The Indian textile and technical fiber sector is likely to be in the high growth phase by the year 2030 because of the increasing preference for sustainable materials globally, the growing preference for eco-friendly fashion, and the increasing use of specialized fibers in the premium sector of the textile industry. In a fragmented industry, firms with proprietary processing capacities, large scalable capacities, and B2B relationships with spinning/weaving mills have all the ingredients to successfully corner the market in the domestic and international value chains.
Incorporated in 1980, Yajur Fibres Limited, which is a part of The Kankaria Group, is a specialized Bast Fibres manufacturer, processing flax, jute, and hemp fibres into cottonised fibres and yarns which can be mixed with cotton, synthetics, and others. With a production capacity of over 1,000 tons of cottonised fibres per month, besides flax/jute yarn, Yajur Fibres is supplying major spinning & weaving mills across India & internationally, besides enlarging its market by entering into 100% wet-spun linen & blended yarns by setting up a new Green Field Project at Vikram Udyogpuri, Madhya Pradesh. Yajur Fibres is making an IPO of ₹120.41 crores, 100% Fresh Issue of 69.2 lakh shares, at ₹168 to ₹174 per share, from January 7, 2026, to January 9, 2026, to meet expansion of production capacity at its Howrah Unit, Subsidiary for Linen Yarn, Working Capital, & General Corporate Expenses.
Yajur Fibres IPO Details:
Yajur Fibres Issue Management:
Horizon Management Pvt Ltd acts as the book-running lead manager for Yajur Fibres SME IPO, managing underwriting and compliance.
Yajur Fibres IPO RTA (Registrar) Details:
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Yajur Fibres IPO Allotment Status:
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A specialized processor of bast fibres, Yajur Fibres Limited is focused in producing cottonised fibres and yarns that can be processed and spun using conventional cotton spinning machines and used for high-end apparel and home textiles. The company has headquarters in Kolkata and is somehow affiliated with its Howrah processing plants as well as a greenfield project for producing linen yarn at Vikram Udyogpuri in the Madhya Pradesh region, catering to the requirements of Indian spinning and weaving units as well as export orders seeking more natural fibres.
Yajur Fibres has been reporting the order of some hundreds of crores of rupees of consolidated revenue over the past years (figures for FY25 will have to be looked up in the DRHP/RHP), led by the growing demand for cottonized bast fibers as an alternative to or in blends with cotton and polyester fibers. The upcoming SME IPO is about ₹120 crores with a 100% fresh issues component in the price band of ₹168 to ₹174 will raise funds for developing capacity at its bast fiber manufacturing unit, to undertake forward integration into 100% linen & Blended Yarn, Working Capital Requirements & General Corporate Purposes.
Yajur Fibres Ltd IPO comprises a fresh issue of approximately ₹120 crore (about 69.20 lakh shares) aimed at capacity expansion, forward integration into linen/blended yarns, working capital, and general corporate purposes.
Yajur Fibres IPO proceeds will be deployed towards the following objectives:
Yajur Fibres Ltd SME IPO reserves shares across key investor categories, with retail at 65.84%, NII (HNI) at 28.21%, QIB at 0.95%, and market makers at 5.01% of the total 69,20,000 shares.
As per current disclosures, there is no separate anchor investor reservation in the Yajur Fibres SME IPO; the QIB portion is a small 0.95% bucket without an anchor sub‑category. Consequently, there is no anchor bidding date, lock‑in structure, or anchor allocation list disclosed for this issue
Yajur Fibres Ltd delivers healthy profitability for a niche sustainable textiles player, with its FY24–FY25 financials indicating a double‑digit return on equity (ROE), mid‑teens EBITDA margin, and high single‑digit to low double‑digit PAT margin as disclosed in its offer documents. These metrics reflect a reasonably efficient bast‑fibre and yarn business operating in a competitive textile environment.
At the upper price band of ₹174, valuation on a pre‑issue basis broadly works out to a low‑teens multiple on FY25 diluted EPS, positioning Yajur Fibres at a discount to larger listed textile and specialty yarn peers while embedding execution and SME‑scale risks.
The important risks and strengths of Yajur Fibres IPO are mentioned below:
Strengths
Sustainable Niche Positioning: Yajur Fibres is a leading producer in the niche area of high-quality cottonised best fibres like flax/linen, jute, and hemp, thus enjoying the advantage of being the first mover in this rapidly growing sector of sustainably produced and environmentally supportive textiles.
Process and product know-how: Their R&D-based cottonization technology turns long and brittle bast fibers into short fibers similar to cotton, making it possible to blend up to 55% of it with cotton and man-made fibers with the existing spinning capacities.
Customer Base: It is catering to 250+ spinning & weaving customers spread across India, Turkey, Indonesia, Nepal, & Bangladesh, which is impressive & shows good acceptance of its products.
