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Aastha Spintex IPO Day 2: Overall Subscription Crosses 1x As NII Investors Lead Demand

Authored By HDFC SKY | Published at: Jun 30, 2026 11:31 AM IST

Aastha Spintex IPO entered Day 2 of bidding on June 30 with overall subscription at 1.06x, led by healthy NII demand, while retail participation remained below full subscription.

Aastha Spintex IPO Day 2: Overall Subscription Crosses 1x As NII Investors Lead Demand
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Mumbai, June 30: The Aastha Spintex IPO entered its second day of bidding on June 30, with investor interest helping the public issue move into fully subscribed territory. While demand from non-institutional investors remained the biggest driver, the retail portion was yet to reach full subscription at the latest update.

According to exchange data available till 10:34 AM on June 30, the ₹170 crore IPO was subscribed 1.06 times overall. The NII segment continued to see the strongest participation at 1.64 times, while the QIB (Ex-Anchor) category was subscribed 0.87 times. The retail portion received bids for 0.57 times the shares reserved.

With one more day of bidding remaining after today, investors will be watching whether institutional participation strengthens and retail demand gathers pace before the issue closes.

Latest Aastha Spintex IPO Subscription Status (Day 2)

Category Subscription
Overall 1.06x
Retail 0.57x
QIB (Ex-Anchor) 0.87x
NII 1.64x
bNII 1.43x
sNII 2.05x

Aastha Spintex IPO Details

The IPO is a book-built issue comprising a fresh issue of 1.25 crore equity shares worth ₹170 crore.

  • Issue Size: ₹170 crore
  • Price Band: ₹125 to ₹136 per share
  • Lot Size: 110 shares
  • Listing: BSE and NSE

Minimum Investment

At the upper end of the price band, investors need:

  • Retail: ₹14,960
  • sHNI: ₹2,09,440
  • bHNI: ₹10,02,320

Key Dates

  • IPO Opens: June 29, 2026
  • IPO Closes: July 1, 2026
  • Expected Allotment: July 2, 2026
  • Shares in Demat: July 3, 2026
  • Tentative Listing: July 6, 2026

About Aastha Spintex

Aastha Spintex manufactures carded, combed and compact cotton yarns along with cotton bales. The company supplies yarn used in knitting and weaving applications across textile segments, including denim, garments, home textiles and industrial fabrics. Its manufacturing facility is located in Halvad, Morbi, Gujarat.

What Investors Should Watch

With the IPO now past its opening day, market participants will closely monitor subscription trends during the remaining bidding period. A further improvement in institutional and retail participation on the final day could determine how strongly the issue closes before allotment is scheduled on July 2.

Source:

  • https://www.sebi.gov.in/filings/public-issues/jun-2026/aastha-spintex-limited-rhp_102246.html
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