Ashutosh Fibre IPO Logo

Ashutosh Fibre IPO
GMP, Subscription, Price, Dates & Financial Details

Textile

Closed NSE SME

Incorporated in 1985, Ashutosh Fibre Limited is engaged in the manufacturing and trading of technical textile products, with a primary focus on polypropylene (PP) spun yarns. The company operates predominantly under a business-to-business (B2B) model, supplying specialized yarns and fabrics to…

Open Date

Mon, 31 Aug 2026

Close Date

Wed, 02 Sep 2026

Price Band

₹ 87 – 92

Lot Size

1200

Issue Size

₹ 56.35 Cr

Minimum Investment

₹ 220,800 (2400 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

25 Aug ₹13 26 Aug ₹15 27 Aug ₹37 28 Aug ₹37 29 Aug ₹37 30 Aug ₹37 31 Aug ₹45 01 Sep ₹10 02 Sep ₹33

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Ashutosh Fibre IPO subscription has closed. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹56.35 Crore, comprising a fresh issue of 61.25 Lakh equity shares aggregating to ₹56.35 Crore.

The company had fixed the price band at ₹87 to ₹92 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹220,800 (based on the upper price band) to apply for one lot.

KFin Technologies Limited is the registrar to the issue. Mefcom Capital Markets Limited are the Book Running Lead Managers (BRLMs) to the issue.

With the subscription period now closed, investors can expect the basis of allotment to be finalized on September 03, 2026. Successful applicants are likely to receive shares in their demat accounts before the tentative listing on NSE SME Platform on September 07, 2026.

Ashutosh Fibre IPO Timeline (Tentative)

IPO Open Date
Mon, 31 Aug 26
IPO Close Date
Wed, 02 Sep 26
Basis of Allotment
Thu, 03 Sep 26
Initiation of Refunds
Fri, 04 Sep 26
Credit of Shares to Demat
Fri, 04 Sep 26
Listing Date
Mon, 07 Sep 26 — NSE

Open Date

31 August 2026

Close Date

02 September 2026

Basis Of Allotment

03 September 2026

Listing Date

07 September 2026

IPO Subscription

Check Live Subscription →

The Ashutosh Fibre IPO has received bids for 54,51,86,400 shares against 40,74,000 shares offered, resulting in an overall subscription of 133.82x. the NII category is subscribed 201.21x, Retail Investors 99.16x, and QIBs 143.93x. Within the NII category, BNII is subscribed 241.22x, while SNII is subscribed 121.34x.

QIB

143.93x

NII

201.21x

BNII

4.89x

SNII

1.28x

RII

99.16x

Total

133.82x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 20,37,600 shares, representing 35.02% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,62,800 shares (19.99%), while Non-Institutional Investors (NIIs) receive 8,73,600 shares (15.02%).

Category Shares Offered Shares Offered
Anchor Investors1,743,60029.97%
Qualified Institutions1,162,80019.99%
Non-Institutional873,60015.02%
BNII582,00010%
SNII291,6005.01%
Retail Investors2,037,60035.02%
Total5,817,600100%

Financials Details(₹ in Crores)

Particular 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 25.8 104.6 73.01
Revenue 117.43 114.97 109.89
Profit After Tax 16.04 8.51 7.05
Net Worth 51.9 35.85 27.55
Reserve & Surplus 36.15 34.1 25.8
Total Borrowings 47.92 57.44 34.86

Financials Performance

Company Revenue Vs Profit After Tax
117 16 31 Mar 2026 115 9 31 Mar 2025 110 7 31 Mar 2024 Revenue PAT

Performance Indicators

10.19%

EPS Pre

Earnings per share before the IPO.

9.03

P/E Pre

IPO Offer Price ÷ EPS Pre.

7.33%

EPS Post

Expected earnings per share after the IPO..

