Ashutosh Fibre Limited IPO
Ashutosh Fibre Limited IPO closed on 2 Sept 2026. Allotment 2 Sept 2026, listing 6 Sept 2026. Price band ₹87–₹92, lot 1200 shares, GMP +₹44 (47.83%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · NSE |
| Price band | ₹87–₹92 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,20,800 |
| Issue size | ₹56.35 Cr |
| GMP | +₹44 (47.83%) |
| Open date | 31 Aug 2026 |
| Close date | 2 Sept 2026 |
| Allotment date | 2 Sept 2026 |
| Listing date | 6 Sept 2026 |
| Registrar | KARVY |
About Ashutosh Fibre Limited
Ashutosh Fibre is a manufacturing company that specializes in producing technical textile yarns. Operating from its facility in Petlad, Gujarat, the business caters to four primary segments within the technical textiles market: Indutech for industrial applications, Protech for personal protective equipment, Hometech for home furnishings, and Mobiltech for automotive components. The product portfolio includes specialized yarns such as para-aramid, meta-aramid, and modacrylic-blended yarns, which are designed to provide high strength, heat resistance, and flame retardancy. To manufacture these high-performance yarns for diverse industrial and technical uses, the company employs advanced spinning technologies, including Ring Spun, Dref Friction Spun, and Open-End Spinning. It focuses on delivering a wide array of synthetic yarns tailored to meet specific industrial requirements across…
Strengths
- Offers a specialized range of high-performance yarns like Para-Aramid and Modacrylic.
- Operates across four major technical textile categories, including Indutech and Protech.
- Employs advanced processes like Ring Spun, DREF Friction, and Open-End spinning.
- Uses an in-house 380 kW rooftop solar power system to reduce operating costs.
- Leverages over four decades of industry experience in technical textile spinning
Risks
- Does not secure raw materials through long-term supply agreements.
- Relies heavily on a limited client base contributing 68.85% of revenue.
- Subject to strict export obligations under duty exemption schemes.
- Concentrates all operations within a single segment of technical textile yarns.
- Faces international market exposure and regulatory export risks