Ashutosh Fibre IPO GMP today is Rs 56. Investors can use this GMP along with price band and subscription status for a better IPO review.
Closed
SME IPO
ASHUTOSH
Ashutosh Fibre IPO GMP & Allotment
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 multiple sectors.
- IPO Price Band
- ₹87.00 - ₹92.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 02 Sept 2026
- Listing Date
- 07 Sept 2026
Current GMP Status
₹56
+60.87% vs upper band
Est. Listing Gain
+60.87%
Last Trend
07 Sept 2026
Listing Price
Est. ₹148
Retail Entry
₹2,20,800
IPO Details
Complete IPO information
| IPO Open Date | 31 Aug 2026 |
|---|---|
| IPO Close Date | 02 Sept 2026 |
| IPO Price Band | ₹87.00 - ₹92.00 |
| Lot Size | 1,200 Shares |
| Current GMP | ₹56 |
| Estimated Listing Gain | +60.87% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 144.65x |
| Minimum Investment | ₹2,20,800 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 11.63 | 1673.59 | 143.93x |
| NII | 5.66 | 1754.66 | 200.85x |
| Retail | 20.38 | 2020.54 | 99.16x |
| Overall Subscription | 37.67 | 5448.79 | 144.65x |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Ashutosh Fibre is priced at ₹92 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,20,800 to participate in this SME issue.
The latest recorded Grey Market Premium for Ashutosh Fibre stands at ₹56, implying an estimated listing gain of around 60.87% over the issue price if it holds until listing. This is up ₹12 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Ashutosh Fibre's IPO was subscribed 144.65x overall, with a category-wise breakdown of Retail 99.16x, QIB 143.93x, NII 200.85x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
31 Aug 2026
✓
Bidding Closes
02 Sept 2026
03
Allotment Next
03 Sept 2026
04
Listing
07 Sept 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 07 Sept 2026 | ₹56.00 | +₹12.00 | 60.87% |
| 06 Sept 2026 | ₹44.00 | +₹34.00 | 47.83% |
| 02 Sept 2026 | ₹10.00 | -₹35.00 | 10.87% |
| 01 Sept 2026 | ₹45.00 | +₹8.00 | 48.91% |
| 31 Aug 2026 | ₹37.00 | +₹22.00 | 40.22% |
| 27 Aug 2026 | ₹15.00 | +₹15.00 | 16.30% |
| 26 Aug 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,20,800 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,20,800 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,31,200 |
| S-HNI Maximum | 9 Lot | 10,800 | ₹9,93,600 |
| B-HNI Minimum | 10 Lot | 12,000 | ₹11,04,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Ashutosh Fibre IPO Reservation
The Ashutosh Fibre IPO reservation is divided among Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors.
Anchor Investors are allocated 17,43,600 shares, representing approximately 28.47% of the total issue. QIBs excluding the anchor portion are offered 11,62,800 shares, representing approximately 18.99%. :contentReference[oaicite:0]{index=0}
The NII category is allocated 8,73,600 shares, or approximately 14.26% of the total issue, while Retail Individual Investors are offered 20,37,600 shares, representing approximately 33.27%. :contentReference[oaicite:1]{index=1}
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 17,43,600 Shares | 28.47% |
| QIB (Ex. Anchor) | 11,62,800 Shares | 18.99% |
| NII Shares Offered | 8,73,600 Shares | 14.26% |
| Retail Shares Offered | 20,37,600 Shares | 33.27% |
Note: The remaining 3,07,200 shares (approximately 5.02%) are reserved for the Market Maker. The total issue comprises 61,24,800 equity shares, while the net public offer after the Market Maker reservation comprises 58,17,600 shares. :contentReference[oaicite:2]{index=2}
Analysis
Ashutosh Fibre IPO Anchor Investors
The Ashutosh Fibre IPO anchor bidding is scheduled for August 28, 2026, ahead of the public issue opening on August 31. A total of 17,43,600 equity shares have been reserved for anchor investors.
At the upper IPO price band of ₹92 per share, the anchor portion is valued at approximately ₹16.04 crores. The final names of anchor investors will be available after completion of the anchor allocation process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 28, 2026 |
| Anchor Investors List | Awaited |
| Shares Offered | 17,43,600 Shares |
| Anchor Size | Approx ₹16.04 Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | October 1, 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | November 30, 2026 |
Note: The anchor portion comprises 17,43,600 shares. At the upper price band of ₹92 per share, the anchor allocation value works out to approximately ₹16.04 crores. The final anchor investor list will be updated after the anchor bidding process.
Analysis
Ashutosh Fibre IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 31 Aug 2026 |
| IPO Close Date | 02 Sept 2026 |
| Basis of Allotment | 03 Sept 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 07 Sept 2026 |
Note: The timeline for Ashutosh Fibre IPO is tentative and subject to change.
