Yajur Fibres IPO
smelistedAbout the company
Yajur Fibres operates a bast fibre cottonising unit in India and is part of the Kankaria Group, which has over 80 years of experience in the jute industry. Located in Howrah, West Bengal, the company manufactures bast fibres such as flax (linen), jute and hemp. The group acquired cotton and blended yarn operations in 2006, and began commercial production of bast fibres in FY18. It converts long bast fibres into short-staple, cotton-like fibres that can be processed on existing cotton spinning systems and blended with cotton and man-made fibres. The company operates a manufacturing facility spanning approximately 19 acres in the jute hub of West Bengal and has a production capacity of over 300 metric tonnes per month of cottonised fibre, flax yarn and jute yarn. Further, it has benefited from repeat orders over the past 5 years from 159 customers, out of a total customer base of more than 260 customers. Domestic revenue was led by Andhra Pradesh contributing 20.42% , Tamil Nadu contributing 18.82% and West Bengal contributing 12.72% as of Nevember 2025. Exports constituted 12.26% of revenue, across countries such as Turkey, Nepal, Indonesia and Taiwan. Product-wise, cottonised flax contributed 77.81%, flax yarn 11.93%, cottonised jute 5.28%, jute yarn 3.88% and others 1.11% as of November, 2025.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 09 Jan | ₹0 | ₹174 | 0 |
| 08 Jan | ₹0 | ₹174 | -10 |
| 07 Jan | ₹10 | ₹184 | -50 |
| 06 Jan | ₹60 | ₹234 | +60 |
| 05 Jan | ₹0 | ₹174 | 0 |
| 04 Jan | ₹0 | ₹174 | 0 |
| 03 Jan | ₹0 | ₹174 | 0 |
| 02 Jan | ₹0 | ₹174 | 0 |
Strengths
- Manufacturing unit located in a key jute and fibre hub, aiding sourcing and logistics efficiency
- Strong focus on quality control and inspection, supporting long-term client relationships
- Consistent improvement in revenue performance, indicating business scalability
- Established presence in the cottonised bast fibre segment with exposure to flax, jute, and hemp
- Backed by the experienced Kankaria Group, providing industry knowledge and operational stability
Risks
- High dependence on a limited range of fibre products for a major share of revenue
- Exposure to raw material price volatility and cyclical trends in the textile industry
- Execution risks related to business expansion and diversification plans
- Significant reliance on a small number of customers, increasing concentration risk
- SME platform listing may result in lower post-listing liquidity and higher price volatility
- Past financial reporting observations may raise concerns for conservative investors
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed07 Jan 2026Bidding starts for all investor categories
IPO Closes
Completed09 Jan 2026Last day to place your bid
Basis of Allotment
Completed12 Jan 2026Share allotment finalised
Refund Initiation
Completed13 Jan 2026Refunds credited for non-allottees
Credit to Demat
Completed13 Jan 2026Allotted shares credited to demat account
Listing on Exchange
Completed14 Jan 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 800 | ₹139,200 | 1 | ₹139,200 | 1 lot only |
| HNI | 2 | 1600 | ₹278,400 | 2 | ₹278,400 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 3,508,772 | 60 | 0 | 0.00x | 100% |
| NII | 15% | 1,052,632 | 18 | 0 | 0.00x | 100% |
| Retail | 35% | 2,456,140 | 42 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
