Aastha Spintex Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹125 – ₹136
- Lot size
- 110 shares
- Issue amount
- ₹170 cr
- Total subscription
- 5.05×
- Opens
- 29 Jun 2026
- Closes
- 1 Jul 2026
- Allotment
- 2 Jul 2026
- Listing
- 6 Jul 2026
Offer at a glance
Issue overview
- Issue size
- 1,25,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,750
- Fresh issue
- ₹170 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,960
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,16,42,190
- Shares after issue
- 4,41,42,190
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 110 | ₹14,960 |
| sHNI | 14 | 1,540 | ₹2,09,440 |
| bHNI | 67 | 7,370 | ₹10,02,320 |
Share reservation
Subscription & GMP
Subscription by category
Reported 1 Jul 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 45,455 | 1,00,694 |
| HNIs(10L +) | 2,165 | 4,051 |
| HNIs (2-10L) | 1,082 | 7,139 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 34 | 122.16 |
| FIIs | 0 | 74.34 |
| FIs | 0 | 0.3 |
| Others | 0 | 47.52 |
| RETAIL | 68 | 172.59 |
| NIB | 68 | 563.78 |
| HNIs 2+ | 22.66 | 150.96 |
| HNIs 10+ | 45.34 | 412.83 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 5.56 | 8.29 | 5.96 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 11.46 | 18.93 | 21.32 |
| PRE IPO(PE) | 0 | 18.78 | 0 |
| POST IPO(PE) | 25.65 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Lagnam Spintex Limited | 11.15 | 81.15 | 10 | 68.41 | 10.64 | 7.28 |
| Pashupati Cotspin Limited | 106.54 | 87.36 | 1 | 9.78 | 8.35 | 0.82 |
| Aastha Spintex Limited | 18.78 | 136.00 | 10 | 43.8 | 18.93 | 8.29 |
| Ambika Cotton Mills Limited | 14.25 | 1,636.00 | 10 | 1,579.25 | 7.27 | 114.83 |
Company information
Company profile
Incorporated in 2013, Aastha Spintex Ltd. is engaged in manufacturing and trading carded, combed, and compact combed cotton yarns, along with cotton bales. Its cotton bales are used both for in-house yarn production and supplied to other spinning units, while its yarns serve knitting and weaving applications across diverse segments like denim, towels, shirting, sweaters, socks, and home textiles. The company operates a semi-automated, integrated spinning and ginning facility at Halvad, Morbi, Gujarat. Its product range also includes cotton bales and cotton yarn waste, the latter effectively reused within the textile production ecosystem.
Strengths
- Strong Presence in Textile Manufacturing: Engaged in yarn and textile production, catering to consistent demand from the textile and garment industry.
- Established Manufacturing Infrastructure: Modern production facilities help maintain product quality, operational efficiency, and scalable output.
- Growing Demand from Textile Sector: Increasing consumption of textiles and apparel supports long-term business growth opportunities.
Risk factors
- Raw Material Price Volatility: Fluctuations in cotton and yarn prices can directly impact margins and profitability.
- Working Capital Intensive Business: Requires continuous investment in raw materials, inventory, and receivables management.
- Highly Competitive Industry: Faces strong competition from organized and regional textile manufacturers, affecting pricing power.
Promoters
Patel Divyang Jashwantbhai
Rasiklal Valjibhai Patel
Gothi Vivek Rasiklal
Jashwantbhai Valjibhai Patel
Registrar & documents
Lead manager
Boi Merchant Bankers Limited, Pnb Investment Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad Maliya Highway, Halvad Surendranagar, Gujarat, 363330
+91 90815 35400
[email protected]Company website ↗Understanding AASTHA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.