Aastha Spintex IPO 2026: Price Band, Dates, Size

Aastha Spintex IPO opens June 29

Aastha Spintex, a cotton yarn and cotton bale manufacturer, is preparing to tap the primary market with a book-built initial public offering (IPO). The issue is scheduled to open for subscription on June 29, 2026 and close on July 1, 2026. The company has set a price band of ₹125 to ₹136 per equity share, with a face value of ₹10.

The IPO is positioned as a fresh issue, and the company has said it intends to use the funds primarily for acquisitions and working capital related to a target entity. Shares are expected to list on both BSE and NSE, with a tentative listing date of July 6, 2026.

Price band and application lot size

The IPO price band is set at ₹125 to ₹136 per share. Aastha Spintex’s lot size is stated as 110 equity shares and in multiples of 110 thereafter across multiple parts of the provided information. At the upper price band of ₹136, the minimum investment for one lot (110 shares) works out to ₹14,960.

One section of the provided data also mentions a “Bid Lot” of 44 equity shares. The same dataset, however, repeatedly specifies a lot size of 110 shares, including the minimum investment figure that matches 110 shares at ₹136. Investors typically rely on the final offer details published with the issue documentation and exchange circulars for the definitive lot size.

IPO dates: anchor, subscription, allotment, listing

The anchor allocation for the IPO is scheduled for June 25, 2026, according to the provided details. Public subscription is slated for June 29 to July 1, 2026. The basis of allotment is tentatively expected to be finalised on July 2, 2026.

Refunds are expected to be initiated on July 3, 2026, and shares are expected to be credited to successful applicants’ demat accounts on the same day. The shares are expected to list on BSE and NSE on July 6, 2026. A separate timeline block in the provided information includes date entries that differ from the main schedule, but the June 29 to July 1 subscription window and July 6 listing date appear consistently across the text.

Issue structure: fresh issue with no OFS

The IPO is described as a ₹170 crore issue and is stated to be entirely a fresh issue of equity shares. The provided text explicitly notes there is no offer-for-sale (OFS) component. This means the company, rather than existing shareholders, is expected to receive the IPO proceeds.

The offer is also described as a book building issue. In book-built IPOs, the final issue price is typically discovered within the announced price band based on demand during the subscription period.

How Aastha Spintex plans to use IPO proceeds

Aastha Spintex has outlined specific uses for the net proceeds. The company plans to utilise ₹111.51 crore towards the acquisition of Falcon Yarns Private Limited. It also plans to allocate ₹10 crore to meet the working capital requirements of Falcon Yarns.

The remaining proceeds are earmarked for general corporate purposes. The provided information also references inter-corporate deposits to support Falcon Yarns’ working capital needs, alongside the acquisition plan.

Investor reservation: QIB, NII and retail split

The issue includes reservations across investor categories. The provided details state that not more than 20% of the shares in the public issue are reserved for qualified institutional buyers (QIBs). It also states that not less than 40% is reserved for non-institutional investors (NIIs), and not less than 40% is reserved for retail investors.

Another section repeats a similar split, stating 20% for QIBs, 40% for retail, and 40% for non-institutional investors. These category splits are important for applicants because they determine how demand is measured and how allotment probability can vary across categories.

Intermediaries: lead managers and registrar

BOI Merchant Bankers Limited and PNB Investment Services Limited are acting as the book-running lead managers (BRLMs) for the issue, according to the provided text. Bigshare Services is named as the registrar.

These intermediaries typically handle key IPO processes, including marketing the offer to investors, coordinating with stock exchanges, and managing application processing and allotment-related steps.

Key numbers reported across the provided data

Some parts of the provided dataset include figures that conflict with the repeatedly stated ₹170 crore issue size. For clarity, the table below summarises the key factual numbers and flags where multiple values appear in the provided information.

Timeline: subscription to listing

The IPO schedule is presented in multiple blocks within the provided text. The dates below reflect the frequently repeated schedule that also appears in a dedicated IPO timeline table.

Market impact and what investors typically track

An IPO of this size can draw attention in the primary market because it comes with a clearly stated deployment plan tied to an acquisition and working capital support. The use of proceeds toward acquiring Falcon Yarns Private Limited and providing ₹10 crore for its working capital indicates that investors may focus on integration timelines and post-acquisition execution, even though those details are not provided here.

From an investor perspective, the price band, category-wise reservation (QIB, NII, retail), and the final issue price discovered through book building are key variables during the subscription window. Applicants also track allotment dates, refund and demat credit timelines, and the listing date, especially when the schedule is tight and events occur on consecutive days.

Conclusion

Aastha Spintex’s IPO is scheduled to open on June 29, 2026 with a price band of ₹125 to ₹136 per share, aiming to raise ₹170 crore through a fresh issue. The company plans to use ₹111.51 crore for acquiring Falcon Yarns Private Limited, ₹10 crore for Falcon Yarns’ working capital, and the balance for general corporate purposes. With anchor allocation on June 25 and listing expected on July 6 on BSE and NSE, investors will watch the subscription response and the allotment timeline closely as the issue progresses.