Yajur Fibres IPO share allotment is being finalised today, Monday, January 12, marking a crucial milestone for investors who participated in the three-day subscription period. The company's initial public offering, valued at approximately ₹120 crore, concluded its subscription phase on Friday, January 9, after opening on Wednesday, January 7.

Subscription Performance and Timeline

The IPO received moderate investor response with a subscription rate of 1.33 times by the end of the subscription period. Following today's allotment finalisation, the company has outlined a clear timeline for subsequent processes.

Allotment Status Check Process

Investors can verify their allotment status through Mas Services Limited, the IPO registrar, using a straightforward four-step process:

• Step 1: Visit the official website of Mas Services Ltd at https://www.masserv.com/opt.asp
• Step 2: Navigate to the "Check Application Status" section and select "Yajur Fibres IPO" from the dropdown menu
• Step 3: Choose your preferred identification method - Application number, Demat Account number, or PAN ID
• Step 4: Enter the required details based on your selected identification method

The allotment status will display both whether shares have been allocated and the specific number of shares allotted to successful applicants.

IPO Structure and Fund Utilisation

The ₹120 crore IPO comprises a fresh issue of 69.20 lakh shares. The company has earmarked the raised funds for specific growth initiatives and operational requirements.

Market Performance and Grey Market Premium

Yajur Fibres shares are currently trading at their issue price in the grey market, with the Grey Market Premium (GMP) standing at ₹0. This indicates that shares are trading at the issue price of ₹174 per share with no premium or discount, according to investorgain.com.

Next Steps for Investors

Unsuccessful applicants will receive their refunds starting Tuesday, January 13, while successful investors will see shares credited to their demat accounts on the same day. The company's shares are scheduled to commence trading on the stock exchanges on Wednesday, January 14, providing the first official market valuation of the textile manufacturer.

West Bengal-based cottonised bast fibres manufacturer Yajur Fibres successfully concluded its Initial Public Offering on January 9 with robust investor interest, achieving 1.31 times subscription. Simultaneously, Victory Electric Vehicles International reached 97% subscription for its public issue, marking strong market reception for both SME offerings.

Yajur Fibres IPO Performance

The three-day public issue from January 7-9 attracted significant investor participation across all categories. The company's performance metrics demonstrate healthy market appetite:

The Kankaria Group company approached capital markets to raise ₹120.4 crore through the public issue of 69.2 lakh shares, priced at the upper end of the ₹168-174 per share price band.

Fund Utilisation Strategy

Yajur Fibres has outlined a comprehensive expansion plan for the IPO proceeds across multiple strategic initiatives:

The company specialises in producing premium cottonised bast fibres, including flax (linen), jute, and hemp, positioning itself in the growing sustainable textile segment.

Victory Electric Vehicles Performance

Victory Electric Vehicles International demonstrated strong market interest despite falling marginally short of full subscription. The New Delhi-based electric vehicles manufacturer achieved impressive metrics:

The company plans to deploy the raised capital for capital expenditure, working capital requirements, and general corporate expenses, supporting its growth in the electric vehicles sector.

Listing and Allotment Timeline

Both companies will follow identical post-issue timelines for investor convenience. Share allotment finalisation is scheduled for January 12, with equity shares commencing trading on BSE SME and NSE Emerge platforms on January 14.

Horizon Management served as the merchant banker for Yajur Fibres' public issue, while Corpwis Advisors managed Victory Electric Vehicles International's IPO, ensuring professional execution of both offerings in the SME segment.