IPO Subscription Overview
The initial public offering of Aastha Spintex received 71.12 lakh bids against 1.36 crore shares on offer, resulting in an overall subscription of 52 percent on the first day of bidding. The non‑institutional investor (NII) tranche was subscribed 87 percent, the retail individual investor (RII) tranche 26 percent, and the qualified institutional buyer (QIB) tranche 36 percent.
Anchor Funding and Pricing
Prior to the IPO, the company raised Rs 170 crore from anchor investors. The public issue price band is set at Rs 125‑136 per equity share, and the issue will remain open for subscription until 1 July.
Grey‑Market Premium
Grey‑market activity shows a premium of roughly 4 percent; Investorgain values the GMP at Rs 5 per share, implying a potential listing gain of 3.68 percent, while IPO Watch estimates the GMP at 3.67 percent.
Use of Proceeds
Proceeds from the public issue will be employed for a part payment towards the acquisition of Falcon Yarns Pvt Ltd, to fund the working‑capital requirements of the acquired company through inter‑corporate deposits, and for general corporate purposes.
Recent Financial Performance
For the fiscal year 2025, Aastha Spintex reported revenue of Rs 351.16 crore and profit after tax of Rs 22.92 crore. For the nine months ended December 2025, revenue was Rs 313.29 crore with profit after tax of Rs 17.56 crore.
Listing Details
The company’s shares are scheduled to be listed on the Bombay Stock Exchange and the National Stock Exchange on 6 July.