
Ashutosh Fibre Ltd.
IPOIssue Details
Issue Size
₹56.35 Cr
Fresh Issue
– Cr
OFS
– Cr
Price Band
₹87 – ₹92
Lot Size
1200
₹2,20,800
Face Value
₹10
Important Dates
Open Date
31 Aug 2026
Close Date
02 Sept 2026
Allotment
03 Sept 2026
Refund
04 Sept 2026
Listing
07 Sept 2026
About 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.
Objects of the Issue
| # | Description | Amount (₹ 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 |
| 3 | General Corporate Purposes | – |
Financial Performance
Share Reservations
QIB
11,62,800
Anchor
17,43,600
NII
8,73,600
Retail
20,37,600
Employee
0
Total
58,17,600
Ashutosh Fibre Ltd. IPO Peer Comparison
The table below shows peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Ashutosh Fibre | 10.19 | 10.19 | 32.95 | – | 23.73 | Consolidated |
| RSWM Reliance | 11.04 | 11.04 | 291.21 | 18.55 | -3.16 | Consolidated |
| Reliance Chemotex Industries Ltd | 6.97 | 6.97 | 189.23 | 16.09 | 2.95 | Consolidated |
| Garware Technical Fibres Ltd | 21.28 | 21.28 | 133.71 | 37.72 | 17.54 | Consolidated |
| Cedaar Textile Limited | -56.16 | -56.16 | 34.9 | – | 18.33 | Consolidated |
Ashutosh Fibre Ltd. - Documents & Links
Registrar
Company contact
Ashutosh Fibre Ltd.
Address: 111, New Cloth Market, Raipur, Ahmedabad, Gujarat
info@ashutoshfibre.comhttps://www.ashutoshfibre.com/