Ashutosh Fibre IPO Subscription Day 1: Issue Booked 1.59x

Mumbai, August 31: The Ashutosh Fibre IPO opened for subscription on August 31, 2026, and received a strong response from investors on the first day. The ₹56.35 crore issue was subscribed 1.59 times by the end of Day 1.

The public issue received bids for 60,02,400 shares against 37,66,800 shares available for subscription. Retail investors led the demand with the category subscribed 2.16 times, while the NII portion was subscribed 1.84 times.

The QIB portion, excluding anchor investors, remained at 0.00 times on the opening day, with no bids recorded against the 11,62,800 shares available in the category.

The IPO will remain open for subscription until September 2, 2026. Ashutosh Fibre is proposed to list on the NSE SME platform, with the tentative listing date set for September 7, 2026.

Ashutosh Fibre IPO Details

The Ashutosh Fibre IPO is a ₹56.35 crore bookbuilding issue. The issue comprises a fresh issue of 58,17,600 shares, while 3,07,200 shares are reserved for the market maker.

The price band has been fixed at ₹87 to ₹92 per share. The lot size is 1,200 shares, while individual investors need to apply for a minimum of two lots, or 2,400 shares. At the upper end of the price band, the minimum retail investment comes to ₹2,20,800.

For HNI investors, the minimum application is three lots, or 3,600 shares, requiring an investment of ₹3,31,200 at the upper price band.

Ashutosh Fibre IPO Subscription Status

The Ashutosh Fibre IPO saw healthy demand from retail investors on the opening day. The individual investor category received bids for 43,96,800 shares against 20,37,600 shares offered, taking the subscription to 2.16 times.

The NII category was subscribed 1.84 times, with bids for 16,05,600 shares against 8,73,600 shares available. Within the segment, bNII investors subscribed 2.12 times, while the sNII portion stood at 1.28 times.

The QIB segment excluding anchor investors remained unsubscribed on Day 1. The category had 11,62,800 shares available but received no bids, leaving its subscription at 0.00 times.

Overall, the issue received bids for 60,02,400 shares against 37,66,800 shares offered to the public. This resulted in an overall subscription of 1.59 times by the end of the first bidding session.

Shares offered and total amount are calculated at the upper end of the IPO price band. Anchor investors are not included in the public subscription figures.

Day-wise Subscription Details

The Ashutosh Fibre IPO began its three-day bidding process on August 31, 2026. The issue crossed the one-times subscription mark on the opening day, supported mainly by retail and NII participation.

By the end of Day 1, retail investors had subscribed 2.16 times, while the NII category stood at 1.84 times. The QIB portion excluding anchor investors remained at 0.00 times, taking the overall subscription to 1.59 times.

About Ashutosh Fibre

The provided IPO details do not contain detailed information about Ashutosh Fibre’s business operations, products or services. The available information identifies the company as the issuer of the ₹56.35 crore NSE SME IPO.

Further company information is referred to in the company’s RHP, as indicated in the provided IPO details.

Conclusion

The Ashutosh Fibre IPO had a positive start to its three-day bidding process, with the issue subscribed 1.59 times on Day 1. Retail investors recorded the strongest participation at 2.16 times, followed by NII investors at 1.84 times.

The QIB portion, excluding anchor investors, had not received any bids by the end of the first day. The IPO will remain open until September 2, 2026, giving investors two more bidding sessions to participate. The tentative allotment date is September 3, followed by share credit and refunds on September 4, with the NSE SME listing scheduled for September 7, 2026.

Source:

• https://www.chittorgarh.com/ipo/ashutosh-fibre-ipo/2751/