The details about the Vraj Iron and Steel Limited IPO is as:
- The issue size of the Vraj Iron and Steel Limited IPO is 171 Cr.
- The price band for Vraj Iron and Steel Limited IPO is Rs 195 to Rs 207.
- The shares of Vraj Iron and Steel Limited IPO will list on 3rd July 2024.
- The latest tentative GMP of Vraj Iron and Steel Limited IPO is Rs 90.
- The shares of Vraj Iron and Steel Limited IPO is subscribed 126.36 Times as of 28th June 2024.
Vraj Iron and Steel Limited IPO Valuation
The approx valuation of Vraj Iron and Steel Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 207 |
| Existing Shares (Qty) |
2.47 Cr |
| Fresh Issue |
171 Cr |
| Market Cap |
682.29 Cr |
| EPS (FY23) |
Rs 21.84 |
| PE Ratio |
9.47x |
| Industry PE |
21x |
Vraj Iron and Steel Limited IPO Issue Size
Vraj Iron and Steel Limited IPO issue size is 171 Cr.
| Issue |
Amount |
| Fresh Issue |
171 Cr |
| Offer For Sale |
0 Cr |
Vraj Iron and Steel Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 72 shares and a maximum of 13 lots of 936 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
72 |
14,904 |
| Maximum |
13 |
936 |
1,93,752 |
Vraj Iron and Steel Limited IPO share offer
The shares of Vraj Iron and Steel Limited IPO is subscribed 126.36 Times as of 28th June 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
173.99 Times |
| Non-Institutional |
Minimum 15% |
221.66 Times |
| Retail Individual |
Minimum 35% |
58.30 Times |
| Total |
|
126.36 Times |
Find below the dates for Vraj Iron and Steel Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
1 July 2024 |
| Refunds |
2 July 2024 |
| Credit to Demat Account |
2 July 2024 |
| IPO Listing Date |
3 July 2024 |
Check allotment status