Vraj Iron and Steel Allotment Status

The Vraj Iron and Steel IPO opened for subscription on June 26, 2024, and closed on June 28, 2024. The IPO allotment status is expected to be finalized on Monday, July 1, 2024. Investors who applied can check the Vraj Iron and Steel IPO allotment status online through the registrar’s website or via the BSE/NSE portals.

For retail investors, the minimum investment required was Rs 14,904. For non-institutional investors, the minimum lot size was set at 14 lots (1,008 shares) for sNII, amounting to Rs 2,08,656, and 68 lots (4,896 shares) for bNII, costing Rs 10,13,472. The price band for the IPO was set between Rs 195 to Rs 207 per share.

The Vraj Iron and Steel IPO is scheduled to be listed on both the BSE and NSE, with a tentative listing date of Wednesday, July 3, 2024.

To stay updated or to perform a Vraj Iron and Steel IPO allotment status check, investors should keep an eye on official stock exchange websites or the registrar’s portal for accurate and timely information. 

How to Check IPO Allotment Status? 

To check the Vraj Iron and Steel IPO allotment status:

• Visit the NSE website.
• Choose 'Equity' under the Issue Type.
• Select ‘Vraj Iron and Steel' from the dropdown menu.
• Enter your Application Number or PAN.
• Complete the captcha verification by clicking on 'I am not a Robot', then click 'Submit'.
   

Table of Contents

1. How to Check IPO Allotment Status? 
2. To check the Vraj Iron and Steel allotment status on the Link Intime India website, follow these steps
3. Vraj Iron and Steel Allotment IPO Details 
4. Vraj Iron and Steel Allotment IPO Timeline (Tentative Schedule) 
5. About Vraj Iron and Steel Limited
6. Financial Information Vraj Iron and Steel Allotment (Restated Consolidated) 

To check the Vraj Iron and Steel allotment status on the Link Intime India website, follow these steps

• Step 1: Visit the IPO registrar's website, Link Intime India.
• Step 2: From the Select Company dropdown menu, choose 'Vraj Iron and Steel’.
• Step 3: Select your preferred identification option from PAN, Application Number, DP/Client ID, or 
• Account Number/IFSC.
• Step 4: Enter the corresponding details based on your selection.
• Step 5: Click on the 'Submit' button.

Your Vraj Iron and Steel allotment status will then be displayed on the screen.
 

Vraj Iron and Steel Allotment IPO Details 

Vraj Iron and Steel Allotment IPO Timeline (Tentative Schedule) 

Vraj Iron and Steel IPO opens on June 26 2024, and closes on June 28, 2024.

About Vraj Iron and Steel Limited

Vraj Iron and Steel Limited, incorporated in 2004, specializes in manufacturing sponge iron, MS billets, and TMT bars under the brand name Vraj. The company operates two manufacturing plants located in Raipur and Bilaspur, Chhattisgarh, spanning a total area of 52.93 acres. With a production capacity of 57,600 tonnes per annum for MS billets, the company’s rolling mills further process these billets to produce TMT bars with an annual capacity of 54,000 tonnes.

The company’s diverse product portfolio includes sponge iron, TMT bars, MS billets, and by-products such as dolochar, pellets, and pig iron, serving a broad range of industrial customers as well as end-users.

Investors keen on the Vraj Iron and Steel IPO allotment status and those looking to perform a Vraj Iron and Steel IPO allotment status check can expect timely updates as the allotment process concludes. This information will be crucial for stakeholders to track their investments and plan their next steps accordingly. 

Financial Information Vraj Iron and Steel Allotment (Restated Consolidated) 

Vraj Iron and Steel Limited's revenue surged by 24.87% and profit after tax (PAT) surged by % between the financial year ending March 31, 2022 to March 31, 2023.