Yajur Fibres IPO

About Yajur Fibres IPO

The IPO of Yajur Fibres comprises a fresh issue of up to 69,20,000 equity shares. It has no offer for sale. The total offer size is up to ₹120 crores. It’s a 100% book-built issue. The price band is ₹168 to ₹174 per share.

Yajur Fibres IPO opens on January 7, 2026 and closes on January 9, 2026. The allotment of shares will take place on January 12, 2026. The credit of shares to the Demat account will take place on January 13, 2026. The initiation of refunds will take place on January 13, 2026.

The listing of shares will take place on January 14, 2026. The lot size of shares in the IPO is 800. The minimum investment amount required by a retail investor is ₹2,78,400 based on the upper price. The minimum lot size for retail investors is 2 (1600 shares).

Yajur Fibres operates a bast fibre cottonising unit in India. Situated in Howrah, the company is a part of the well-recognised conglomerate, The Kankaria Group. The group has rich experience of over 80 years in the jute industry.

Objectives of Yajur Fibres IPO

The company proposes to utilise the IPO proceeds for:

• Setting up of 50,000 sq.ft. of shed in the existing manufacturing unit and installation of additional production capacity of up to 4 tons per day (hereinafter referred as the “Capex”) at its existing manufacturing unit at Jagannathpur, Phuleshwar
  
• Investment in its subsidiary Yashodha Linen Yarn for setting up a greenfield unit at Vikram Udyogpuri, DMIC (Industrial Park, Ujjain, Madhya Pradesh) for 100% wet spun linen yarn and blended yarn
  
• Funding of working capital requirement
  
• General corporate purposes
  

Industry Outlook

The bast fibres industry in India plays a pivotal role in the textile and agricultural sectors. Bast fibres, derived from the inner bark of plants, are known for their strength, durability, and versatility. The most common bast fibres in India are jute and hemp, with jute being the most significant.

The future of the bast fibre industry in India is positive, with projections for growth in hemp and flax cultivation due to their increasing use in sustainable products. The market for bast fibre-based composites and textiles is likely to grow as industries adopt more sustainable and biodegradable materials.

By 2030, the global market for bast fibres (across textiles, composites, and biodegradable plastics) is expected to reach $12-15 billion USD, and India, with its strong agricultural base and expanding industrial capacity, stands to capture a large portion of this growth. The bast fibre industry is experiencing some exciting innovations, especially in areas such as processing techniques and new product development.

Yajur Fibres Company Information

Yajur Fibres operates a bast fibre cottonising unit in India. Situated in Howrah, the company is a part of the well-recognised conglomerate, The Kankaria Group. The group has rich experience of over 80 years in the jute industry.

The group, in the year 2006, acquired the manufacturing operations of cotton and cotton blended yarns into Yajur Bast Fibres. The company specialises in producing premium cottonised bast fibres, including flax (linen), jute, and hemp.

Strengths of Yajur Fibres

• One of the prominent manufacturers of premium cottonised bast fibre
• Geographical presence
• Quality assurance and quality control of products
• Strong, cordial and long-term relationship with customers
• Cost effective production and timely fulfilment of orders
• Well experienced management team

Risks of Yajur Fibres

• Loss of sales due to reduction in demand for cottonised flax would have a material adverse effect on business
• Expansion into new product categories and an increase in the number of products offered may expose the company to new challenges and more risks
• Dependence on a few customers of products for a significant portion of revenue
• Sustained negative cash flow could impact growth and business
• Significant reduction in the repeat orders received could adversely affect business

Peer Comparison

There are no listed companies in India that are comparable in all aspects of business and products that the company offers. Accordingly, it is not possible to provide an industry comparison in relation to the company.

Anchor Investor Bidding Date NA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: MAS Services
• Book Running Lead Manager: Horizon Management

Yajur Fibres Business Model

Yajur Fibres specialises in producing premium cottonised bast fibres, including flax (linen), jute, and hemp. It cottonises long & brittle bast fibres into cotton like short staple fibre such that the cottonised fibres can easily blend up to 55% with cotton and man-made fibres.

Yajur Fibres Company Growth Trajectory

The revenue from operations of Yajur Fibres grew from ₹61.6755 crores in FY 23 to ₹140.8076 crores in FY 25. The company’s EBITDA margin increased from 10.83% in FY 23 to 13.39% in FY 25, while its PAT margin increased from 5.76% in FY 23 to 8.29% in FY 25. Quality assurance and quality control of products have helped the company grow over the years.

Yajur Fibres Market Position

Yajur Fibres is known for its extensive experience and innovation in bast fibres, which has made it the preferred choice for many top spinning and weaving mills in India, Turkey, Indonesia, Nepal and Bangladesh. Its products are being processed and manufactured in accordance with best practices available globally.

How to Apply for the Yajur Fibres IPO?

To apply for this IPO:

• Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.