IPO Details
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹ 160 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹ 160 Cr) |
| Share Holding Pre Issue | 3,16,42,190 shares |
IPO Important Dates
Financial Information
| Assets | 453.30 | 240.57 | 172.59 |
| Total Income | 603.90 | 305.67 | 239.69 |
| Profit After Tax | 24.87 | 16.29 | 1.06 |
| EBITDA | | 34.25 | 11.60 |
| NET Worth | 121.05 | 76.38 | 60.01 |
| Total Borrowing | | 82.86 | 81.01 |
Key Performance Indicator
| ROE | 23.73% |
| ROCE | 19.12% |
| Debt/Equity | 0.78 |
| RoNW | 19.32% |
| PAT Margin | 6.69% |
| EBITDA Margin | 13.37% |
Information about company
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.
Product:
Competitive Strengths:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
2: General Corporate Purpose
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
