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Home IPOs Ashutosh Fibre Ltd
AS
Ashutosh Fibre Ltd
UPCOMING NSE SME Bookbuilding IPO Fresh capital only
GREY MARKET PREMIUM
₹ + 25
+27% expected return
EST. LISTING PRICE
₹117
Issue Price: ₹ 92
Issue Price
₹92
Face Value
₹10
Lot Size
1,200 shares
Open Date
31 Aug 2026
Close Date
02 Sep 2026
Allotment
03 Sep 2026
Listing Date
07 Sep 2026
Exchange
NSE SME
About the Company

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.

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 August 31, 2025, the company employs approximately 156 permanent employees, including skilled, semi-skilled, and unskilled personnel across its operations.

Objects of the Issue
Purpose Amount (₹ Cr)
Funding capital expenditure requirements towards funding of new equipment and machinery ₹25
Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company; and ₹25
General Corporate Purposes
Lead Managers
Financial Summary Amount in ₹ Crores
Metric 31 Mar 2025 31 Mar 2024 31 Mar 2023
Total Assets 105 73 60
Revenue 115 110 98
PAT 9 7 3
Net Worth 36 28 21
Reserves 19 26 19
Total Borrowing 57 35 30
Key Financial Ratios
ROE
26
RONW
31
PAT Margin
14
EBITDA Margin
26
Debt/Equity
1
P/BV
3
Issue Details
Total Shares Offered
6,124,800
Reserved for Market Maker
307,200 shares (agg. up to ₹3 Cr)
Net Offer to Public
6,692,800 shares (agg. up to ₹62 Cr)
Pre-Issue Shareholding
15,750,000 shares
Post-Issue Shareholding
22,750,000 shares
IPO Analytics Dashboard
LIVE
IPO Insights
📊
Valuation
Good
IPO Strength Score
6 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB 2,906,400
💼 NII / HNI 873,600
👤 Retail (RII) 2,037,600
📊 Market Maker 307,200
Σ Total 6,124,800

* Amount calculated at upper price band (₹92) ·  ** Total includes all investor categories

Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 2,400
Min. Investment ₹220,800
💼 HNI Investors ?
Min. Lots 3
Min. Shares 3,600
Min. Investment ₹331,200
Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 5
Post-Issue EPS ?
₹ 4
Pre-Issue P/E ?
17 x
Post-Issue P/E ?
25 x
IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 04 Sep 2026
  2. 2 📂 Credit of Shares to Demat 04 Sep 2026
Investor Interpretation
  • The IPO P/E of 25x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹5 compares to post-issue EPS of ₹4 after dilution.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

Company Info
📍 111 New Cloth Market Raipur Ahmedabad, Gujarat, 380002
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Registrar
Kfin Technologies Ltd
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