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IPO Synopsis

Vraj Iron & Steel Ltd
  • Registered Office: 1st Flr Plot #63 & 66 PH # 113,M.Ter.Ward #43 Jalvihar Colony, Raipur - 492001, Chattisgarh, India.
  • Phone : +91 771 4059002   Fax:
  • Email : info@vrajtmt.in
  • Website :www.vrajtmt.in
Initial public offering of up to 8,260,869^ equity shares of face value of Rs. 10 each ("Equity Shares") of Vraj Iron and Steel Limited ("The Company" or the "Issuer") for cash at a price of Rs. 207 per equity share (including a premium of Rs. 197 per equity share) ("Issue Price") aggregating to Rs. 171.00^ crores ("The Issue"). The issue will constitute 25.05 % of the post-issue paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the issue price is 20.70 times the face value of the equity shares.
Issue
Opens On Closes On
26-Jun-24 28-Jun-24
Money Payable On
Application Allotment
207.00 0.00
Minimum Application for shares in Nos : 72 Further Multiples of : 72
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 152.29 Aryaman Financial Services Ltd
Project Financed through Current Offer (.Cr) 171.00  
Post Issue Equity Share Capital (.Cr) 32.98
Issue Price () 207.00
Projects
Expansion Project at Bilaspur Plant
General Corporate Purposes
Promoted By
Gopal Sponge & Power Pvt Ltd
V.A.Transport Pvt Ltd
Vijay Anand Jhanwar
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
Top
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