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Risks & Strengths of Yajur Fibres IPO
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- A heavy reliance on cottonised flax for the bulk of their revenues
- There could be ongoing legal and tax matters affecting operations and reputation.
- Qualifications for past auditors suggest there may be some problems with financial statement disclosures
- Volatility in price of raw material and dependence on supplier
- Execution Risks Relating to Diversification into New Products or Capacities
- More than four decades experience in operation since its incorporation in 1980
- With the backing of the Kankaria Group, which has extensive experience in the jute industry
- Specialized in: High-class cottonized best fibers like flax, jute, and hemp
- Large B2B customer base in the textile and industrial sectors
- Forward Integration into Linen Yarn Production through the Subsidiary