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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Ashutosh Fibre Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹92
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,10,400
Issue Size
₹56.35 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.02%
QIB Quota
49.96%
NII Quota
15.02%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
59.79%
Promoter Holding (Post-Issue)
43.05%
Issue Type
Book Building - SME
ISIN
INE19FR01012
The Company was engaged in both manufacturing and trading activities. Trading continued to contribute significantly to the business until FY 2006-07; however, over time, manufacturing emerged as the primary area of focus. In 2010, Abhishek Rajendrakumar Agarwal, who possesses relevant industry experience, joined the Company through a transfer of shares and contributed to the further development and expansion of the Company's manufacturing capabilities. Currently, the business is managed by our promoters, Siddharth Prakash Patel and Abhishek Rajendrakumar Agarwal. Under their leadership, the Company has scaled its operations and established a manufacturing facility in Petlad, Gujarat, specializing in the production of various technical and synthetic yarns.
The global technical textile industry has evolved into a dynamic, innovation-driven sector that emphasizes functionality over aesthetics. These specialized textiles are used in a wide range of industries such as automotive, medical, construction, agriculture, Industrial and defence. Their ability to deliver properties like strength, thermal resistance, flame retardancy and filtration has made them essential in both industrial and consumer applications. As industrial activity continues to grow globally, the demand for high-performance textiles-particularly in transport and industrial use cases-has steadily increased. India's technical textile sector has gained strategic importance in recent years, transitioning from a niche category to a key focus area for industrial modernization and import substitution. These textiles designed for functional and performance-based use are increasingly integrated into essential industries such as transportation, Industrial, healthcare, environmental protection, packaging, defence and civil engineering. Driven by advancements in material science and changing market needs, technical textiles are enabling product innovation and efficiency across a wide range of applications. The industry is witnessing accelerated adoption, supported by policy interventions, rising awareness among end-users and growing emphasis on safety, hygiene and sustainability.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of 61,24,800 equity shares of face value of Rs.10/- each ("Equity Shares") of Ashutosh Fibre Limited ("The Company" or "Company" or "The Issuer") for cash at a price of Rs.92 per equity share ("Issue Price") aggregating to Rs. 56.35 Crore comprising of fresh issue of 61,24,800 equity shares aggregating to Rs. 56.35 ("The Issue") of which 3,07,200 equity shares aggregating to Rs. 2.83 Crore were reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 58,17,600 equity shares of face value of Rs. 10/- each at an issue price of Rs. 92 per equity share aggregating to Rs. 53.52 Crore ("Net Issue"). The issue and the net issue will constitute 28.00% and 26.60% of the post-issue paid-up equity share capital of the company. Price Band: Rs. 92 per equity share of face value of Rs. 10/- each. The floor price is 9.2 times the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated on May 21, 1985 under the name "Ashutosh Fibre Private Limited" at Ahmedabad, Gujarat, under the provisions of the Companies Act, 2013 and the Certificate of Incorporation was issued at Ahmedabad by Registrar of Companies, Gujarat bearing Registration Number 007831 of 1985. Pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on July 29, 2024, our Company was converted from a private limited company to public limited company and consequently, the name of our Company was changed to "Ashutosh Fibre Limited" and a fresh certificate of incorporation dated April 21, 2025 was issued to our Company by the Registrar of Companies, Central Processing Centre. The present CIN of our Company is U24299GJ1985PLC007831.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.