12.55x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Ashutosh Fibre Limited KPI Information

Particular Mar 2026 Mar 2025 Mar 2024
ROCE % 26.29 16.27 21
Debt / Equity 0.92 1.6 1.27
RoNW % 30.91 23.73 25.58
Pat Margin % 13.67 7.46 6.42

Peers Comparison

Company Face Value PE Ratio EPS Basic EPS Diluted RoNW Net Assets
Ashutosh Fibre Ltd10010.1910.1930.9132.95
RSWM Limited1018.5511.0411.043.79291.21
Reliance Chemotex Industries Ltd1016.096.976.973.69189.23
Garware Technical Fibres Ltd1037.7221.2821.2815.92133.71
Cedaar Textile Ltd100-56.16-56.16-147.3934.9

About Ashutosh Fibre Limited

Incorporated in 1985, Ashutosh Fibre Limited is engaged in the manufacturing and trading of technical textile products, with a primary focus on polypropylene (PP) spun yarns. The company operates predominantly under a business-to-business (B2B) model, supplying specialized yarns and fabrics to industrial manufacturers, textile processors, and institutional customers.

The company caters to a diversified range of end-use industries, including filtration and pollution control, construction and infrastructure, automotive, packaging, personal protective equipment, industrial safety, and home furnishings.

Product Portfolio

Ashutosh Fibre offers a range of specialized yarn products, including:

  • Para-Aramid Based Spun Yarn

  • High-Tenacity Polyester Yarn

  • Meta-Aramid and FR Viscose Yarn

  • 100% Polypropylene Yarn

  • Modacrylic-Based Yarn

  • Poly-Poly Corespun Yarn

These products are designed to provide specific performance characteristics such as high tensile strength, flame resistance, heat resistance, durability, friction resistance, and filtration performance, depending on the intended application.

Technical Textile Segments

The company operates across four major technical textile segments:

1. Indutech – Industrial Textiles
In the Indutech segment, the company manufactures polypropylene spun yarns and related products used in filtration media, geotextiles, ropes, webbings, and process-industry textiles. These products are primarily used where durability, chemical resistance, strength, and filtration properties are required.

2. Protech – Protective Textiles
The Protech segment focuses on yarns and fabrics offering strength, flame retardancy, and heat resistance. These materials are used in personal protective equipment (PPE), industrial safety apparel, protective clothing, and thermal barriers, serving applications where worker protection and resistance to harsh operating conditions are critical.

3. Hometech – Home and Household Textiles
The Hometech segment caters to the home furnishing and household textile industry. Products are used in applications such as carpets, furnishing textiles, and home filtration media, providing functional and durable textile solutions for domestic and institutional use.

4. Mobiltech – Automotive Textiles
Under the Mobiltech segment, the company manufactures specialized, friction-resistant yarns used in automotive friction materials. These include applications such as brake pads, clutch facings, and transmission components, where resistance to friction, wear, and elevated temperatures is important.

Manufacturing Capabilities

Ashutosh Fibre's manufacturing facility is equipped with five processing lines and utilizes three principal yarn manufacturing technologies:

  • Ring Spinning

  • DREF (Friction Spinning)

  • Open-End Spinning

The company's manufacturing capabilities allow it to produce yarn in counts ranging from approximately 2 Ne to 50 Ne, in both single and multiple plies. This enables the company to manufacture customized yarn specifications to meet the technical and performance requirements of different industrial applications.

Industry Applications

The company's products serve as important raw material inputs for several industries, including:

  • Filtration and pollution-control systems

  • Construction and infrastructure

  • Automotive and friction-material manufacturing

  • Packaging

  • Industrial safety and protective equipment

  • Home furnishings and carpets

  • Geotextiles and industrial textiles

  • Ropes, webbings, and related applications

The diversified application base provides the company with exposure to multiple end-user industries rather than dependence on a single sector.

Renewable Energy Initiative

As part of its focus on energy efficiency and sustainability, Ashutosh Fibre has commissioned a 380 KW rooftop solar power system at its manufacturing facility in Petlad. The solar installation is intended for captive consumption, helping the company reduce its dependence on conventional grid power while supporting long-term energy-cost optimization and environmental sustainability.

Human Resources

As of June 30, 2026, the company had approximately 169 permanent employees. Its workforce comprises skilled, semi-skilled, and unskilled personnel engaged across manufacturing, processing, operations, quality control, maintenance, and other business functions.

Overall Business Position

Ashutosh Fibre Limited operates in the specialized technical textile and industrial yarn space, with a product portfolio spanning industrial, protective, household, and automotive applications. Its combination of multiple spinning technologies, a broad range of yarn specifications, and exposure to diverse end-use industries enables it to serve customers with varying technical requirements.

