Branch2 Intelligence
Aastha Spintex IPO listing date next week. Here’s what GMP signals about share debut
Key takeaway
Aastha Spintex IPO subscribed 3.30x, strong NII demand signals retail confidence in textile sector.
- Step 11st-order: Aastha Spintex IPO subscribed 3.30x, strong NII demand.
- Step 22nd-order: IPO proceeds fund expansion, increasing demand for textile inputs from suppliers.
- Step 33rd-order: Improved financial health of Aastha Spintex may lead to better credit terms for its SME suppliers.
Source: IN:Mint
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