Vraj Iron and Steel specializes in producing Sponge Iron, M.S. Billets, and TMT bars sold under its brand. They offer a variety of products, like Sponge Iron, TMT Bars, and MS Billets along with by-products such as Dolochar, Pellets, and Pig Iron. Their customer base includes a mix of clients and end users. Sales are made directly through intermediaries, like brokers and dealers.
Vraj Iron and Steel has recently obtained the Environment Management System Certification following the ISO 14001:2015 standard, for its Raipur Plant showcasing its dedication to enhancement.
Vraj Iron and Steel IPO Complete Details:
Vraj Iron and Steel IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Vraj Iron and Steel is Around 75 Rs.
Objects Of Issue:
1) The funding will be used for two purposes related to the “Expansion Project” at the Bilaspur Plant:
a) Repayment or prepayment of borrowings from HDFC Bank that were obtained by our Company for the capital expenditure towards the “Expansion Project” at the Bilaspur Plant.
b) Capital expenditure specifically for the “Expansion Project” at the Bilaspur Plant.
2) Additionally, the funds will be utilized for general corporate purposes.
Promoters:
- GOPAL SPONGE AND POWER PRIVATE LIMITED
- V.A. TRANSPORT PRIVATE LIMITED
- VIJAY ANAND JHANWAR
FAQs:
When Vraj Iron and Steel IPO is Opening?
Vraj Iron and Steel IPO is Opening on 26 June 2024.
When is the Vraj Iron and Steel IPO Closing?
Vraj Iron and Steel IPO is Closing on 28 June 2024.
What is the Issue Size of the Vraj Iron and Steel IPO?
The IPO Issue Size of Vraj Iron and Steel is 171.00 Crore.
Price Band of Vraj Iron and Steel IPO?
The price Band of the Vraj Iron and Steel IPO is 195 to 207 rupees per share.
What is the minimum investment for a Vraj Iron and Steel IPO?
The minimum investment for the Vraj Iron and Steel IPO is 14,904 Rupees.
Allotment Date of Vraj Iron and Steel IPO?
The Allotment of Vraj Iron and Steel IPO is on 01 July 2024.
Listing Date of Vraj Iron and Steel IPO?
The Listing Of Vraj Iron and Steel is Scheduled on 03 July 2024.
One Should Apply for Vraj Iron and Steel IPO or Not?
Will Update Soon..
How to apply for Vraj Iron and Steel IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Vraj Iron and Steel IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Vraj Iron and Steel IPO through the Upstox Old Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Vraj Iron and Steel IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Vraj Iron and Steel IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Vraj Iron and Steel IPO from the list ——–> Click on Vraj Iron and Steel IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Vraj Iron and Steel?
Aryaman Financial Services Limited is the Lead Manager of Vraj Iron and Steel.
Where To Check the Allotment of Vraj Iron and Steel IPO?
The allotment status for the Vraj Iron and Steel IPO will be accessible on the Bigshare Services Pvt Ltd Website.
Vraj Iron and Steel IPO is going to be listed at?
Vraj Iron and Steel IPO is going to be listed at NSE, BSE.
What is the Lot Size of the Vraj Iron and Steel IPO?
The lot size of the Vraj Iron and Steel IPO is 72 Shares.
What is the P/E Ratio of the Vraj Iron and Steel?
The P/E Ratio of the Vraj Iron and Steel is 9.48.
What is the EPS of the Vraj Iron and Steel?
The EPS of the Vraj Iron and Steel is 21.84.
What is the ROE of the Vraj Iron and Steel?
The ROE of Vraj Iron and Steel is 23.78%.
What is the ROCE of the Vraj Iron and Steel?
The ROCE of Vraj Iron and Steel is 25.34%.