Ashutosh Fibre Share Price: Gujarat-based technical and synthetic yarn manufacturer Ashutosh Fibre has attracted investor attention following its stock market debut in September 2026. The company’s shares closed at ₹130.10 on the NSE on Thursday, compared with their IPO issue price of ₹92.
Veteran stock market investor Vijay Kedia holds a significant stake in the company, with more than 10 lakh shares in his portfolio.
Ashutosh Fibre Shares Trade Above IPO Issue Price
Ashutosh Fibre launched its ₹56 crore IPO on August 31, 2026, with subscriptions closing on September 2. The company fixed its price band at ₹87–₹92 per share and finalised the issue price at ₹92.
The stock made an impressive market debut on September 7, listing at ₹140 before ending its first trading session at ₹147.
At Thursday’s closing price of ₹130.10, Ashutosh Fibre shares were trading approximately 41.4% above their IPO issue price. However, the stock remained below its listing-day closing level.
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Vijay Kedia Holds 10.35 Lakh Shares in Ashutosh Fibre
Renowned investor Vijay Kedia owns 10,35,000 shares, representing a 4.73% stake in Ashutosh Fibre, according to the company’s September 2026 quarter shareholding disclosure.
Interestingly, Kedia did not acquire this investment through open-market purchases. He was already a shareholder before the company’s IPO.
His ownership stood at 6.57% before the public issue. However, the issuance of 61.25 lakh new shares diluted his percentage holding to 4.73%.
Based on the reported closing price of ₹130.10, Kedia’s stake had an approximate market value of ₹13.47 crore.
What Does Ashutosh Fibre Manufacture?
Ashutosh Fibre specialises in technical and synthetic yarns used across several industries.
Its products are used in industrial filters, flame-retardant workwear, personal protective equipment (PPE), automotive seat fabrics and carpets.
The company also has a substantial international business. Exports contributed approximately 39% of its FY2026 revenue, with China emerging as its largest export market.
Ashutosh Fibre Financial Performance: Profit Rises Sharply in FY2026
Ashutosh Fibre reported strong profit growth in FY2026, despite relatively modest growth in total income.
Here is a comparison of its financial performance over the past three financial years:
| Financial Year | Total Income | Net Profit |
|---|---|---|
| FY2026 | ₹117.43 crore | ₹16.04 crore |
| FY2025 | ₹114.97 crore | ₹8.51 crore |
| FY2024 | ₹109.89 crore | ₹7.05 crore |
The company’s net profit increased approximately 88.5% in FY2026 compared with the previous financial year. Meanwhile, total income grew around 2.1%.
This indicates that profitability improved at a much faster pace than overall income during the year.
Ashutosh Fibre IPO Received Strong Investor Demand
The company’s public offering attracted significant interest across investor categories, achieving an overall subscription of 124.44 times.
The category-wise subscription figures were:
- Retail Investors: 131.77 times
- Non-Institutional Investors (NII): 267.47 times
- Qualified Institutional Buyers (QIB): 76.40 times
- Overall Subscription: 124.44 times
Demand from non-institutional investors was particularly strong, making it the most heavily subscribed category.
What Should Investors Watch Next?
Ashutosh Fibre’s stock continues to trade above its IPO issue price, while Vijay Kedia‘s substantial shareholding adds to investor interest.
However, investors should also monitor the company’s upcoming quarterly results, export performance, profit margins and share price movements before making investment decisions.
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Disclaimer: This article is intended for informational purposes only and does not constitute investment advice. Stock market investments involve risk. Financial figures and shareholding details are based on the supplied report.
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