Ashutosh Fibre IPO

Driven by QIB demand at 143.9x and elevated disclosed risk (7/10), Ashutosh Fibre listed at a premium of 52.2% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.

• The company claims to have developed capabilities in recycling and re-engineering para-aramid fabrics through its proprietary “Fabric-to-Fibre” recycling process, which uses para-aramid fabric waste a
• The company also has an established manufacturing setup with five processing lines and three yarn manufacturing technologies: ring spun, DREF (friction spun), and open-end spinning. This gives it the
• The company claims to have established a presence in the polypropylene (PP) spun yarn segment in India, supported by its production capabilities and customer relationships. Sales of polypropylene yarn
• The company claims to have established long-standing relationships with customers and suppliers across its business. The average period of its relationships with major customers is approximately six y
• The company claims to maintain stringent quality control across its manufacturing processes, supported by testing and monitoring equipment such as the Mesdan Evenness Tester and Pinter Hard Core attac

Score breakdown — what drove this verdict

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Disclosed Risk 7/10

High risk from DRHP → score -0.8

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QIB Demand 143.9×

Institutional subscription → score +2.0

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Retail Demand 97.6×

Strong retail interest → score +0.5

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Listing Performance +52.2%

Actual listing outcome → score +1.5

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SME Liquidity Discount SME

SME IPOs have lower liquidity after listing → score −0.5

Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →

IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.