ICICI Securities Limited
BSE NSE

Aastha Spintex Limited

  • IPO Open Date
  • 29th Jun 2025
  • IPO Close Date
  • 1st Jul 2025
  • Allotment date
  • 2nd Jul 2025
  • Listing date
  • 6th Jul 2025
  • Issue Size
  • ₹ 170 Cr.
  • Issue Price Band
  • ₹ 125 to 136
  • Lot Size
  • 110 Share
  • Minimum Investment
  • ₹ 14960

About Aastha Spintex Limited

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.

Financials of Aastha Spintex Limited

Total Assets

Revenue

Profit after Tax

*All values are in Rs. Cr

Category Shares Offered Shares Applied Subscription Times (x)
QIBs Investor 2720000 8982380 3.30
Total HNIs Investor 5440000 41454490 7.62
Retail Investor 5440000 12690370 2.33
Shareholders Investor 0 0 0.00
Employee Investor 0 0 0.00
Total Subscription 13600000 63127240 4.64
Updated on 2026-07-05 00:35:15
GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
30-06-2026 136 ₹6.25 ₹142.25 ( 4.60% ) ₹687.50 30-Jun-2026 06:00 PM

Strengths of Company

  • Integrated ginning and spinning facility.
  • Renewable energy (solar & wind) usage.
  • Experienced promoters and management.
  • Consistent revenue and profit growth.
  • Diversified cotton yarn product portfolio.
  • Strong customer relationships.
  • Capacity expansion plans.

Risks of Company

  • Dependence on raw cotton prices.
  • Single manufacturing facility risk.
  • High customer concentration.
  • Working capital-intensive business.
  • Acquisition and integration risk.
  • Dependence on key reseller/export partner.
  • Regulatory and compliance risks.

IPO Lead Manager(s)

Lead Manager Details

  • Boi Merchant Bankers Limited

Aastha Spintex Limited FAQs

The Aastha Spintex Limited IPO is a MAIN IPO with a total issue size of ₹ 170 crores. The IPO price band is fixed at ₹125 to ₹136 per share, and the minimum lot size is 110 Shares. The Aastha Spintex Limited IPO will open on 29th Jun 2025, and will close on 1st Jul 2025. Bigshare Services Pvt.Ltd. has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE,NSE.

The Aastha Spintex Limited IPO opens on 29th Jun 2025 and closes on 1st Jul 2025.

The Aastha Spintex Limited IPO lot size is 110 Share, and the minimum amount required for application is ₹ 14960.

You can apply for the Aastha Spintex Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Aastha Spintex Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Aastha Spintex Limited IPO listing date is 6th Jul 2025.

IPO Registrar

  • Registrar Name
  • Bigshare Services Pvt.Ltd.
  • Phone
  • 8299481618
  • Contact Person
  • Mr. Babu Rapheal C.
  • SEBI Registration Number
  • INR000001385
  • Address
  • Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093, Maharashtra, India.

Company Contact Details

  • Company Name
  • Aastha Spintex Limited
  • Phone
  • 9081535400
  • Contact Person
  • Mr. Tushar Dhirubhai Devera
  • Corporate Identity Number
  • U17120GJ2013PLC076361
  • Address
  • Survey No. 1441, 1442, 1448/1, 1449, 1450/2 & 1443/P2, Halvad Maliya Highway, Halvad, Surendranagar – 363330, Gujarat, India
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