IPO details · Updated
Ashutosh Fibre Limited
- Price Band
- ₹87 – ₹92
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,10,400
- Issue Size
- ₹56.35 Cr
- Offer Dates
- 31 Aug – 2 Sept 2026
- Listing
- 7 Sept 2026
Issue Details
- Total Issue Size
- ₹56.35 Cr
- 61,24,800 shares
- Fresh Issue
- ₹56.35 Cr
- 61,24,800 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE SME
- Shares Pre-Issue
- 1,57,50,000
- Shares Post-Issue
- 2,18,74,800
IPO Timeline
Offer opens
31 Aug 2026
Offer closes
2 Sept 2026
Allotment
3 Sept 2026
Listing
7 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.5%17,43,600 shares
- QIB19.0%11,62,800 shares
- HNI14.3%8,73,600 shares
- Retail33.3%20,37,600 shares
- MarketMaker5.0%3,07,200 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| All categories | 37,66,800 | 54,48,79,200 | 144.65x |
| Total | 37,66,800 | 54,48,79,200 | 144.65x |
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
S-HNI (min)
3 lots · 3,600 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,20,800 |
| Small HNI (S-HNI) | 3 | 3,600 | ₹3,31,200 |
| Big HNI (B-HNI) | 10 | 12,000 | ₹11,04,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 25.8 | 104.6 | 73.01 |
| Total Income | 117.43 | 114.97 | 109.89 |
| Profit After Tax | 16.04 | 8.51 | 7.05 |
| EBITDA | 31.07 | 17.84 | 16.14 |
| Net Worth | 51.9 | 35.85 | 27.55 |
| Reserves & Surplus | 36.15 | 34.1 | 25.8 |
| Total Borrowing | 47.92 | 57.44 | 34.86 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| ROCE (%) | 26.29 | 16.27 |
| EPS (₹) | — | 10.19 |
| P/E (pre-issue) | — | 9.03 |
| P/E (post-issue) | — | 12.55 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| RSWM Reliance | 18.55 | -3.16% |
| Reliance Chemotex Industries Ltd | 16.09 | 2.95% |
| Garware Technical Fibres Ltd | 37.72 | 17.54% |
| Cedaar Textile Limited | — | 18.33% |
About Ashutosh Fibre Limited
Incorporated in 1985, Ashutosh Fibre Limited is engaged in the manufacturing and trading of technical textile products, primarily focusing on polypropylene (PP) spun yarns used across industrial and household applications. The company operates under a business-to-business (B2B) model, supplying yarns and fabrics to industrial manufacturers, processors, and institutional buyers. Products: 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 Ashutosh Fibre operates across four major categories of technical textiles — Indutech, Protech, Hometech, and Mobiltech. In the Indutech segment, the company produces polypropylene spun yarns used in filtration, geotextiles, ropes, webbings, and process industry textiles. In the Protech segment, it manufactures yarns and fabrics with strength, flame retardancy, and heat resistance properties for use in personal protective equipment, safety apparel, and industrial thermal barriers. The Hometech segment caters to home furnishing textiles, carpets, and home filtration media. In the Mobiltech segment, it produces friction-resistant yarns used in automotive friction materials such as brake pads, clutch facings, and transmission components. The company’s products serve as raw material inputs across multiple industries including filtration and pollution control, construction and infrastructure, automotive, packaging, safety and protective equipment, and home furnishing. Its manufacturing facility is equipped with five processing lines and three yarn manufacturing technologies — Ring Spun, DREF (Friction Spun), and Open-End Spinning — capable of producing yarns in counts ranging from 2 Ne to 50 Ne, in single or multiple plies. Ashutosh Fibre has also commissioned a 380 KW rooftop solar power system at its Petlad manufacturing unit for captive consumption, supporting cost efficiency and sustainability initiatives. As of June 30, 2026, the company employs approximately 169 permanent employees, including skilled, semi-skilled, and unskilled personnel across its operations.
Objects of the Issue
- Funding capital expenditure requirements towards funding of new equipment and machinery (₹25.51 Cr)
- Repayment/pre-payment, in full or in part, of certain borrowings availed by Company (₹20.00 Cr)
- General Corporate Purposes (₹2.06 Cr)
- Issue Expenses (₹8.78 Cr)
Promoters
- <p>Siddharth Prakash Patel
- Abhishek Rajendrakumar Agarwal
- Prabhas Fin-Stock Pvt.Ltd.</p>
Company Information
- Book running lead managers
- Mefcom Capital Markets Ltd.
- Registered office
- 111, New Cloth Market, Raipur, Ahmedabad, Gujarat, 380002
- Market maker
- Asnani Stock Broker Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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