AASTHA SPINTEX IPO
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:
Cotton Bales: Cotton bales are compressed, packaged bundles of ginned cotton, produced after the raw cotton undergoes ginning to separate the lint from the seeds and other impurities.
Other Products: Cotton yarn waste arises during spinning and post-processing but is effectively reused within the textile ecosystem. Cotton yarn waste is an inevitable byproduct of the yarn manufacturing process, arising from pre-processing, spinning, and post-processing stages.
As at December 31, 2025, the company had an employee base of 205 employees in various departments.