| The initial public offer (IPO) of Yajur Fibres received bids for 60,61,600 shares as against 69,20,000 shares on offer, as per BSE data as of 17:00 hours on Wednesday (07 January 2026). The issue was subscribed 0.88 times.
The issue opened for bidding on Wednesday (07 January 2026) and it will close on Friday (09 January 2026). The price band of the IPO was fixed between Rs 168 to Rs 174 per share. The minimum order quantity is 800 equity shares. The equity shares will list on BSE’s SME platform.
The IPO comprises a fresh issue of 69,20,000 equity shares. The promoter and promoter group shareholding will dilute to 69.49% from 100% pre-issue.
About 3,46,400 equity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 65,73,600 equity shares. The issue and the net issue will constitute 30.51% and 28.98% respectively of the post issue paid up equity share capital of the company.
The company intends to utilise the net proceeds for setting up a 50,000 sq. ft. shed at its existing manufacturing unit and installing additional production capacity of 4 tonnes per day (hereinafter referred to as the Capex) at its manufacturing facility located at Jagannathpur, Phuleshwar, Uluberia, District Howrah; investment in its subsidiary, Yashodha Linen Yarn, for setting up a greenfield unit at Vikram Udyogpuri, DMIC Industrial Park, Ujjain, Madhya Pradesh, for the production of 100% wet-spun linen yarn and blended yarn (hereinafter referred to as the Project); funding the company’s working capital requirements; and general corporate purposes.
Yajur Fibres operates a bast fibre cottonising unit in India. Situated in Howrah, the company is part of the well-recognised Kankaria Group, which has over 80 years of experience in the jute industry. The company specialises in producing premium cottonised bast fibres, including flax (linen), jute, and hemp. Yajur Fibres acquired an 80% stake in Yashoda Linen Yarn on 30 January 2025, making it a subsidiary of the company. Currently, the subsidiary is engaged in the trading of linen fibre and proposes to set up a greenfield manufacturing unit for 100% wet-spun linen yarn and blended yarn at Ujjain, Madhya Pradesh, as part of its forward integration strategy. As of 30 November 2025, the company had 409 employees on its payroll.sss
The company recorded revenue from operations of Rs 69.41 crore and net profit of Rs 7.12 crore for the period ended 30 November 2025.
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