Ashutosh Fibre IPO GMP, Date, Price Band & Review

Ashutosh Fibre IPO Details

Ashutosh Fibre IPO is a book-built issue of ₹56.35 crore, entirely a fresh issue of up to 61.25 lakh equity shares. Every share comes with a face value of ₹10. This IPO is to be listed on the NSE SME (Emerge) platform. The price band is set at ₹87 to ₹92 per share. Lot size for an application is 1,200 shares.

The minimum amount of investment required by an individual investor (retail) is ₹2,20,800 (2,400 shares).

Mefcom Capital Markets Ltd. will act as the book-running lead manager and KFin Technologies Ltd. is the registrar to the issue.

Ashutosh Fibre IPO Date & Timeline

Ashutosh Fibre Limited filed its red herring prospectus on 29 Sep 2025. The IPO window will be open on 31 Aug 2026 and will be closed on 02 Sep 2026. The allotment for shares is expected to be confirmed on 03 Sep 2026. Refunds and crediting of shares to investors' demat accounts will be done on 04 Sep 2026. The listing date on NSE SME has been set for 07 Sep 2026.

Ashutosh Fibre IPO GMP

A “grey market premium", or GMP, basically means the extra premium at which an IPO’s shares are traded informally before they’re officially listed on the stock exchange.

For the Ashutosh Fibre IPO, the GMP is at ₹56, mirroring how unofficial investors are feeling before the listing actually happens. That premium may point to a possible listing value of ₹148, which is about 60.87% higher than the issue price. Sure, the Grey Market Premium works like a strong demand barometer, but GMP is also highly unstable, so it should not be the only guide for how you decide to invest.

Company Background

Ashutosh Fibre Limited was incorporated on May 21, 1985, as a private limited company and was subsequently converted into a public limited company on April 21, 2025. This company operates in four segments of technical textiles: Indutech, Protech, Hometech and Mobiltech.

The company's product range consists of friction-resistant yarns, technical yarns and fabrics, as well as spun polypropylene yarns. These find use in industrial filtration, geotextiles, protective apparel and home textiles and automotive friction materials. Ashutosh Fibre follows a business-to-business model as it offers specialised yarns and fabrics to manufacturers, processors and other institutional customers.

Ashutosh Fibre focuses on technical textiles and specialised industrial applications. Its product functionality and its ability to customise are the essence of its value proposition. In addition, it offers the ability to process challenging and/or blended fibres for demanding applications.

Operations & Product Range

The portfolio of Ashutosh Fibre Limited includes a range of specialised technical and synthetic yarns built for performance-centric industrial applications.

• • Para-aramid-based spun yarn: high-performance and high-strength special yarn.
• • High Tenacity Polyester Yarn: Strong and can be utilised across industrial and technical textile applications.
• • Meta Aramid and FR viscose yarn: flame-resistant, heat-resistant and used in protective applications.
• • 100% Polypropylene Yarn: Utilised in filtration, geotextiles, ropes, webbing and industry and process-related textiles.
• • Modacrylic-based yarn: Technically specialised yarn for applications needing high flame resistance and specialised performance.
• • Poly Poly Corespun Yarn Used in industrial and technical textile applications.
• • Stainless Steel Yarn This yarn is produced by incorporating fine stainless steel filaments into a textile fibre blend.

Facilities & Capacity

Ashutosh Fibre Limited has its processing facility in Petlad, Gujarat, which houses five processing lines of ring spinning, DREF friction spinning and open-end spinning technologies. The diversity of technology allows the company to work with a variety of fibres, yarn structures and end-use requirements of the yarns in a broader range of counts, from 2 N Edwards up to 50 N, in single or multiple strands.

The report for the industry's analysis puts the Petlad unit's capacity for synthetic yarn at 3,750 metric tonnes per annum and 100% polypropylene yarn at 1,025 metric tonnes per annum. Ashutosh Fibre has a 380 kW rooftop solar power system at its Petlad plant for its captive consumption. Ashutosh Fibre has also leased land for a 4 MW captive power solar plant. This shows the company has a focus on sustainability and carbon footprint reduction and long-term cost of energy optimisation.

As of 30th June 2026, Ashutosh Fibre Limited has approximately 169 permanent employees consisting of skilled, semi-skilled and unskilled staff deployed across various functions and departments.

Brands & Market Presence

Ashutosh Fibre Limited specialises in manufacturing B2B speciality yarns. The customer retention tactics partner with marketing efforts as they work to expand in both the Indian and international markets.

The company participates in Messe Frankfurt exhibitions in Germany, Mumbai and Russia to present their range of products and meet potential customers as well as learn about the current state of the international industry.

Ashutosh Fibre Limited strives to maintain long-standing customer relationships by providing customers with consistent quality and fulfilling orders promptly with support that can be relied upon.

Specialty fibers such as para-aramid, meta-aramid, modacrylic and FR-viscose are largely imported, whereas polypropylene and polyester are sourced domestically. Ashutosh Fibre Limited participates in the Advance Authorisation and EPCG schemes to represent their domestic and foreign clientele in India’s export arena.

Revenue Streams & Business Model

Ashutosh Fibre Limited generates revenue from technical and synthetic yarns and associated textiles as its primary source of income. The company also engages in trading, as evidenced by the business descriptions included in the information released to the market. The company’s business model involves supplying products to manufacturing, processing and purchasing institutions; it is the transformation of ordinary fibers to yarns with specified characteristics, to include flame resistance, high tensile strength, filtering, antistatic properties and durability. Approximately 36% of total raw material sourced in FY26 was through imports.

Financial Performance

Ashutosh Fibre Limited surged to a revenue of ₹117.37 crore in FY26. This shows promising growth across all departments.

The income statement also reflects this positive trend, with profit after tax increasing from ₹8.51 crore to ₹16.04 crore and expenses declining from ₹103.88 crore to ₹95.87 crore in FY26. The EBITDA margin was at 26.47%, RoNW was at 30.91% and the debt-to-equity ratio was at 0.92 for FY26. This reflects a positive growth trend paired with control regarding debt servicing for the company.

For FY26, sales of spun yarns made from para-aramid contributed ₹324.612 crore, representing 27.66% of sales. This highlights the importance of specialized technical products in the company’s product offerings.

Management & Shareholding

Ashutosh Fibre is promoted by Siddharth Prakash Patel, Abhishek Rajendrakumar Agarwal and Prahash Fin-Stock Private Limited. It is post-issue that the promoter shareholding comes down to 43.05% from 59.79% while public shareholding goes up to 56.95% from 40.21%, resulting in a slight dilution of the promoters' shareholding, as the offering is entirely a fresh issue of equity shares.

Board & Key Management

Siddharth Prakash Patel is Chairman and Managing Director at the company. Abhishek Rajendrakumar Agarwal is the whole-time director. The independent directors include Piyush Ravishanker Bhatt, Dhwani Lalitbhai Nagar and Jayshree Vikram Patel. Sonal Bankim Bhansali takes up the role of the company secretary and compliance officer at the company.