Yajur Fibres Limited Lists on BSE SME Platform Today with Zero Grey Market Premium
Yajur Fibres Limited debuts on BSE SME platform today with 0% grey market premium following its ₹120 crore IPO that achieved 1.33x subscription. The West Bengal-based bast fibre processor operates a 300+ MT monthly capacity facility and demonstrated strong financial growth with income rising 67% to ₹141.99 crore in FY25. The company plans to deploy IPO proceeds for working capital, subsidiary expansion in Madhya Pradesh, and capacity enhancement initiatives.

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Yajur Fibres Limited is scheduled to make its debut on the BSE SME platform today, with grey market indicators suggesting a muted listing performance. The stock currently commands a grey market premium of 0%, pointing to expectations of a listing close to the issue price amid cautious sentiment in the broader SME segment.
IPO Performance and Subscription Details
The company's ₹120 crore initial public offering, which was entirely a fresh issue, concluded subscription on January 9 with modest investor response. The issue achieved overall subscription of 1.33 times, with retail investors providing the primary demand driver.
| Investor Category: | Subscription Multiple |
|---|---|
| Overall: | 1.33x |
| Retail Investors: | 1.51x |
| Qualified Institutional Buyers: | 1.03x |
| Non-Institutional Investors: | 0.91x |
The IPO was offered in a price band of ₹168 to ₹174 per share, with final pricing at the upper end. The offering comprised 69.20 lakh shares, with approximately ₹114 crore worth offered to the public after setting aside a market maker portion of ₹6 crore.
Business Operations and Manufacturing Capacity
Yajur Fibres Limited operates in the specialized segment of processing and manufacturing bast fibres, including flax, jute, and hemp. The company's core expertise lies in cottonising these fibres, converting long and brittle bast fibres into cotton-like material that can be blended with cotton and man-made fibres. This process addresses the growing demand for sustainable textiles and natural fibre substitution.
The company operates a large manufacturing facility spanning 19 acres in West Bengal's jute belt, strategically located along the Ganges riverfront in Howrah district. The facility maintains an installed capacity exceeding 300 metric tonnes per month for cottonised fibre, flax yarn, and jute yarn production, serving both domestic spinning and weaving mills as well as overseas markets.
Financial Performance and Growth Trajectory
Yajur Fibres Limited has demonstrated significant financial growth, though with some variability across periods. The company's financial performance shows substantial year-over-year improvement in key metrics.
| Financial Metric: | FY25 | FY24 | Growth |
|---|---|---|---|
| Total Income: | ₹141.99 crore | ₹84.85 crore | +67.33% |
| Profit After Tax: | ₹11.68 crore | ₹4.27 crore | +173.53% |
For the eight months ended November 2025, the company reported income of ₹69.99 crore and profit of ₹7.12 crore, indicating continued operational performance.
IPO Proceeds Utilization Strategy
The company has outlined a comprehensive deployment strategy for the IPO proceeds across multiple expansion initiatives. The fund allocation demonstrates focus on both working capital enhancement and capacity expansion through subsidiary operations.
| Utilization Area: | Amount Allocated |
|---|---|
| Working Capital Requirements: | ₹36 crore |
| Subsidiary Investment (Yashodha Linen Yarn Limited): | ₹48 crore |
| Existing Facility Capacity Expansion: | Remaining funds |
| General Corporate Purposes: | Remaining funds |
The substantial ₹48 crore investment in subsidiary Yashodha Linen Yarn Limited will support establishing a greenfield unit in Madhya Pradesh, representing a significant geographical expansion for the company's operations.




























