Aastha Spintex Limited IPO DRHP
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.
Aastha Spintex IPO Objects
- Part payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
- General Corporate Purposes
Aastha Spintex IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹160.00 Cr ( Shares) |
Offer For Sale₹0.00 ( Shares) |
Total Issue₹160.00 Cr ( Shares) |
Face Value₹10 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Aastha Spintex IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue | 3,511.60 | 3,048.62 | 2,392.65 |
| PAT | 234.98 | 162.88 | 10.58 |
| Net Worth | 1,216.34 | 763.78 | 600.09 |
| Borrowings | 950.51 | 828.59 | 810.06 |
| Assets | 977.90 | 995.14 | 1,049.82 |
| NAV (₹) | 44.01 | 27.97 | 21.97 |
| EPS (₹) | 8.50 | 5.96 | 0.39 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| 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.
Promoter Details
| Name | Shareholding |
|---|---|
| Patel Jashwantbhai | 17.91% |
| Rasiklal Patel | 16.68% |
| Gothi Rasiklal | 16.20% |
| Jashwantbhai Patel | 14.43% |
| Others | 9.01% |
| Total | 74.23% |
Management Details
| Name | Designation |
|---|---|
| Patel Jashvantbhai | Chairman & MD |
| Monpara Babula | CFO |
Company Details
Name: Aastha Spintex Limited
Address: Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad Maliya Highway, Halvad, Surendra Nagar-363 330, Gujarat, India
Number: 91 90815 35400
Email: info@aasthaspintex.com
Website: Www.Aasthaspintex.Com
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Find answers to common questions that come in your mind related to IPO.
Aastha Spintex IPO is a Mainboard IPO having an issue size of Rs. ₹160.00 Crs. Aastha Spintex IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Aastha Spintex IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Aastha Spintex IPO is ₹0 per share (-).
The minimum lot size of Aastha Spintex IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Aastha Spintex IPO is 11 Feb 26.
The listing date of Aastha Spintex IPO is 11 Feb 26.
Aastha Spintex IPO is subscribed -.
Aastha Spintex IPO is priced at ₹ - ₹ per share.
Click the allotment link on Aastha Spintex IPO page of IPO360.
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