SME

IPO ·

NSE SME

Ashutosh Fibre Ltd

Listed

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.

Issue details

Price band

₹87 – ₹92

Face value

₹10

Lot size

1,200 shares

Minimum investment

₹2,20,800

Issue size

₹56.35 Cr

Fresh issue

₹53.52 Cr

Offer for sale

—

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

31 Aug 2026

Closes

2 Sep 2026

UPI mandate cut-off

5:00 PM on 2 Sep 2026

Allotment

3 Sep 2026

Refunds

4 Sep 2026

Shares in demat

4 Sep 2026

Listing

7 Sep 2026

Subscription and listing

Subscription

93.65x

Listing price

₹140

Registrar

Kfin Technologies Ltd

Lead manager

Mefcom Capital Markets

Subscription by category

Total

93.65x

Total applications

1,04,149

Anchor investors

Amount raised

₹16.04 Cr

Bid date

28 Aug 2026

50% lock-in ends

3 Oct 2026

Rest lock-in ends

2 Dec 2026

Listing day

Issue price

₹92

Open

₹140.00

High

₹147.00

Low

₹137.00

Day close

₹147.00

Listing gain at open

+52.17%

Issue structure

Shares reserved per category and share of the total issue

QIB

29,06,400

47.45%

Anchor Investor

17,43,600

28.47%

QIB (Ex. Anchor)

11,62,800

18.99%

NII

8,73,600

14.26%

bNII > ₹10L

5,82,000

9.50%

sNII < ₹10L

2,91,600

4.76%

Retail

20,37,600

33.27%

Market Maker

3,07,200

5.02%

Total

61,24,800

100.00%

Finaccle’s quick read

Neutral

FY26 income up 2%, PAT up 88%, D/E 0.92, post-issue P/E 12.55x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

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.

Founded

1985

1985

Promoters

Siddharth Prakash Patel,

Siddharth Prakash Patel,

Promoter holding

59.79% pre-issue; 43.05% post-issue

59.79% pre-issue; 43.05% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

117.43

117.43

31.07

16.04

16.04

51.90

47.92

47.92

25.80

FY25

FY25

114.97

114.97

17.84

8.51

8.51

35.85

57.44

57.44

104.60

FY24

FY24

109.89

109.89

16.14

7.05

7.05

27.55

34.86

34.86

73.01

ROE

—

ROCE

26.29%

Debt / equity

0.92

PAT margin

13.67%

P/E post issue

12.55

Market cap

₹201.25 Cr

Use of IPO money

Funding capital expenditure requirements towards funding of new equipment and machinery

₹25.51 Cr

Repayment/pre-payment, in full or in part, of certain borrowings availed by Company

₹20.00 Cr

General Corporate Purposes

₹2.06 Cr

Issue Expenses

₹8.78 Cr

Strengths

✓

PAT up 88% in FY26 to ₹16.04 Cr

✓

PAT margin of 13.67%

✓

Moderate leverage: debt to equity 0.92

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.