The company's focus on specialized yarns, technical textile applications, manufacturing flexibility, and captive renewable power generation forms the key foundation of its business operations.

Ashutosh Fibre IPO Promoters

  1. Siddharth Prakash Patel

  2. Abhishek Rajendrakumar Agarwal 

  3. Prahash Fin-stock Private Limited

Promoters Holding

Holding Pre Issue

59.79%

Holding Post Issue

43.05%

Ashutosh Fibre IPO Objective

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding capital expenditure requirements towards funding of new equipment and machinery 
  2. Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company 
  3. General Corporate Purposes

Ashutosh Fibre Limited Address / Contact Details

Ashutosh Fibre Ltd.

111 New Cloth Market Raipur

Ahmedabad, Gujarat, 380002

Telephone No.: + 91 9727 559 799

Email: info@ashutoshfibre.com

Website:https://www.ashutoshfibre.com/

IPO Snapshot

Face Value₹10 per share
Price Band ₹ 87 – 92
Lot Size1200
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 56.35 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 56.35 Cr
Listing AtNSE

Ashutosh Fibre IPO Lot Size

The Ashutosh Fibre IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,20,800 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,20,800.

Application Lots Shares Amount (₹)
Retail (Min)22,400220,800.00
Retail (Max)22,400220,800.00
S-HNI (Min)33,600331,200.00
S-HNI (Max)910,800993,600.00
B-HNI (Min)1012,0001,104,000.00

Issue Reservation

  • Anchor Investors — 29.97%
  • QIB — 19.99%
  • NII — 15.02%
  • RII — 35.02%

Ashutosh Fibre IPO Registrar

KFin Technologies Limited

04067162222, 04079611000

reachus@kfintech.com

https://www.kfintech.com

Check Allotment Status

Book Running Lead Managers

  • Mefcom Capital Markets Limited

IPO Documents & Links

Explore More IPOs

Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Ashutosh Fibre IPO?

Ashutosh Fibre IPO is a Book-building IPO with a total issue size of ₹56.35 crore. The Ashutosh Fibre IPO price band is ₹87 to 92 per share. The Ashutosh Fibre IPO subscription opens on Mon, Aug 31, 2026, and closes on Wed, Sep 2, 2026. The Ashutosh Fibre IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the Ashutosh Fibre IPO.

When will the Ashutosh Fibre IPO open for subscription?

The Ashutosh Fibre IPO opens on Mon, Aug 31, 2026 and closes on Wed, Sep 2, 2026

What is Ashutosh Fibre IPO Price Band?

Ashutosh Fibre IPO Price Band is ₹87 to 92 per share.

What is Ashutosh Fibre IPO Lot Size?

Ashutosh Fibre IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹220800 based on the upper price band

What is the minimum investment for Ashutosh Fibre IPO?

The minimum investment for Ashutosh Fibre IPO is ₹220800, based on one lot of 1200 shares at the upper price band of ₹92 per share.

How to apply for Ashutosh Fibre IPO?

Investors can apply for the Ashutosh Fibre IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 2, 2026. The application amount remains blocked until the Ashutosh Fibre IPO allotment is finalized.

What is Ashutosh Fibre IPO Issue Size?

Ashutosh Fibre IPO issue size is ₹56.35 crores.

What is the Ashutosh Fibre IPO Allotment Date?

Ashutosh Fibre IPO allotment date is Thu, Sep 3, 2026.

Who is the Ashutosh Fibre IPO Registrar?

The registrar for Ashutosh Fibre IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Ashutosh Fibre IPO allotment status, refund processing, and other IPO-related information.

What is the Ashutosh Fibre IPO GMP?

The Ashutosh Fibre IPO GMP (Grey Market Premium) is ₹33 as of Wed, Sep 2, 2026. Based on the upper price band of ₹92 per share, the estimated Ashutosh Fibre IPO listing price is ₹125, indicating a potential listing gain of approximately 35.87% over the issue price.

Who is the Ashutosh Fibre IPO Lead Manager?

The book-running lead managers (BRLMs) for the Ashutosh Fibre IPO are Mefcom Capital Markets Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Ashutosh Fibre IPO Red Herring Prospectus (RHP).