Yajur Fibres IPO to hit on January 7, price band at Rs 168-174 per share

Yajur Fibres IPO News

• Yajur Fibres IPO | The subscription for the public issue will remain open till January 9.

Did our AI summary help?

Kolkata-based Yajur Fibres, specialises in producing cottonised bast fibres, will open its maiden public issue for subscription on January 7, with price band of Rs 168-174 per share.

The company approached capital markets to raise Rs 120.4 crore via Initial Public Offering (IPO) of 69.2 lakh shares at the upper price band. The offer consists of entirely fresh issue component.

This is the largest SME IPO in terms of fund raising size in last more than three months period. True Colors was the last big IPO worth Rs 128 crore than Yajur Fibres IPO.

The subscription for the public issue will remain open till January 9. The company will finalise IPO share allotment by January 12, while its shares will be available for trading on the BSE SME effective January 14.

Yajur Fibres IPO, a part of the Howrah-based conglomerate The Kankaria Group, will spend Rs 11.9 crore of IPO proceeds for setting up of 50,000 sq.ft. of shed and installation of additional production capacity of upto 4 tons per day at existing manufacturing unit at Jagannathpur, Howrah.

Click Here To Read All IPO News

Further, Rs 48 crore will be used for setting up a greenfield unit at Vikram Udyogpuri, DMIC, Madhya Pradesh for 100% wet spun linen yarn and blended yarn, Rs 36 crore for working capital requirements, and the remainder funds for general corporate purposes.

On the financial front, Yajur Fibres IPO has reported profit of Rs 11.7 crore for the fiscal 2025, increasing sharply by 173.6 percent compared to Rs 4.3 crore in previous year. Revenue in the same period grew by 67 percent to Rs 140.8 crore, up from Rs 84.3 crore.

Profit in eight months period ended November 2025 stood at Rs 7.1 crore on revenue of Rs 69.4 crore.

Horizon Management is acting as the merchant banker for the Yajur Fibres IPO.