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
- Part payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
- General Corporate Purposes
Financial Performance
(Rs. in crores)
| 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%
Management
Frequently Asked Questions
What is Aastha Spintex IPO?
When will Aastha Spintex IPO open?
What is the GMP of Aastha Spintex IPO?
What is the lot size of Aastha Spintex IPO?
When is the allotment of Aastha Spintex IPO?
What is the listing date of Aastha Spintex IPO?
What is the subscription of Aastha Spintex IPO?
What is the price band of Aastha Spintex IPO?
How to check allotment status of Aastha Spintex IPO?
How to apply Aastha Spintex IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Aastha Spintex IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Aastha Spintex IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Aastha Spintex IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date