The Rs 170 crore Aastha Spintex IPO is in its final day of bidding and is drawing solid investor interest so far. The issue has been subscribed 3.06 times overall, with bids for 4.16 crore shares against 1.36 crore shares on offer, reflecting healthy demand. The Retail Individual Investors (RII) portion was subscribed at 1.73 times, with 54.40 lakh shares reserved for the category.
The Grey Market Premium (GMP) is indicating a potential ~5% listing gain if market sentiment holds steady. Based on the prevailing GMP, the stock is expected to debut at around Rs 142, compared with the upper end of the price band at Rs 136.