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Open
26 Jun 2024
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Close
28 Jun 2024
3
Allotment
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Listing
Wed, Jul 3, 2024
Price Band
₹195 to ₹207
Issue Size
82,60,869 shares (agg. up to ₹171 Cr)
Lot Size
72 Shares
Listing Date
Wed, Jul 3, 2024
Latest GMP
₹50
Est. Gain
24.15%
✦ AI Insight
GMP Trend
03-07-2024₹50Est. ₹257+24.15%
02-07-2024₹50Est. ₹257+24.15%
01-07-2024₹67Est. ₹274+32.37%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 88.33x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 253.05 | 191.54 | 150.77 | 126.33 |
| Total Income | 304.81 | 517.42 | 414.38 | 290.93 |
| Profit After Tax | 44.58 | 54.00 | 28.70 | 10.99 |
| NET Worth | 187.50 | 140.92 | 87.14 | 57.79 |
| Reserves and Surplus | 162.78 | 135.97 | 82.19 | 52.85 |
| Total Borrowing | 49.30 | 22.98 | 42.51 | 45.78 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment of borrowings from HDFC Bank | 70.00 |
| 2 | Capital expenditure towards the “Expansion Project” at Bilaspur Plant | 59.50 |
| 3 | General Corporate Purposes | 22.80 |
About Vraj Iron IPO
Updated on Aug 12, 2026
Contact Details
Vraj Iron & Steel Ltd. AddressFirst Floor, Plot No 63 & 66, Ph No 113Mother Teresa Ward No.433, Jalvihar ColonyRaipur, Chhattisgarh, 492001+91-771-4059002info@vrajtmt.inVisit Website