Yajur Fibres IPO to Open for Subscription on January 7, 2026

Kolkata-based Yajur Fibres, which specialises in manufacturing cottonised bast fibres for the textile industry, is set to debut on the capital markets with its maiden initial public offering.  

The company plans to raise ₹120.4 crore through an SME IPO, positioning it among the largest SME fundraises in recent months. 

IPO structure and timeline 

The public issue will open for subscription on January 7 and close on January 9, with a price band fixed at ₹168-174 per share. At the upper end of the band, the company will issue 69.2 lakh equity shares, with the entire offering structured as a fresh issue.  

The allotment is expected to be finalised on January 12, while the shares are scheduled to list on the BSE SME platform on January 14. 

Use of proceeds and expansion plans 

The company plans to deploy ₹11.9 crore from the IPO proceeds to construct a 50,000 sq. ft. shed and install additional production capacity of up to four tonnes per day at its existing manufacturing unit in Jagannathpur, Howrah.  

Another ₹48 crore will be invested in setting up a greenfield facility at Vikram Udyogpuri in Madhya Pradesh for the production of wet-spun linen yarn and blended yarn.  

In addition, ₹36 crore will be used to meet working capital requirements, with the balance allocated towards general corporate purposes. 

Business Profile and Financial performance 

Yajur Fibres, part of the Howrah-based Kankaria Group, operates as a B2B supplier of cottonised bast fibres catering to textile manufacturers.  

The company reported a sharp improvement in financial performance in FY25, with profit rising 173.6% year-on-year to ₹11.7 crore, while revenue grew 67% to ₹140.8 crore.  

For the 8-month period ended November 2025, the company posted a profit of ₹7.1 crore on revenue of ₹69.4 crore.  

Read More: Highness Microelectronics Secures Exchange Approval For IPO! 

Conclusion 

With a fully fresh issue, clear capacity expansion plans and improving profitability, Yajur Fibres’ IPO is aimed at supporting scale-up while strengthening its position in the specialised textile fibre segment. 

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