Aastha Spintex IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.87 | 1.02 | 3.59 |
| NII | 1.50 | 2.48 | 8.29 |
| bNII | 1.25 | 2.35 | 9.11 |
| sNII | 2.00 | 2.75 | 6.66 |
| RII | 0.45 | 1.04 | 2.54 |
| Total | 0.95 | 1.61 | 5.05 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Aastha Spintex IPO minimum market lot is 110 shares with ₹14,960 application amount. The Aastha Spintex IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Aastha Spintex Limited, founded in 2013, has been a prominent player in the manufacturing and trading of carded, combed, and compact combed cotton yarns and cotton bales. The firm uses its cotton bales in 2 ways: for its own cotton yarn manufacturing and for sale or supply to other spinning mills.
The cotton yarn that is produced is then used in both knitting and weaving processes. The firm uses yarn to make Denim fabric (jeans), Terry towels, Shirts (shirting), Bed sheets (sheeting), Sweaters, Socks, Bottom wear (pants, trousers, leggings, etc.), Home textiles, and Industrial fabrics. Moreover, the firm has a semi-automated spinning and ginning manufacturing facility situated in Halvad, Morbi, Gujarat. The company also recycles cotton yarn waste generated during textile production to produce other products.
Aastha Spintex IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Aastha Spintex IPO Review and Rating
- May Apply For Long-term View
Aastha Spintex IPO Form
How to apply for the Aastha Spintex IPO? You can apply for Aastha Spintex IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aastha Spintex IPO in the Invest section. The other option is you can apply for Aastha Spintex IPO via IPO forms downloaded online. Check out the Aastha Spintex forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
