Aastha Spintex IPO is a book build issue of ₹170.00 crores. The issue is entirely a fresh issue of 1.25 crore shares of ₹170.00 crore.
Aastha Spintex IPO opens for subscription on Jun 29, 2026 and closes on Jul 1, 2026. The allotment for the Aastha Spintex IPO is expected to be finalized on Jul 2, 2026. Aastha Spintex IPO will list on NSE and BSE with a tentative listing date fixed as Jul 6, 2026.
Aastha Spintex IPO is set issue price band at ₹125 to ₹136 per share. The lot size for an application is 110 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,960 (110 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,540 shares), amounting to ₹2,09,440, and for bNII, it is 67 lots (7,370 shares), amounting to ₹10,02,320.
Incorporated in 2013, Aastha Spintex Ltd. is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales.
The company's cotton bales are utilized both for captive production of cotton yarns and for supply to other spinning units and the cotton yarns produced are used in both knitting and weaving applications, catering to a wide spectrum of end-use segments and products, including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
The company have a semi-automated and integrated spinning and ginning Manufacturing Facility situated at Halvad, Morbi, Gujarat.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
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