The ₹170 crore Aastha Spintex IPO opened for subscription today, June 29, 2026, with a price band of ₹125 to ₹136 per share. As of 11:00 AM on Day 1, the issue was subscribed 0.14 times, while the Grey Market Premium (GMP) stood at around ₹5 over the issue price.

The issue will remain open until July 1, 2026. The basis of allotment is expected to be finalised on July 2, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on July 6, 2026.

Aastha Spintex IPO - Issue Details

Issue Type: Book Building IPO (Fresh Issue Only)
Total Issue Size: Up to ₹170.00 crore
Fresh Issue: Up to ₹170.00 crore
Face Value: ₹10 per equity share
Price Band: ₹125 to ₹136 per share
Lot Size: 110 shares

Minimum Investment Amount: ₹14,960 (110 shares) (based on upper price band)

Listing: BSE, NSE
Book Building Lead Managers: BOI Merchant Bankers Limited and PNB Investment Services Limited.
Registrar: Bigshare Services Limited

Utilisation of Aastha Spintex IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Part payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited.
Inter-Corporate deposits for funding working capital requirements of Falcon Yarns Private Limited.
General corporate purposes.

Aastha Spintex IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	29 June 2026
Subscription Closing Date	01 July 2026
Allotment Date	02 July 2026
Refund Date	03 July 2026
Credit of Shares	03 July 2026
Listing on BSE and NSE	06 July 2026

Note: The closing, allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Aastha Spintex IPO Day 1 Subscription Status

[June 29, 2026, 11:00 AM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.00
Non-Institutional Investors (NIIs)	0.25x
Retail Individual Investors (RIIs)	0.09x
Total	0.14x

Aastha Spintex IPO GMP Today

According to media reports, the Aastha Spintex IPO was commanding a Grey Market Premium (GMP) of around ₹5 over its issue price.

About Aastha Spintex Limited

The company is engaged in the manufacturing and trading of cotton yarns and cotton bales, catering primarily to the textile industry. Its product portfolio includes carded, combed, and compact combed cotton yarns in counts ranging from Ne 26 to Ne 40, which are used across a wide range of applications such as denim, shirting, home textiles, terry towels, socks, and industrial fabrics.

The company operates a semi-automated and integrated spinning and ginning facility at Halvad, Morbi, Gujarat, enabling it to process raw cotton into both cotton bales and value-added yarn products.

The company follows a business-to-business (B2B) model, supplying textile manufacturers, fabric processors, exporters, and bulk buyers across India. Its integrated operations allow it to generate additional revenue from by-products such as cotton seeds and cotton waste generated during the ginning and spinning processes.

Particulars	FY25 (in ₹ crore)	FY24 (in ₹ crore)	FY23 (in ₹ crore)
Revenue from Operations	351.16	304.86	239.27
Profit After Tax (PAT)	22.92	16.29	1.06
EBITDA	46.36	34.25	11.60