Ashutosh Fibre IPO
GMP, Subscription, Price, Dates & Financial Details
Textile
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.
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 Investors | 1,743,600 | 29.97% |
| Qualified Institutions | 1,162,800 | 19.99% |
| Non-Institutional | 873,600 | 15.02% |
| BNII | 582,000 | 10% |
| SNII | 291,600 | 5.01% |
| Retail Investors | 2,037,600 | 35.02% |
| Total | 5,817,600 | 100% |
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
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
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 Ltd | 10 | 0 | 10.19 | 10.19 | 30.91 | 32.95 |
| RSWM Limited | 10 | 18.55 | 11.04 | 11.04 | 3.79 | 291.21 |
| Reliance Chemotex Industries Ltd | 10 | 16.09 | 6.97 | 6.97 | 3.69 | 189.23 |
| Garware Technical Fibres Ltd | 10 | 37.72 | 21.28 | 21.28 | 15.92 | 133.71 |
| Cedaar Textile Ltd | 10 | 0 | -56.16 | -56.16 | -147.39 | 34.9 |
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
Siddharth Prakash Patel
Abhishek Rajendrakumar Agarwal
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.
- Funding capital expenditure requirements towards funding of new equipment and machinery
- Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company
- 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
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) | 2 | 2,400 | 220,800.00 |
| Retail (Max) | 2 | 2,400 | 220,800.00 |
| S-HNI (Min) | 3 | 3,600 | 331,200.00 |
| S-HNI (Max) | 9 | 10,800 | 993,600.00 |
| B-HNI (Min) | 10 | 12,000 | 1,104,000.00 |
Issue Reservation
- Anchor Investors — 29.97%
- QIB — 19.99%
- NII — 15.02%
- RII — 35.02%
Book Running Lead Managers
- Mefcom Capital Markets Limited
IPO Documents & Links
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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).