Yajur Fibres IPO Subscribed 1.31x, Victory Electric Vehicles at 97%

• Yajur Fibres' IPO closed on January 9 with a 1.31 times subscription, while Victory Electric Vehicles International's offer was 97% subscribed.
• Both companies will finalize IPO share allotment by January 12, with trading on BSE SME and NSE Emerge starting January 14.
• Yajur Fibres raised Rs 120.4 crore, with retail investors bidding 1.51 times their quota and QIBs 1.03 times.
• Yajur Fibres will use IPO proceeds for expanding its Howrah unit and setting up a new greenfield unit in Ujjain, Madhya Pradesh.
• Victory Electric Vehicles International mobilized Rs 34.56 crore, utilizing funds for capital expenditure, working capital, and general corporate expenses.

Why It Matters: Yajur Fibres and Victory Electric Vehicles IPOs saw strong investor interest, closing at 1.31x and 97% subscription respectively.