Aastha Spintex shares hit 5% upper circuit after weak listing

Aastha Spintex shares listed at a 4.41% discount to the IPO price of ₹136 apiece, despite the IPO being oversubscribed more than four times. The company raised ₹170 crore through its public issue, with its market capitalisation standing at ₹573.85 crore after listing. However, the stock soon hit the 5% upper circuit, lifting the company's market capitalisation to ₹602.32 crore.