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Open Date
Jun 29, 2026
Close Date
Jul 1, 2026
Min Investment
₹14,960
Lot Size
110 Shares
Issue Size
₹170 Cr
Price Range
₹125 - ₹125
Listing Date
Jul 6, 2026
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.
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|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
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IPO Doc
RHP PDFRevenue Growth
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Earning Expansion
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The company will use ₹10 crore for day to day business needs of Falcon Yarns Private Limited. Use ₹111.51 crore to partly fund Falcon Yarns acquisition payment. Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Working capital
5.8%
Capital expenditure
65.5%
General corporate purposes and issue expenses
28.5%
The company will use ₹10 crore for day to day business needs of Falcon Yarns Private Limited.
Use ₹111.51 crore to partly fund Falcon Yarns acquisition payment.
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
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In Cr.
Aastha Spintex
Survey No. 1441, 1442, 1448/1, 1449, 1450/2 P2 & 1443/P2, Halvad Maliya Highway, Halvad, Surendranagar, Gujarat - 363330.
The company has increased its spinning capacity from 2 MT/day to 2.5 MT/day through machinery upgrades and has invested in renewable energy to improve operating efficiency. It has also signed an agreement to acquire Falcon Yarns Pvt. Ltd., which is expected to increase its annual spinning capacity from 7,700 MT to 17,457 MT and strengthen its market position.
The company has reported delays in depositing GST, TDS and provident fund dues in recent years. While these have been regularised with interest payments, any future delays may lead to penalties and could affect the company's financial position and compliance record.
Cotton is the main key raw material and is sourced mainly through short-term purchase orders. Any disruption in supply, shortage of quality cotton or increase in cotton prices due to weather, government policies or global markets may increase costs and reduce margins.