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Aastha Spintex IPO Day 2: fully subscribed
Aastha Spintex’s initial public offering (IPO) was fully subscribed on the second day of bidding, with the issue receiving an overall subscription of 1.16 times as of 1.06 pm, reflecting healthy demand led by non-institutional investors.
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economictimes.indiatimes.com
Aastha Spintex IPO opens for subscription today. Check GMP, brokerages review and other details
The company plans to utilise the proceeds for the acquisition of Falcon Yarns, funding the working capital requirements of Falcon Yarns and general corporate purposes.
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Aastha Spintex IPO off to a steady start; issue subscribed 52% on Day 1. Check GMP & key details
