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Issue Open Date
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29-Jun-26
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Issue Closing Date
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01-Jul-26
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Application Money
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100
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Allotment Money
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Price Band
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125
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136
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Minimium Application No.
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110
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Issue Size (Shares)
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13600000
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Market Lot
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1
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Objective
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1. Part of Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited;2. Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited; and3. General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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5440000
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7497820
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1.37827573529412
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Qualified Institutional Buyers
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2720000
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2169530
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0.797621323529412
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Retail Individual Investors
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5440000
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2251040
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0.413794117647059
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Business Description
We are engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. In Fiscal 2025, our Company has achieved the highest ROCE and RONW amongst its selected peers. Our 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. We have a semi-automated and integrated spinning and ginning Manufacturing Facility situated at Halvad, Morbi, Gujarat. We produce 100% cotton yarns in counts ranging from Ne 26 to Ne 40 which includes carded, combed and combed compact varieties ("Ne" refers to the English Cotton Count System, which is a standard way to measure the fineness or thickness of yarn. The higher the Ne, the finer the yarn). The ginning process converts raw cotton into cotton bales through stages of cleaning and separation, during which cotton seeds and other by-products are generated. While the cleaned lint is pressed into bales for supply to spinning mills, the separated cotton seeds are sold to industries engaged in oil extraction, animal feed, and other applications, thereby providing an additional revenue stream for our Company. A nominal portion of raw cotton is lost as non-recoverable waste during the process.
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Promoter's Holding
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Total Share Capital
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23486509
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Offered to Public
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Promoter's Holding (Pre-Issue)
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74.23
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Promoter's Holding (Post-Issue)
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Address |
Survey No 1441 1442 1448/1
1449 1450/2 P2 & 1443 / P2
Halvad Maliya Highway
Surendranagar Dist,
Gujarat,
363330
Phone : 9081535400
Email : info@aasthaspintex.com
Website : www.aasthaspintex.com
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
BOI Merchant Bankers Ltd.
PNB Investment Services Ltd
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Promoters |
Gothi Vivek Rasiklal
Jashwantbhai Valjibhai Patel
Patel Divyang Jashwantbhai
Rasiklal Valjibhai Patel
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