Ashutosh Fibre IPO is a Book Built SME public issue of Ashutosh Fibre Limited. The IPO comprises a fresh issue of 58,17,600 equity shares with a face value of ₹10 per share. There is no Offer for Sale component. At the upper price band of ₹92 per share, the fresh issue amounts to approximately ₹53.52 crore. Including the market maker reservation portion, the total issue size is approximately ₹56.35 crore. The equity shares are proposed to be listed on the NSE SME platform.
Ashutosh Fibre IPO is scheduled to open for subscription on 31 August 2026 and close on 2 September 2026. The basis of allotment is scheduled for 3 September 2026, refunds and credit of shares to demat accounts are scheduled for 4 September 2026, and the proposed listing date is 7 September 2026. Anchor investor bidding is scheduled for 28 August 2026.
Ashutosh Fibre Limited was founded in 1985 and is engaged in manufacturing and trading technical textile products, with a primary focus on polypropylene spun yarn and specialised high-performance yarns. Its product portfolio includes para-aramid-based spun yarn, high-tenacity polyester yarn, meta-aramid and FR viscose yarn, polypropylene yarn, modacrylic-based yarn and poly-poly corespun yarn.
The company’s products are used across technical textile applications including filtration, industrial textiles, protective equipment, home furnishings, automotive friction materials and other specialised applications. The company operates across Indutech, Protech, Hometech and Mobiltech segments.
Ashutosh Fibre operates a manufacturing facility equipped with multiple spinning and processing technologies, including Ring Spun, DREF friction spinning and Open-End Spinning. The company manufactures yarn in counts ranging from 2 Ne to 50 Ne in single-ply and multi-ply forms. It also has a 380 KW rooftop solar power plant at its Petlad manufacturing unit.
The company proposes to use the IPO proceeds primarily for capital expenditure towards new equipment and machinery and repayment or prepayment of certain borrowings. The remaining amount is proposed to be used for general corporate purposes.
Investors should carefully evaluate the company’s financial performance, technical-textile market, raw-material costs, customer and supplier concentration, borrowings, competition and execution of the proposed capital expenditure before making an investment decision.
Ashutosh Fibre IPO Details
| Information | Details |
|---|---|
| IPO Name | Ashutosh Fibre IPO |
| Company Name | Ashutosh Fibre Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹87 to ₹92 Per Share |
| Issue Size | Approx. ₹56.35 Crore |
| Fresh Issue | 58,17,600 Equity Shares |
| Fresh Issue Amount | Approx. ₹53.52 Crore |
| Offer for Sale | Nil |
| Total Issue Shares | 61,24,800 Equity Shares |
| Market Maker Reservation | 3,07,200 Equity Shares |
| Net Issue | 58,17,600 Equity Shares |
| IPO Open Date | 31 August 2026 |
| IPO Close Date | 2 September 2026 |
| Anchor Investor Bidding | 28 August 2026 |
| Basis of Allotment | 3 September 2026 |
| Refund Initiation | 4 September 2026 |
| Shares Credited to Demat Account | 4 September 2026 |
| Listing Date | 7 September 2026 |
| Listing Exchange | NSE SME |
| Lot Size | 1,200 Equity Shares |
| Minimum Application | 2 Lots (2,400 Shares) |
| Minimum Application Amount | ₹2,20,800 |
| Registrar | KFin Technologies Limited |
| Book Running Lead Manager | Mefcom Capital Markets Limited |
| Market Maker | Asnani Stock Broker Private Limited |
| DRHP | Available |
| RHP | Available |
At the upper price band of ₹92, the total issue of 61,24,800 shares represents approximately ₹56.35 crore. Of this, 58,17,600 shares constitute the fresh issue and 3,07,200 shares are reserved for the market maker. The fresh issue therefore amounts to approximately ₹53.52 crore.
Ashutosh Fibre IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 28 August 2026 |
| IPO Opening Date | 31 August 2026 |
| IPO Closing Date | 2 September 2026 |
| Basis of Allotment | 3 September 2026 |
| Refund Initiation | 4 September 2026 |
| Shares Credited to Demat Account | 4 September 2026 |
| Listing Date | 7 September 2026 |
Ashutosh Fibre IPO is scheduled to open on 31 August 2026 and close on 2 September 2026. The basis of allotment is scheduled for 3 September 2026, followed by refunds and demat credit on 4 September 2026. The proposed listing date is 7 September 2026.
