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New Delhi: Yajur Fibres IPO, a book build issue of Rs 120.41 crore, is entirely a fresh issue of 69.20 lakh equity shares with a face value of Rs 10 each of Rs 120.41 crore. The SME IPO opened for public subscription on January 7, 2026 and will close on 9th January.
Yajur Fibres IPO price band is set in the range of Rs 168 to Rs 174 per share. The retail investors are required to bid for a minimum lot for which the minimum amount of investment required is Rs 2,78,400 (1,600 shares) (based on upper price). The HNI category applicants are mandated to bid for minimum 3 lots (2,400 shares), amounting to Rs 4,17,600.
As per the latest information, Yajur Fibres IPO was subscribed 0.45 times till 1 pm on January 7. The SME IPO subscribed 0.50 times in the individual investors category, 1.03 times in QIB, and 0.33 times in the NII portion.
In its papers filed with SEBI, the company has said that the net proceeds from the fresh issue will be utilised to expand capacity at the company's existing manufacturing unit at Jagannathpur, district Howrah, as well as for a greenfield linen yarn facility through its subsidiary. The firm will also use the proceeds for working capital requirements and general corporate purposes.
"The net proceeds will strengthen our core operations through capacity expansion at our Howrah facility to meet anticipated demand for the cottonised fibre in forthcoming year, enhance operational efficiency," Ashish Kankaria, MD of Yajur Fibres, said.
As per investorgain, Yajur Fibres IPO latest GMP stood at Rs 60. With the price band of Rs 174, the shares of the company are estimated to be listed at Rs 234 apiece, which indicates a gain of around 35 per cent. Important Note: GMP figures are not official.
Horizon Management Pvt Ltd is the book running lead manager and MAS Services Ltd is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt Ltd.
Hajur Fibres is part of the Kankaria Group. The company posted a revenue of Rs 140.81 crore and profit after tax of Rs 11.67 crore in FY25.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
