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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Aastha Spintex Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹136
Per ShareLot Size
110 Shares
Minimum Investment
₹14,960
Issue Size
₹170 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
40%
QIB Quota
20%
NII Quota
40%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
74.23%
Promoter Holding (Post-Issue)
53.22%
Issue Type
Book Building
ISIN
INE2FMX01012
We are engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. In Fiscal 2025, our Company has achieved the highest ROCE and RONW amongst its selected peers. Our 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.
Our Company was originally incorporated as `Aastha Spintex Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 12, 2013, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, upon conversion of our Company into a public limited company, the name of our Company was changed to `Aastha Spintex Limited', pursuant to resolution passed by our Board of Directors on January 03, 2025, and the resolution passed by our shareholders at extra-ordinary general meeting on January 27, 2025. A fresh certificate of incorporation dated February 12, 2025, was issued by Registrar of Companies, Central Processing Centre consequent to the conversion.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Public offering of up to 1,25,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Aastha Spintex Limited (the "Company" or the "Issuer" for cash at a price of Rs. 136 per equity share (including a share premium of Rs. 126 per equity share) (the "Issue Price") aggregating up to Rs. 170.00 Crores ("Issue"). The issue shall constitute 28.32% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 136 per equity share of face value of Rs. 10 each. The floor price is 13.60 times the face value of the equity shares. Bids can be made for a minimum of 110 equity shares and in multiples of 110 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.