Ashutosh Fibre IPO Reservation
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| Anchor Investor | 17,43,600 Shares | Included in QIB | 28.47% |
| QIB (Ex. Anchor) | 11,62,800 Shares | 19.99% | 18.99% |
| Non-Institutional Investors (NII) | 8,73,600 Shares | 15.02% | 14.26% |
| Retail Individual Investors (RII) | 20,37,600 Shares | 35.03% | 33.27% |
| Market Maker | 3,07,200 Shares | — | 5.01% |
| Total | 61,24,800 Shares | 100% | 100% |
The anchor investor allocation forms part of the QIB portion. The issue includes 17,43,600 shares for anchor investors, 11,62,800 shares for QIBs excluding anchor investors, 8,73,600 shares for NIIs and 20,37,600 shares for retail investors. A separate 3,07,200-share market maker reservation is included.
Ashutosh Fibre IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 2,400 Shares | ₹2,20,800 |
| Retail Maximum | 2 Lots | 2,400 Shares | ₹2,20,800 |
| S-HNI Minimum | 3 Lots | 3,600 Shares | ₹3,31,200 |
| S-HNI Maximum | 9 Lots | 10,800 Shares | ₹9,93,600 |
| B-HNI Minimum | 10 Lots | 12,000 Shares | ₹11,04,000 |
The Ashutosh Fibre IPO market lot is 1,200 shares. The minimum application for individual investors is 2 lots, or 2,400 shares. At the upper price band of ₹92, the minimum application amount is ₹2,20,800.
About Ashutosh Fibre Limited
Ashutosh Fibre Limited was founded in 1985 and operates in the technical textiles industry. The company manufactures and trades technical textile products, particularly specialised yarns designed for industrial and performance-oriented applications.
Its product range includes polypropylene spun yarn, para-aramid-based spun yarn, high-tenacity polyester yarn, meta-aramid and FR viscose yarn, modacrylic-based yarn and poly-poly corespun yarn.
The company’s products are used in several technical textile segments. Indutech products are used in filtration, ropes, geotextiles and industrial textiles. Protech products are designed for protective and safety applications. Hometech products are used in home furnishings, carpets and filtration media, while Mobiltech products are used in automotive friction materials.
The company operates on a B2B model and supplies products to industrial manufacturers, processors and institutional customers. It had 109 customers and 49 suppliers during FY2026.
As of 30 June 2026, the company had approximately 169 permanent employees.
Business Operations
Ashutosh Fibre operates across several technical textile and specialised yarn categories.
- Indutech – Products used for filtration, ropes, geotextiles and industrial textile applications.
- Protech – High-strength, flame-resistant and heat-resistant products used for protective and safety applications.
- Hometech – Products used in home furnishings, carpets and home filtration media.
- Mobiltech – Specialised yarns used in automotive friction materials such as brake pads and clutch components.
- Polypropylene Yarn – The company manufactures polypropylene spun yarn for industrial and household applications.
- Para-Aramid Yarn – Specialised yarn designed for high-performance applications.
- High-Tenacity Polyester Yarn – Used where strength and durability are required.
- Meta-Aramid and FR Viscose Yarn – Used in protective and flame-resistant applications.
- Modacrylic-Based Yarn – Used in specialised technical textile applications.
- Poly-Poly Corespun Yarn – Used in performance-oriented textile applications.
The company uses multiple spinning technologies, including Ring Spun, DREF friction spinning and Open-End Spinning. Its facility can manufacture yarn in counts ranging from 2 Ne to 50 Ne in single-ply and multi-ply forms.
Industry Overview
The technical textiles industry serves a wide range of industrial and specialised applications beyond conventional apparel and home textiles.
Technical textile products are increasingly used in filtration, automotive components, protective equipment, construction, industrial applications, geotextiles and other specialised sectors.
Ashutosh Fibre participates in this market through specialised yarn manufacturing. Its presence across Indutech, Protech, Hometech and Mobiltech provides exposure to several end-use industries rather than relying entirely on conventional textile applications.
The company’s products are primarily supplied to B2B customers. Demand is therefore influenced by industrial activity, customer production requirements, raw-material prices and broader economic conditions.
The sector also remains competitive, with manufacturers required to maintain product quality, technical capabilities, pricing competitiveness and reliable customer relationships.
Business Strategy
Ashutosh Fibre intends to strengthen its manufacturing capabilities through investment in new equipment and machinery.
