Aastha Spintex IPO ends with 4.64 times subscription
Mumbai, July 2 -- The initial public offer of Aastha Spintex received bids for 6,31,27,240 shares as against 1,36,00,000 shares on offer. The issue was subscribed 4.64 times.
The non-institutional investors (NII) category was subscribed 7.62 times, the qualified institutional buyers (QIBs) portion was subscribed 3.30 times and the retail individual investors category was subscribed 2.33 times.
The issue opened for bidding on 29 June 2026 and it closed on 1 July 2026. The price band of the IPO is fixed between Rs 125 and 136 per share.
The IPO is entirely a fresh issue of shares worth Rs 170 crore at the upper price band of Rs 136. There is no offer for sale (OFS) component. At the upper end of the price band, the company is expected to...
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