The Indian primary market is set to welcome a new public issue in the new year. Yajur Fibres Limited, a manufacturer of synthetic blended yarn, has announced the opening dates for its initial public offering (IPO). The company's shares will be available for subscription on the SME platform of the Bombay Stock Exchange (BSE).
IPO Dates and Financial Structure
The Yajur Fibres Limited IPO will open for subscription on January 7, 2026. The bidding window will close three days later, on January 10, 2026. Investors can bid for shares within a price band of ₹61 to ₹65 per equity share. Each lot will comprise 2,000 shares, which means the minimum investment required for retail investors will range between ₹122,000 and ₹130,000.
The total size of the fresh issue is ₹19.20 crore. This capital will be raised entirely through the issuance of new shares, indicating that the funds will flow directly into the company's coffers for its stated objectives, rather than to existing shareholders selling their stake.
Objectives of the Fundraise
Yajur Fibres has outlined clear goals for the utilization of the net proceeds from the IPO. The management intends to allocate the funds towards crucial areas that will drive future growth and operational stability.
The primary objectives include:
- Financing the company's working capital requirements to ensure smooth day-to-day operations and meet increasing demand.
- Addressing general corporate purposes, which provides the company with strategic financial flexibility.
This planned use of capital underscores the company's focus on strengthening its foundational business and scaling its existing manufacturing operations in the textile sector.
About Yajur Fibres Limited and Market Context
Yajur Fibres Limited is engaged in the business of manufacturing synthetic blended yarn, a key raw material for the wider textile industry. The decision to go public via the SME platform provides the company with access to public capital, enhancing its brand visibility and providing funds for expansion without taking on significant debt.
The IPO's lead manager is Skyline Financial Services Private Limited, which will oversee the process and ensure regulatory compliance. The registrar to the issue is Bigshare Services Private Limited, responsible for handling the application and allotment process for investors.
This public offering represents an opportunity for investors to participate in the growth story of a domestic manufacturing firm in a sector that is a significant contributor to India's economy and exports. The success of the issue will depend on investor sentiment towards the SME segment and the company's future growth prospects as presented in its red herring prospectus (RHP).
Potential investors are advised to carefully review the company's draft prospectus, which contains detailed information on financials, risk factors, and promoter details, before making any investment decision.
