Aastha Spintex IPO Day 3: Check GMP, Subscription Status & Key Highlights
The ₹170 crore Aastha Spintex IPO is in its final day of bidding today, July 1, 2026. The issue is being offered in a price band of ₹125 to ₹136 per share. As of 10:20 AM on Day 3, the IPO was subscribed 1.70 times, while the Grey Market Premium (GMP) was around ₹6.25 per share.
The basis of allotment is expected to be finalised on July 2, 2026. Following the allotment process, the shares are likely to be listed 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 (Retail): ₹14,960 per lot (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 to fund the 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 3 Subscription Status
[July 1, 2026, 10:20 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.94x |
|
Non-Institutional Investors (NIIs) |
2.64x |
|
Retail Individual Investors (RIIs) |
1.12x |
|
Total |
1.70x |
Aastha Spintex IPO GMP Today
According to media reports, the Aastha Spintex IPO was commanding a Grey Market Premium (GMP) of around ₹6.25 per share over the issue price today.
About Aastha Spintex Limited
Aastha Spintex Limited manufactures and trades cotton yarn and cotton bales for the textile industry. Its product portfolio includes carded, combed, and compact combed cotton yarn (Ne 26 to Ne 40), used in the manufacture of denim, shirting, home textiles, terry towels, socks, and industrial fabrics.
The company operates a semi-automated integrated spinning and ginning facility in Halvad, Morbi, Gujarat, supplying textile manufacturers, fabric processors, exporters, and other B2B customers across India. It also generates additional revenue from by-products such as cotton seeds and cotton waste.
Key Financial Highlights
|
Particulars |
FY25 (in ₹ Cr.) |
FY24 (in ₹ Cr.) |
FY23 (in ₹ Cr.) |
|
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 |
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