Ashutosh Fibre IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 143.93 |
| NII | 1.84 | 4.44 | 200.85 |
| RII | 1.60 | 8.32 | 99.16 |
| Total | 1.60 | 5.53 | 144.65 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Ashutosh Fibre IPO minimum market lot is 2,400 shares with ₹2,20,800 application amount. The Ashutosh Fibre IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Since its founding in 1985, Ashutosh Fibre has manufactured and traded technical textile products, especially PP (polypropylene) spun yarn. 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.
Ashutosh Fibre makes technical textiles across 4 major categories: Indutech, Protech, Hometech, and Mobiltech.
- Indutech: Yarns for filtration, ropes, geotextiles, and industrial textiles.
- Protech: Strong, heat- and flame-resistant yarns/fabrics for safety and protective products.
- Hometech: Textiles for home furnishings, carpets, and filtration.
- Mobiltech: Special yarns used in automotive parts like brake pads and clutch components.
Moreover, its manufacturing facility is equipped with 5 production/processing lines and 3 different methods to make yarn: Ring Spun, DREF (Friction Spun), and Open-End Spinning, ranging from 2 Ne to 50 Ne.
Ashutosh Fibre IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Ashutosh Fibre IPO Review and Rating
- May Apply For Long-term View
Ashutosh Fibre IPO Form
How to apply for the Ashutosh Fibre IPO? You can apply for Ashutosh Fibre IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ashutosh Fibre IPO in the Invest section. The other option is you can apply for Ashutosh Fibre IPO via IPO forms downloaded online. Check out the Ashutosh Fibre forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
