Aastha Spintex IPO saw a steady start on Day 1, subscribed 52% by mid-session, with strong NII demand leading the response. The issue carries a 4% grey market premium, indicating modest listing gains. Proceeds will fund Falcon Yarns acquisition, working capital needs, and general corporate purposes.
Aastha Spintex IPO opened to a steady start, subscribing 52% on Day 1, driven by strong Non-Institutional Investor demand. The Grey Market Premium stands at 4%, suggesting modest listing gains. Proceeds from the IPO will fund the acquisition of Falcon Yarns, working capital, and…
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