A

Aastha Spintex Ltd.

ListedListed on 6 Jul 2026-4.4%

Price Range

₹125–136

Issue Size

₹ 185 Cr

Lot Size

110 Shares

Min. Investment

₹ 13,750

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue35,116.0230,486.16
Other Income101.0480.92
Total Income35,217.0630,567.08
Total Expenses30,129.926,766.53
Profit Before Tax3,266.892,122.74
Total Profit2,349.831,628.76

Subscription Details

4.64xTotal
Subscription
Retail
2.33x
NII - Small
0.00x
NII - Big
0.00x
QIB
3.30x
Employees
0.00x

IPO Timeline

IPO Offer Start

29 Jun 2026

IPO Offer Ends

1 Jul 2026

Listing Date

6 Jul 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Part Payment of the purchase consideration for the acquisition of Falcon Yarns 1,115.1
2Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited100
3General Corporate Purpose404.736

Promoters

Jashwantbhai Valjibhai Patel

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