Aastha Spintex Ltd.
Price Range
₹125–136
Issue Size
₹ 185 Cr
Lot Size
110 Shares
Min. Investment
₹ 13,750
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 35,116.02 | 30,486.16 |
| Other Income | 101.04 | 80.92 |
| Total Income | 35,217.06 | 30,567.08 |
| Total Expenses | 30,129.9 | 26,766.53 |
| Profit Before Tax | 3,266.89 | 2,122.74 |
| Total Profit | 2,349.83 | 1,628.76 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
29 Jun 2026
IPO Offer Ends
1 Jul 2026
Listing Date
6 Jul 2026
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Part Payment of the purchase consideration for the acquisition of Falcon Yarns | 1,115.1 |
| 2 | Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited | 100 |
| 3 | General Corporate Purpose | 404.736 |
Promoters
Promoter Shareholding
Pre-IPO
74.23%
Promoter stake
Post-IPO
53.20%
Promoter stake
Offered to Public
1,36,00,000
shares
Post Share Capital
2,34,86,509
shares
About the Company
We are engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. In Fiscal 2025, our Company has achieved the highest ROCE and RONW amongst its selected peers. Our 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. We have a semi-automated and integrated spinning and ginning Manufacturing Facility situated at Halvad, Morbi, Gujarat. We produce 100% cotton yarns in counts ranging from Ne 26 to Ne 40 which includes carded, combed and combed compact varieties ("Ne" refers to the English Cotton Count System, which is a standard way to measure the fineness or thickness of yarn. The higher the Ne, the finer the yarn). The ginning process converts raw cotton into cotton bales through stages of cleaning and separation, during which cotton seeds and other by-products are generated. While the cleaned lint is pressed into bales for supply to spinning mills, the separated cotton seeds are sold to industries engaged in oil extraction, animal feed, and other applications, thereby providing an additional revenue stream for our Company. A nominal portion of raw cotton is lost as non-recoverable waste during the process.
Use of Proceeds
1. Part of Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited;2. Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited; and3. General Corporate Purposes