Aastha Spintex share price makes weak debut, lists at 4% discount to the IPO price
New Delhi, July 6 -- Aastha Spintex share price made a muted debut in the Indian stock market on Monday, 6 July. The shares of Aastha Spintex listed at a 4.41% discount to the IPO price of Rs.136 per share.
Aastha Spintex share price opened at Rs.130 per share on both NSE and BSE. This means that the IPO allottees made a loss of 4.41% on the Aastha Spintex IPO listing.
The listing of Aastha Spintex IPO came below the market expectations. The GMP of Aastha Spintex IPO was Rs.4.75 per share, signaling that the estimated listing price of the stock would be Rs.140.75 apiece, which is at a premium of 3.49% to the issue price of Rs.136 per share.
Aastha Spintex IPO was open for subscription from June 29 to July 1. The share allotment was fin...
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