Yajur Fibres Limited (YFL), a Howrah-based company specializing in processing bast fibres like flax, hemp, and jute, has announced its Initial Public Offering (IPO) on the BSE SME platform. You can track the details of this IPO and others at our IPO calendar page which is updated regularly.
Based in the jute heartland of Howrah, West Bengal, and backed by the 80-year legacy of the Kankaria Group, YFL specialises in the niche process of "cottonising" bast fibres like flax, hemp, and jute.
The subscription will open on January 7, 2026, and close on January 9, 2026. With a price band of ₹168 to ₹174 per share, the 100% fresh issue aims to raise approximately ₹120.41 Crores.
The proceeds are earmarked for capital expenditure, including setting up a new linen yarn manufacturing unit in Ujjain.
In this article, you will find Yajur Fibres IPO GMP today, allotment date, price band, and a detailed review. You can check the day wise subscription status of this and other IPOs at our subscription status hub page.
Briefs of Yajur Fibres IPO Details:
- Price Band: ₹168 – ₹174 per share
- IPO Open / Close Dates: January 7, 2026 – January 9, 2026
- Lot Size: 800 Shares (Note: Retail Minimum Application is 2 Lots / 1,600 Shares)
- Issue Size: 69,20,000 Equity Shares / ~₹120.41 Crores
- Fresh Issue / OFS: 100% Fresh Issue
- Registrar: MAS Services Ltd.
- Listing Exchange: BSE SME
WHAT IS THE Yajur Fibres IPO GMP Today?
You can check the GMP of this and other issues at our GMP hub page.
Note: The Grey Market Premium (GMP) changes daily based on market demand. It is an unofficial indicator and is not regularised by SEBI, NSE, or BSE. Investors should not rely solely on GMP for investment decisions.
Listing Updates:
| Type | Issue Price | Open | Gain/loss |
| Lisiting | 174 | 139.2 | -20.0 |
What Are The Important Yajur Fibres IPO Dates & Allotment Schedule?
For investors planning their capital allocation, here is the critical timeline for the issue:
- IPO Open Date: Wednesday, January 7, 2026
- IPO Close Date: Friday, January 9, 2026
- Basis of Allotment Date: Monday, January 12, 2026
- Refund Initiation Date: Tuesday, January 13, 2026
- Credit of Shares: Tuesday, January 13, 2026
- Listing Date: Wednesday, January 14, 2026
What Are The Objectives of Yajur Fibres IPO?
The company intends to utilize the net proceeds for the following strategic purposes:
- Capital Expenditure (11.92 Crores): To fund the expansion of its existing manufacturing unit in Howrah.
- New Project (Subsidiary) (48 Crores): To invest in its subsidiary, Yashoda Linen Yarn Limited, for setting up a greenfield linen yarn manufacturing unit in Ujjain, Madhya Pradesh.
- Working Capital Requirements (36 Crores): To fund the working capital requirements of the Company
- General Corporate Purposes: The remaining amount will be used to meet ongoing operational contingencies and strengthen the corporate structure.
How is The Financial Performance of Yajur Fibres (YFL)?
The following table summarizes the financial performance of the company based on restated consolidated financial statements.
Particulars (₹ in Crores) | 30 Nov 25 | 31 Mar 25 | 31 Mar 24 | 31 Mar 23 |
Total Income | 69.99 | 141.99 | 84.85 | 61.84 |
Profit After Tax | 7.12 | 11.68 | 4.27 | 3.55 |
EBITDA | 12.31 | 18.85 | 8.01 | 6.68 |
Net Worth | 49.44 | 42.32 | 30.67 | 26.41 |
Reserves and Surplus | 40.56 | 33.44 | 32.91 | 28.65 |
Total Borrowing | 73.59 | 66.18 | 26.17 | 34.78 |
Assets | 161.74 | 140.73 | 77.76 | 82.84 |
Source: RHP
Financial Analysis & Observations:
Total Income:
The company posted a robust Total Income of ₹141.99 Crores in FY25, marking significant growth over FY24 (₹84.85 Crores). The momentum continues in the 8-month period of FY26 with nearly ₹70 Crores, driven by the increasing global adoption of sustainable fibers like linen and hemp.
Profit After Tax (PAT):
There was a massive 173% jump in PAT in FY25 to ₹11.67 Crores. This surge is attributed to economies of scale and better price realization from new product variants introduced in the market.
EBITDA:
Operational efficiency has improved markedly, with EBITDA margins expanding to 17.74% in the period ended November 2025 (up from 9.50% in FY24). This reflects the company's ability to manage raw material costs effectively despite global fluctuations.
