Yajur Fibres Ltd - IPO

Yajur Fibres Ltd IPO Details

Initial public offer of up to 69,20,000 equity shares of face value of Rs.10/- each (Equity Shares) of the company at an issue price of Rs.174 per equity share (including a share premium of Rs.164 per equity share) for cash, aggregating up to Rs.120.41 crores (Public Issue) out of which 3,46,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs.174 per equity share for cash, aggregating Rs. 6.03 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 65,73,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs.174 per equity share for cash, aggregating up to Rs.114.38 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 30.51% and 28.98% respectively of the post-issue paid-up equity share capital of the company.Price Band: Rs. 174 per equity share of face value Rs. 10/- each.The floor price is 17.4 times of the face value of the equity shares.Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.

Objective of issue

Setting up of 50,000 sq.ft of shed in the existing mfg. unit & purchase of dyeing & bleaching processing machinery & installation of addi. produc. capacity of 4 tons per day (hereinafter referred as the Capex) at the Co. existing mfg. unit. Investment in the Co. subsidiary Yashodha Linen Yarn Ltd for setting up a greenfield unit at Vikram Udyogpuri, DMIC (Industrial park) for 100% wet spun linen yarn and blended yarn (hereinafter referred as the Project). Funding of working capital requirements of the company. General corporate purposes.

Yajur Fibres Ltd Contact Details

Yajur Fibres Ltd, T-34 2nd Floor, Okhla Industrial Are, Phase II, New Delhi - 110020

Phone - 91-011-26387281/83

Fax -

Email - investors@yajurfibres.com

Website - www.yajurfibres.com