New Delhi, July 6 -- Aastha Spintex share price hit the 5% upper circuit on Monday, 6 July, after making a weak stock market debut earlier in the day.

Aastha Spintex share price today listed at Rs.130, a 4.41% discount to the issue price of Rs.136, on both the BSE and the NSE.

Despite the muted listing, buying interest emerged soon after the debut, pushing the stock to its 5% upper circuit.

Following the listing, the company's market valuation stood at Rs.598.13 crore.

The initial public offering (IPO) of Aastha Spintex Ltd was subscribed 4.64 times on the final day of bidding on Wednesday last week.

The Rs.170-crore IPO was offered in a price band of Rs.125-136 per equity share.

Aastha Spintex is engaged in the manufacturing and tr...