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Mainboard IPOupcomingBoth

Aastha Spintex IPO

Aastha Spintex IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹160 Cr.

Price Band
TBA
GMP
Subscription
Listing

Overview

Aastha Spintex IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹160 Cr.

IPO Details

Aastha Spintex IPO is a mainboard initial public offering scheduled to open for subscription on Both. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue aggregates ₹160 Cr, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
Mainboard
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
₹160 Cr
Fresh issue
₹160 Cr
OFS
₹0 Cr
Exchange
Both
ISIN
TBA
Sector
Textiles

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Aastha Spintex IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIB (Qualified Institutional Buyers)Not more than 50%Mutual funds, FIIs, banks, insurance
NII / HNI (Non-Institutional)Not less than 15%Bids ≥ ₹2 lakh
Retail (RII)Not less than 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Aastha Spintex is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Aastha Spintex IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Aastha Spintex IPO allotment will be finalised by the registrar (Bigshare Services) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Aastha Spintex

Aastha Spintex Limited, incorporated in 2013, is a cotton-yarn spinning manufacturer producing carded, combed and compact-combed cotton yarns and cotton bales. The three-grade product portfolio targets distinct customer segments: carded yarn for high-volume hosiery + denim manufacturers; combed yarn for premium woven-and-knitted apparel customers; compact combed yarn for export-grade premium-shirting + suiting customers requiring strength + lustre + reduced hairiness. Indian cotton-yarn spinning is a mature industrial category with steady demand from domestic textile clusters (Surat + Tirupur + Bhiwandi + Coimbatore) and export-customer base across SE Asia + EU + US. Demand drivers through 2020-26 include India's textile-export expansion under PLI scheme, Make-in-India garment-manufacturing tailwinds, and the broader formalisation of unorganised spinning mills into modern compact-combed-capability operators. SEBI approved the IPO on 9 January 2026 (12-month launch window). The ₹160 crore mainboard IPO is 100% fresh issue — investor-friendly capital deployment with all proceeds reaching the operating business. BRLM BOI Merchant Bankers + registrar Bigshare Services indicate standard mainboard book-build setup.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Aastha Spintex prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Aastha Spintex IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Aastha Spintex's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Aastha Spintex — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Textiles sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Vardhman Textiles
Trident
Welspun India

Anchor Investors

Anchor investor bidding for Aastha Spintex typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • BOI Merchant Bankers

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Aastha Spintex received SEBI approval on 9 January 2026 (12-month launch window) for a ₹160 crore mainboard NSE+BSE IPO — 100% fresh-issue structure. As of publication, exact dates and price band not yet announced. The business positioning is cotton-yarn spinning with three product grades: carded yarn (high-volume hosiery + denim), combed yarn (premium woven-and-knitted apparel), and compact combed yarn (export-grade premium-shirting + suiting). The compact-combed capability is structurally interesting — premium yarn grades with higher per-unit pricing and stickier export-customer relationships than commodity-yarn operators. Indian cotton-yarn demand has steady multi-cycle drivers: PLI textile-export expansion, Make-in-India garment-manufacturing tailwinds, and the broader formalisation of unorganised spinning mills. Listed mainboard peers Vardhman Textiles, Trident, and Welspun India have demonstrated that integrated textile operators can sustain margins through commodity-cotton-price cycles when capacity-utilisation + product-mix discipline is in place. What's working: 100% fresh-issue means all ₹160 cr reaches operating business; compact-combed product grade provides premium-pricing positioning; structural textile-export PLI tailwinds; SEBI clearance (Jan 2026) positions for market-window timing; mainboard scale provides liquidity vs SME-tier alternatives. What's concerning: substantial public-data gap on price band, dates, financials, capacity numbers; cotton-input commodity-pricing exposure (raw cotton prices fluctuate creating margin volatility); competitive intensity in cotton-yarn category — Vardhman + Nahar Industries + many regional operators; spinning-mill capex-intensity vs ₹160 cr issue size; export-cycle dependency exposes to global apparel-demand cyclicality. Subscribe pre-RHP. 100% fresh-issue structure + compact-combed differentiation + structural textile-export tailwinds + mainboard scale create credible thesis. Wait for RHP with capacity numbers and financial granularity. Compare against Vardhman Textiles and Trident trailing multiples. Sizing moderate (5-10% of textile-thematic bucket).

How to Apply for Aastha Spintex IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Aastha Spintex IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on Both on .

Risk Factors

1. Cotton-input commodity-pricing exposure — raw-cotton price volatility creates margin volatility. 2. Competitive intensity — Vardhman, Nahar, many regional spinning operators. 3. Spinning-mill capex-intensity vs ₹160 cr issue size — additional capacity expansion may require follow-on capital. 4. Export-cycle dependency exposes to global apparel-demand cyclicality. 5. Substantial public-data gap on price band, dates, financials, capacity numbers.

Aastha Spintex IPO — FAQs

What is Aastha Spintex IPO?
Aastha Spintex IPO is a mainboard initial public offering listing on Both. The issue opens on — and closes on — with a price band of TBA per share.
What is the Aastha Spintex IPO price band?
The price band for Aastha Spintex IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Aastha Spintex IPO lot size?
The minimum lot size for Aastha Spintex IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Aastha Spintex IPO opening date?
Aastha Spintex IPO opens for subscription on — and closes on —.
When is the Aastha Spintex IPO allotment date?
Basis of allotment is expected on —. Check your status on Bigshare Services's website using your PAN.
When is the Aastha Spintex IPO listing date?
Aastha Spintex shares are expected to list on Both on —.
What is the GMP of Aastha Spintex IPO?
GMP for Aastha Spintex is not currently tracked.
Who is the registrar of Aastha Spintex IPO?
Bigshare Services is handling allotment, refunds, and dematerialisation for Aastha Spintex IPO.
How can I apply for Aastha Spintex IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Aastha Spintex IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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