Ashutosh Fibre Initial Public Offering Opens August 31: Price Band Rs 87-92, Rs 56.35 Crore NSE SME Issue
- August 31, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Ashutosh Fibre IPO opens Aug 31, closes Sep 2, 2026. Price band Rs 87-92/share. Issue size ~Rs 56.35 Cr. Lot size 1,200 shares. NSE SME listing tentatively Sep 7, 2026.
Quick Answer
Ashutosh Fibre initial public offering opens for subscription on August 31, 2026 and closes on September 2, 2026, with a price band of Rs 87 to Rs 90 per equity share. The issue aims to raise approximately Rs 56.35 crore, with shares proposed to list on the NSE SME platform.
Ashutosh Fibre Limited’s initial public offering opens for subscription on August 31, 2026 and closes on September 2, 2026, with a price band fixed at Rs 87 to Rs 92 per equity share. The issue comprises a fresh issue of shares aggregating to approximately Rs 56.35 crore, out of a total issue size of 61,24,800 shares.
The company’s shares carry a face value of Rs 10 each. Ashutosh Fibre proposes to list its shares on the NSE SME platform, with a tentative listing date of September 7, 2026. The company raised Rs 16.04 crore from anchor investors ahead of the public issue.
Click Here – Get Free Investment Predictions
About Ashutosh Fibre
Track upcoming SME IPO listings on the Univest Screener
Incorporated in 1985 and based in Petlad, Gujarat, 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. The company manufactures specialised yarns including para-aramid, meta-aramid, modacrylic blends, peroxidised PAN yarn, antistatic polypropylene yarn, and FR viscose blends, used in applications such as filter media, flame-retardant clothing, brake pads, clutch facings, and industrial ropes. As of June 30, 2026, the company employed approximately 169 permanent employees.
Ashutosh Fibre IPO: Key Details
| Parameter | Details |
|---|---|
| IPO Open Date | August 31, 2026 |
| IPO Close Date | September 2, 2026 |
| Price Band | Rs 87 to Rs 92 per share |
| Face Value | Rs 10 per share |
| Lot Size | 1,200 shares (minimum 2,400 shares for retail) |
| Minimum Investment (Retail) | Rs 2,20,800 (at upper price band) |
| Total Issue Size | ~Rs 56.35 crore |
| Anchor Investor Allocation | Rs 16.04 crore |
| Listing Platform | NSE SME |
| Tentative Allotment Date | September 3, 2026 |
| Tentative Listing Date | September 7, 2026 |
| Lead Manager | Mefcom Capital Markets Limited |
| Registrar | KFin Technologies Limited |
Ashutosh Fibre’s Sustainability Initiative
Ashutosh Fibre has installed a 380 KW rooftop solar power system at its Petlad facility for captive consumption. This initiative is expected to lower the company’s energy costs over time and supports its broader sustainability efforts, an increasingly relevant consideration for industrial manufacturers seeking to manage input cost volatility.
Object of the Issue
The company proposes to utilise net proceeds from the issue towards funding capital expenditure requirements for new equipment and machinery, estimated at Rs 25.51 crore, and repayment or prepayment, in full or in part, of certain borrowings availed by the company, estimated at Rs 20 crore, with the remainder allocated for general corporate purposes.
Demand Drivers for Technical Textiles
Demand for technical textiles is supported by their increasing use in filtration, pollution control, infrastructure, automobiles, protective clothing, and home furnishing applications. Ashutosh Fibre’s presence across the Indutech, Protech, Hometech, and Mobiltech segments provides access to several industrial applications, while the company’s multiple spinning technologies and specialised product portfolio offer competitive positioning within the sector.
Key Risks and Considerations
As a B2B manufacturer, Ashutosh Fibre’s revenue is exposed to industrial demand cycles and the capital expenditure plans of its customer base across filtration, automotive, and infrastructure sectors. As with any SME listing, investors should be mindful that SME-listed shares typically trade with lower liquidity compared to mainboard listings. Prospective investors should review the complete Red Herring Prospectus for a full list of risk factors before applying.
Univest does not publish grey market premium figures. Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified, or endorsed by SEBI, NSE, or BSE, can vary widely between trackers, and is not always accurate. Investors interested in checking informally reported premium levels may refer to independent trackers such as InvestorGain.com or Chittorgarh.com, treating this data as supplementary only.
Conclusion
Ashutosh Fibre’s initial public offering, opening August 31 and closing September 2, 2026, offers investors exposure to a long-established technical textile manufacturer with a diversified product portfolio across industrial, protective, home, and automotive applications. Prospective investors should review the full Red Herring Prospectus and assess the company’s industrial demand cycle exposure before subscribing. This article does not constitute subscription advice. Consult a SEBI-registered financial advisor before applying for any IPO.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Download the Univest iOS App or Univest Android App to track IPO subscription status and listing updates.
FAQs on Ashutosh Fibre Initial Public Offering
When does the Ashutosh Fibre initial public offering open?
Ans. The Ashutosh Fibre initial public offering opens for subscription on August 31, 2026 and closes on September 2, 2026.
What is the price band for the Ashutosh Fibre IPO?
Ans. The price band for the Ashutosh Fibre initial public offering is fixed at Rs 87 to Rs 92 per equity share, with a lot size of 1,200 shares.
What does Ashutosh Fibre manufacture?
Ans. Ashutosh Fibre manufactures technical textile products, primarily polypropylene spun yarns, across four categories: Indutech, Protech, Hometech, and Mobiltech, used in filtration, protective clothing, home furnishing, and automotive applications.
What is the issue size of the Ashutosh Fibre IPO?
Ans. The Ashutosh Fibre initial public offering aims to raise approximately Rs 56.35 crore through a fresh issue of shares, with a total issue size of 61,24,800 shares.
Where will Ashutosh Fibre shares be listed?
Ans. Ashutosh Fibre shares are proposed to list on the NSE SME platform, with a tentative listing date of September 7, 2026.
What will Ashutosh Fibre do with the IPO proceeds?
Ans. The company plans to use approximately Rs 25.51 crore for new equipment and machinery, Rs 20 crore for repayment of certain borrowings, and the remainder for general corporate purposes.
Should I subscribe to the Ashutosh Fibre IPO?
Ans. Whether to subscribe depends on individual risk tolerance, valuation assessment, and a thorough review of the Red Herring Prospectus. This article does not constitute subscription advice. Consult a SEBI-registered financial advisor before applying for any IPO.
