Aastha Spintex IPO Day 2: Check GMP, Subscription Status & Key Highlights

The ₹170 crore Aastha Spintex IPO entered its second day of subscription on June 30, 2026. The issue is priced between ₹125 and ₹136 per share. As of 10:15 AM on Day 2, the IPO was subscribed 0.93 times, while the Grey Market Premium (GMP) was around ₹5.50 per share.

The IPO will remain open for subscription until Wednesday, July 1, 2026. The allotment basis is expected to be finalised on July 2, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on July 6, 2026.

Aastha Spintex IPO - Issue Details

• Issue Type: Book Building IPO (Fresh Issue Only)
• Total Issue Size: Up to ₹170.00 crore
• Fresh Issue: Up to ₹170.00 crore
• Face Value: ₹10 per equity share
• Price Band: ₹125 to ₹136 per share
• Lot Size: 110 shares  
• Minimum Investment Amount: ₹14,960 (110 shares) (based on upper price band)
• Listing: BSE, NSE
• Book Building Lead Managers: BOI Merchant Bankers Limited and PNB Investment Services Limited
• Registrar: Bigshare Services Limited

Utilisation of Aastha Spintex IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue towards:

• Part payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited.
• Inter-corporate deposits for funding working capital requirements of Falcon Yarns Private Limited.
• General corporate purposes.

Aastha Spintex IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The closing, allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Aastha Spintex IPO Day 2 Subscription Status

[June 30, 2026, 10:15 AM]

Aastha Spintex IPO GMP Today

According to media reports, the Aastha Spintex IPO is commanding a Grey Market Premium (GMP) of around ₹5.5 per share over the issue price today.

About Aastha Spintex Limited

Aastha Spintex Limited manufactures and trades cotton yarn and cotton bales, primarily serving customers in the textile industry. Its product range includes carded, combed, and compact combed cotton yarn in counts from Ne 26 to Ne 40, catering to applications such as denim, shirting, home furnishings, terry towels, socks, and industrial textiles.

It operates a semi-automated integrated spinning and ginning facility in Halvad, Morbi, Gujarat, where raw cotton is processed into cotton bales and value-added cotton yarn. The company follows a B2B business model, supplying textile manufacturers, fabric processors, exporters, and other bulk buyers across India. In addition to its core products, it also generates revenue from by-products such as cotton seeds and cotton waste produced during the ginning and spinning processes.

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