Aastha Spintex IPO
Price band
₹126 – ₹136
Lot size
109 shares
Min investment
₹14,824
Issue size
₹170 Cr
IPO schedule
| Open date | 29 Jun 2026 |
| Close date | 1 Jul 2026 |
| UPI mandate cut-off | 1 Jul 2026 |
| Allotment finalisation | 2 Jul 2026 |
| Refund initiation | 3 Jul 2026 |
| Shares credited to demat | 3 Jul 2026 |
| Listing date | 6 Jul 2026 |
| Mandate end date | 15 Jul 2026 |
| Anchor lock-in (50%) | 31 Jul 2026 |
| Anchor lock-in (remaining) | 29 Sept 2026 |
Issue size
About Aastha Spintex
Aastha Spintex Limited is a textile manufacturing company engaged in the production and sale of cotton yarn and cotton bales. The company operates an integrated manufacturing facility at Halvad, Gujarat, with ginning and spinning operations. Its product portfolio includes compact yarn, combed yarn, carded yarn, cotton bales, and cotton waste by-products, which are supplied to customers in the textile industry for applications such as apparel, denim, knitted fabrics, home textiles, and towels. The company generates revenue primarily from the manufacture and sale of cotton yarn and cotton bales, and also undertakes trading of cotton yarn. Its manufacturing facility has an installed capacity of 25,920 spindles, annual cotton yarn production capacity of 7,700 MT, and annual cotton bale production capacity of 12,000 MT. The company serves customers across India and also caters to export markets through reseller arrangements.
Strengths
- The company operates an integrated ginning and spinning facility at a single manufacturing location.
- It manufactures a range of cotton yarn products along with cotton bales and cotton waste.
- The manufacturing facility has a capacity of 25,920 spindles with cotton yarn and cotton bale production capabilities.
- The company has a dedicated quality control and product development team for testing products at different production stages.
- Revenue from operations and profitability have grown over the reported financial periods.
Risks
- A major portion of sales outside Gujarat and exports depends on a single reseller, 7 Seas Impex.
- The company’s operations depend on a single manufacturing facility, making it vulnerable to disruptions.
- The company has entered into related-party transactions and may continue to do so in the future.
- Demand may shift from cotton yarn to synthetic fibres, which could affect sales and profitability.
- Under-utilisation of manufacturing capacity could adversely impact business performance and profitability.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.