Ashutosh Fibre Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 143.93x | 1,162,800 | 167,359,200 | ₹11 Cr |
| NII (HNI) | 🔥 200.85x | 873,600 | 175,466,400 | ₹8 Cr |
| Retail | 99.16x | 2,037,600 | 202,053,600 | ₹19 Cr |
| Market Maker | — | 307,200 | — | ₹3 Cr |
| Σ Total | 🔥 144.65x | 3,766,800 | 544,879,200 | ₹35 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹110,400 |
| Retail (Max) | 13 | 15,600 | ₹1,435,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,545,600 |
| B-HNI (Min) | 67 | 80,400 | ₹7,396,800 |
Financial Statements Amount in ₹ Crores
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 115 | 110 | 98 |
| Profit After Tax | 9 | 7 | 3 |
| Net Worth | 36 | 28 | 21 |
| Total Assets | 105 | 73 | 60 |
| Reserves & Surplus | 19 | 26 | 19 |
| Total Borrowing | 57 | 35 | 30 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure requirements towards funding of new equipment and machinery – 24.96
- Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company; and – 25.00
- General Corporate Purposes –
Company Overview
Incorporated in 1985, 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.
- In the Protech segment, it manufactures yarns and fabrics with strength, flame retardancy, and heat resistance properties for use in personal protective equipment, safety apparel, and industrial thermal barriers.
- The Hometech segment caters to home furnishing textiles, carpets, and home filtration media.
- In the Mobiltech segment, it produces friction-resistant yarns used in automotive friction materials such as brake pads, clutch facings, and transmission components.
The company’s products serve as raw material inputs across multiple industries including filtration and pollution control, construction and infrastructure, automotive, packaging, safety and protective equipment, and home furnishing.
Its manufacturing facility is equipped with five processing lines and three yarn manufacturing technologies — Ring Spun, DREF (Friction Spun), and Open-End Spinning — capable of producing yarns in counts ranging from 2 Ne to 50 Ne, in single or multiple plies.
Ashutosh Fibre has also commissioned a 380 KW rooftop solar power system at its Petlad manufacturing unit for captive consumption, supporting cost efficiency and sustainability initiatives.
As of August 31, 2025, the company employs approximately 156 permanent employees, including skilled, semi-skilled, and unskilled personnel across its operations.