Aastha Spintex IPO GMP today is Rs 5. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
AASTHA
Aastha Spintex IPO GMP & Allotment
Aastha Spintex Limited is a textile manufacturing company engaged in producing and selling cotton yarn and cotton bales. The company operates an integrated manufacturing facility at Halvad, Gujarat, with ginning and spinning operations. Its product portfolio includes compact yarn, combed yarn, carded yarn, cotton bales, and cotton waste by-products, which are supplied to customers in the textile industry for applications such as apparel, denim, knitted fabrics, home textiles, and towels. The company generates revenue primarily from the manufacture and sale of cotton yarn and cotton bales, and also trades in cotton yarn. Its manufacturing facility has an installed capacity of 25,920 spindles, annual cotton yarn production capacity of 7,700 MT, and annual cotton bale production capacity of 12,000 MT. The company serves customers across India and also caters to export markets through reseller arrangements.
- IPO Price Band
- ₹125.00 - ₹136.00
- Lot Size
- 110 Shares
- Bidding Closes
- 01 Jul 2026
- Listing Date
- 06 Jul 2026
Quick Answer & Highlights
Aastha Spintex IPO GMP Today & Key Takeaways
Last updated: 30 Jun 2026
Aastha Spintex IPO officially listed on 06 Jul 2026 at Rs 130.00, delivering a -4.41% listing gain compared to its issue price of Rs 136.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹5.
Aastha Spintex IPO officially listed on 06 Jul 2026 at ₹130.00, delivering a -4.41% listing gain compared to its issue price of ₹136.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹5.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹5 | +3.68% vs upper band (30 Jun 2026) |
| Est. Listing Price | ₹130.00 | -4.41% Est. Listing Gain |
| Price Band | ₹125.00 - ₹136.00 | Mainboard IPO |
| Retail Minimum Investment | ₹14,960 | 1 Lot (110 Shares) |
| Bidding Window | 29 Jun 2026 – 01 Jul 2026 | Listed |
| Allotment & Listing Dates | Allotment: 02 Jul 2026 | Listing: 06 Jul 2026 |
Current GMP Status
₹5
+3.68% vs upper band
Est. Listing Gain
-4.41%
Last Trend
30 Jun 2026
Listing Price
₹130.00
Retail Entry
₹14,960
IPO Details
Complete IPO information
| IPO Open Date | 29 Jun 2026 |
|---|---|
| IPO Close Date | 01 Jul 2026 |
| IPO Price Band | ₹125.00 - ₹136.00 |
| Lot Size | 110 Shares |
| Current GMP | ₹5 |
| Estimated Listing Gain | -4.41% |
| Issue Size | Approx ₹170 Cr |
| Fresh Issue | Approx ₹170 Crores |
| Issue Type | Mainboard |
| IPO Listing | BSE, NSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 4.64x |
| Minimum Investment | ₹14,960 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Aastha Spintex is priced at ₹136 per share. With a minimum lot size of 110 shares, a retail investor applying for one lot would need approximately ₹14,960 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Aastha Spintex stands at ₹5, implying an estimated listing gain of around 3.68% over the issue price if it holds until listing. This is up ₹0.5 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Aastha Spintex's IPO was subscribed 4.64x overall, with a category-wise breakdown of Retail 2.33x, QIB 3.3x.
Among the strengths highlighted in Aastha Spintex's IPO documents: The company operates an integrated ginning and spinning facility at a single manufacturing location.; It manufactures a range of cotton yarn products along with cotton bales and cotton waste..
Investors should also weigh the risk factors Aastha Spintex has disclosed, including: A major portion of sales outside Gujarat and exports depends on a single reseller, 7 Seas Impex..
