Rupix

Aastha Spintex IPO

Aastha Spintex came to market through an IPO that opened on 29 June 2026 and closed on 1 July 2026, and the shares listed on 6 July 2026 on BSE, NSE. The price band was ₹125 to ₹136 per share and one lot was 110 shares, so the minimum application was ₹14,960. The issue size was ₹170 crore. The whole issue was fresh shares, so the money raised went to the company.

It listed at ₹130, a loss of 4.4% against the issue price of ₹136. Bigshare Services Pvt.Ltd. Reservation Category: Ret : 40% HNI : 40% QIB : 20% was the registrar to the issue, and BOI Merchant Bankers Ltd., PNB Investment Services Ltd were the lead managers.

Issue details

Issue type
Book Built Issue
Price band
₹125 to ₹136
Lot size
110 shares
Minimum investment
₹14,960
Face value
₹10 per share
Issue size
₹170 crore
Fresh issue
1,25,00,000 shares (aggregating up to ₹170 crore)
Listing at
BSE, NSE
Registrar
Bigshare Services Pvt.Ltd. Reservation Category: Ret : 40% HNI : 40% QIB : 20%
Lead managers
BOI Merchant Bankers Ltd., PNB Investment Services Ltd
Promoter holding before the issue
74.23%
Promoter holding after the issue
53.21%

Timeline

Opens
29 June 2026
Closes
1 July 2026
Allotment
2 July 2026
Listing
6 July 2026

Subscription status by day

As of 1 July 2026.

Day
1
2
3

Overall the issue was subscribed 5.05 times.

Listing day and after

Issue price
₹136
Listing price
₹130
Listing gain
−4.4%
Listed on
6 July 2026

About Aastha Spintex

Incorporated in the year 2013, Aastha Spintex Ltd., specializes in the production and distribution of carded, combed, and compact combed cotton yarns and bales.

These cotton bales are used by Aastha Spintex for their internal production of cotton yarns as well as distribution to other spinning companies and their products are used in knitting as well as weaving sectors and cover a wide range of end-use sectors which include denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles and industrial fabrics. Aastha Spintex operates a semi-automated and integrated Manufacturing Facility based in Halvad, Morbi, Gujarat.

As described in the offer document.

Objects of the issue

  • Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
  • General Corporate Purpose

Strengths

  • Integrated Spinning and Ginning Plant: The modern infrastructure of integrated plants ensures operational efficiency and cost-effectiveness.
  • Good customer relationship: Strong relationship with important customers enables a steady demand and consistent revenue flow.
  • Renewable energy-powered Manufacturing: The use of renewable energy infrastructure makes manufacturing sustainable and lowers the operational costs.

Risks

  • Dependence on important customer: Heavy dependence of the company on 7 Seas Impex for exporting and selling products outside Gujarat poses a significant concentration risk.
  • Integration risks: The planned use of IPO funds for acquisition of Falcon Yarns Private Limited can pose financial and integration risks.
  • Raw material dependent risk: Dependency on a small number of suppliers of raw cotton and cotton bales is risky.

Financials (₹ crore)

Metric31-Dec-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Patel Divyang Jashwantbhai, Rasiklal Valjibhai Patel, Gothi Vivek Rasiklal, Jashwantbhai Valjibhai Patel. Promoter holding 74.23% before the issue and 53.21% after.

Application sizes

Retail (min)
1 lot, 110 shares, ₹14,960
Retail(max)
13 lots, 1430 shares, ₹1,94,480
sHNI(min)
14 lots, 1540 shares, ₹2,09,440
sHNI(max)
66 lots, 7260 shares, ₹9,87,360
bHNI(min)
67 lots, 7370 shares, ₹10,02,320

Valuation

EPS Pre IPO
₹7.24
EPS Post IPO
₹5.30
P/E Pre IPO
18.78
P/E Post IPO
25.65
Price/Book
3.11
Market Cap
₹600.33 Cr

Registrar and allotment status

Registrar
Bigshare Services Pvt.Ltd. Reservation Category: Ret : 40% HNI : 40% QIB : 20%
Allotment status
https://ipo.bigshareonline.com/ipo_status.html
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Aastha Spintex IPO

What is Aastha Spintex IPO?

Aastha Spintex IPO was a ₹170 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹125–₹136 per share with a lot size of 110 shares (₹14,960). The IPO was open from June 29 to July 1, 2026 and was subscribed 5.05x. Shares listed on BSE and NSE on July 6, 2026 at ₹130, a 4.4% discount to the issue price of ₹136. Bigshare Services Pvt. Ltd. is the registrar. BOI Merchant Bankers Ltd.

and PNB Investment Services Ltd. are the book running lead managers.

What is the price band of Aastha Spintex IPO?

The price band of Aastha Spintex IPO is ₹125 to ₹136 per share.

What is the lot size of Aastha Spintex IPO?

The lot size of Aastha Spintex IPO is 110 shares.

What is the minimum investment for Aastha Spintex IPO?

The minimum investment for Aastha Spintex IPO is approximately ₹14,960 based on the upper price band.

What is the allotment date of Aastha Spintex IPO?

The allotment date of Aastha Spintex IPO is Jul 2, 2026.

What was the GMP of Aastha Spintex IPO before listing?

No GMP quote could be verified as recorded before Aastha Spintex IPO listed. A grey-market observation of ₹2 per share was recorded on 6 Jul 2026, 8:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹130. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has Aastha Spintex IPO share price performed since listing?

Aastha Spintex IPO listed on Jul 6, 2026. It was issued at ₹130.0(NSE) and is currently around ₹22.60 as on 2-Nov-2026 3:30 PM, which is approximately -83.4% versus issue price. The 52-week high is ₹70.01.

How to check Aastha Spintex IPO allotment status?

You can check Aastha Spintex IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aastha Spintex IPO allotment status on Rupix for quick and easy access.

What was the price band of the Aastha Spintex IPO?

₹125 to ₹136 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Aastha Spintex IPO?

One lot was 110 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,960.

What was the minimum investment in the Aastha Spintex IPO?

₹14,960, for one lot of 110 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Aastha Spintex IPO open and close?

It opened on 29 June 2026 and closed on 1 July 2026.

When was the allotment of the Aastha Spintex IPO?

The basis of allotment was published on 2 July 2026 by Bigshare Services Pvt.Ltd. Reservation Category: Ret : 40% HNI : 40% QIB : 20%, and allotted shares were credited to demat accounts before listing.

When did Aastha Spintex list on BSE, NSE?

The shares listed on 6 July 2026 on BSE, NSE, opening at ₹130.

How large was the Aastha Spintex IPO?

The issue size was ₹170 crore. The fresh issue was 1,25,00,000 shares (aggregating up to ₹170 crore).

How did the Aastha Spintex IPO perform on listing?

It listed at ₹130 against an issue price of ₹136, a loss of 4.4 percent on listing day.