Yajur Fibres IPO allotment: How to check status online on BSE, Mas Services; listing date, time here

Yajur Fibres IPO allotment: The basis of allotment of Yajur Fibres is expected to be finalised on Monday, January 12. The details regarding bid finalisation will be available on the BSE and Mas Services websites.

The initial share sale was subscribed 1.31 times, with bids for 90,89,600 shares as against 69,20,000 shares on offer, according to the BSE data.

The ₹120.41 crore IPO, with a price band of ₹168 to ₹174 per share, was completely a fresh issuance of 69,20,000 shares. There was no offer for sale (OFS) component.

The net proceeds from the issue will be utilised for the following objectives:

• Setting up of 50,000 square feet of shed in the existing manufacturing plant and installation of additional production capacity
• Investment in subsidiary Yashodha Linen Yarn for establishing a greenfield unit
• Working capital needs
• Corporate general 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 the forthcoming year and enhance operational efficiency," Ashish Kankaria, MD of Yajur Fibres, said.

Yajur Fibres is into the processing and manufacturing of bast fibres like jute, flax and hemp.

Yajur Fibres IPO allotment date and time

Yajur Fibres IPO allotment status is likely to be finalised on Monday, January 12, by late evening.

How to check Yajur Fibres IPO allotment status on BSE

• Open IPO status page of BSE: https://bseindia.com/investors/appli_check.aspx
• Select 'Equity' as the issue type
• Pick ‘Yajur Fibres Ltd’ from issue names
• Mention either your PAN or IPO application number
• Hit the ‘Search’ button

Yajur Fibres IPO allotment status online on Mas Services; full steps

• Visit the registrar's IPO allotment page: https://www.masserv.com/opt.asp
• Select 'Yajur Fibres Limited Allotment Status'
• Enter as PAN or Dp_id/Client id
• Click on the 'Search' button

Yajur Fibres IPO listing date and time

Shares of Yajur Fibres will be listed on the BSE SME platform on Wednesday, January 14.