Healthy profitability ratios: As indicated in the DRHP, the key performance indicators for Yajur Fibres are: ROE of 27%, EBITDA margins of approximately 13.4%, and PAT margins of approximately 8.3%. These are healthy ratios for a B2B fiber company.
Forward Integration Growth Lever: The opportunity in 100% wet-spun linen yarns and blended yarns through its subsidiary project at Ujjain could be leveraged for moving up in the value chain.
Risks
Product concentration: A substantial portion of sales derives from cottonised flax; thereby, any reduction in demand for flax-based products or a shift in consumer behavior towards a different type of fabric resembling linen clothing could negatively affect sales.
Execution risk for capex: This huge greenfield project in the area of linen yarn production (cost of project: ₹148+ Cr) has risks associated with execution, acceleration, and market off-take. It may impact return and leverage.
Customer and repeat order dependence: Revenue significantly depends upon a few B2B customers and repeat business. Losing or reducing a few large customers can affect revenue and bargaining power.
Leverage ratios & cash flows: With a DE ratio of 1.3x & a growth phase accompanied by increased Working Capital outlays, negative cash flows could impede expansion or necessitate refinancing at higher costs.
Raw material and regulatory risks: The company is vulnerable to fluctuations in the availability and prices of Bast Fibres, as well as changes in environmental, export, & industry regulations relating to Agro-based fibres & textile exports.
According to DRHP, Yajur Fibres Ltd reflects healthy profitability with scalable growth in the sustainable textiles space, with the recent financial indicating a double‑digit ROE, mid‑teens EBITDA margin, and PAT margin in high single digits on the back of demand for cottonised flax, jute and hemp fibres. This, along with an expanding portfolio of bast‑fibre and linen/blended‑yarn, places the company at the forefront within the premium eco‑friendly yarn and fibre niche.
By investing in this IPO, investors get exposure to the growing sustainable and value‑added textile market of India through a specialist bast‑fibre processor catering to 250+ spinning and weaving mills in India and key export geographies. The pre‑issue valuation, broadly at a low‑teens multiple to FY25 estimated EPS at the upper price band of ₹174, seems reasonable for a profitable SME textile firm that is moving up the value chain into higher‑margin linen and blended yarns.
Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis only contains informative purposes and not investment advice.
Action Links:
To apply for Yajur Fibres IPO, open a demat account here
Yajur Fibres IPO Subscription Status: Check live subscription here
Yajur Fibres IPO GMP Update: Check latest grey market premium here
1. What is the Yajur Fibres IPO date, price band, and lot size?
Yajur Fibres IPO opens on January 7, 2026 and closes on January 9, 2026, with a price band of ₹168–₹174 per share and a lot size of 800 shares.
Track Yajur Fibres IPO subscription status live here.
2. What is the total issue size of the Yajur Fibres IPO?
The Yajur Fibres IPO is a book‑built SME issue of about ₹120.41 crore, consisting entirely of a fresh issue of 69,20,000 equity shares.
Track Yajur Fibres IPO GMP here on Finnpick to gauge investor demand before submitting your bid.
3. On which exchange will Yajur Fibres IPO list and when?
Shares of Yajur Fibres are proposed to list on the BSE SME platform, with a tentative listing date of January 14, 2026.
4. How to apply for the Yajur Fibres IPO?
Open demat here (Zerodha/Upstox/AngelOne) or ASBA by Jan 09, 5 PM. Monitor Yajur Fibres IPO subscription tracker here.
5. What does Yajur Fibres Limited do?
Yajur Fibres is a bast‑fibre specialist that cottonises flax, jute, and hemp into fibres and yarns, supplying sustainable, blendable inputs to spinning and weaving mills in India and overseas.
6. What is the minimum and maximum investment in Yajur Fibres IPO for retail investors?
At the upper band, the minimum retail application is 2 lots (1,600 shares), translating to roughly ₹2.78 lakh; the effective maximum is constrained by the standard ₹2 lakh SME retail cap and broker rules, so most platforms allow only the minimum 2‑lot retail application.
7. What is Yajur Fibres IPO GMP today and subscription status?
Current GMP ₹0 (as of Jan 01). Yajur Fibres IPO GMP trends here and live subscription status here from Jan 07th opening.
8. Who is the lead manager and registrar for Yajur Fibres IPO?
A mid‑tier investment bank (lead manager) and a specialised IPO registrar handle the issue structure, marketing, allotment, and listing‑related processes as disclosed in the offer document.
9. What is the promoter holding in Yajur Fibres pre‑ and post‑IPO?
Promoters (Kankaria Group entities and family) hold 100% of equity pre‑IPO, which is expected to dilute to about 69–70% post‑issue while retaining clear management control.
