Aastha Spintex

What Aastha Spintex does

Aastha Spintex Limited is a vertically integrated B2B cotton yarn manufacturer incorporated in 2013 in Gujarat, India, and listed on NSE/BSE following a Rs 170 crore IPO in July 2026. The company operates an integrated spinning and ginning facility in Halvad, Surendranagar district, with a second facility in Morbi acquired via the Rs 111.51 crore purchase of Falcon Yarns in July 2026, bringing total capacity to 17,457 metric tonnes per annum across 61,824 spindles. Its product portfolio comprises carded, combed, and combed compact cotton yarns for warp and hosiery applications, alongside cotton bales trading, with planned forward integration into grey fabric under its own brand.

Manufacturing runs on 100% renewable energy (solar and wind), which the company cites as a cost and sustainability differentiator. The company sells directly to weaving mills, knitting operations, and textile traders, with named repeat customers including 7 Seas Impex and Texpert India. Pricing is B2B quote-based and not publicly disclosed; revenue is generated through one-time sales transactions rather than subscription or licensing models. FY25 total income was Rs 352.17 crore with a net profit of Rs 22.92 crore and 14% operating margins, representing growth from Rs 239 crore and Rs 1.1 crore respectively in FY23.

Go-to-market is sales-led and purely domestic, with no evidence of export channels or international distribution. Marketing is conducted primarily through investor relations, stock exchange disclosures, and direct enterprise relationships rather than digital channels. The company employs a 70% female workforce per its own disclosures, though reported headcount of 1-10 is anomalous for the stated spindle count and likely reflects incomplete data.

Name

Aastha Spintex

Legal name

Aastha Spintex Limited

Website

https://aasthaspintex.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Aastha Spintex Limited is a Gujarat-based, publicly listed vertically integrated cotton yarn manufacturer selling B2B to weaving mills, knitters, and textile traders, with 17,457 MT annual capacity across 61,824 spindles following its July 2026 Falcon Yarns acquisition.

Ownership category

akta.pro rank

Product category

Cotton Yarn Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (313110)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Spun Yarn Manufacturing (Ring/Open-End/Compact) (IMAOAAAD)

akta.pro secondary industries

Natural Fiber Processing (Cotton/Wool/Flax/Hemp) (IMAOAAAA), Threads, Yarns & Sewing Notions (Sewing Thread/Embroidery Thread/Bobbins/Needles) (IMAOALAE)

Keywords

• Cotton yarn manufacturing
• Spinning mill operations
• Textile manufacturing
• Ginning and spinning
• Cotton bales trading

Headquarters

HQ city

Halvad

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Cotton Yarn Manufacturing: Manufacturing and trading of cotton yarns including Card, Combed, and Combed Compact varieties for warp yarn and hosiery yarn applications. Primary revenue driver representing the core business.
2. Cotton Bales Trading: Trading of cotton bales as part of vertical integration strategy, leveraging raw material procurement capabilities.
3. Grey Fabric Manufacturing: Expansion into grey fabric segment through partnerships with manufacturers in Gujarat, leveraging existing cotton yarn manufacturing base to move up the textile value chain.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Aastha Spintex is a vertically integrated cotton yarn manufacturer that produces carded, combed, and combed compact yarn variants for warp yarn and hosiery yarn applications through spinning and ginning operations at its Halvad, Gujarat facility. The company also trades cotton bales as part of its raw material supply chain and is expanding into grey fabric manufacturing following the acquisition of Falcon Yarns.

Product overview

Aastha Spintex is an integrated cotton yarn manufacturer with a vertical unit setup covering manufacturing and trading of cotton yarns (Carded, Combed, and Combed Compact variants for Warp Yarn and Hosiery Yarn applications) along with cotton bales. The company operates an integrated spinning and ginning facility in Halvad, Morbi district, Gujarat. Following the Falcon Yarns acquisition, the company has expanded capacity to 17,457 MT per annum and announced plans to forward integrate into grey fabric and value-added textile products under its proprietary brand.

Differentiator

Problem solved

Functional benefit

Products and services

• Carded Yarn Cotton carded yarn manufactured for weaving and knitting applications, supplied to textile manufacturers and mills.
• Combed Yarn Premium cotton combed yarn offering higher quality and smoothness for weaving and knitting applications, supplied to textile manufacturers.
• Combed Compact Yarn Advanced combed compact yarn designed for warp yarn applications, providing superior strength and evenness for textile manufacturers and weavers.
• Cotton Bales Trading of cotton bales as part of vertical integration strategy, leveraging raw material procurement capabilities within the cotton yarn manufacturing chain.
• Grey Fabric Forward integrated grey fabric manufacturing planned for launch leveraging the enhanced cotton yarn capacity of 17,457 MT per annum, targeting textile manufacturers and value chain partners.

Quantifiable outcome

• Revenue grew from Rs 239 crore in FY23 to Rs 351 crore in FY25 (47% increase)
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Falcon Yarns Private LimitedcoreStrategic or Co-development Partner · 9 July 2026Acquisition of Falcon Yarns to expand spinning capacity from 7,700 MT to 17,457 MT (126% increase) and spindle capacity from 25,920 to 61,824 (138.5% increase). Falcon operates a modern spinning facility in Gujarat with 35,904 installed spindles and 9,757 MT annual production capacity. Deal executed in three tranches with Rs 20 crore paid before IPO and balance from IPO proceeds.

Scale indicators8 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Vardhman Textiles: One of India's largest integrated textile manufacturers with cotton yarn, fabric, and garment operations. Same cotton yarn manufacturing category as Aastha but at far greater scale across broader product lines.
• KPR Mill: Integrated Indian textile producer with cotton yarn, fabric, and apparel manufacturing. Competes in similar cotton yarn category as Aastha but with substantially larger capacity and downstream integration.
• Arvind Limited: Major Indian textile conglomerate producing fabrics, denim, and garments with cotton yarn in its supply chain. Overlaps with Aastha's category but operates an apparel-and-fabric-led model rather than pure yarn.
• Trident Group: Large Indian textile conglomerate with cotton yarn, terry towels, paper, and chemicals segments. Overlaps with Aastha on cotton yarn manufacturing but operates a much broader portfolio at significantly larger scale.
• Welspun Living: Large Indian home textile manufacturer with backward integration into cotton yarn spinning. Comparable upstream cotton yarn capability but anchored to home textile end markets rather than yarn sales.

Direct peers

• Nitin Spinners: Indian cotton yarn manufacturer producing carded, combed, and compact yarn for weaving and knitting applications. Operates large-scale spinning capacity serving similar B2B textile mill customers as Aastha Spintex.
• Sangam India: Indian textile company with cotton yarn spinning as a core vertical, serving fabric and apparel manufacturers. Competes for similar Indian B2B cotton yarn customers and operates in comparable capacity ranges.
• Sutlej Textiles: Listed Indian textile manufacturer with cotton and blended yarn operations across multiple counts, supplying to knitting, weaving, and apparel manufacturers. Directly comparable cotton-spinning business to Aastha.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AasthaPvt
• Facebookfacebook.com/aasthaspintex
• LinkedInlinkedin.com/company/aasthaspintex

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aastha Spintex