Aastha Spintex IPO to Open on June 29: Check Key Issue Details
Aastha Spintex Limited's ?170 crore IPO is slated to open for subscription on June 29, 2026, and will remain available to investors until July 1, 2026. The 100% book-built issue comprises only a fresh issue of equity shares, with no offer-for-sale component.
The company is expected to finalise the share allotment on July 2, 2026. Subject to regulatory approvals, Aastha Spintex shares are likely to make their stock market debut on both the BSE and NSE on July 6, 2026.
Aastha Spintex IPO - Issue Details
- Issue Type: Book Building IPO (Fresh Issue Only)
- Total Issue size: Up to ?170.00 crore
- Fresh Issue: Up to ?170.00 crore
- Face Value: ?10 per equity share
- Price Band: Yet to be announced?
- Lot Size: Yet to be announced?
- Listing: BSE, NSE
- Book Building Lead Managers: BOI Merchant Bankers Limited and PNB Investment Services Limited.
- Registrar: Bigshare Services Limited
Aastha Spintex IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event? |
Date |
|
Subscription Opening Date |
29 June 2026 |
|
Subscription Closing Date |
01 July 2026 |
|
Allotment Date |
02 July 2026 |
|
Refund Date |
03 July 2026 |
|
Credit of Shares |
03 July 2026 |
|
Listing on BSE and NSE |
06 July 2026 |
Note - The closing, allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
Aastha Spintex IPO Category-wise Investment Limits
The application size for each category is as follows -
|
Category |
Investment Range |
|
Qualified Institutional Buyers (QIBs) |
Not more than 50% of the Net Issue? |
|
Non-Institutional Investors (NIIs) |
Not less than 15% of the Net Issue? |
|
Retail Individual Investors (RII) |
Not less than 35% of the Net Issue? |
Utilisation of IPO Proceeds?
The company intends to utilise the net proceeds from the fresh issue towards:
- Part payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited.
- Inter-Corporate deposits for funding the working capital requirements of Falcon Yarns Private Limited.
- General corporate purposes.
About Aastha Spintex Limited
The company is engaged in manufacturing and trading cotton yarns and cotton bales, primarily serving the textile industry. Its product portfolio includes carded, combed, and compact-combed cotton yarns in counts ranging from Ne 26 to Ne 40, used across a wide range of applications, including denim, shirting, home textiles, terry towels, socks, and industrial fabrics.?
The company operates a semi-automated, integrated spinning and ginning facility in Halvad, Morbi, Gujarat, enabling it to process raw cotton into both cotton bales and value-added yarn.
The company follows a business-to-business (B2B) model, supplying textile manufacturers, fabric processors, exporters, and bulk buyers across India. Its integrated operations allow it to generate additional revenue from by-products such as cotton seeds and cotton waste generated during the ginning and spinning processes.?
|
Particulars? |
FY25?? (in ? crore) |
FY24? (in ? crore) |
FY23? (in ? crore) |
|
Revenue from Operations? |
351.16 |
304.86 |
239.27 |
|
Profit After Tax (PAT) |
22.92 |
16.29 |
1.06 |
|
EBITDA? |
46.36 |
34.25 |
11.60 |
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