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Ashutosh Fibre Ltd

Registered Office: 111-New Cloth Market,Raipur, Ahmedabad - 380002, Gujarat, India.
Phone : +91 9727 559 799   Fax:
Email :  info@ashutoshfibre.com  
Website :  https://www.ashutoshfibre.com/

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.

Issue Money Payable On
Opens on Closes On Application Allotment
31-Aug-26 02-Sep-26 92.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2400   Further Multiples of : 1200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 47.57 Mefcom Capital Markets Limited
Project Financed through Current Offer 56.35  
Post Issue Equity Share Capital 21.87  
Issue Price 92.00  

Project

  • Funding capital expenditure requirements towards funding of new equipment and machinery
  • Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
  • General Corporate Purpose

Promoted By

Siddharth Prakash Patel

Abhishek Rajendrakumar Agarwal

Prahash Fin-Stock Private Limi

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.