total Issue Size (₹ Crore)₹16,000 lakhs 
Minimum Investment (Retail)

Aastha Spintex IPO–Timeline

The dates for the Aastha Spintex IPO have not been announced yet. 

The IPO timeline will be updated once the company officially releases the schedule.

Aastha Spintex Limited–Key Performance Indicators (KPIs)

The following table highlights the financial performance and ratios of Aastha Spintex Ltd, helping investors assess the company’s operational efficiency and financial position. 

KPIs202520242023
ROE (%)23.73 23.88 1.78
ROCE (%)19.1218.95 4.58
Debt-Equity Ratio (in times)0.78 1.08 1.35 
RoNW (%)19.32 21.32 1.76 
PAT Margin (%)6.695.340.44 
EBITDA Margin (%)13.3711.234.85
Price-Book Value

Aastha Spintex Limited–Financial Information

202520242023
Revenue35,116.02 30,486.16 23,926.50 
Assets27,430.36 24,057.02 17,258.70 
Profit After Tax2,349.83 1,628.76 105.83 

(Amount in ₹ lakhs)

Aastha Spintex IPO–Subscription Status

Subscription data is not yet available!

It will be updated once the bidding process begins. 

You will be able to submit applications between 10:00 AM and 5:00 PM on the days the issue is open for subscription. 

Aastha Spintex IPO–Grey Premium Market (GMP)

The GMP for the Aastha Spintex IPO has been available for only a couple of sessions, and it is too early to identify a clear trend. 

The GMP data is updated daily, so stay tuned for the latest grey market premium, expected listing price, and other IPO-related updates. 

DateGMP (₹)Est. Listing PriceEst. Listing Profit TrendLatest Updated
11 June 2026₹0.00₹0.00(0.00%)₹0.00 11/06/2026 (05:55 AM)
10 June 2026₹0.00₹0.00(0.00%)₹0.0002/06/2026 (09:40 AM)

Note: The GMP reflects the unofficial trading value of IPO shares before listing and can fluctuate over time based on market conditions and investor sentiment. 

Aastha Spintex IPO–Reservation 

The table below summarises the allocation of the issue among different classes of investors. 

Investor Classification% Allocation
QIBsMaximum 50% of the Net Issue
NIIsMinimum 35% of the Net Issue
Individual InvestorMinimum 15% of the Net Issue
Total100%

Aastha Spintex IPO–Lot Size

The company is yet to disclose the IPO lot size. 

Aastha Spintex IPO–Anchor Investors Details

Updates relating to anchor investors will be added once officially disclosed. 

Aastha Spintex IPO–Prospectus

For detailed disclosures and updates, please refer to the official documents filed with SEBI and made available by the company. 

DRHP

About Aastha Spintex Limited

Founded on: 12 August 2013

Chairman and Managing Director: Patel Divyang Jashvantbhai 

Aastha Spintex Limited is a textile company primarily involved in producing various types of cotton yarn and dealing in cotton bales.

The company operates a semi-automated spinning and ginning facility in Halvad, Morbi, Gujarat, where key manufacturing processes are carried out under an integrated setup. 

The company supplies its products to textile producers, fabric processing units, exporters, and other large-scale commercial buyers, focusing entirely on the B2B market. 

Name
Book Running Lead Managers (BRLM)BOI Merchant Bankers Ltd 
PNB Investment Services Ltd 
IPO Registrar Bigshare Services Private Ltd

Aastha Spintex Limited Objectives 

Details of the proposed use of the net issue proceeds are provided in the table below. 

Particulars Amount (in ₹ lakhs)
Partial payment towards the acquisition of Falcon Yarns Private Limited11,151 
Corporate requirements

Aastha Spintex Limited–Strengths

  • Integrated Manufacturing Infrastructure: The company operates a fully integrated cotton infrastructure with advanced technology to produce a diverse range of quality yarn products.
  • Strong Customer Relationships: Over a decade of industry experience and a customer-focused approach have built strong relationships, repeat business and a growing market presence. 
  • Strategic Location and Expansion Scope: The manufacturing facility benefits from strong logistics connectivity, adequate storage infrastructure, and substantial space for future expansion.
  • Renewable Energy Infrastructure: Solar and wind power facilities meet around 80% of energy needs, reducing costs, improving sustainability, and strengthening long-term operational resilience. 

Aastha Spintex Limited–Risks

  • Dependence on Sales Partner: A significant share of non-Gujarat and export sales relies on a single distribution partner.
  • Acquisition Execution Risk: The proposed Falcon Yarns acquisition may involve funding, timing, and post-acquisition integration challenges.
  • Raw Material Supply Risk: Dependence on a limited supplier base and cotton price fluctuations may affect operations and profitability.
  • Concentrated Customer Base: The company derives a considerable portion of its income from selected customers. 

Aastha Spintex IPO–Review

Aastha Spintex is an integrated cotton spinning and ginning business with improving financial performance. The company’s revenue and profit have shown consistent growth, while profitability and return ratios have strengthened significantly in recent years.

The company also benefits from renewable energy infrastructure and expansion potential. However, investors should monitor customer concentration, supplier dependence, and acquisition-related risks. 

With GMP activity still limited and major IPO details still pending, a better assessment may emerge after further disclosures.

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Aastha Spintex IPO FAQs

What is the Aastha Spintex IPO?

The Aastha Spintex IPO is a mainboard book-built public issue through which the company plans to raise ₹160 crore. The issue consists entirely of a fresh issue of equity shares, with further details awaited.

How to apply for the Aastha Spintex IPO?

Investors can apply for the Aastha Spintex IPO through the ASBA facility of their bank or through supported online trading and demat platforms once the subscription period opens.

Is the Aastha Spintex IPO good or bad?

The company has reported improving financial performance and operates an integrated manufacturing setup. However, you must evaluate the acquisition plans, customer concentration risks, and valuation details before investing.

What are the expected returns from the Aastha Spintex IPO?

The expected returns cannot be determined at this stage because the IPO price band has not been announced, and GMP activity remains limited, offering little indication of listing performance.

When will the Aastha Spintex IPO open?

The Aastha Spintex IPO dates have not been announced yet. The company is expected to release the subscription schedule in its final offer documents.

What is the lot size of the Aastha Spintex IPO?

The Aastha Spintex IPO lot size has not been disclosed. The information will be updated once the company announces the final IPO terms.

When is the Aastha Spintex IPO allotment?

The allotment date has not been announced yet. Updates will be provided once the final IPO details are disclosed by the company.

When is the listing date of the Aastha Spintex IPO?

The listing date of the Aastha Spintex IPO is yet to be announced. The shares are proposed to be listed on the NSE and BSE after the IPO process concludes.

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Rohan Malhotra

Rohan Malhotra is an avid trader and technical analysis enthusiast who’s passionate about decoding market movements through charts and indicators. Armed with years of hands-on trading experience, he specializes in spotting intraday opportunities, reading candlestick patterns, and identifying breakout setups. Rohan’s writing style bridges the gap between complex technical data and actionable insights, making it easy for readers to apply his strategies to their own trading journey. When he’s not dissecting price trends, Rohan enjoys exploring innovative ways to balance short-term profits with long-term portfolio growth.

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