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Vraj Iron And Steel IPO

Listed Listed stocks

Vraj Iron And Steel IPO Details

  • Bidding Date

    26-Jun-2024 to
    28-Jun-2024

  • Issue Size

    ₹171 Cr

  • Price Band

    ₹195 to ₹207

  • Allotment date

    01-Jul-2024

  • Listing date

    03-Jul-2024

  • Lot size

    72

  • No. of shares

    82,60,870

  • Fresh issue/OFS

    ₹171 Cr /--

About Vraj Iron And Steel Company

Incorporated in 2004, Vraj Iron And Steel is engaged in the manufacturing of Sponge Iron, M.S. Billets, TMT bars and by-products such as Dolochar, Pellet, and Pig Iron. They currently manage two manufacturing plants located in Raipur and Bilaspur, Chhattisgarh, spread across 52.93 acres. The company caters to a diverse customer base, including industrial clients and end-users, and its products are sold directly as well as through brokers and dealers. Additionally, their workforce consists of 531 employees and workers, including 296 permanent employees and 235 contract workers. They are in the process of expanding their manufacturing capacity. Their captive power plant capacity will grow from 5 MW to 20 MW.

Subscription Status

  • Category

    Status

  • QIBs

    163.9x

  • NIIs

    208.8x

  • Retail

    54.9x

  • Others

    --

  • Total

    119x

Vraj Iron And Steel Financials

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FAQs for Vraj Iron And Steel IPO.

The issue size of Vraj Iron And Steel is ₹171.00 Cr.

Vraj Iron And Steel falls into Metal Processing industry.

The Vraj Iron And Steel IPO will be listed on both NSE and BSE.

The open and close dates for the Vraj Iron And Steel are 26-Jun-2024 & 28-Jun-2024.

The price band for the Vraj Iron And Steel ipo is ₹195 to ₹207

The listing date of Vraj Iron And Steel IPO is 03-Jul-2024.

The purpose of this IPO is to raise fresh capital.

Vraj Iron And Steel total subscription ratio is 119X.

Key financial of the Vraj Iron And Steel are:


Vraj Iron And Steel FY-24 FY-23 FY-22 FY-21
Revenue (₹ Cr) 419.86 515.67 414.04 290.7
EBIT (₹ Cr) 71.1 70.73 41.25 20.2
Proft after Tax (₹ Cr) 57.41 54 28.7 11
Debt (₹ Cr) 61.7 22.98 42.51 45.7
Net Worth (₹ Cr) 200.34 140.92 86.73 57.8
RoE (%) 28.66 38.32 33.1 19.03

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