The company has proposed using ₹25.51 crore of the IPO proceeds towards capital expenditure for new equipment and machinery. A further ₹20 crore is proposed for repayment or prepayment of certain borrowings. The balance is intended for general corporate purposes.
Investment in new machinery is expected to support production capabilities and operational efficiency. Debt repayment could also reduce the company’s borrowing burden and associated finance costs.
The company also aims to leverage its existing presence across specialised technical textile segments and its customer relationships to support future growth.
Ashutosh Fibre IPO Financial Information
The company’s financial performance has shown growth in revenue and profitability during the reported financial years.
Revenue increased from ₹109.89 crore in FY2024 to ₹114.97 crore in FY2025 and ₹117.43 crore in FY2026. Profit After Tax increased from ₹7.05 crore in FY2024 to ₹8.51 crore in FY2025 and ₹16.04 crore in FY2026. EBITDA increased from ₹16.14 crore in FY2024 to ₹17.84 crore in FY2025 and ₹31.07 crore in FY2026.
Ashutosh Fibre Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | ₹109.89 Crore | ₹114.97 Crore | ₹117.43 Crore |
| EBITDA | ₹16.14 Crore | ₹17.84 Crore | ₹31.07 Crore |
| Profit After Tax (PAT) | ₹7.05 Crore | ₹8.51 Crore | ₹16.04 Crore |
| Total Assets | ₹73.01 Crore | ₹104.60 Crore | ₹112.06 Crore |
| Net Worth | ₹27.55 Crore | ₹35.85 Crore | ₹51.90 Crore |
| Total Borrowings | ₹34.86 Crore | ₹57.44 Crore | ₹47.92 Crore |
The company recorded a significant improvement in profitability in FY2026, with PAT increasing from ₹8.51 crore in FY2025 to ₹16.04 crore. Borrowings declined from ₹57.44 crore in FY2025 to ₹47.92 crore in FY2026.
Ashutosh Fibre IPO Key Performance Indicators (KPIs)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 30.91% |
| Return on Capital Employed (ROCE) | 26.29% |
| Return on Net Worth (RONW) | 30.91% |
| EBITDA Margin | 26.47% |
| PAT Margin | 13.67% |
| Debt-to-Equity Ratio | 0.92 |
| Earnings Per Share (EPS) | ₹10.19 |
| Net Asset Value (NAV) Per Share | ₹32.95 |
| Pre-Issue P/E | 9.03x |
| Post-Issue P/E | 12.55x |
The FY2026 financial indicators show ROE and RONW of 30.91%, ROCE of 26.29%, EBITDA margin of 26.47% and PAT margin of 13.67%. The reported debt-to-equity ratio was 0.92.
Objects of the Ashutosh Fibre IPO
The company proposes to utilise the net proceeds from the fresh issue for the following purposes:
| Object of the Issue | Amount |
|---|---|
| Capital Expenditure for New Equipment and Machinery | ₹25.51 Crore |
| Repayment/Prepayment of Certain Borrowings | ₹20.00 Crore |
| General Corporate Purposes | Balance Amount |
| Total Fresh Issue | ₹53.52 Crore |
The company plans to allocate ₹25.51 crore towards new equipment and machinery and ₹20 crore towards repayment or prepayment of certain borrowings. The remaining amount is proposed to be used for general corporate purposes.
Ashutosh Fibre IPO GMP
Ashutosh Fibre IPO GMP refers to the unofficial premium at which the shares may trade in the grey market before listing.
| Particular | Value |
|---|---|
| Ashutosh Fibre IPO GMP | ₹13 |
| IPO Price | ₹87 to ₹92 |
| Estimated Listing Price | ₹105 |
| GMP Percentage | 14.13% |
The latest available grey-market indication on 26 August 2026 was ₹13, implying an indicative listing price of ₹105 at the upper price band. GMP is unofficial and can change before listing. It should not be treated as a guaranteed listing price or return.
Ashutosh Fibre IPO Listing Performance
Ashutosh Fibre shares are scheduled to be listed on the NSE SME platform on 7 September 2026.
| Particular | Value |
|---|---|
| Listing Exchange | NSE SME |
| Listing Date | 7 September 2026 |
| Issue Price | ₹92 Per Share |
| Listing Price | |
| Listing Gain | |
| Listing Gain (%) |
The listing price and listing gain are kept blank because the IPO is upcoming and the shares have not yet commenced trading.
