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Aastha Spintex IPO Day 2: GMP signals 4% listing gain; subscription nears full. Should you apply?

FinSiddhi

Aastha Spintex’s Rs 170 crore IPO entered Day 2 with a 4% grey market premium (GMP), indicating a potential listing around Rs 141 versus the upper issue price of Rs 136. The IPO saw a steady start, with the issue 88% subscribed on Day 1.

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