About Ashutosh Fibre
Incorporated in 1985, Ashutosh Fibre is a Gujarat-based manufacturer specializing in technical and synthetic yarns. Their products are used in various B2B sectors, including industrial filtration, automotive components, safety equipment, and flame-retardant clothing.
Financial Snapshot
The company has demonstrated consistent growth over the last few fiscal years. Here is a brief look at their recent financial performance:
FY 2024-2025 (Ended March 31, 2025): Revenue of ₹114.97 crore with a Profit After Tax (PAT) of ₹8.51 crore.
FY 2023-2024 (Ended March 31, 2024): Revenue of ₹109.89 crore with a PAT of ₹7.05 crore.
Objectives of the Issue
Capital Expenditure: Approximately ₹24.96 crore to fund new equipment and manufacturing machinery.
Debt Reduction: Approximately ₹25.00 crore for the repayment or pre-payment of existing company borrowings.
General Corporate Purposes: Funding day-to-day operational needs and strategic initiatives.
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