- POSITIVE
Annual Revenue Ashutosh Fibre Mar-2026 Annual Revenue is Rs 117 Cr which is growth of 2.1% YoY.
- POSITIVE
Annual Net Profit Ashutosh Fibre Mar-2026 Annual Net Profit is Rs 16 Cr which is growth of 88.5% YoY.

Ashutosh Fibre was incorporated on May 21, 1985. The company initially operated in both manufacturing and trading, with manufacturing becoming its primary focus over time. Since 2010, it has expanded its manufacturing capabilities and established a Petlad, Gujarat facility producing technical and synthetic yarns
| Bidding Dates |
|---|
| 31 Aug 2026 - 02 Sep 2026 |
| Subscription |
|---|
| 124.44x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹208,800 | 2 | 2 | 1200 | 6.1 M | ₹87 - ₹92 | 43.05 % | ₹532.9 M - ₹563.5 M | RHP DOC |
Ashutosh Fibre IPO SUBSCRIPTION STATUS
02 Sep '26Ashutosh Fibre IPO overall subscription rate was 124.44 times the total available shares
Ashutosh Fibre IPO retail subscription rate was 131.77 times in the retail segment
Ashutosh Fibre IPO non-institutional investor subscription rate was 267.47 times in the non-institutional investor category
Ashutosh Fibre IPO Qualified Institutional Bidder subscription rate was 76.4 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
02 Sep 2026 (Day 3) | 131.77x | 267.47x | 76.4x |
01 Sep 2026 (Day 2) | 10.96x | 6.37x | 0x |
31 Aug 2026 (Day 1) | 2.83x | 2.44x | 0x |
Ashutosh Fibre FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 114.0 | 8.5 | 11.2 | -15.2 | 15.6% |
| FY24 | 109.9 | 7.0 | 5.6 | -2.0 | 14.7% |
| FY23 | 97.9 | 3.3 | 12.1 | 9.7 | 10.7% |
Ashutosh Fibre IPO SUBSCRIPTION STATUS DETAILS
Ashutosh Fibre had 6.1 M shares on offer
Ashutosh Fibre IPO offer price was in the range ₹87 - ₹92
Ashutosh Fibre IPO minimum Investment was ₹208800
Ashutosh Fibre IPO issue size was ₹ 532.9 M - ₹ 563.5 M
Ashutosh Fibre had a minimum lot size of 1200 Shares per application
Ashutosh Fibre NUMBER OF SHARES ON OFFER
Ashutosh Fibre IPO IMPORTANT DATES
| Issue Open Date | 31 Aug 2026 |
| Issue close Date | 02 Sep 2026 |
| Allotment Date | 03 Sep 2026 |
| Refund Date | 04 Sep 2026 |
| Demat Account Credit Date | 04 Sep 2026 |
| Listing Date | 07 Sep 2026 |
| Listing on Exchange(s) | NSE |
| Ashutosh Fibre Allotment Status | Exchange/ Registrar |
Ashutosh Fibre IPO subscription opened on 31 Aug 2026, and closed on 02 Sep 2026
IPO allotment for Ashutosh Fibre was finalized on Thursday, 03 Sep 2026
IPO listing for Ashutosh Fibre was on NSE on Monday, 07 Sep 2026
Ashutosh Fibre IPO LISTING GAINS
| Issue Price (adjusted) | 92.0 |
| Listing Open Price | 140.0 |
| Listing Close Price | 147.0 |
| Listing Gain% | 52.2% |
| Current Gain% | 61.5% |
Ashutosh Fibre Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ashutosh Fibre Ltd. | 148.6 | 325.1 | 20.3 | 0.2 | 2.8 | 30.9 | 14.3 | 117.4 | 2.1 | 16 | 88.5 | 7.3 | 88.5 |
| KPR Mill Ltd. | 1071 | 36608.3 | 40.1 | 3.8 | 5.4 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 26.7 | 10.7 |
| Welspun Living Ltd. | 239.2 | 22940.1 | 82.6 | -1.7 | 2.3 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.9 | -48.7 |
| Vardhman Textiles Ltd. | 529.2 | 15325.9 | 18.1 | -38.2 | 1.5 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Arvind Ltd. | 534 | 14528.3 | 35.1 | 2.8 | 1.5 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 12.7 |
| Trident Ltd. | 22.2 | 11292.6 | 28.6 | -3 | 1.7 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Ashutosh Fibre annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | Mar '26 | Mar '25 | Mar '24 |
|---|---|---|---|---|
| 117.4 | 115 | 109.9 | ||
Operating Exp. Ann. | 86.3 | 96.2 | 93.7 | |
Operating Profit Ann. | 31.1 | 17.8 | 16.1 | |
OPM Ann. % | 26.46% | 15.51% | 14.69% | |
| 95.9 | 103.9 | 100.1 | ||
EBITDA Ann. | 31.1 | 18.8 | 16.2 | |
EBITDA Ann. margin % | 26.51% | 16.33% | 14.71% | |
Interest Ann. | 4.7 | 4.1 | 3.3 | |
Depr. | 4.9 | 3.6 | 3.1 | |
PBT Ann. | 21.6 | 11.1 | 9.8 | |
Tax Ann. | 5.5 | 2.6 | 2.7 | |
| 16 | 8.5 | 7.1 | ||
Net Profit Ann. | 16 | 8.5 | 7.1 | |
NPM Ann. % | 13.66% | 7.46% | 6.41% | |
EPS Adj. latest Ann. | 7.3 | 3.9 | 3.2 |
Ashutosh Fibre INFORMATION ON IPO ISSUE
About Ashutosh Fibre
