Ashutosh Fibre

Ashutosh Fibre SME IPO

Listed

NSE SMEOpens 31 August 2026Closes 2 September 2026

Incorporated in 1985, Ashutosh Fibre Limited is a technical textile manufacturer and distributor specializing in polypropylene (PP) spun yarns operating under a B2B model. The company serves four core segments: Indutech…

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Price band
₹87 - ₹92
Issue size
₹56.35 Cr
Lot size
1,200 shares
Type
NSE SME
GMP
₹56 (+60.9%)
Est. listing
₹148
Est. profit / app
₹1,34,400
Retail quota
35.02%

Key ratios

As per RHP / filings
Face value
₹10
EPS
7.33
P/E ratio
12.55
RoNW
30.91%
ROE
30.91%
Debt / Equity
0.92
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Timeline

IPO Opens

31 Aug

IPO Closes

2 Sept

Allotment

3 Sept

Listing

7 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date31 August 2026
IPO Close Date2 September 2026
Allotment Date3 September 2026
Listing Date7 September 2026

Investment Categories

CategoryLotsAmount
Individual
2₹2,20,800
SHNI (Min)
3₹3,31,200
SHNI (Max)
9₹9,93,600
BHNIAbove ₹10,00,000
10₹11,04,000

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)49.96%
NII (Non-Institutional Investor)15.02%
SHNI (Small Non-Institutional Investor)5.01%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.02%
Market Maker5.28%
Total100.00%

IPO Objectives

  • 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.

Strengths

  • Four-decade operational heritage in technical textiles and specialized polypropylene (PP) spun yarns.
  • Multi-technology spinning infrastructure spanning Ring Spun, DREF (Friction Spun), and Open-End spinning (2 Ne to 50 Ne count range).
  • Diversified application base across Indutech, Protech, Hometech, and Mobiltech sectors.
  • Substantial profitability growth with PAT jumping 88.48% YoY in FY26, alongside an RoNW of 30.91%.

Weaknesses

  • Sensitivity to polymer feedstock price volatility and crude oil derivative supply chain fluctuations.
  • High working capital intensity required for raw material stocking and credit terms.
  • Competition from large composite textile producers and synthetic yarn manufacturers.
  • Revenue concentration risks characteristic of B2B industrial client relationships.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)125.8104.673.01
Revenue (₹ Cr.)117.43114.97109.89
PAT (₹ Cr.)16.048.517.05
Net Worth (₹ Cr.)51.935.8527.55

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Ashutosh Fibre2.7912.5530.91%51.9
Reliance Chemotex Industries0.615.413.69%189.21
Garware Technical Fibres5.7637.114.67%138.54

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x0x143.93x
NII1.84x4.47x200.85x
S-HNI1.28x4.68x121.34x
B-HNI2.12x4.36x240.69x
RII2.2x8.42x99.16x
Total1.61x5.59x144.65x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB11,62,80016,73,59,2001,539.7
NII8,73,60017,54,66,4001,614.29
Small NII2,91,6003,53,83,200325.53
Big NII5,82,00014,00,83,2001,288.77
RII20,37,60020,20,53,6001,858.89
Total37,66,80054,48,79,2005,012.89
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Company Details

  • Ashutosh Fibre Limited
  • Survey No. 493/1, Near Petlad Railway Station, Petlad, Anand - 388 450, Gujarat, India
  • +91 2697 224 400
  • cs@ashutoshfibre.com
  • https://www.ashutoshfibre.com/

Registrar Details

Frequently Asked Questions

What does Ashutosh Fibre Limited do?
Ashutosh Fibre Limited manufactures and supplies specialized technical textile products, primarily polypropylene (PP) spun yarns across Indutech, Protech, Hometech, and Mobiltech industrial applications.
What are the IPO dates for Ashutosh Fibre SME IPO?
The Ashutosh Fibre SME IPO opens for subscription on August 31, 2026, and closes on September 2, 2026 (Anchor bidding opened on August 28, 2026).
What is the price band and minimum investment for Ashutosh Fibre SME IPO?
The price band is fixed at ₹87.00 to ₹92.00 per equity share. Retail investors can apply for a minimum lot of 2 lots (2,400 shares), amounting to ₹2,20,800 at the upper price band.
What is the total issue size of Ashutosh Fibre SME IPO?
The total issue size is ₹56.35 Crores (58,17,600 equity shares), consisting of a Fresh Issue aggregating ₹53.52 Crores.
What is the tentative listing date for Ashutosh Fibre SME IPO?
The equity shares of Ashutosh Fibre Limited are tentatively scheduled to list on the NSE SME platform on September 7, 2026.

Ashutosh Fibre SME IPO News & Updates

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Ashutosh Fibre SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Ashutosh Fibre SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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