Ashutosh Fibre IPO Subscription Day 2: Issue Booked 2.22 Times

Mumbai, September 1: The Ashutosh Fibre IPO continued to see stronger participation from individual investors on Day 2 of the bidding process. By September 1, 2026, at 10:25 AM, the issue had received an overall subscription of 2.22 times.

The public issue was subscribed 3.23 times in the individual investor category, while the NII portion was subscribed 2.04 times. The QIB category, excluding anchor investors, remained unsubscribed at 0.00 times at the time of the latest snapshot.

The IPO opened for subscription on August 31, 2026, and will remain open until September 2, 2026. The company is scheduled to list its shares on the NSE SME platform on September 7, 2026.

Ashutosh Fibre IPO Details

Ashutosh Fibre IPO is a bookbuilding issue with a stated size of ₹56.35 crore. The issue is described as an entirely fresh issue, with the price band fixed at ₹87 to ₹92 per share.

The lot size is 1,200 shares. Individual investors need to apply for a minimum of two lots, or 2,400 shares, requiring an investment of ₹2,20,800 at the upper end of the price band.

For HNI investors, the minimum application is three lots, or 3,600 shares. At ₹92 per share, this amounts to ₹3,31,200.

Ashutosh Fibre IPO Subscription Status

The Ashutosh Fibre IPO had received bids for 83,56,800 shares against 37,66,800 shares offered to the public, taking the overall subscription to 2.22 times as of September 1, 2026, at 10:25 AM.

Individual investors led the subscription with bids for 65,76,000 shares against 20,37,600 shares on offer. This translated into a subscription of 3.23 times.

The NII category received bids for 17,80,800 shares against 8,73,600 shares available, resulting in a subscription of 2.04 times. Within the NII segment, the bNII portion was subscribed 2.09 times, while the sNII portion stood at 1.94 times.

The QIB portion excluding anchor investors had received no bids at the time of the snapshot, leaving the category at 0.00 times.

Shares offered and total amount are based on the upper end of the price band. Anchor investors and the market maker portion are not included in the public subscription figures.

Day-wise Subscription Details

The Ashutosh Fibre IPO opened on August 31, 2026, with the overall issue subscribed 1.61 times on the first day. Retail investors accounted for the strongest demand, with the category subscribed 2.20 times.

By Day 2, subscription levels had increased to 2.22 times overall. Individual investors continued to lead at 3.23 times, while NII subscription rose to 2.04 times. QIB subscription remained at 0.00 times excluding anchor investors.

About Ashutosh Fibre

The provided IPO snapshot identifies Ashutosh Fibre as the company behind the issue and states that the IPO is being managed by Mefcom Capital Markets Ltd. Kfin Technologies Ltd. is listed as the registrar to the issue.

The snapshot also identifies Asnani Stock Broker Pvt. Ltd. as the market maker. The issue is proposed to be listed on the NSE SME platform.

Conclusion

The Ashutosh Fibre IPO had attracted 2.22 times subscription by Day 2, with individual investors driving demand at 3.23 times. NII participation also remained above the shares available, while the QIB segment had yet to record bids excluding anchor investors.

The IPO will remain open until September 2, 2026. As per the stated tentative timetable, allotment is expected on September 3, followed by refunds and share credit on September 4, with the shares scheduled to list on the NSE SME platform on September 7, 2026.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=ASHUTOSH&series=SME&type=Active