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
29 Jun 2026
✓
Bidding Closes
01 Jul 2026
✓
Allotment
02 Jul 2026
✓
Listing
06 Jul 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 29 Jun 2026 | Completed |
| Bidding Closes | 01 Jul 2026 | Completed |
| Allotment | 02 Jul 2026 | Completed |
| Listing | 06 Jul 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 30 Jun 2026 | ₹6.00 | +₹0.50 | 4.41% |
| 29 Jun 2026 | ₹5.50 | - | 4.04% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 110 | ₹14,960 |
| Retail Maximum | 13 Lot | 1,430 | ₹1,94,480 |
| S-HNI Minimum | 14 Lot | 1,540 | ₹2,09,440 |
| S-HNI Maximum | 66 Lot | 7,260 | ₹9,87,360 |
| B-HNI Minimum | 67 Lot | 7,370 | ₹10,02,320 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- The company operates an integrated ginning and spinning facility at a single manufacturing location.
- It manufactures a range of cotton yarn products along with cotton bales and cotton waste.
- The manufacturing facility has a capacity of 25,920 spindles with cotton yarn and cotton bale production capabilities.
- The company has a dedicated quality control and product development team for testing products at different production stages.
- Revenue from operations and profitability have grown over the reported financial periods.
Risks
- A major portion of sales outside Gujarat and exports depends on a single reseller, 7 Seas Impex.
- The company’s operations depend on a single manufacturing facility, making it vulnerable to disruptions.
- The company has entered into related-party transactions and may continue to do so in the future.
- Demand may shift from cotton yarn to synthetic fibres, which could affect sales and profitability.
- Under-utilisation of manufacturing capacity could adversely impact business performance and profitability.
Analysis
Aastha Spintex IPO Reservation
Aastha Spintex IPO has reserved shares for different categories of investors as per the guidelines prescribed for mainboard book-built public issues. The allocation structure is designed to ensure participation from institutional investors, high-net-worth individuals, and retail investors.
Qualified Institutional Buyers (QIBs) have been allocated the largest share of the issue, followed by retail investors and Non-Institutional Investors (NIIs). The final allocation of shares will depend on the demand received during the subscription period.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) Excluding Anchor | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Analysis
Aastha Spintex IPO Anchor Investors
Aastha Spintex Limited may allocate a portion of its IPO to anchor investors prior to the opening of the public issue. Anchor investors generally include domestic mutual funds, insurance companies, foreign institutional investors, and other qualified institutional investors who participate before the IPO opens for subscription to the public.
The anchor investment portion helps create confidence in the issue and provides early institutional participation. The final anchor allocation details, subscription amount, and investor names are expected to be disclosed before the IPO opens for bidding.
| Particular | Details |
|---|---|
| Anchor Bidding Date | June 25, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date for 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date for Remaining 50% Shares (90 Days) | 2026 |
Analysis
Aastha Spintex IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Jun 2026 |
| IPO Close Date | 01 Jul 2026 |
| Basis of Allotment | 02 Jul 2026 |
| Refunds | 03 Jul 2026 |
| Credit to Demat Account | 03 Jul 2026 |
| IPO Listing Date | 06 Jul 2026 |
Note: The timeline for Aastha Spintex IPO is tentative and subject to change.
Analysis
Aastha Spintex IPO Promoters and Holding Pattern
Aastha Spintex Limited is promoted by Mr. Patel Divyang Jashwantbhai, Mr. Rasiklal Valjibhai Patel, Mr. Gothi Vivek Rasiklal, and Mr. Jashwantbhai Valjibhai Patel. The promoters possess extensive experience in the textile and spinning industry and have played a significant role in the company's growth and operational expansion over the years.
Before the public issue, the promoter group held a controlling stake in the company. Following the IPO, promoter shareholding will reduce due to dilution from the fresh issue of shares; however, the promoters will continue to retain majority ownership and management control of the business.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 3,16,42,190 | 74.23% |
| Promoter Holding Post Issue | 4,41,42,190 | 53.21% |
Analysis
Aastha Spintex Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | Crores |
| Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited | ₹1,115.10 |
| Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited | ₹100.00 |
| General Corporate Purpose | ₹- |
Note: Objectives are as specified in the DRHP/RHP documents of Aastha Spintex.
