Ashutosh Fibre IPO
Live SMEAlready have an account? Apply now
Ashutosh Fibre IPO details
Schedule of Ashutosh Fibre
| Issue open date | 31 Aug 2026 |
| Issue close date | 02 Sep 2026 |
| UPI mandate deadline | 02 Sep 2026 (5 PM) |
| Allotment finalization | 03 Sep 2026 |
| Refund initiation | 04 Sep 2026 |
| Share credit | 04 Sep 2026 |
| Listing date | 07 Sep 2026 |
| Mandate end date | 17 Sep 2026 |
| Lock-in end date for anchor investors (50%) | 02 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 01 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Ashutosh Fibre
Ashutosh Fibre is a manufacturing company that specializes in producing technical textile yarns. Operating from its facility in Petlad, Gujarat, the business caters to four primary segments within the technical textiles market: Indutech for industrial applications, Protech for personal protective equipment, Hometech for home furnishings, and Mobiltech for automotive components. The product portfolio includes specialized yarns such as para-aramid, meta-aramid, and modacrylic-blended yarns, which are designed to provide high strength, heat resistance, and flame retardancy. To manufacture these high-performance yarns for diverse industrial and technical uses, the company employs advanced spinning technologies, including Ring Spun, Dref Friction Spun, and Open-End Spinning. It focuses on delivering a wide array of synthetic yarns tailored to meet specific industrial requirements across multiple sectors.
Financials of Ashutosh Fibre
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 56.35 |
| Fresh Issue – Proceeds go to the company | 56.35 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Funding capital expenditure requirements | 25.51 (45.27%) |
| Repayment/pre-payment of certain borrowings | 20 (35.49%) |
| General corporate purposes | 10.84 (19.24%) |
Strengths
- Offers a specialized range of high-performance yarns like Para-Aramid and Modacrylic.
- Operates across four major technical textile categories, including Indutech and Protech.
- Employs advanced processes like Ring Spun, DREF Friction, and Open-End spinning.
- Uses an in-house 380 kW rooftop solar power system to reduce operating costs.
- Leverages over four decades of industry experience in technical textile spinning
Risks
- Does not secure raw materials through long-term supply agreements.
- Relies heavily on a limited client base contributing 68.85% of revenue.
- Subject to strict export obligations under duty exemption schemes.
- Concentrates all operations within a single segment of technical textile yarns.
- Faces international market exposure and regulatory export risks
Subscription Figures for Ashutosh Fibre
Grey Market Premium (GMP) is an unofficial and unregulated metric that may not accurately reflect investor interest. Instead, investors should refer to the IPO subscription data published by the stock exchanges, which is a more reliable indicator of demand.
Subscription numbers as of 05:00 PM on September 01, 2026:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 11.63 | 0 | 0x |
| NII | 5.66 | 38.94 | 4.46x |
| Retail | 20.38 | 170.23 | 8.35x |
| Total | 37.67 | 209.17 | 5.55x |