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BSE, NSE

Aastha Spintex Ltd

Listed

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.

Issue details

Price band

₹125 – ₹136

Face value

₹10

Lot size

110 shares

Minimum investment

₹14,960

Issue size

₹170.00 Cr

Fresh issue

₹170.00 Cr

Offer for sale

—

Issue type

Book Built

Exchange

BSE, NSE

Key dates

Opens

29 Jun 2026

Closes

1 Jul 2026

UPI mandate cut-off

5:00 PM on 1 Jul 2026

Allotment

2 Jul 2026

Refunds

3 Jul 2026

Shares in demat

3 Jul 2026

Listing

6 Jul 2026

Subscription and listing

Subscription

4.97x

Listing price

₹130

Registrar

Bigshare Services Pvt Ltd

Lead manager

BOI Merchant Bankers, PNB Investment Services

Subscription by category

Total

4.97x

Total applications

1,08,233

Listing day

Issue price

₹136

Open

₹130.00

High

₹136.50

Low

₹130.00

Day close

₹136.49

Listing gain at open

-4.41%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

25,00,000

20.00%

NII Shares Offered

50,00,000

40.00%

bNII > ₹10L

33,33,334

26.67%

sNII < ₹10L

16,66,666

13.33%

Retail Shares Offered

50,00,000

40.00%

Total Shares Offered

1,25,00,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 15%, PAT up 41%, ROE 12.80%, D/E 0.66, post-issue P/E 25.65x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

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.

Founded

2013

2013

Promoters

Patel Divyang Jashwantbhai, Rasiklal Valjibhai Patel,

Patel Divyang Jashwantbhai, Rasiklal Valjibhai Patel,

Promoter holding

74.23% pre-issue; 53.21% post-issue

74.23% pre-issue; 53.21% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Dec 2025

Dec 2025

314.02

314.02

35.25

17.56

17.56

153.18

—

—

331.66

FY25

FY25

352.17

352.17

46.36

22.92

22.92

121.05

—

—

274.20

FY24

FY24

305.67

305.67

34.25

16.29

16.29

76.38

—

—

240.57

FY23

FY23

239.69

239.69

11.60

1.06

1.06

60.01

—

—

172.59

ROE

12.80%

ROCE

12.13%

Debt / equity

0.66

PAT margin

5.60%

P/E post issue

25.65

Market cap

₹600.33 Cr

Use of IPO money

Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited

₹111.51 Cr

Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited

₹10.00 Cr

General Corporate Purpose

₹40.47 Cr

Issue Expenses

₹8.02 Cr

Strengths

✓

: Fully integrated cotton spinning infrastructure with modern technologies to support our product portfolio

✓

Long standing relationship with key customers

✓

Revenue up 15% in FY25 to ₹352.17 Cr

✓

PAT up 41% in FY25 to ₹22.92 Cr

✓

Moderate leverage: debt to equity 0.66

Risks to watch

!

Modest PAT margin of 5.60%

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.