Ashutosh Fibre Limited
Minimum investment
Bidding date
31 Aug - 02 Sep 2026
Price range
₹87 - ₹92
Minimum quantity
2,400
Minimum investment
₹1,04,400
Issue size
₹56 Cr.
IPO doc (link)
RHP docs
Listing exchange
NSE/BSE
Category | Subscription |
|---|---|
Qualified Institutional Buyers | - |
Retail Individual Investor | - |
Non-Institutional Investor | - |
Others | - |
Total | 0.84x |
Ashutosh Fibre Limited, incorporated in 1985, is engaged in the manufacturing and trading of technical textile products, with a key focus on polypropylene (PP) spun yarns. The company operates on a B2B model and supplies yarns and fabrics to industrial manufacturers, processors and institutional buyers. Its product portfolio includes Para Aramid Based Spun Yarn, High Tenacity Polyester Yarn, Meta Aramid and FR Viscose Yarn, 100% Polypropylene Yarn, Modacrylic Based Yarn and Poly Poly Corespun Yarn.
The company serves applications across Indutech, Protech, Hometech and Mobiltech, with its products finding use in filtration, geotextiles, ropes, protective equipment, home furnishing and automotive friction materials. Its manufacturing facility has five processing lines and three spinning technologies: Ring Spun, DREF and Open-End Spinning. Ashutosh Fibre has also installed a 380 KW rooftop solar power system at its Petlad facility for captive consumption. As of June 30, 2026, the company had around 169 permanent employees.
Established Industry Presence: Ashutosh Fibre has been operating in the technical textile industry since 1985, giving it considerable experience in manufacturing and supplying specialised textile products.
Diversified Product Portfolio: The company offers various yarn and textile products across Indutech, Protech, Hometech and Mobiltech applications, helping it serve different industry requirements.
Multiple End-Use Industries: Its products are used in filtration, infrastructure, automotive, protective equipment, packaging and home furnishing, providing exposure to several industrial segments.
Strong Profitability Growth: PAT increased significantly from Rs. 8.51 crore in FY2025 to Rs. 16.04 crore in FY2026, while EBITDA rose from Rs. 17.84 crore to Rs. 31.07 crore during the same period.
Improved Operating Margins: The company's EBITDA margin improved from 15.64% in FY2025 to 26.47% in FY2026, indicating better operating profitability.
Competitive Industry: Ashutosh Fibre operates in a competitive technical textile market where pricing, product quality, technology and customer relationships can influence its ability to maintain market position.
Execution Risk on Capital Expenditure: A substantial portion of the IPO proceeds will be used for new machinery and equipment. Delays in procurement, installation or utilisation could affect the expected benefits from this investment.
Existing Borrowings: The company has outstanding borrowings of Rs. 47.92 crore as of March 31, 2026. Although Rs. 20 crore is proposed for repayment or pre-payment, the company will continue to have debt after the IPO.
Dependence on Industrial Demand: The company's business is linked to demand from sectors such as automotive, construction, infrastructure, filtration and protective equipment. Slowdowns in these industries could affect sales and profitability.
Raw Material Price Volatility: Changes in the prices or availability of key raw materials could increase production costs and put pressure on the company's margins.
117.43 Cr.
Mar'26
16.04 Cr.
Mar'26
31.07 Cr.
Mar'26
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