Vraj Iron and Steel

Vraj Iron and Steel share price had a strong debut on NSE and BSE, opening at ₹ 240 per share, 15.94% above the issue price of ₹ 207.

Vraj Iron and Steel IPO listing date set for today at 10:00 IST. Shares to list in pre-open session on both BSE and NSE. Equity shares to be listed on BSE within 'T' Group of Securities list.

Vraj Iron and Steel IPO listing date set for tomorrow. Vraj Iron and Steel IPO subscription status strong with 119 times on final bidding day. Non-institutional investor quota subscribed 208.81 times. Analysts estimate IPO GMP between ₹ 20 and ₹ 90 signaling a solid listing.

Vraj Iron and Steel IPO allotment status can be checked online through the website of BSE and on the official portal of IPO registrar. Bigshare Services Pvt Ltd is the Vraj Iron and Steel IPO registrar.

The final date for Vraj Iron and Steel IPO bidding has passed, with allotment expected on July 1, 2024. The issue price range was ₹ 195-207, with shares trading at a 75% premium in the grey market.

Vraj Iron and Steel IPO GMP: The grey market suggests that Vraj Iron and Steel IPO listing price would be around 293, say market experts

Vraj Iron and Steel IPO sees enthusiastic investor response in initial days with public subscriptions accepted at ₹ 195-207 per share. The company plans to utilise IPO proceeds for corporate purposes and expansion at Bilaspur site.

Vraj Iron and Steel IPO received strong subscriptions from non-institutional and retail investors. The company raised over ₹ 51 crore from anchor investors. Analysts recommend a long-term subscription to the IPO based on production capacity expansion and strong financial performance.