Ashutosh Fibre IPO: The SME bet on India's technical textiles boom

Ashutosh Fibre, a Gujarat-based technical yarn manufacturer, is raising up to ₹56 crore via a 100% fresh issue SME IPO priced at ₹87-₹92, opened on August 31 and closes on September 2, 2026. FY26 showed a sharp jump in profitability- PAT more than doubled and EBITDA margin nearly doubled- while trading at roughly a third of peer valuations. However, high customer concentration, China revenue dependency, and the durability of the FY26 margin expansion remain key risks to watch. To read. click here.