Yajur Fibres’ initial public offering has closed with an overall subscription of 1.31 times, supported by strong participation from retail investors and steady interest from high value non institutional bidders.
Overall Subscription at Close
As of 6:01 pm on January 9, the IPO received bids for 90.89 lakh shares against an issue size of 69.20 lakh shares. A total of 4,682 applications were recorded across investor categories by the end of the bidding period.Retail Investors Anchor the Issue
The retail investor segment emerged as the largest contributor to demand, subscribing 1.51 times. Retail investors bid for 68.94 lakh shares against a reserved portion of 45.58 lakh shares, backed by 4,309 applications.Non Institutional Investors End Near Full Subscription
The non institutional investors category closed at 0.93 times, with bids for 21.29 lakh shares against 22.97 lakh shares on offer. Within this segment, bids above Rs 10 lakh were subscribed 1.14 times, while bids up to Rs 10 lakh closed at 1.00 time, reflecting balanced participation across ticket sizes.QIB Portion Remains Steady
The qualified institutional buyers segment remained subscribed at 1.03 times, with bids for 65,600 shares against an allocation of 64,000 shares, indicating limited but stable institutional participation.Price-wise Bid Trend
At the price band level, the highest bids were recorded at the lower end. Bids at Rs 168 accounted for 90.89 lakh shares, while bids at the upper end price of Rs 174 stood at 87.12 lakh shares, showing consistent interest across the price range.Key IPO Details
The IPO was priced in the range of Rs 168 to Rs 174 per share and comprised a fresh issue of 69.20 lakh equity shares. The company’s shares are proposed to be listed on the BSE SME platform, with a tentative listing date scheduled for January 14.The proceeds from the issue will be used for capacity expansion at the company’s Howrah manufacturing facility, setting up a greenfield linen yarn unit through its subsidiary, and meeting working capital and general corporate requirements.
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