Ashutosh Fibre Limited IPO — Subscription & GMP
- Price band
- ₹87 – ₹92
- Lot size
- 1200
- Issue size
- ₹40.31 Cr
- Bidding
- 31 Aug 2026 → 02 Sept 2026
- Allotment
- —
- Listing
- 07 Sept 2026
Listing outcome
Official exchange pricesGMP was out by 37.0 percentage points in the buyer’s favour — it implied +15.22% and the issue listed +52.17%. Counted in our running GMP accuracy record.
Schedule
- 31 Aug 2026IPO open date
- 02 Sept 2026IPO close date
- 03 Sept 2026Allotment date†
- 03 Sept 2026Funds unblock or debit†
- 07 Sept 2026Tentative listing date
† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.
Fundamentals
The business, its valuation and returnsBusiness Model of Ashutosh Fibre Limited
Ashutosh Fibre Limited operates as a business-to-business (B2B) manufacturer and trader of technical textile products. Incorporated in 1985 and based in Petlad, Gujarat, the company focuses on producing customised, performance-oriented textiles rather than conventional consumer apparel.
- Core Offerings: The company specializes in manufacturing polypropylene (PP) spun yarns and other specialized yarns. Its diverse product range includes para-aramid, meta-aramid, modacrylic blends, anti-static PP yarn, and heat and flame-retardant yarns.
- Target Markets (Segments): Ashutosh Fibre categorizes its technical textiles into four major segments: Indutech (industrial applications like filtration and ropes), Protech (protective and heat-resistant clothing), Hometech (home furnishings and carpets), and Mobiltech (automotive friction materials).
- Manufacturing Capabilities: The company utilizes advanced processing technologies, including Ring Spun, DREF (Friction Spun), and Open-End Spinning, allowing it to convert specialized fibres into high-performance yarns.
- Revenue Generation: The company generates revenue by supplying its customized technical yarns and fabrics to industrial manufacturers, processors, and institutional buyers in India and export markets (such as China, Germany, and Brazil).
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS | ₹10.19 | — |
| P/E ratio | 9.03× | — |
Promoter holding pre/post issue is in the offer document but we do not yet extract it. Left blank rather than estimated.
Read from the company’s offer document filed with SEBI. Figures are the latest reported financial year, as restated in that filing.
Figures are as reported and not independently audited, and are read 45 d ago.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from NSE · fetched 834 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers(QIBs) | — | 16.74 Cr | — |
| 1(a)Foreign Institutional Investors(FIIs) | — | 2.51 Cr | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 1.90 Cr | — |
| 1(c)Mutual funds | — | 7,200 | — |
| 2Non Institutional Investors | — | 17.58 Cr | — |
| 2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | — | 14.04 Cr | — |
| 2.1(b)Individuals(IND category bidding for more than 2 Lots) | — | 13.43 Cr | — |
| 2.1(b)Individuals(Other than RIIs) | — | 13.43 Cr | — |
| 2.1(c)Others | — | 31.36 L | — |
| 2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | — | 3.54 Cr | — |
| 2.2(a)Corporates | — | 5.18 L | — |
| 3Individual Investors (IND category bidding for 2 Lots) | — | 20.21 Cr | — |
| Total | 43.81 L | 54.52 Cr | 124.44× |
Source: NSE issue information
Anchor investors
From NSE's anchor allocation filingAnchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.
Anchor allocation report (NSE)
The allocation table for this issue could not be read reliably from the filing, so nothing is reproduced here.
Allotment status
You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
Issue details
- Price band
- ₹87 – ₹92
- Lot size
- 1200 shares
- Min. bid quantity
- —
- Face value
- ₹10.00
- Tick size
- ₹1.00
- Shares offered
- 43.81 L
- Issue size
- ₹40.31 Cr
- Max bid · QIB
- 40.74 L
- Max bid · NII
- 29.11 L
Timeline & process
- Bidding opens
- 31 Aug 2026
- Bidding closes
- 02 Sept 2026
- Bidding hours
- 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
- UPI mandate cutoff
- 02-Sep-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
- Allotment
- —
- Listing
- 07 Sept 2026
Intermediaries
- Registrar
- Kfintech Technologies Limited
- Sponsor bank
- Axis Bank Limited
- Lead managers
- Mefcom Capital Markets Limited