Ashutosh Fibre
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Ashutosh Fibre
Price 87 to 92
GMP Rumors ₹38
Lot size 1200
Issue size ₹56.35 Cr
Allotment 03-09-2026
Refund 04-09-2026
Listing 07-09-2026
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Allotment Status Kfintech
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About

NSE List Price : ₹140.00

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Category Times
QIBs 143.93x
HNIs 201.21x
Retail 99.16x
Total : 133.82x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 2,400 ₹220,800
Retail Maximum 2 2,400 ₹220,800
S-HNI Minimum 3 3,600 ₹331,200
S-HNI Maximum 9 10,800 ₹993,600
B-HNI Minimum 10 12,000 ₹1,104,000

About the Company

Incorporated in 1985, Ashutosh Fibre Limited is engaged in the manufacturing and trading of technical textile products, with a primary focus on polypropylene (PP) spun yarns catering to industrial and household applications. The company follows a B2B business model and supplies yarns and fabrics to industrial manufacturers, processors, and institutional buyers.The company offers a diversified portfolio of specialised yarns, including 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. Its operations cover four major technical textile categories, namely Indutech, Protech, Hometech, and Mobiltech. These products are used in applications such as filtration, geotextiles, ropes, protective equipment, home furnishing, automotive friction materials, construction, packaging, and other industrial applications.The company's manufacturing facility comprises five processing lines and is equipped with three yarn manufacturing technologies, namely Ring Spun, DREF (Friction Spun), and Open-End Spinning. The facility has the capability to manufacture yarns 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. As of June 30, 2026, the company had approximately 169 permanent employees across its operations.
 

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹109.89 ₹100.11 ₹7.05 ₹73.01
2025 ₹114.97 ₹103.88 ₹8.51 ₹104.60
2026 ₹117.43 ₹95.87 ₹16.04 ₹25.80

Company Promoter

Siddharth Prakash Patel

Abhishek Rajendrakumar Agarwal

Prabhas Fin-Stock Pvt.Ltd

Know before investing

  • • Strengths

    The company has a diversified portfolio of specialised technical yarns catering to industrial, protective, automotive, and household applications. Its products are used across various end-use segments, including filtration, safety equipment, construction, and automotive components.The company’s manufacturing facility is equipped with Ring Spun, DREF (Friction Spun), and Open-End Spinning technologies. These capabilities enable the company to manufacture yarns across a wide range of counts and cater to diverse application requirements.The company places emphasis on quality control and sustainability and holds certifications including ISO and OEKO-TEX. Its proprietary fibre recycling processes, along with a 380 KW rooftop solar power system, further support its sustainability initiatives.
     

  • • Risks

    The company does not have long-term arrangements in place for the procurement of raw materials. Any difficulty in sourcing raw materials of the required quality and quantity at competitive prices may adversely impact its business operations and financial performance.The company derives a substantial portion of its revenue from certain key customers. Any loss of one or more major customers, deterioration in their financial position or business prospects, or decline in demand for the company’s products could adversely affect its business, results of operations, financial condition, and cash flows.The company is required to fulfil export obligations under applicable duty exemption schemes. Any failure to meet these obligations, changes in foreign trade policies, or other adverse external factors may negatively impact the company’s business and financial performance.
     

Objects of the Issue & Utilisation of proceeds

Financing capital expenditure towards the acquisition of new equipment and machinery Repayment or prepayment, either fully or partially, of certain borrowings availed by the Company General corporate purposes

Company  Address

Ashutosh Fibre Ltd.
111
New Cloth Market
Raipur
Ahmedabad, Gujarat, 380002
Phone: + 91 9727 559 79
E-mail: info@ashutoshfibre.com
Website: https://ashutoshfibre.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: ashutosh.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

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