Ashutosh Fibre was incorporated on May 21, 1985. The company initially operated in both manufacturing and trading, with manufacturing becoming its primary focus over time. Since 2010, it has expanded its manufacturing capabilities and established a Petlad, Gujarat facility producing technical and synthetic yarns
Object of the Issue
- Funding capital expenditure requirements towards funding of new equipment and machinery
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the company
- General corporate purposes
Ashutosh Fibre - PROMOTERS
| Name |
|---|
| Siddharth Prakash Patel |
| Abhishek Rajendrakumar Agarwal |
| Prahash Fin-Stock Private Limited |
Ashutosh Fibre - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Siddharth Prakash Patel | Managing Director & Chairman |
| Abhishek Rajendrakumar Agarwal | Whole-time Director |
| Piyush Ravishanker Bhatt | Independent Director |
| Dhwani Lalitbhai Nagar | Independent Director |
| Jayshree Vikram Patel | Independent Director |
Ashutosh Fibre Book Running Lead Manager
Mefcom Capital Markets Limited
afl.ipo@mefcomcap.in
Ashutosh Fibre Registrar to the Offer
KFin Technologies Limited
ashutosh.ipo@kfintech.com
Ashutosh Fibre Strengths
Recycling & sustainable fibre solutions
The company has developed proprietary capabilities to recycle and re-engineer para-aramid fabrics into high-quality secondary fibres for applications such as brake pads, filtration media and protective textiles. Its “Fabric-to-Fibre” process supports a circular economy by reducing dependence on virgin fibres, lowering raw material costs and providing sustainable alternatives
Diversified yarn applications
The company manufactures polypropylene spun yarns for household and industrial applications, including filtration, geotextiles, insulation and protective textiles, with flexible spinning capabilities to meet varied customer requirements. Polypropylene yarns contributed 22.64% of revenue in FY25, supported by demand from filtration, infrastructure and technical textile applications
Quality control
The company maintains stringent quality control using advanced testing and monitoring equipment to ensure consistent yarn performance and compliance with customer specifications and applicable BIS standards. Its focus on quality has helped keep defect and rejection rates low at 0.40%, 0.03% and 0.13% of revenue in FY25, FY24 and FY23, respectively
Ashutosh Fibre Risks
Single-segment concentration risk
The company operates in a single segment focused on spinning technical textile yarns, including para-aramid, polypropylene and other specialty fibres, leaving it exposed to segment-specific risks. Declining demand, competition, raw material price volatility, supply disruptions, regulatory changes or substitute materials could adversely affect its revenues, margins and financial performance
B2B customer & demand risk
The company operates primarily on a B2B model, supplying technical yarns and fabrics to industrial and institutional customers across sectors such as filtration, construction, automotive and protective textiles. Reduced or delayed orders, customer concentration, industry slowdowns, substitution by alternative materials or pricing pressures could adversely affect its revenues, margins and financial performance
Workforce retention risk
The company’s success depends on retaining experienced management, technical personnel and skilled plant operators with expertise in specialised yarn manufacturing processes. Difficulty in attracting or retaining such employees could cause operational disruptions, loss of expertise, delays in customer orders and adversely affect its growth and financial performance
IPO FAQs
The promoters of the company are Siddharth Prakash Patel, Abhishek Rajendrakumar Agarwal and Prahash Fin-Stock Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 87.0 - 92.0.
The IPO application opens on Aug 31, 2026 and closes on Sep 02, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 208,800.0, the maximum value for this IPO is Rs 220,800.0.
This IPO will be allotted on Sep 03, 2026.
The refund will be credited to your account on Sep 04, 2026.
The allotted shares will be credited to your demat on Sep 04, 2026.
Ashutosh Fibre Ltd.’s shares listed on the stock exchanges on Sep 07, 2026.