Analysis
Aastha Spintex - About IPO
Aastha Spintex Limited, founded in 2013, has been a prominent player in the manufacturing and trading of carded, combed, and compact combed cotton yarns and cotton bales. The firm uses its cotton bales in 2 ways: for its own cotton yarn manufacturing and for sale or supply to other spinning mills.
The cotton yarn that is produced is then used in both knitting and weaving processes. The firm uses yarn to make Denim fabric (jeans), Terry towels, Shirts (shirting), Bed sheets (sheeting), Sweaters, Socks, Bottom wear (pants, trousers, leggings, etc.), Home textiles, and Industrial fabrics. Moreover, the firm has a semi-automated spinning and ginning manufacturing facility situated in Halvad, Morbi, Gujarat. The company also recycles cotton yarn waste generated during textile production to produce other products.
Analysis
Aastha Spintex Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹184.81 | ₹154.97 | - | - |
| 2024 | ₹206.45 | ₹175.85 | - | - |
| 2025 | ₹322.58 | ₹261.43 | - | - |
| Dec 2025 | ₹236.50 | ₹186.96 | - | - |
Note: Financial numbers for Aastha Spintex are in ₹ Crores unless stated otherwise.
Analysis
Aastha Spintex Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 23.21% |
| ROCE | 18.89% |
| EBITDA Margin | 13.20% |
| PAT Margin | 6.53% |
| Debt to Equity Ratio | 0.79 |
| Earning Per Share (EPS) | 8.29 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 18.93% |
| Net Asset Value (NAV) | 43.80 |
Note: Valuation KPIs for Aastha Spintex are computed for FY2026.
Analysis
Aastha Spintex IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Powerica Limited | 15.26 | - | - | - | - |
| Cummins India Limited | 72.15 | - | - | - | - |
| Kirloskar Oil Engines Limited | 33.71 | - | - | - | - |
| NTPC Green Energy Limited | 0.67 | - | - | - | - |
| Acme Solar Holdings Limited | 4.55 | - | - | - | - |
| Adani Green Energy Limited | 8.37 | - | - | - | - |
Note: Peer group comparisons for Aastha Spintex are sourced from DRHP filings.
Analysis
IPO Lead Managers aka Merchant Bankers
- BOI Merchant Bankers Ltd.
- PNB Investment Services Ltd.
Comparison
Compare Aastha Spintex IPO with similar IPOs
FAQ
Aastha Spintex IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 5 and an issue price of Rs 136, the estimated listing price for Aastha Spintex IPO is Rs 141.00 (approx 3.68% listing gain). Actual listing price is determined by market demand on the listing day.
Aastha Spintex IPO price band is Rs 125.00 to Rs 136.00. Check the latest issue price, lot size and GMP together before applying.
Aastha Spintex IPO open date is 29 Jun 2026, close date is 01 Jul 2026, and listing date is 06 Jul 2026.
Aastha Spintex IPO lot size is 110 shares. The minimum retail investment is Rs 14,960.
Aastha Spintex is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Aastha Spintex IPO subscription status currently shows Retail 2.33x, QIB 3.3x, Overall 4.64x.
Aastha Spintex Limited is a textile manufacturing company engaged in producing and selling cotton yarn and cotton bales. The company operates an integrated manufacturing facility at Halvad, Gujarat, with ginning and spinning operations. Its product portfolio includes compact yarn, combed yarn, carded yarn, cotton bales, and cotton waste by-products, which are supplied to customers in the textile industry for applications such as apparel, denim, knitted fabrics, home textiles, and towels. The company generates revenue primarily from the manufacture and sale of cotton yarn and cotton bales, and also trades in cotton yarn. Its manufacturing facility has an installed capacity of 25,920 spindles, annual cotton yarn production capacity of 7,700 MT, and annual cotton bale production capacity of 12,000 MT. The company serves customers across India and also caters to export markets through reseller arrangements.
Aastha Spintex IPO issue size is 170 and the expected allotment date is 02 Jul 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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