Ashutosh Fibre Ltd. logo

Ashutosh Fibre Ltd.

IPO
SMENSE SMETrading - Textile Products
Opens
31 Aug 2026
Closes
02 Sept 2026
Listing
07 Sept 2026
Issue Size
₹56.35 Cr
Price Band
₹87₹92

Issue 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

#DescriptionAmount (₹ Cr)
1Funding capital expenditure requirements towards funding of new equipment and machinery₹25.51
2Repayment/pre-payment, in full or in part, of certain borrowings availed by Company₹20
3General 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.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Ashutosh Fibre10.1910.1932.9523.73Consolidated
RSWM Reliance11.0411.04291.2118.55-3.16Consolidated
Reliance Chemotex Industries Ltd6.976.97189.2316.092.95Consolidated
Garware Technical Fibres Ltd21.2821.28133.7137.7217.54Consolidated
Cedaar Textile Limited-56.16-56.1634.918.33Consolidated

Ashutosh Fibre Ltd. - Documents & Links

Registrar

Kfin Technologies Ltd.

Contact: 040-79615565

ashutosh.ipo@kfintech.comWebsite

Company contact

Ashutosh Fibre Ltd.

Address: 111, New Cloth Market, Raipur, Ahmedabad, Gujarat

info@ashutoshfibre.comhttps://www.ashutoshfibre.com/

Lead managers

Mefcom Capital Markets Ltd.