Aastha Spintex Limited IPO

Aastha Spintex Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

Total Issue

₹160.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

Astha Spintex is engaged in the manufacturing and trading of carded, combed and compact combed cotton yarns, along with cotton bales. The Company operates a semi-automated and fully integrated spinning and ginning facility located at Halvad, Morbi, Gujarat, spread over approximately 65,762 square meters. The facility is equipped to produce cotton bales and cotton yarns for both captive consumption and supply to third-party spinning units. The cotton yarns manufactured by Astha Spintex are widely used in knitting and weaving applications across diverse end-use segments, including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles and industrial fabrics. The Company operates exclusively under a business-to-business model, supplying its products to textile manufacturers, yarn exporters, bulk buyers and fabric processors across domestic markets.

Objects of Issue

  1. Part payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
  2. General Corporate Purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Aastha Spintex IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 351.16 304.86 239.27
PAT 23.50 16.29 1.06
Net Worth 121.63 76.38 60.01
Borrowings 95.05 82.86 81.01
Assets 97.79 99.51 104.98
NAV (₹) 44.01 27.97 21.97
EPS (₹) 8.50 5.96 0.39

KPIs

EBITDA

13.37%

PAT

6.69%

ROE

23.73%

ROCE

19.12%

Debt to Equity

0.78

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

74.23%

Public

25.77%

Patel Jashwantbhai 17.91%
Rasiklal Patel 16.68%
Gothi Rasiklal 16.20%
Jashwantbhai Patel 14.43%
Others 9.01%

Management

Patel Jashvantbhai Chairman & MD
Monpara Babula CFO

Registrar & Lead Managers

Frequently Asked Questions

What is Aastha Spintex IPO?
Aastha Spintex IPO is a Mainboard IPO having an issue size of ₹160.00 Crs. Aastha Spintex IPO is priced at ₹ - ₹ per share. The issue opens on 17 Apr 26 and closes on 17 Apr 26.
When will Aastha Spintex IPO open?
Aastha Spintex IPO opens on 17 Apr 26 and closes on 17 Apr 26.
What is the GMP of Aastha Spintex IPO?
The estimated Grey Market Premium of Aastha Spintex IPO is ₹0 per share (-).
What is the lot size of Aastha Spintex IPO?
The minimum lot size of Aastha Spintex IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Aastha Spintex IPO?
The allotment date of Aastha Spintex IPO is 17 Apr 26.
What is the listing date of Aastha Spintex IPO?
The listing date of Aastha Spintex IPO is 17 Apr 26.
What is the subscription of Aastha Spintex IPO?
Aastha Spintex IPO is subscribed -.
What is the price band of Aastha Spintex IPO?
Aastha Spintex IPO is priced at ₹ - ₹ per share.
How to check allotment status of Aastha Spintex IPO?
Click the allotment link on Aastha Spintex IPO page of IPO360.
How to apply Aastha Spintex IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Aastha Spintex IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Aastha Spintex IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Aastha Spintex IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date