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(25/08/2026 12:40)

Ashutosh Fibre announces launch of initial public offering

Ashutosh Fibre Ltd. has announced public offering of 6124800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 82.00 per share. The gross proceeds of the issue are expected to be Rs 5,634.82 lakhs.

The company's initial public offer (IPO) will open on 31 August 2026 and is expected to close on 02 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 87.00-92.00 per share.

The IPO includes a fresh Issue of 6124800 Equity Shares of the Company at an price of Rs 92.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Ashutosh Fibre Ltd. anticipates using the proceeds of the issue for .

Mefcom Capital Markets Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.
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