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Ashutosh Fibre IPO

Since its founding in 1985, Ashutosh Fibre has manufactured and traded technical textile products, especially PP (polypropylene) spun yarn. Its product portfolio includes Para Aramid-Based Spun Yarn, High Tenacity Polyester Yarn, Meta Aramid and FR Viscose Yarn, 100% Polypropylene Yarn, Modacrylic-Based Yarn, and Poly Poly Corespun Yarn.

IPO GMP

+₹56

+61% expected gain

Price Band

₹92

Lot Size

2400 shares

Min Investment

₹2,20,800

Listing Date

September 7, 2026

About Ashutosh Fibre

Company overview, business, and key facts.

Since its founding in 1985, Ashutosh Fibre has manufactured and traded technical textile products, especially PP (polypropylene) spun yarn. Its product portfolio includes Para Aramid-Based Spun Yarn, High Tenacity Polyester Yarn, Meta Aramid and FR Viscose Yarn, 100% Polypropylene Yarn, Modacrylic-Based Yarn, and Poly Poly Corespun Yarn.

Ashutosh Fibre makes technical textiles across 4 major categories: Indutech, Protech, Hometech, and Mobiltech.

Moreover, its manufacturing facility is equipped with 5 production/processing lines and 3 different methods to make yarn: Ring Spun, DREF (Friction Spun), and Open-End Spinning, ranging from 2 Ne to 50 Ne.

Headquarters

Ahmedabad, Gujarat

Promoters

Siddharth Prakash Patel, Abhishek Rajendrakumar Agarwal, Prabhas Fin-Stock Pvt

Website

https://www.ashutoshfibre.com/

IPO Details

Issue TypeBook Building Issue
Face Value₹10
Price Band₹92
Lot Size2400 shares
Total Issue Size₹56.35 Cr
Fresh Issue₹56.35 Cr
Offer for Sale—
Listing AtNSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)143.93x
Non-Institutional (NII)148.76x
Retail Individual (RII)97.64x
Total Subscription123.7x

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2024₹109.89₹7.05₹73.01
    2025₹114.97₹8.51₹104.60
    2026₹117.43₹16.04₹25.80

    Figures are indicative and restated for presentation.

    Ashutosh Fibre IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Market cap at upper band

    ₹201.2 Cr

    Post-IPO shares × upper price band

    P/E on 2026 profit

    12.5x

    Peer median 18.6x (discount of 32.8%)

    Price to sales

    1.71x

    Revenue growth, 2026

    +2.1%

    3.4% a year over the period

    Profit growth, 2026

    +88.5%

    50.8% a year over the period

    Profit margin (PAT)

    13.7%

    EBITDA margin 26.47%

    ROE / ROCE

    30.91% / 26.29%

    As published in the offer document

    Debt to equity

    0.92

    Promoter holding

    59.79% → 43.05%

    Before → after the IPO

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹1,34,400

    2400 shares on ₹2,20,800. GMP is unofficial.

    What stands out

    • Profit grew 88.5% in 2026.
    • Priced at a 32.8% discount to the peer median P/E of 18.6.
    • GMP has been rising over the last three readings.

    Watch-outs

    • 1 use-of-proceeds item(s) have no disclosed amount.
    • Promoter holding drops to 43.05% after the IPO.
    Listing price scenarios
    If the current GMP holds₹148.00+60.9%
    If the grey market premium disappears₹92.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Ashutosh Fibre's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Ashutosh Fibre IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Ashutosh Fibre IPO is trading at a grey market premium (GMP) of +₹56 (+61% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 123.7x overall — QIB: 143.93x, NII: 148.76x, Retail: 97.64x.

    Ashutosh Fibre IPO subscription has closed. The shares are expected to list on September 7, 2026.

    The minimum investment required is ₹2,20,800 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Ashutosh Fibre IPO — Frequently Asked Questions

    What is Ashutosh Fibre IPO GMP today?

    Ashutosh Fibre IPO GMP (grey market premium) today is +₹56, suggesting an estimated listing gain of +61%. GMP is indicative and subject to change.

    What is the price band of Ashutosh Fibre IPO?

    The price band for Ashutosh Fibre IPO is ₹92 with a lot size of 2400 shares. The minimum investment required is ₹2,20,800.

    When is Ashutosh Fibre IPO allotment date?

    Ashutosh Fibre IPO allotment is expected to be finalised on September 3, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

    When will Ashutosh Fibre IPO list on NSE/BSE?

    Ashutosh Fibre IPO is expected to list on NSE SME on September 7, 2026.

    How to check Ashutosh Fibre IPO allotment status?

    To check Ashutosh Fibre IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Ashutosh Fibre IPO?

    Ashutosh Fibre IPO is showing a strong GMP of +₹56 (+61%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

    What is the lot size of Ashutosh Fibre IPO?

    The lot size for Ashutosh Fibre IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,20,800. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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