Yajur Fibres IPO Day 3: Check subscription status, allotment date and steps

Yajur Fibres IPO: The initial public offering of premium cottonised bast fibre maker Yajur Fibres has been subscribed 1.29 times so far on Friday, January 9, the final day of bidding.

It has received bids for 89,48,800 shares as against 81,20,000 shares on offer, according to the BSE data until 3:03 pm.

The initial share sale is a fresh issue of 69.20 lakh shares aggregating to ₹120.41 crore without an offer for sale component.

The objectives of the issue are to expand the capacity of the existing manufacturing unit at Howrah's Jagannathpur, invest in a subsidiary to set up a greenfield linen yarn facility, cover working capital requirements and general corporate purposes.

The price band has been fixed at ₹168 to ₹174 per share. The lot size is 800 shares. The minimum investment for an individual investor is 1,600 shares.

Yajur Fibres, which is part of the Kankaria Group, processes and manufactures bast fibres such as flax, jute, and hemp.

Yajur Fibres IPO allotment and listing dates

The Yajur Fibres IPO allotment status is expected to be finalised on Monday, January 12. The listing on the BSE SME platform will occur on January 14.

How to check Yajur Fibres IPO allotment status on BSE

• Open this page on your browser: https://bseindia.com/investors/appli_check.aspx
• 'Equity' should be kept as the issue type
• Pick ‘Yajur Fibres Limited’ from ‘Issue Name’ list
• Add IPO application number or PAN (Permanent Account Number) details
• Click on the 'Search' button

Steps to check Yajur Fibres IPO allotment status on Mas Services

• Visit the IPO allotment page of Mas Services: https://www.masserv.com/opt.asp
• Look out for 'Yajur Fibres Limited Allotment Status'
• Enter PAN or Dp_id/Client id
• Click on the 'Search' button

Yajur Fibres IPO GMP

According to media reports and investorgain.com, Yajur Fibres' unlisted shares are trading at ₹174, reflecting a grey market premium of 0% against the issue price of ₹174.