Aastha Spintex Limited IPO
ListedMainboard
5.05×
Subscribed
Price band
₹136 – ₹136
Issue size
₹170 Cr
Open – close
29 Jun 2026
to 01 Jul 2026
Listing
06 Jul 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
Mixed3 of 7 dimensions read
A mixed but reasonable offering — 1 positive against 0 negative signals
Strength65/100
- Undemanding valuation16.4× earnings at the upper band, with no peer set published to compare against
- Adequate return on equityROE of 17.1%
- Institutional book coveredQIB portion subscribed 3.59×
Every line above is arithmetic on a figure shown elsewhere on this page - no model, no opinion. It describes the quality of the offering as disclosed, and is pulled toward neutral to reflect how much the document leaves unsaid. It is not a prediction of the listing price, and it is not advice to apply.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens29 Jun 2026
- Closes01 Jul 2026
- Listing06 Jul 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB3.59x
Non-institutionalNII / HNI8.29x
Big NIIabove ₹10L9.11x
Small NII₹2L – ₹10L6.66x
Retail individualRII2.54x
1,11,665 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 01 Jul 2026.
Chance of allotment
Retail2.54× subscribed
~1 in 2.5
Retail is 2.54× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 2.5 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII8.29× subscribed
~1 in 8.3
HNI is 8.29× subscribed. This category is allotted proportionately, so a bid receives roughly 1/8.3 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹6.25+4.6%
over the upper band · last seen 07 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹136 – ₹136
Total issue size₹170 Cr
Listing atMainboard
Company & valuation
P/E at upper band16.41×
EPS₹6.20pre-issue
NAV per share₹43.80
Return on equity17.06%
ROCE12.13%
Debt/Equity0.66
RoNW11.46%
PAT Margin5.60%
EBITDA Margin11.25%
NAV50.53
ISININE2FMX01012
Who gets what
How the issue is split between investor categories, and what each may bid.
| Category | Shares | % of issue |
|---|---|---|
| QIB Shares Offered | 25,00,000 | — |
| NII (HNI) Shares Offered | 50,00,000 | — |
| bNII > ₹10L | 33,33,334 | 2164.00% |
| sNII < ₹10L | 16,66,666 | 1082.00% |
| Retail Shares Offered | 50,00,000 | 45454.00% |
Total issue 1,25,00,000 shares. Indented rows sit inside the category above them and are not added to it.
What each category may bid
Retail (Min)₹14,9601 lot · 110 sh
Retail (Max)₹1,94,48013 lots · 1,430 sh
S-HNI (Min)₹2,09,44014 lots · 1,540 sh
S-HNI (Max)₹9,87,36066 lots · 7,260 sh
B-HNI (Min)₹10,02,32067 lots · 7,370 sh
Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.
How the issuer compares
The listed companies the offer document itself names as comparable.
| Company | EPS | P/E | NAV | RoNW |
|---|---|---|---|---|
| Industry | — | 44.62 | — | — |
Blank cells are figures the offer document does not publish. An unlisted issuer has no market price, so it has no price-based multiple until it lists — which is exactly why the comparison is against companies that already trade. The peer set is the issuer's own selection, so read it as the flattering-est comparison available rather than a neutral one.
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+6.1%
Listed up
6 of 8
Best
+65.4%
Orient Cables (India) Limited
Worst
-2.3%
Vishal Nirmiti Limited
Fusion CX Limitedsame segment
4.5× sub+5.5%
HD Fire Protect Limitedsame segment
131.7× sub+23.6%
Nityas Gems and Jewellery Limitedsame segment
2.3× sub+6.7%
Vishal Nirmiti Limitedsame segment
1.7× sub-2.3%
Shah Investor's Home Limitedsame segment
38.1× sub+2.4%
Srit India Limitedsame segment
125.2× sub+13.8%
Runwal Enterprises Limitedsame segment
2.5× sub+0.0%
Orient Cables (India) Limitedsame segment
92.3× sub+65.4%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Offer documents
The primary sources everything above is drawn from
Common questions
What is the Aastha Spintex Limited IPO GMP today?
The most recent grey-market premium recorded for Aastha Spintex Limited is ₹6.25 per share — about 4.6% over the ₹136 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Aastha Spintex Limited IPO subscribed?
Aastha Spintex Limited is subscribed 5.05× overall (QIB 3.59×, NII 8.29×, retail 2.54×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What are the chances of allotment in the Aastha Spintex Limited IPO?
The retail portion is subscribed 2.54×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.