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Vraj Iron and Steel Limited

Vraj Iron and Steel Limited

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Vraj Iron and Steel Limited is launching an IPO sized at ₹82,60,870 crore. The raise comprises a fresh issue of ₹82,60,870 crore and an OFS of ₹0 crore, together representing roughly 72 shares.
Subscription is open from 26-06-2024 to 28-06-2024. The allotment is expected on 01-07-2024, and listing is targeted for 03-07-2024. Note: fresh issue proceeds typically go to the company while OFS proceeds go to selling shareholders.
Start Date26-06-2024
End Date28-06-2024
Listing Date03-07-2024
Allotment Date01-07-2024
Current Price₹240
GMP₹50 (24.15%)
Lot Size72 Shares
Subscription126.36 Times
Face Value₹10 Per Equity Share
Listing atNSE, BSE
Issue Price₹195 - ₹207
Pre Issue₹2,47,21,750
Post Issue₹3,29,82,620
Issue Size₹82,60,870
(aggregating up to 171.00 Cr)
Fresh Issue₹82,60,870
(aggregating up to 171.00 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Vraj Iron and Steel Limited is currently around ₹50 (24.15%). This indicates an estimated listing price of approximately ₹245 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.

Gmp Details

Last UpdatedIPO PriceGMPEstimated Listing Price
26 Nov 2025, 08:38
₹207
₹50
₹257 (24.15%)
14 Nov 2025, 09:45
₹207
₹50
₹257 (24.15%)
06 Mar 2025, 13:19
₹207
₹50
₹257 (24.15%)

Financials overview in Crores

Here is a quick look at the recent financial performance of Vraj Iron and Steel Limited . The numbers below ( in Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.

Key Performance

KPI Dec-23 Mar-23 Mar-22
EPS
18.03
21.84
11.61
ROE
23.78
38.32
32.94
ROCE
25.34
44.98
32.14
RONW
23.78
38.32
32.94
PRE IPO(PE)
9.48
0
0
POST IPO(PE)
11.49
0
0

Subscription Demand (in ₹ Crore)

CategoryOfferedDemandTimes
QIBs
₹34.20
5950.5
173.99
RETAIL
₹59.85
3489.61
58.31
HNIs 2+
₹8.55
1966.45
229.99
HNIs 10+
₹17.10
3719.2
217.50
Total
₹119.70
15125.76
126.36

Application Wise Breakup (Approx. no of Apps)

CategoryReservedAppliedTimes
HNIs (2-10L)
410
89,252
217.69
RETAIL
40,157
21,04,492
52.41
Total
40,567
21,93,744
54.08
The IPO reservation for Vraj Iron and Steel Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.

IPO Reservation

CategoryShares OffersNo. of Shares
Retail
50.00%
28,91,305
NII(HNI)
21.43%
12,39,131
QIB
28.57%
16,52,174
TOTAL
100.00%
57,82,610

Lot(s) Distribution

CategoryLot(s)QtyAmountReserved
Retail (Min)
1
72
₹14,904
0
sHNI
14
1,008
₹2,08,656
0
bHNI
68
4,896
₹10,13,472
0
Below you can find the official contact details of Vraj Iron and Steel Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.

Company Details

Phone: +91-771-4059002
Address: First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, 3, Jalvihar Colony, Raipur-492001

IPO Registrar

Name: Bigshare Services Private Limited
Phone: +91-22-6263 8200