Aastha Spintex Ltd has opened its initial public offering to investors, with the issue remaining live until July 1, 2026.
The company is seeking to raise ₹170 crore through the sale of equity shares priced within a band of ₹125 to ₹136 per unit.
This marks the formal start of the subscription process for the textile manufacturer’s entry into the public markets.
Early market sentiment appears cautiously positive, with grey market observers reporting a premium of ₹5 per share on the first day of subscription.
This implied listing price of ₹141 suggests modest investor appetite relative to the upper end of the price band.
The grey market premium serves as an informal indicator of demand before official subscription data is compiled by registrars.