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Ashutosh Fibre IPO
Price Band
₹87.0–92.0
Issue Size
₹56.35 Cr
Lot Size
1,200 shares
Min Investment
₹220,800
2 LOTS MIN
GMP
+₹56.0 (60.87%)
Issue Price
₹92.0
Subject to Sauda
₹51100
Paid only if allotted
Ashutosh Fibre IPO AI Summary
- Ashutosh Fibre IPO is listed on NSE SME in the Trading - Textile Products sector.
- Price band: ₹87.0–₹92.0 per share, lot size 1,200 shares (min. investment ₹220,800, 2 lots minimum).
- Subscription window: 31 Aug–02 Sep 2026, listing on 07 Sep 2026.
- Current GMP is +₹56.0 (60.87%), an estimated listing price of ₹148 — unofficial and can change daily.
Ashutosh Fibre Limited is set to launch its IPO with a price band of ₹87.0 to ₹92.0, aiming to raise ₹56.35 Cr. The company has shown consistent revenue and profit growth, supported by strong subscription interest across investor categories.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
144.65x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
143.93x
|
144x 🔥 |
| NII (HNI) |
200.85x
|
201x 🔥 |
| ↳ bNII (>₹10L) |
240.69x
|
241x 🔥 |
| ↳ sNII (<₹10L) |
121.34x
|
121x 🔥 |
| Retail (RII) |
99.16x
|
99x ✓ |
| Total | 144.65x | 144.65x |
Auto-updated every 5 min · As of 2nd Sep 2026 18:57
Ashutosh Fibre IPO Grey Market Premium (GMP) Today
GMP
+₹56.0
GMP %
+60.87%
Est. Listing
₹148.0
Updated: 07 Sep 2026 08:15
GMP Trend (Last 13 Days)
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.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 25.80 | 104.60 | 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 | 51.90 | 35.85 | 27.55 |
| Reserves and Surplus | 36.15 | 34.10 | 25.80 |
| Total Borrowing | 47.92 | 57.44 | 34.86 |
Key Ratios
EPS
₹10.19
NAV
₹204.87
ROCE
16.27%
RoNW
23.73%
P/B Value
0.45
P/E Ratio
9.03
Market Cap
₹201.25 Cr
PAT Margin
7.46%
Debt/Equity
1.60
Peer Comparison
| Company | NAV | RoNW | EPS Basic | EPS Diluted | P/E (x) |
|---|---|---|---|---|---|
| Cedaar Textile Limited | 34.9 | 18.33% | -56.16 | -56.16 | — |
| Garware Technical Fibres Ltd | 133.71 | 17.54% | 21.28 | 21.28 | 37.72 |
| Reliance Chemotex Industries Ltd | 189.23 | 2.95% | 6.97 | 6.97 | 16.09 |
| RSWM Reliance | 291.21 | -3.16% | 11.04 | 11.04 | 18.55 |
| Ashutosh Fibre This IPO | 32.95 | 23.73% | 10.19 | 10.19 | — |
Promoters
Siddharth Prakash Patel, Abhishek Rajendrakumar Agarwal, Prabhas Fin-Stock Pvt.Ltd.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements towards funding of new equipment and machinery 25.51 2 Repayment/pre-payment, in full or in part, of certain borrowings availed by Company 20.00 3 General Corporate Purposes 2.06 4 Issue Expenses 8.78 Total 56.35
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹109.89 Cr in the period ending 31 Mar 2024, rising to ₹114.97 Cr by 31 Mar 2025, and further increasing to ₹117.43 Cr in the most recent period ending 31 Mar 2026.
Profit Trend
Profit After Tax was ₹7.05 Cr in the period ending 31 Mar 2024, increasing to ₹8.51 Cr by 31 Mar 2025, and further rising to ₹16.04 Cr in the most recent period ending 31 Mar 2026.
Valuation
At the issue price of ₹92.0, Ashutosh Fibre has an implied P/E ratio of 9.03 based on its earnings per share (EPS) of ₹10.19. This compares to peers trading at a P/E range of 16.09 to 37.72.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before it officially lists. A positive GMP suggests strong demand, while a negative GMP indicates weak demand.
Subscription Demand
As of 2nd Sep 2026, the IPO was subscribed 144.65 times overall. The breakdown includes QIBs at 143.93 times, NIIs at 200.85 times, and Retail investors at 99.16 times, indicating strong interest across all categories.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance.
Who May Want to Wait
Investors who prefer stable returns and are averse to the risks associated with new market entrants may consider avoiding this IPO.
IPO Timeline, Explained
The IPO opens on 31st August 2026 and closes on 2nd September 2026. Allotment is expected on 3rd September 2026, with the listing scheduled for 7th September 2026.
Listing Gains — The Risk
Listing gains can be unpredictable. While a strong demand indicated by GMP may suggest potential gains, market conditions on the listing date can significantly affect actual performance.
This evaluation is generated from Ashutosh Fibre's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Ashutosh Fibre IPO GMP today?
Ashutosh Fibre IPO GMP today is +₹56.0 (60.87%), indicating an estimated listing price of ₹148. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Ashutosh Fibre IPO?
The price band of Ashutosh Fibre IPO is ₹87.0–₹92.0 per share.
When does Ashutosh Fibre IPO open and close?
Ashutosh Fibre IPO opens on 31 August 2026 and closes on 02 September 2026.
When does Ashutosh Fibre IPO list on the stock exchange?
Ashutosh Fibre IPO listed on 07 September 2026 at ₹148.0.
What is the lot size for Ashutosh Fibre IPO?
The lot size for Ashutosh Fibre IPO is 1200 shares, requiring a minimum investment of ₹220,800 (2 lots).
What is the lot size for this IPO?
The lot size for Ashutosh Fibre's IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹220,800.
What is the price band for the IPO?
The price band for the IPO is between ₹87.0 and ₹92.0.
When is the listing date for the IPO?
The listing date for the IPO is 7th September 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
31 Aug 2026
Close
02 Sep 2026
Allotment
03 Sep 2026
Listing
07 Sep 2026
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