New Delhi, July 1 -- The initial public offering of Aastha Spintex opened for subscription on Monday, 29 June and will close on today, Wednesday, July 1. The Aastha Spintex IPO price band has been set in the range of Rs.125-136 per share.

Aastha Spintex aims to raise Rs.170 crore through its IPO, which comprises an entirely fresh issue of 1.25 crore equity shares with no offer-for-sale (OFS) component.

The IPO allotment is expected to be finalised on Thursday, July 2, while successful bidders are likely to receive shares in their demat accounts on Friday, July 3. Refunds to unsuccessful applicants are also expected to be initiated on the same day. The shares are tentatively scheduled to list on the BSE and NSE on July 6.

According to t...