Ashutosh Fibre IPO Lists at 52% Premium on NSE SME

Ashutosh Fibre shares made a strong stock market debut on September 7, 2026, listing at a premium of 52.17% over the IPO issue price on the NSE SME platform. The stock opened at ₹140 per share, compared with its issue price of ₹92 per share.

The listing followed the company’s ₹56.35 crore IPO, which was open for subscription from August 31 to September 2, 2026. The final issue price was fixed at ₹92 per share, with the allotment finalised on September 3.

Ashutosh Fibre’s IPO consisted entirely of a fresh issue of 61.25 lakh equity shares.

Ahmedabad-based Ashutosh Fibre manufactures specialised technical yarns used across industrial filtration, protective textiles, antistatic materials and automotive friction components.

Ashutosh Fibre IPO Listing Details

Ashutosh Fibre launched its ₹56.35 crore book-built IPO, consisting entirely of a fresh issue of 61.25 lakh equity shares. The bidding window opened on August 31 and closed on September 2, 2026, while the allotment was finalised on September 3.

The final IPO issue price was fixed at ₹92 per equity share. Retail investors could apply for a minimum lot of 1,200 shares, requiring a minimum investment of ₹1,10,400.

Ashutosh Fibre subsequently made its stock market debut at ₹140 per share on the NSE SME platform, representing a premium of 52.17% over its IPO issue price.

• Issue Price: ₹92 per share
• NSE SME Listing Price: ₹140 per share
• Listing Premium: 52.17%
• IPO Size: ₹56.35 crore
• Fresh Issue: 61.25 lakh equity shares
• Minimum Lot Size: 1,200 shares
• Minimum Retail Investment: ₹1,10,400
• IPO Open Date: August 31, 2026
• IPO Close Date: September 2, 2026
• Allotment Date: September 3, 2026

First-Day Trading Performance

Listing Price: Ashutosh Fibre share price debuted at ₹140 per share on the NSE SME platform against the IPO issue price of ₹92, translating into a listing premium of 52.17%.

As of 10:14 AM on September 7, 2026, Ashutosh Fibre shares were trading at ₹147 on the NSE, representing a gain of 59.78% over the IPO issue price of ₹92.

The stock had moved above its listing price of ₹140 during early trading, extending its gains over the IPO issue price.

The strong listing followed the company’s ₹56.35 crore public issue, which consisted entirely of a fresh issue of 61.25 lakh equity shares.

Growth Drivers and Challenges

Growth Drivers

Profit Growth: PAT increased around 89% in FY26.

EBITDA Expansion: EBITDA increased to ₹31.07 crore in FY26.

Margin Improvement: EBITDA margin expanded to 26.47% in FY26.

Diversified Applications: Yarns serve multiple industrial applications.

Geographic Reach: Presence across India and over six export markets.

Challenges

Capacity Requirements: Expansion needed to support capacity utilisation.

Capital Expenditure: Machinery expansion requires fresh investment.

Technology Upgrades: Funds are planned for upgrading technology lines.

Working Capital Needs: IPO proceeds will support working capital objectives.

Industrial Demand Exposure: Business serves downstream industrial applications.

Utilisation of IPO Proceeds

Ashutosh Fibre’s ₹56.35 crore IPO consisted entirely of a fresh issue of 61.25 lakh equity shares.

The company plans to use the fresh equity proceeds towards machinery expansion to support its capacity utilisation, upgrading technology lines and meeting general working capital objectives.

The public issue comprised:

• Fresh issue of 61.25 lakh equity shares
• Total IPO size of ₹56.35 crore
• Machinery expansion
• Upgrading technology lines
• General working capital objectives

Mefcom Capital Markets Ltd. acted as the book-running lead manager for the IPO, while KFin Technologies Ltd. served as the registrar.

Business and IPO Overview

Incorporated in 1985, Ashutosh Fibre Limited manufactures specialised technical yarns. Headquartered in Ahmedabad, Gujarat, the company produces synthetic and technical yarns designed for a range of high-performance downstream applications.

Its products are used in liquid and gas industrial filtration, heat and flame-resistant protective textiles, cut-resistant textiles, antistatic materials and automotive friction components.

The company operates an integrated processing plant in Gujarat that combines fibre recycling with multi-technology spinning lines. Its domestic footprint extends across 14 states and one Union Territory. It also exports to industrial customers in more than six countries, including China, Germany, Hungary, Brazil, Russia and Italy.

Ashutosh Fibre reported total income of ₹117.43 crore in FY26, compared with ₹114.97 crore in FY25.

Profit after tax increased by around 89% to ₹16.04 crore in FY26 from ₹8.51 crore in FY25. EBITDA rose to ₹31.07 crore in FY26, while its EBITDA margin expanded to 26.47% from 16.45% in FY25.

Ashutosh Fibre entered the public markets through a ₹56.35 crore IPO consisting entirely of a fresh issue of 61.25 lakh equity shares. The issue opened on August 31 and closed on September 2, 2026, with the final issue price fixed at ₹92 per share.

Ashutosh Fibre made a strong stock market debut on September 7, 2026, with shares listing at ₹140 on the NSE SME platform, representing a premium of 52.17% over the IPO issue price of ₹92.

As of 10:14 AM on the listing day, the stock was trading at ₹147, remaining 59.78% above its IPO issue price and 5% above its listing price.