Mumbai, Sept. 7 -- The scrip was listed at Rs 140, a 52.17% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 147 and a low of Rs 137. About 31.03 lakh shares of the company changed hands at the counter.

Ashutosh Fibre's IPO was subscribed 124.43 times. The issue opened for bidding on 31 August 2026 and it closed on 2 September 2026. The price band of the IPO was fixed between Rs 87 to Rs 92 per share.

The IPO comprised a fresh issue of 43,81,200 equity shares. The company intends to utilise the net proceeds for capital expenditure requirements towards new equipment and machinery, repayment/pre-payment, in full or in part, of cert...