Ashutosh Fibre IPO Subscription Status
Ashutosh Fibre IPO is scheduled to open for subscription on 31 August 2026 and close on 2 September 2026.
Ashutosh Fibre IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | |
| Non-Institutional Investors (NII) | |
| Retail Individual Investors (RII) | |
| Employee Category | |
| Total Subscription |
Subscription figures are kept blank because the IPO has not yet opened for public bidding. The subscription figures should be updated after the bidding begins.
Ashutosh Fibre IPO Review
Ashutosh Fibre Limited operates in the technical textiles industry with a focus on specialised yarn products. The company has been operating since 1985 and has developed a product portfolio serving industrial, protective, automotive, filtration and household applications.
Its presence across Indutech, Protech, Hometech and Mobiltech provides exposure to multiple technical textile applications. The company’s manufacturing capabilities include Ring Spun, DREF friction spinning and Open-End Spinning technologies.
Financially, the company reported revenue of ₹117.43 crore and PAT of ₹16.04 crore in FY2026. PAT increased substantially from ₹8.51 crore in FY2025, while EBITDA increased to ₹31.07 crore.
The company also reduced total borrowings from ₹57.44 crore in FY2025 to ₹47.92 crore in FY2026. However, its debt-to-equity ratio remained at 0.92, making debt management an important factor for investors to monitor.
The IPO proceeds are primarily intended for new equipment and machinery and repayment or prepayment of borrowings. These uses can support production capacity and balance-sheet improvement, although the benefits will depend on successful execution and future demand.
The technical textile industry offers opportunities from increasing industrial applications and demand for specialised materials. However, the company remains exposed to raw-material price fluctuations, competition, customer concentration, supplier dependence and changes in industrial demand.
Overall, Ashutosh Fibre IPO provides exposure to a specialised technical textile manufacturer with an established operating history, diversified product portfolio and improved FY2026 profitability. Investors should evaluate the IPO valuation, financial performance, debt position, industry risks and proposed use of funds before making an investment decision.
Ashutosh Fibre IPO Strengths
- Established operating history dating back to 1985.
- Focus on specialised technical textile products.
- Diversified presence across Indutech, Protech, Hometech and Mobiltech segments.
- Multiple spinning and manufacturing technologies.
- Products serve industrial, automotive, filtration and protective applications.
- Established B2B customer relationships.
- Improved profitability during FY2026.
- Strong reported ROE and ROCE.
- Proposed investment in new equipment and machinery.
- Part of the IPO proceeds will be used to reduce borrowings.
- 380 KW rooftop solar power plant at the Petlad manufacturing facility.
Ashutosh Fibre IPO Risk Factors
- The company operates in a competitive technical textile industry.
- Fluctuations in raw-material prices can affect margins.
- Dependence on industrial customers may affect demand during economic slowdowns.
- Customer concentration can create business risk if major customers reduce orders.
- Supplier concentration may affect production and procurement.
- The company has significant borrowings.
- New equipment and machinery expenditure involves execution and utilisation risks.
- Changes in textile and industrial demand can affect revenue.
- Technical textile products require continuous quality and technological capabilities.
- SME-listed shares may have lower liquidity compared with mainboard stocks.
Ashutosh Fibre IPO Promoters
The promoters of Ashutosh Fibre Limited are Siddharth Prakash Patel, Abhishek Rajendrakumar Agarwal and Prabhas Fin-Stock Private Limited. The promoter and promoter group held 59.79% before the IPO and are expected to hold 43.05% after the issue.
Ashutosh Fibre IPO Promoters Details
| Promoter | Designation |
|---|---|
| Siddharth Prakash Patel | Promoter |
| Abhishek Rajendrakumar Agarwal | Promoter |
| Prabhas Fin-Stock Private Limited | Promoter |
The promoter group held approximately 59.79% of the company before the IPO. The post-issue promoter holding is expected to reduce to approximately 43.05%.
Ashutosh Fibre IPO Management Team
| Name | Designation |
|---|---|
| Siddharth Prakash Patel | |
| Abhishek Rajendrakumar Agarwal | |
| Prabhas Fin-Stock Private Limited |
The specific individual designations beyond the promoter status are left blank where the available information does not provide sufficient confirmation.
