Yajur Fibres IPO

Yajur Fibres IPO is a book-built issue worth ₹120.41 crore. The IPO consists entirely of a fresh issue of 69.20 lakh equity shares, with no offer for sale component. The IPO opens for subscription on January 7, 2026, and closes on January 9, 2026. The allotment is expected to be finalised on January 12, 2026, with tentative listing on BSE SME scheduled for January 14, 2026.

The IPO is priced in a band of ₹168 – ₹174 per share. Retail investors must apply for a minimum of 2 lots comprising 1,600 shares, requiring an investment of ₹2,78,400 at the upper end of the price band. HNI investors must apply for a minimum of 3 lots (2,400 shares), amounting to ₹4,17,600.

Horizon Management Private Limited is the book-running lead manager to the issue, while MAS Services Limited is the registrar. Giriraj Stock Broking Private Limited has been appointed as the market maker for the IPO.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Yajur Fibres IPO Red Herring Prospectus (RHP).

Industry Outlook

1. India’s bast fibre industry, covering flax, jute, hemp, and ramie, is gaining momentum due to rising global demand for sustainable, durable, and biodegradable textile materials across apparel, home textiles, and technical uses.
2. Domestic growth is supported by increasing preference for linen and blended fabrics, driven by lifestyle changes, premium fashion trends, and India’s strong base as a major jute producer alongside rising flax imports from Europe.
3. Government initiatives focused on promoting natural fibres and sustainability are further strengthening the sector’s long-term growth outlook.
4. Competitive intensity is increasing as established players diversify into cottonised bast fibres and invest in advanced processing and forward integration, while export demand from markets such as Turkey, Bangladesh, and Europe remains robust.

Yajur Fibres IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Expand production capacity at the existing manufacturing unit in Howrah, West Bengal, by constructing a 50,000 sq. ft. shed and installing additional machinery to achieve incremental output of 4 tonnes per day and improve operational efficiency.
2. Invest in the subsidiary, Yashoda Linen Yarn Limited, to set up a greenfield manufacturing facility at Vikram Udyogpuri, Ujjain, Madhya Pradesh, focused on producing 100% wet-spun linen yarn and blended yarn for forward integration and entry into premium textile segments.
3. Meet working capital requirements to support business expansion, ensure timely procurement of raw materials, and maintain smooth operations across domestic and export markets.
4. Utilise a portion of the proceeds for general corporate purposes, including administrative expenses, brand-building initiatives, and strategic activities to strengthen market presence and long-term sustainability.

About Yajur Fibres Limited

Yajur Fibres Limited was originally incorporated as Shineup Investments Limited on August 7, 1980 under the Companies Act, 1956. It subsequently underwent several name changes, becoming Shineup Fibres Limited in June 1991, Ambica Capital Ventures Limited in April 2008, and finally adopting its current name, Yajur Fibres Limited, on March 11, 2021.

The company operates in the bast fibre segment, specialising in the production of premium cottonised fibres such as flax (linen), jute, and hemp. With its manufacturing unit located in Howrah, West Bengal, Yajur Fibres leverages advanced processing techniques to deliver high-quality fibres for diverse applications, including apparel, home textiles, automotive, and technical fabrics.

Part of the well-established Kankaria Group, which has over eight decades of experience in the jute industry, Yajur Fibres has expanded its capabilities through strategic acquisitions and integration. In January 2025, it acquired an 80% stake in Yashoda Linen Yarn Limited, a subsidiary focused on trading linen fibre and developing a greenfield facility for wet-spun linen yarn and blended yarn at Ujjain, Madhya Pradesh.

The company’s growth strategy centres on forward integration, capacity expansion, and tapping into export markets such as Turkey, Bangladesh, and Europe. By combining sustainability with innovation, Yajur Fibres aims to strengthen its position in the global bast fibre industry and cater to the rising demand for eco-friendly textile solutions.

How To Check the Allotment Status of the Yajur Fibres IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Yajur Fibres IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Yajur Fibres IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Yajur Fibres IPO

Registered Office: 5, Middleton Street, Kolkata – 700071, West Bengal, India.

Phone: +91 33 2283 5028 / 5029

E-mail:investors@yajurfibres.com

Strengths and Opportunities of Yajur Fibres IPO

1. Backed by the Kankaria Group with over 80 years of experience in the jute industry.
2. Specialisation in premium cottonised bast fibres such as flax (linen), jute, and hemp.
3. Established manufacturing unit in Howrah with plans for capacity expansion.
4. Strong promoter holding of 69.49% post-issue, ensuring stability and commitment.
5. Rising global demand for sustainable and eco-friendly fibres.
6. Forward integration into wet-spun linen yarn and blended yarn manufacturing.
7. Export potential to markets like Turkey, Bangladesh, and Europe.
8. Government initiatives promoting natural fibres and sustainability in textiles.

Risks and Threats of Yajur Fibres IPO

1. Pending CBI investigation and related litigation over alleged wrongful subsidy disbursement.
2. Heavy reliance on cottonised flax, contributing over 75% of revenue, creating product concentration risk.
3. Significant dependence on top customers; top 10 account for more than 65% of revenue.
4. Raw material sourcing risk due to reliance on imported flax and absence of long-term supplier contracts.
5. Seasonal availability of flax may disrupt production and impact capacity utilisation.
6. Outstanding tax and regulatory litigations involving the company and promoters.
7. Proposed greenfield project may face delays, cost overruns, or approval challenges.
8. Negative cash flows in previous years and high working capital requirements could strain liquidity.