Aastha Spintex IPO Subscribed 0.95 Times on Day 1

No image 5paisa Capital Ltd - 2 min read

Last Updated: 29th June 2026 - 05:36 pm

Aastha Spintex Limited's initial public offering (IPO) opened for subscription on June 29, 2026, recording an overall subscription of 0.95 times by 5:05 PM on Day 1. The ₹170.00 crore book-build issue, priced at ₹125 to ₹136 per share, received bids for 1,19,18,830 shares against 1,25,00,000 shares on offer, with total applications reaching 21,966.

Subscription Status of Aastha Spintex IPO

Date QIB NII Retail Total
Day 1 (June 29) 0.87 1.50 0.45 0.95

Here are the subscription details for Aastha Spintex IPO Day 1, as of 5:04 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total Amount 
(₹ Cr.)
QIB (Ex-Anchor) 0.87 25,00,000 21,69,530 29.51
NII 1.50 50,00,000 74,97,820 101.97
Retail 0.45 50,00,000 22,51,480 30.62
Total 0.95 1,25,00,000 1,19,18,830 162.10

Key Highlights – Day 1

  • ​​​​​​​Overall subscription reached 0.95 times on Day 1 (June 29, 2026), reflecting near-full initial investor interest in this cotton yarn manufacturing mainboard IPO, driven by strong NII demand.
  • Non-institutional investors crossed full subscription at 1.50 times on the opening day, with sNII at 2.00 times and bNII at 1.25 times, reflecting strong HNI appetite for this integrated spinning company.
  • Qualified institutional buyers (ex-anchor) recorded 0.87 times on Day 1, approaching full subscription on opening day.
  • Retail investors showed moderate participation at 0.45 times on Day 1.
  • Total applications stood at 21,966 on Day 1.
  • This issue has no anchor investor allocation.

Aastha Spintex Limited

Incorporated in 2013, Aastha Spintex Limited manufactures and trades carded, combed, and compact combed cotton yarns and cotton bales from a semi-automated integrated spinning and ginning facility at Halvad, Morbi, Gujarat. Its yarns cater to end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, and industrial fabrics. The company plans to utilise IPO proceeds primarily for acquiring Falcon Yarns Private Limited. As of December 31, 2025, the company had 205 employees.

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