Vraj Iron and Steel

Vraj Iron & Steel debuted at ₹ 241, 16% above its issue price, receiving a positive listing. The company's financial performance has been consistent, demonstrating profitability. Analyst Shivani Nyati highlighted risks but maintained ‘buy’ rating with a target above ₹ 300.

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.

IPO Next Week: Some companies are opening for subscription including Emcure Pharma IPO, while several others are getting listed on the stock exchanges in the coming week.

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