Ashutosh Fibre Limited
Bookbuilding IPO · NSE
- Price band
- ₹87 – ₹92
- Lot size
- 1,200 shares
- Issue amount
- ₹56.35 cr
- Total subscription
- 133.82×
- Opens
- 31 Aug 2026
- Closes
- 2 Sept 2026
- Allotment
- 3 Sept 2026
- Listing
- 7 Sept 2026
Offer at a glance
Issue overview
- Issue size
- 61,24,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,04,400
- Fresh issue
- ₹56.35 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,10,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,57,50,000
- Shares after issue
- 2,27,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,20,800 |
| sHNI | 3 | 3,600 | ₹3,31,200 |
| bHNI | 10 | 12,000 | ₹11,04,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 2 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 92 |
| NIB | 0 | 20,729 |
| RETAIL | 849 | 84,189 |
| HNIs(10L +) | 162 | 11,504 |
| HNIs (2-10L) | 81 | 9,225 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 10.7 | 1,539.7 |
| FIIs | 0 | 230.64 |
| FIs | 0 | 175.01 |
| Mutual Funds | 0 | 0.07 |
| Others | 0 | 1,134 |
| RETAIL | 18.75 | 1,858.89 |
| HNIs 2+ | 2.68 | 325.53 |
| HNIs 10+ | 5.35 | 1,291.59 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 10.19 | 5.4 | 4.48 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 30.91 | 23.73 | 25.58 |
| PRE IPO(PE) | 9.03 | 0 | 0 |
| POST IPO(PE) | 12.55 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Ashutosh Fibre Limited | 9.03 | 92.00 | 10 | 32.95 | 30.91 | 10.19 |
| RSWM Limited | 18.55 | 204.83 | 10 | 291.21 | 3.79 | 11.04 |
| Reliance Chemotex Industries Limited | 16.09 | 112.18 | 10 | 189.23 | 3.69 | 6.97 |
| Garware Technical Fibres Limited | 37.72 | 802.6 | 10 | 133.71 | 15.92 | 21.28 |
| Cedaar Textile Limited | 0 | 13.8 | 10 | 34.9 | -147.39 | -56.16 |
Company information
Company profile
Ashutosh Fibre Limited, incorporated in 1985, is engaged in the manufacturing and trading of technical textile products, mainly polypropylene (PP) spun yarns used in various industrial and household applications. The company operates on a B2B model and supplies yarns and fabrics to industrial manufacturers, processors, and institutional customers. Its products are used across four key segments: Indutech for filtration, geotextiles, ropes, and industrial textiles; Protech for protective clothing and heat-resistant applications; Hometech for carpets, home furnishings, and filtration media; and Mobiltech for automotive components such as brake pads and clutch facings. The company operates a manufacturing facility equipped with multiple yarn production technologies and processing lines, enabling it to produce different yarn counts and specifications. It also uses a rooftop solar power system for captive consumption, supporting its focus on operational efficiency and sustainability.
Strengths
- Diverse Technical Yarn Portfolio: The company offers specialised technical yarns for industries such as industrial, protective, automotive and home applications, serving areas like filtration, safety equipment and construction.
- Advanced Spinning Technologies: The company uses Ring Spun, DREF (Friction Spun) and Open-End Spinning technologies, enabling it to produce different types of yarn for various applications.
- Focus on Quality & Sustainability: The company follows strict quality standards and has ISO and OEKO-TEX certifications. Its fibre recycling processes and 380 KW rooftop solar system also support its sustainability efforts.
Risk factors
- Raw Material Procurement Risk: The company does not have long-term agreements with raw material suppliers. Any difficulty in getting the required quality or quantity at competitive prices could affect its operations and financial performance.
- Customer Concentration Risk: A significant portion of revenue comes from key customers. Losing major customers, lower demand or financial problems faced by these customers could negatively impact revenue, profits and cash flow.
- Export & Foreign Trade Risk: The company has export obligations under certain duty exemption schemes. Failure to meet these obligations or changes in foreign trade policies could negatively affect its business and financial performance.
Promoters
Siddharth Prakash Patel
Abhishek Rajendrakumar Agarwal
Registrar & documents
Lead manager
Mefcom Capital Markets Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
111 New Cloth Market Raipur Ahmedabad, Gujarat, 380002
+ 91 9727 559 79
[email protected]Company website ↗Understanding ASHUTOSH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.