YFL

Yajur Fibres Limited

Listed SME BSE
🔥🔥🔥🔥🔥

A bast fiber processing company specializing in manufacturing premium cottonized fibers from flax, jute, and hemp for textile and industrial applications. The company operates from Howrah, West Bengal, with expertise in converting long brittle bast fibers into cotton-like fibers suitable for blending.

Price Band
₹168–₹174
Lot Size
800 shares
Issue Size
₹120.41 Cr
Subscription
1.33×
Open Date
07 Jan
Close Date
09 Jan
Allotment
12 Jan
Listing Date
14 Jan
Min Investment
₹1,39,200

Overview

About the Company

Established in 1980, this Indian enterprise focuses on processing and creating bast fibers including flax, jute, and hemp materials. The organization transforms long, rigid bast fibers into soft, cotton-resembling fibers that integrate well with cotton and synthetic materials, advancing sustainable fiber solutions through extensive research and commercial manufacturing. With production capabilities exceeding 300 metric tons monthly of processed fiber, flax yarn, and jute yarn, the company serves leading spinning and weaving facilities domestically and internationally. The manufacturing base spans 19 acres in West Bengal's jute center, featuring 500 meters of Ganges River frontage at Jagannathpur, Phuleshwar, Uluberia, Howrah District.

Company Details

Founded
1980
Headquarters
Kolkata, West Bengal
Industry
Other Textile Products
Employees
409
Promoter
Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, Gold View Financial Services Limited

📋 Objects of Issue (Use of Proceeds)

  • Establishment of 50,000 square feet shed facility and procurement of dyeing and bleaching processing equipment with additional 4 tons daily production capacity at existing Howrah manufacturing unit
  • Capital investment in subsidiary Yashodha Linen Yarn Limited for greenfield facility development at Vikram Udyogpuri, DMIC Industrial Park, Ujjain, Madhya Pradesh for complete wet spun linen yarn and blended yarn production
  • Meeting working capital needs of the organization
  • Supporting general corporate activities and initiatives

✅ Strengths

  • More than four decades of operational experience since establishment in 1980
  • Supported by the Kankaria Group with extensive expertise in the jute sector
  • Focused expertise in premium processed bast fibers including flax, jute and hemp
  • Established business-to-business customer network spanning textile and industrial sectors
  • Strategic expansion into linen yarn production through subsidiary operations

⚠️ Risks

  • ! Significant reliance on processed flax for majority of revenue generation
  • ! Pending legal and taxation issues that could affect business operations and company reputation
  • ! Historical auditor qualifications suggesting previous financial reporting challenges
  • ! Vulnerability to raw material cost fluctuations and supplier dependency
  • ! Implementation challenges related to expansion into new product lines and production capacities