Yajur Fibres IPO Day 1: Check live subscription status, price band, lot size, key dates and more

Yajur Fibres IPO: Premium cottonised bast fibres manufacturer Yajur Fibres' initial public offering opened for subscription on Wednesday, January 7. The issue, which has a fixed price band at ₹168 to ₹174 per share, will end on January 9.

The company seeks to raise ₹120.41 crore solely via a fresh issuance of 69,20,000 shares. There is no offer for sale (OFS) component.

The net proceeds will be utilised for the following objects:

• Setting up of 50,000 square feet of shed in the existing manufacturing facility and installation of additional production capacity at the existing manufacturing unit.
• Investment in an arm, Yashodha Linen Yarn Limited, for establishing a greenfield unit.
• Working capital needs
• 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.

Yajur Fibres IPO Day 1: Subscription status

Yajur Fibres IPO: Lot size

A lot consists of 800 shares. The minimum investment for an individual investor is 1,600 shares and in multiples thereof.

The basis of allotment is expected to be finalised on January 12. The company's equity shares are proposed to be listed on the SME platform of the BSE, with a tentative listing date set as January 14, 2026.

Yajur Fibres processes and manufactures bast fibres like jute, flax and hemp. It cottonises long, brittle bast fibres into short, cotton-like fibres that blend easily with cotton and man-made fibres. The company’s manufacturing unit is situated in West Bengal.

Yajur Fibres IPO GMP

According to media reports and investorgain.com, Yajur Fibres' unlisted shares are trading at ₹234, reflecting a grey market premium of 34.48% over the upper price band of ₹174.