Total Borrowing:
The company carries a debt load of ₹73.59 Crores (Nov 2025). This includes loans from promoters and banks to fund the rapid expansion. Investors should monitor how the new Ujjain project impacts leverage ratios.
Assets:
The asset base has more than doubled to ₹161.74 Crores by November 2025. This increase is largely due to inventory buildup (569 days of inventory) to hedge against the seasonality of European flax raw material.
P/E Ratio and Peer Comparison
Based on its Fiscal Year 2025 earnings per share (EPS) of ₹7.41, the IPO is priced at a Price-to-Earnings (P/E) multiple of approximately 23.48x at the upper end of the price band (₹174).
P/E Ratio = ₹174 (Price) / ₹7.41 (Earnings Per Share)
P/E Ratio ≈ 23.48x
Peer Comparison:
According to the RHP, there are no listed companies in India that are comparable in all aspects of business model and scale.With no directly comparable listed peers, the evaluation of Yajur Fibres is based on its standalone financial metrics. The IPO is priced at a P/E multiple of 23.48x, based on FY25 earnings. The company has reported a compound annual growth rate in Profit After Tax (PAT) exceeding 170% over the last two fiscal years.
Industry Outlook
Growth Potential:
The global market for natural fibers is expanding as fashion brands move away from synthetics. Linen and Hemp are gaining popularity as premium, eco-friendly alternatives to cotton.
Market Trends:
YFL's strategic move to manufacture linen yarn (forward integration) captures more value in the supply chain. The proximity to the jute hub in West Bengal provides a logistical advantage for raw material sourcing.
What Are The Strengths and Risks of Yajur Fibres IPO?
Strengths:
- Conglomerate Backing: Part of the Kankaria Group (80+ years experience), providing deep industry networks and stability.
- Sustainability Theme: Products are 100% natural and biodegradable, aligning with ESG investment mandates.
- High RoNW: A Return on Net Worth of 27.59% in FY25 indicates efficient capital deployment.
Risks:
- Regulatory Legacy: A CBI investigation involving a subsidiary subsidy claim of ₹1.02 Crores is currently stayed. Legal outcomes are unpredictable.
- Raw Material Risk: Heavy reliance on European Flax makes the company vulnerable to harvest cycles and geopolitical issues in Europe.
- Customer Concentration: The top 10 customers contribute over 76% of revenue. Loss of key clients could dent the top line.
Key Considerations for Investors
This section is for information purposes only and does not constitute financial advice.
Investors should note the Minimum Investment structure.
- Minimum Application: The lot size is 800 Shares. Based on the data provided, the minimum application for Retail Individual Investors is 2 Lots (1,600 Shares), amounting to ₹2,78,400. Note: This investment amount exceeds the typical ₹2 Lakh retail limit, essentially treating retail applicants as Small-HNI.
- Valuation: At ~23.5x P/E, the pricing factors in the growth potential.
- Risk Profile: While the business is strong, the high inventory levels (569 days) and regulatory overhang are risk factors.
Standard Disclaimer: This article is strictly for educational purposes. Please consult a SEBI-registered investment advisor before making any investment decisions.
Key Takeaways
- IPO Price: ₹174 per share (Upper Band).
- Min Investment: ₹2,78,400 (1,600 Shares).
- Allotment Date: January 12, 2026
- Listing: BSE SME platform on January 14, 2026.
FAQs on Yajur Fibres IPO
What is Yajur Fibres IPO GMP today?
The GMP is a dynamic market sentiment indicator. You can check details at our gmp hub page.
What is Yajur Fibres IPO price band?
The price band is fixed at ₹168 to ₹174 per equity share.
What is Yajur Fibres IPO allotment date?
The allotment status is expected to be finalized on Monday, January 12, 2026.
How to check Yajur Fibres IPO allotment status?
Investors can check the status on the website of MAS Services Ltd. (the Registrar) or via the BSE IPO allotment portal. You can check details of allotment s of all the ipos at our ipo allotment status page.
What is Yajur Fibres IPO listing date?
The shares are tentatively scheduled to list on Wednesday, January 14, 2026.
Investment Perspective on Yajur Fibres IPO
Yajur Fibres offers a unique entry into the sustainable textile space with strong backing from the Kankaria Group. The financial growth is impressive, but the high ticket size for retail investors and legacy legal issues suggest this is a play for those with a higher risk appetite.
Disclaimer: IPO investments are subject to market risks. Please read the offer documents carefully before investing.
