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InvestmentsIPOAshutosh Fibre IPO

Ashutosh Fibre IPO

SME

Open Date

31 Aug 2026

Close Date

2 Sep 2026

Min Investment

₹ 2,20,800

Lot Size

1,200

Issue Size

₹ 56.35 Cr

Price Range

₹ 87 - ₹ 92

Subscribed

-
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This IPO is Open for Pre Apply.

IPO Timeline
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IPO Offer Start
31 Aug 2026
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IPO Offer Ends
2 Sep 2026
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Allotment Finalisation
3 Sep 2026
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Refund Initialisation
4 Sep 2026
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Non-Institutional Buyers (sHNI)
4 Sep 2026
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Listing of Shares
7 Sep 2026
IPO Subscription Details as on 31 Aug 2026, 08:50 AM

No Subcription Details for this IPO

IPO subscription details, if any,
will appear here

Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Ashutosh Fibre Limited, incorporated in 1985, is a technical textile manufacturer specializing in synthetic yarns for high-performance industrial applications. The company operates in four technical textile segments: Indutech (industrial filtration, geotextiles), Protech (protective equipment, safety apparel), Hometech (home furnishing textiles), and Mobiltech (automotive friction materials). The company operates a B2B model with manufacturing facilities in Petlad, Gujarat, utilizing Ring Spun, DREF friction spinning, and Open-End spinning technologies to produce specialized yarns including para-aramid, polypropylene, and modacrylic-based products.
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Founded In

1985

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CEO

Abhishek Rajendrakumar Agarwal

Financials of Ashutosh Fibre IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue109.87114.03117.37
Other Income0.020.940.06
Total Income
109.89114.97117.43
Total Expenses
100.11103.8895.87
Profit Before Tax9.7811.1021.57
Total Profit
7.058.5116.04

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company intends to utilize funds for expansion of manufacturing capacity through purchase and installation of additional equipment and machinery at existing facility to meet increasing demand and diversify into additional high-performance yarn categories.26
The company proposes to utilize funds towards partial repayment or pre-payment of certain borrowings to reduce outstanding indebtedness, maintain favourable debt equity ratio and enable utilization of additional internal accruals for business growth.20
The company intends to deploy funds for general corporate purposes including funding growth opportunities, meeting business expenses, servicing borrowings, brand building, marketing expenses and meeting business exigencies as permitted by applicable laws.-
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  • Recycling and Sustainable Fibre Solutions: The company has developed capabilities in recycling para-aramid fabrics through proprietary 'Fabric-to-Fibre' process, with recycled fibre comprising 21.46% of total purchases in FY 2025-26, reducing raw material costs and supporting sustainability.
  • Positioning in Polypropylene Spun Yarns: The company manufactures polypropylene spun yarns contributing 22.95% of revenue from operations in FY 2025-26, offering wide range of counts and plies for filtration and technical textile applications.
  • Established Customer and Supplier Relationships: The company maintains long-standing relationships with average period of 6 years with major customers and 5.5 years with suppliers, providing stability in procurement and recurring revenue opportunities.
  • Strong focus on quality control and product consistency: The company maintains defect and rejection rates at 0.13% in FY 2025-26, equipped with advanced testing equipment including Mesdan Evenness Tester and compliance with BIS specifications for consistent technical performance.
  • Alignment with global sustainability and ESG mandates: The company has commissioned 380 KW rooftop solar system and 4 MW solar power plant for captive consumption, holding ISO certifications including 9001:2015, 14001:2015, and 45001:2018 for quality and environmental management.

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