Analysis
Ashutosh Fibre IPO Promoters and Holding Pattern
The promoters of Ashutosh Fibre are Siddharth Prakash Patel, Abhishek Rajendrakumar Agarwal and Prabhas Fin-Stock Pvt. Ltd. Before the IPO, the promoter and promoter group collectively hold 94,17,600 equity shares, representing 59.79% of the company's pre-IPO equity share capital.
Other shareholders hold 63,32,400 equity shares, representing 40.21% of the pre-IPO share capital. The company's total outstanding equity shares before the IPO stand at 1,57,50,000 shares.
Following the fresh issue, the company's total outstanding shares are expected to increase to 2,18,74,800 equity shares. The promoter and promoter group holding is expected to decline from 59.79% pre-IPO to 43.05% post-IPO, while the holding of other shareholders will increase to 56.95%.
Promoters of Ashutosh Fibre
- Siddharth Prakash Patel
- Abhishek Rajendrakumar Agarwal
- Prabhas Fin-Stock Pvt. Ltd.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 94,17,600 | 59.79% | – | 43.05% |
| Others* | 63,32,400 | 40.21% | – | 56.95% |
| Total | 1,57,50,000 | 100% | 2,18,74,800 | 100% |
Holding Pattern: The fresh issue will dilute the promoter and promoter group holding from 59.79% to approximately 43.05%. The company's total outstanding equity shares will increase from 1.575 crore shares to approximately 2.187 crore shares after the issue.
Analysis
Ashutosh Fibre Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Ashutosh Fibre IPO Objects of the Issue & Utilisation of Proceeds
Ashutosh Fibre proposes to utilise the IPO proceeds primarily towards capital expenditure and repayment or pre-payment of certain existing borrowings.
The company plans to utilise approximately ₹25.51 crores towards purchasing new equipment and machinery. Another ₹20.00 crores is proposed to be used for repayment or pre-payment, in full or in part, of certain borrowings availed by the company.
| Purpose | Amount |
|---|---|
| Funding capital expenditure requirements towards funding of new equipment and machinery | ₹25.51 Cr. |
| Repayment / pre-payment, in full or in part, of certain borrowings availed by the Company | ₹20.00 Cr. |
| General Corporate Purposes | ₹- |
Note: The specifically identified utilisation of IPO proceeds totals approximately ₹45.51 crores. The balance net proceeds are proposed to be utilised towards general corporate purposes and applicable issue-related expenses.
Analysis
Ashutosh Fibre Company Financials
To Be Updated Soon
Analysis
Ashutosh Fibre Company Valuation – FY2026
To Be Updated Soon
Analysis
Ashutosh Fibre IPO Peer Group Comparison
To Be Updated Soon
Analysis
Ashutosh Fibre IPO Peer Group Comparison
The Ashutosh Fibre IPO peer group includes RSWM Limited, Reliance Chemotex Industries Limited, Garware Technical Fibres Limited and Cedaar Textile Limited. The comparison covers key indicators including EPS, P/E ratio, Return on Net Worth (RoNW), Net Asset Value (NAV) and income.
Among the profitable listed peers, Garware Technical Fibres Limited reports the highest EPS at ₹21.28 and RoNW of 15.92%. RSWM Limited reports EPS of ₹11.04, while Reliance Chemotex Industries reports EPS of ₹6.97. Cedaar Textile has negative EPS and RoNW.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| RSWM Limited | 11.04 | 18.55 | 3.79% | 291.21 | 4,553.98 Cr. |
| Reliance Chemotex Industries Limited | 6.97 | 16.09 | 3.69% | 189.23 | 362.01 Cr. |
| Garware Technical Fibres Limited | 21.28 | 37.72 | 15.92% | 133.71 | 1,418.98 Cr. |
| Cedaar Textile Limited | (56.16) | NA | (147.39)% | 34.90 | 162.80 Cr. |
Valuation Comparison: Based on Ashutosh Fibre's FY2026 EPS of ₹10.19 and IPO price band of ₹87–₹92, its implied P/E ratio is approximately 8.54x–9.03x. This is below the reported P/E ratios of RSWM Limited (18.55x), Reliance Chemotex Industries Limited (16.09x) and Garware Technical Fibres Limited (37.72x).
Analysis
Ashutosh Fibre IPO Lead Managers aka Merchant Bankers
- Mefcom Capital Markets Ltd.
Comparison
Compare Ashutosh Fibre IPO with similar IPOs
FAQ
Ashutosh Fibre IPO FAQs
Ashutosh Fibre IPO price band is Rs 87.00 to Rs 92.00. Check the latest issue price, lot size and GMP together before applying.
Ashutosh Fibre IPO open date is 31 Aug 2026, close date is 02 Sept 2026, and listing date is 07 Sept 2026.
Ashutosh Fibre IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,20,800.
Ashutosh Fibre is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Ashutosh Fibre IPO subscription status currently shows Retail 99.16x, QIB 143.93x, NII 200.85x, Overall 144.65x.
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 multiple sectors.
Ashutosh Fibre IPO issue size is TBA and the expected allotment date is 03 Sept 2026.
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