Yajur Fibres IPO lists 20% below issue price

Yajur Fibres is a company that makes special fibres like jute and hemp.

They recently sold shares to the public for the first time, called an IPO.

The shares started selling for less money than expected, about 20% lower.

The price kept dropping until it hit the lowest allowed price, called the lower circuit.

This means not many people wanted to buy the shares at the starting price.

The company has been making more money each year and sells its products in several countries.

The shares didn't gain any extra value on the first day of trading, which is unusual.

This story is still developing, so more information might come out later.