Yajur Fibres Ltd

Yajur Fibres IPO

Yajur Fibres Ltd

₹2,68,800 /1600 sharesMinimum investment

IPO listing details

Listed on
14 Jan '26
Issue price
₹174.00
Listing price
₹139.20
Listing gains
-₹34.80 (20.00%)
Exchange
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IPO details

Minimum investment
₹2,68,800
Price range
₹168 - ₹174
Lot size
800
Issue size
120.41 Cr
Face value
10
IPO document

Subscription rate

Qualified Institutional Buyers1.02x
Non-Institutional Investor0.93x
Retail Individual Investor1.51x
Total1.31x
As of 09 Jan'26, 05:01 PM

Schedule

7 Jan 2026
IPO open date
9 Jan 2026
IPO close date
12 Jan 2026
Allotment date
12 Jan 2026
Funds unblock or debit
14 Jan 2026
Tentative listing date

About

Yajur Fibres Limited is a manufacturer of cottonised bast fibres in India. The company produces cottonised flax (linen), jute, and hemp fibres by converting long bast fibres into short-staple fibres that can be blended with cotton and man-made fibres using conventional cotton spinning systems. Its products are used by spinning and weaving mills for producing blended yarns and fabrics. The company operates a bast fibre cottonising unit in Howrah, West Bengal, and is part of the Kankaria Group, which has longstanding experience in the jute industry. Following the amalgamation of Yajur Bast Fibres Limited in 2023, the company consolidated its manufacturing and fibre development operations. Its manufacturing capacity includes cottonised fibres, flax yarn, and jute yarn, with an installed capacity of over 300 metric tonnes per month. The manufacturing facility is situated at Howrah, West Bengal, spread over about 19 acres. The plant is equipped with certified systems and in-house quality testing facilities to support production and quality control.;
Founded in
1980
MD/CEO
Mr Ashish Kankaria
Parent organisation
Yajur Fibres Ltd

Yajur Fibres Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
61.6784.32141202320242025

Strengths & Risks

Strengths
Risks
The company claims to be a prominent manufacturer of premium cottonised bast fibres, including flax (linen), jute, and hemp, supplying to customers in both domestic and overseas markets. It states that its experience in the bast fibre segment and its established manufacturing processes support the production of fibres suitable for blending with cotton and man-made fibres in conventional spinning systems.
The company claims to benefit from its manufacturing facility being located in Howrah, West Bengal, a major jute-producing region. It states that proximity to raw material sources and the availability of skilled and semi-skilled labour in the region help manage production costs and support consistent manufacturing operations.
The company is ISO 9001:2015 certified for quality management systems, ISO 14001 certified for environmental management systems, and ISO 45001 certified for occupational health and safety management systems. In addition, it holds OEKO-TEX® certification, which confirms compliance with textile safety and harmful substance standards, and European Flax® certification, which validates the traceability and sustainable sourcing of flax fibres.
The company claims to follow cost-effective production practices supported by sourcing of raw materials, quality control mechanisms, stable labour relations, and an established production system. It states that these factors enable it to fulfil orders on time and handle large or varied order requirements within its existing manufacturing setup.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 61.67 crore in FY23 to Rs 84.32 crore in FY24 to Rs 140.81 crore in FY25, while PAT increased from Rs 3.55 crore in FY23 to Rs 4.27 crore in FY24 to Rs 11.67 crore in FY25.
The company derives a substantial portion of its revenue from the sale of cottonised flax. Revenue from this segment amounted to Rs 54.01 crore (77.81%), Rs 95.83 crore (84.16%), Rs 72.27 crore (85.71%), and Rs 48.36 crore (78.42%) for the period ended November 30, 2025, FY25, FY24, and FY23, respectively. Any slowdown in demand for cottonised flax, or a downturn in end-use industries, such as apparel, home textiles, automotive, or industrial applications, could materially impact the company’s revenue, cash flows, and overall financial performance.
The top 10 customers contributed revenues of Rs 45.31 crore (65.28%), Rs 87.02 crore (76.43%), Rs 51.94 crore (61.58%), and Rs 43.65 crore (70.79%) for the period ended November 30, 2025, FY25, FY24, and FY23, respectively. If the company is unable to retain these key customers, expand the customer base, or lose business from these clients, it court adversely affect the company’s business and finances.
Raw material purchases from the top five suppliers amounted to Rs 51.82 crore (85.51%), Rs 101.01 crore (85.61%), Rs 44.69 crore (81.61%), and Rs 42.44 crore (82.26%) for the period ended November 30, 2025, FY25, FY24, and FY23, respectively. Any adverse changes in relationships with these supplies could materially impact the company’s procurement operations, cost structure, and overall financial performance.
The company’s business is subject to seasonal variations, particularly due to its dependence on flax, jute fibre, and jute sliver as key raw materials. Any disruption or delay in the availability of flax or other raw materials could affect production schedules, inventory planning, and operating efficiency.
The company recorded negative cash flows from operating activities amounting to Rs 2.82 crore, Rs 25.38 crore, and Rs 2.93 crore for the periods ended November 30, 2025, FY25, and FY23, respectively. It recorded negative cash flows from investing activities amounting to Rs 0.74 crore, Rs 16.54 crore, and Rs 12.70 crore for the periods ended November 30, 2025, FY25, and FY23, respectively. The company also reported negative cash flows from financing activities amounting to Rs 11.32 crore in FY24. If cash outflows continue to exceed inflows, the company may face liquidity challenges in the future.
The company, its promoters and the directors are involved in ongoing legal proceedings, including criminal matters and tax proceedings. Any adverse judgment in these cases can be detrimental to the company’s business prospects.
As of the period ended November 30, 2025, the company’s trade receivables were Rs 10.06 crore. Any failure to collect these receivables on time or at all could negatively impact its business and financial condition.
As of November 30, 2025, the company had outstanding financial indebtedness of Rs 64.30 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.

Application details

For Yajur Fibres IPO, eligible investors can apply as Individual investor.

Apply asPrice bandApply rangeLot size
Individual investor₹168 - ₹174₹2 - ₹5 Lakhs800

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