Ashutosh Fibre IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, processing refunds, crediting shares to successful applicants and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Website | |
| IPO Allotment Status | |
| Email ID | [email protected] |
| Contact Number | +91-40-67162222 / +91-40-79615565 |
KFin Technologies Limited is the registrar to the Ashutosh Fibre IPO. The company’s IPO-related registrar contact information includes [email protected].
Ashutosh Fibre IPO Lead Manager Details
Mefcom Capital Markets Limited is the Book Running Lead Manager for the Ashutosh Fibre IPO.
| Particular | Details |
|---|---|
| Lead Manager | Mefcom Capital Markets Limited |
| Role | Book Running Lead Manager |
Ashutosh Fibre Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Ashutosh Fibre Limited |
| Registered Office | 111, New Cloth Market, Raipur, Ahmedabad, Gujarat – 380002 |
| Website | https://www.ashutoshfibre.com/ |
| Email ID | [email protected] |
| Contact Number | +91 9727 559 799 |
The registered office and contact details are provided for Ashutosh Fibre Limited.
How to Check Ashutosh Fibre IPO Allotment Status
Investors can check the Ashutosh Fibre IPO allotment status after the basis of allotment is finalised through the registrar’s IPO allotment facility.
Through KFin Technologies Limited
- Visit the KFin Technologies IPO allotment facility.
- Select Ashutosh Fibre IPO from the available IPO list.
- Select PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Submit the information to view the allotment status.
The basis of allotment is scheduled for 3 September 2026, while refunds and credit of shares to demat accounts are scheduled for 4 September 2026. The proposed listing date is 7 September 2026.
Ashutosh Fibre IPO Conclusion
Ashutosh Fibre IPO provides investors with an opportunity to invest in an SME company operating in the technical textiles industry.
The company manufactures and trades specialised yarn products serving industrial, protective, filtration, automotive and household applications. Its presence across multiple technical textile segments provides diversification across end-use industries.
The company reported revenue of ₹117.43 crore and PAT of ₹16.04 crore in FY2026. PAT increased significantly from ₹8.51 crore in FY2025, while EBITDA increased to ₹31.07 crore.
The IPO has a price band of ₹87 to ₹92 per share, with a total issue size of approximately ₹56.35 crore including the market maker reservation. The fresh issue amounts to approximately ₹53.52 crore.
The company intends to use ₹25.51 crore towards new equipment and machinery and ₹20 crore towards repayment or prepayment of certain borrowings.
However, investors should consider raw-material price volatility, competition, customer and supplier concentration, borrowings, technical-textile demand and execution risks before investing.
Since the IPO is upcoming, subscription figures and actual listing performance have been left blank. Investors should consider the final offer documents and latest available information before making an investment decision.
Ashutosh Fibre IPO FAQs
What is Ashutosh Fibre IPO?
Ashutosh Fibre IPO is a Book Built SME public issue of Ashutosh Fibre Limited, a manufacturer and trader of technical textile products and specialised yarns.
What is the Ashutosh Fibre IPO Price?
The Ashutosh Fibre IPO price band is ₹87 to ₹92 per equity share.
What is the Ashutosh Fibre IPO Issue Size?
The total Ashutosh Fibre IPO issue size is approximately ₹56.35 crore, including the market maker reservation. The fresh issue comprises 58,17,600 shares worth approximately ₹53.52 crore at the upper price band.
When will Ashutosh Fibre IPO open and close?
The Ashutosh Fibre IPO is scheduled to open on 31 August 2026 and close on 2 September 2026.
What is the Ashutosh Fibre IPO Lot Size?
The Ashutosh Fibre IPO lot size is 1,200 equity shares. The minimum application is 2 lots, or 2,400 shares.
What is the minimum investment in Ashutosh Fibre IPO?
At the upper price band of ₹92 per share, the minimum application of 2,400 shares requires ₹2,20,800.
What is the Ashutosh Fibre IPO GMP?
The latest available grey-market premium is ₹13 as of 26 August 2026. GMP is unofficial and can change before listing.
When is the Ashutosh Fibre IPO Allotment Date?
The Ashutosh Fibre IPO basis of allotment is scheduled for 3 September 2026.
What is the Ashutosh Fibre IPO Listing Date?
Ashutosh Fibre shares are scheduled to be listed on the NSE SME platform on 7 September 2026.
Who is the registrar for Ashutosh Fibre IPO?
KFin Technologies Limited is the registrar to the Ashutosh Fibre IPO.
