Yajur Fibres IPO
Yajur Fibres IPO is an SME issue of a linen and blended yarn manufacturer, opening for subscription on January 7, 2026 and closing on January 9, 2026, with listing scheduled on January 14, 2026. The company is scaling aggressively in linen yarn and fabric, backed by strong recent financial growth and a sizeable capex–led expansion plan across West Bengal and Madhya Pradesh.
Yajur Fibres IPO overview
Yajur Fibres Limited is engaged in manufacturing and trading linen and other specialty yarns and fabrics, focusing on dyeing, bleaching and processing at its existing unit in Jagannathpur, Phuleshwar, Uluberia, Howrah. The company plans to expand capacity and backward integration through both brownfield and greenfield projects.
Key IPO details
-
IPO open date: January 7, 2026
- IPO close date: January 9, 2026
- Basis of allotment: January 12, 2026
- Refunds & credit to Demat: January 13, 2026
- Listing date: January 14, 2026
- IPO bidding cut‑off time: January 9, 2026 – 5 PM.
- Price Band :- Rs 168 to Rs 174
- Total issue size :- Rs 120 Crore
Market lot and investor reservation
-
Minimum market lot: 1,600 shares
- Retail minimum & maximum: 1 lot (1,600 shares) – application amount ₹2,78,400.
- S‑HNI: 2,400–5,600 shares; B‑HNI from 6,400 shares upwards.
Reservation structure:
-
QIB (ex‑anchor): 65,600 shares (0.95%)
- NII: 19,52,000 shares (28.21%)
- Retail: 45,56,000 shares (65.84%)
Promoters are Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Ltd and Gold View Financial Services Ltd; promoter holding moves from 100% pre‑issue (1,57,62,873 shares) to 69.49% post‑issue (2,26,82,873 shares).
Objective of the issue
-
Setting up 50,000 sq.ft shed and adding dyeing & bleaching machinery to increase capacity by 4 TPD at the existing Jagannathpur, Uluberia unit – ₹11.93 crore.
- Investment in subsidiary Yashodha Linen Yarn Ltd for a greenfield 100% wet‑spun linen and blended yarn unit at Vikram Udyogpuri, DMIC industrial park, Ujjain, Madhya Pradesh – ₹48.00 crore.
- Funding working capital requirements – ₹36.00 crore.
- General corporate purposes.
Financials and valuation snapshot
Yajur Fibres has delivered strong growth in revenue and profit over the last three years.
|
Period Ended |
30 Nov 2025 |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
161.74 |
140.73 |
77.76 |
82.84 |
|
|
69.99 |
141.99 |
84.85 |
61.84 |
|
|
7.12 |
11.68 |
4.27 |
3.55 |
|
|
12.31 |
18.85 |
8.01 |
6.68 |
|
|
49.44 |
42.32 |
30.67 |
26.41 |
|
|
40.56 |
33.44 |
32.91 |
28.65 |
|
|
73.59 |
66.18 |
26.17 |
34.78 |
|
|
Amount in ₹ Crore |
||||
Key FY25 metrics:
- ROE: 26.92%
- ROCE: 17.14%
- EBITDA margin: 13.39%
- PAT margin: 8.29%
- Debt‑equity ratio: 1.31
- EPS (basic): ₹7.41
- RoNW: 27.59%
- NAV: ₹26.85 per share.
No directly comparable listed peers exist in India in the same specialized linen segment as per the disclosure.
Strengths
- Established presence in linen and blended yarns with integrated processing.
- Strong revenue growth from ₹61.84 crore (FY23) to ₹141.99 crore (FY25).!
- Improving profitability with FY25 PAT of ₹11.68 crore and PAT margin of 8.29%.
- Attractive return ratios – ROE 26.92% and RoNW 27.59% in FY25.
- Expansion plans in both existing West Bengal unit and new greenfield MP unit.
- Significant promoter skin in the game with 69.49% post‑issue shareholding.
- High retail allocation at 65.84% of the issue.
Risks
- SME IPO with relatively small scale vs. mainstream textile majors.
- Project execution risk in greenfield Ujjain unit and brownfield expansion.
- High leverage with debt‑equity ratio of 1.31 in FY25.
- Working‑capital intensive textile business exposed to input‑cost volatility.
- Cyclical demand in textile and fashion export markets.
- Concentration risk in linen yarn niche with no listed peers for easy benchmarking.
- High minimum retail application size (₹2,78,400) increases ticket‑size risk.
How To Apply for the IPO ?
- Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of IPO?
Steps to check IPO allotment status on JM Pro app:
- Log in to the JM Pro app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
JM Financial Services will notify you of your IPO allotment status via push notification and email






