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Vraj Iron & Steel IPO
₹252.00
+21.74% on listing
Listing-day close · NSE · 3 Jul 2024 · issue price ₹207
Vraj Iron & Steel’s ₹171 crore IPO was priced at ₹207 a share. It listed on the NSE on 3 Jul 2024 and closed its first day at ₹252.00, up 21.74% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹171 Cr
- Fresh issue
- ₹171 Cr
- Offer for sale
- —
- Lot size
- 72 shares
- Minimum investment
- ₹14,904
- Face value
- ₹10
- Registrar
- Bigshare Services
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 88.33× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹683 Cr
- P/E (post-issue)
- 11.5
- EPS (post-issue)
- ₹18.02
- Price to book
- 2.7
- ROE
- 23.78%
- ROCE
- 25.34%
- Debt to equity
- 0.27
- PAT margin
- 3.61%
- Promoter holding
- 99.99% → 74.95%
Financials as of 31 Dec 23, from the offer documents.
Listing
- Listing date
- 3 Jul 2024
- Issue price
- ₹207
- Open
- ₹240.00
- High
- ₹252.00
- Low
- ₹240.00
- Close
- ₹252.00
Listing day on the NSE. The close was +21.74% on the issue price.
VRAJ IRON AND STEEL share price todayFAQs
When did the Vraj Iron & Steel IPO open and close?
It opened on 26 Jun 2024 and closed on 28 Jun 2024.
What was the Vraj Iron & Steel IPO price?
The price band was ₹195–207 a share. The final issue price was ₹207.
What is the lot size and minimum investment?
One lot is 72 shares, ₹14,904 at ₹207 a share. Retail investors apply in whole lots.
How much did Vraj Iron & Steel raise?
₹171 crore: ₹171 crore of new shares.
How many times was the Vraj Iron & Steel IPO subscribed?
88.33 times overall.
How did Vraj Iron & Steel list?
It listed on the NSE on 3 Jul 2024 at ₹240.00 and closed the day at ₹252.00, up 21.74% on the ₹207 issue price.
Who is the registrar of the Vraj Iron & Steel IPO?
Bigshare Services handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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