{"id":222807,"date":"2026-08-31T10:49:01","date_gmt":"2026-08-31T05:19:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=222807"},"modified":"2026-08-31T10:49:02","modified_gmt":"2026-08-31T05:19:02","slug":"ashutosh-fibre-initial-public-offering-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/","title":{"rendered":"Ashutosh Fibre Initial Public Offering Opens August 31: Price Band Rs 87-92, Rs 56.35 Crore NSE SME Issue"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>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.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">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.<\/p>\n<\/div>\n<p>Ashutosh Fibre Limited&#8217;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.<\/p>\n<p>The company&#8217;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.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=ashutoshfibre-ipo-open\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#About_Ashutosh_Fibre\" title=\"About Ashutosh Fibre\">About Ashutosh Fibre<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Ashutosh_Fibre_IPO_Key_Details\" title=\"Ashutosh Fibre IPO: Key Details\">Ashutosh Fibre IPO: Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Ashutosh_Fibres_Sustainability_Initiative\" title=\"Ashutosh Fibre&#8217;s Sustainability Initiative\">Ashutosh Fibre&#8217;s Sustainability Initiative<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Object_of_the_Issue\" title=\"Object of the Issue\">Object of the Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Demand_Drivers_for_Technical_Textiles\" title=\"Demand Drivers for Technical Textiles\">Demand Drivers for Technical Textiles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Key_Risks_and_Considerations\" title=\"Key Risks and Considerations\">Key Risks and Considerations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#FAQs_on_Ashutosh_Fibre_Initial_Public_Offering\" title=\"FAQs on Ashutosh Fibre Initial Public Offering\">FAQs on Ashutosh Fibre Initial Public Offering<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#When_does_the_Ashutosh_Fibre_initial_public_offering_open\" title=\"When does the Ashutosh Fibre initial public offering open?\">When does the Ashutosh Fibre initial public offering open?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#What_is_the_price_band_for_the_Ashutosh_Fibre_IPO\" title=\"What is the price band for the Ashutosh Fibre IPO?\">What is the price band for the Ashutosh Fibre IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#What_does_Ashutosh_Fibre_manufacture\" title=\"What does Ashutosh Fibre manufacture?\">What does Ashutosh Fibre manufacture?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#What_is_the_issue_size_of_the_Ashutosh_Fibre_IPO\" title=\"What is the issue size of the Ashutosh Fibre IPO?\">What is the issue size of the Ashutosh Fibre IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Where_will_Ashutosh_Fibre_shares_be_listed\" title=\"Where will Ashutosh Fibre shares be listed?\">Where will Ashutosh Fibre shares be listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#What_will_Ashutosh_Fibre_do_with_the_IPO_proceeds\" title=\"What will Ashutosh Fibre do with the IPO proceeds?\">What will Ashutosh Fibre do with the IPO proceeds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ashutosh-fibre-initial-public-offering-2026\/#Should_I_subscribe_to_the_Ashutosh_Fibre_IPO\" title=\"Should I subscribe to the Ashutosh Fibre IPO?\">Should I subscribe to the Ashutosh Fibre IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Ashutosh_Fibre\"><\/span><strong>About Ashutosh Fibre<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track upcoming SME IPO listings on the Univest Screener<\/strong><\/a><\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ashutosh_Fibre_IPO_Key_Details\"><\/span><strong>Ashutosh Fibre IPO: Key Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; margin: 16px 0;\">\n<thead>\n<tr>\n<th style=\"background: #1F4E79; color: #fff; padding: 8px 12px; text-align: left;\">Parameter<\/th>\n<th style=\"background: #1F4E79; color: #fff; padding: 8px 12px; text-align: left;\">Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">IPO Open Date<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">August 31, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">IPO Close Date<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">September 2, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Price Band<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Rs 87 to Rs 92 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Face Value<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Rs 10 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Lot Size<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">1,200 shares (minimum 2,400 shares for retail)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Minimum Investment (Retail)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Rs 2,20,800 (at upper price band)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Total Issue Size<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">~Rs 56.35 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Anchor Investor Allocation<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Rs 16.04 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Listing Platform<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">NSE SME<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Tentative Allotment Date<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">September 3, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Tentative Listing Date<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">September 7, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Lead Manager<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Mefcom Capital Markets Limited<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">Registrar<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #ddd;\">KFin Technologies Limited<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Ashutosh_Fibres_Sustainability_Initiative\"><\/span><strong>Ashutosh Fibre&#8217;s Sustainability Initiative<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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&#8217;s energy costs over time and supports its broader sustainability efforts, an increasingly relevant consideration for industrial manufacturers seeking to manage input cost volatility.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Object_of_the_Issue\"><\/span><strong>Object of the Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Demand_Drivers_for_Technical_Textiles\"><\/span><strong>Demand Drivers for Technical Textiles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Demand for technical textiles is supported by their increasing use in filtration, pollution control, infrastructure, automobiles, protective clothing, and home furnishing applications. Ashutosh Fibre&#8217;s presence across the Indutech, Protech, Hometech, and Mobiltech segments provides access to several industrial applications, while the company&#8217;s multiple spinning technologies and specialised product portfolio offer competitive positioning within the sector.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_and_Considerations\"><\/span><strong>Key Risks and Considerations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As a B2B manufacturer, Ashutosh Fibre&#8217;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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ashutosh Fibre&#8217;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&#8217;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.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track IPO subscription status and listing updates.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Ashutosh_Fibre_Initial_Public_Offering\"><\/span><strong>FAQs on Ashutosh Fibre Initial Public Offering<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Ashutosh_Fibre_initial_public_offering_open\"><\/span><strong>When does the Ashutosh Fibre initial public offering open?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Ashutosh Fibre initial public offering opens for subscription on August 31, 2026 and closes on September 2, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_price_band_for_the_Ashutosh_Fibre_IPO\"><\/span><strong>What is the price band for the Ashutosh Fibre IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Ashutosh_Fibre_manufacture\"><\/span><strong>What does Ashutosh Fibre manufacture?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_size_of_the_Ashutosh_Fibre_IPO\"><\/span><strong>What is the issue size of the Ashutosh Fibre IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_will_Ashutosh_Fibre_shares_be_listed\"><\/span><strong>Where will Ashutosh Fibre shares be listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Ashutosh Fibre shares are proposed to list on the NSE SME platform, with a tentative listing date of September 7, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_will_Ashutosh_Fibre_do_with_the_IPO_proceeds\"><\/span><strong>What will Ashutosh Fibre do with the IPO proceeds?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_subscribe_to_the_Ashutosh_Fibre_IPO\"><\/span><strong>Should I subscribe to the Ashutosh Fibre IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ashutosh Fibre initial public offering opens August 31 and closes September 2, 2026, with a price band of Rs 87-92 per share, raising around Rs 56.35 crore. 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