Incorporated in 2013, Aastha Spintex Ltd. is engaged in manufacturing and trading cotton yarn and cotton bales, serving a wide range of customers across the textile value chain. The company produces carded, combed, and compact-combed cotton yarns, along with cotton bales used both for its own yarn production and for supply to other spinning units.
Its yarn products cater to diverse end-use applications across the textile industry, including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. In addition to its core products, the company also generates and sells cotton yarn waste, an inevitable by-product of the spinning process that is reused within the textile ecosystem, creating an additional revenue stream.
Aastha Spintex operates a semi-automated and integrated spinning and ginning facility in Halvad, Morbi, Gujarat. The integrated setup enables the company to manage multiple stages of production efficiently while maintaining quality standards. Its manufacturing infrastructure is supported by adequate storage facilities and renewable energy capabilities, helping improve operational efficiency and cost management.
Backed by experienced promoters and management, the company has built long-standing relationships with customers while delivering consistent growth in its operating performance.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 20% | 27,20,000 crores |
| Non-Institutional Investors (NIIs) | 40% | 54,40,000 crores |
| Retail Individual Investors (RIIs) | 40% | 54,40,000 crores |
Aastha Spintex’s total income 352.17 by 15.21% and total expenses 0.00 by 0.00%, resulting in an EBITDA 46.36 by 35.36% and a profit after tax (PAT) 22.92 by 40.70% between March 31, 2025 and March 31, 2026.
352.1731 March 2026 | 305.6731 March 2025 | 239.6931 March 2024 |
46.3631 March 2026 | 34.2531 March 2025 | 11.631 March 2024 |
22.9231 March 2026 | 16.2931 March 2025 | 1.0631 March 2024 |
352.17
317
282
247
211
176
141
106
70
35
0.00
Integrated spinning and ginning facility equipped with modern manufacturing technologies
Diverse yarn portfolio catering to both knitting and weaving applications across multiple industries.
Strategic manufacturing location with sufficient storage capacity and scope for future expansion.
Renewable energy infrastructure supporting sustainable and cost-efficient operations.
Established relationships with key customers built over the years.
Experienced promoters and management team with a strong operational track record.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 02 Jul '26 | 06 Jul '26 | 03 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 1,36,00,000 shares (aggregating up to ₹14,960 crores) |
| Fresh Issue | 12,50,000 shares (aggregating up to ₹1,25,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 74.23 shares |
| Post-Issue Shareholding | 53.21 shares |
| Minimum Lot Size | 110 shares |
| Maximum Lot Size (Retail) | 3,630 shares |
The lot size of Aastha Spintex ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2 Halvad Maliya Highway Halvad Surendranagar
Bigshare Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| BOI Merchant Bankers Ltd | PNB Investment Services Ltd |