ListedMainboardVRAJ
Vraj Iron and Steel Limited
Vraj Iron and Steel Limited is a mainboard IPO raising ₹171 Cr at ₹195 – ₹207 a share. It listed on 3 Jul 2024 and trades at ₹126 today, −39.1% against its issue price of ₹207. It was subscribed 119× in total.
₹207
Issue price
₹126
Price now
−39.1%
Since issue price
3 Jul 2024
Listed on
119×Subscribed (final) · all exchanges
119.0 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹195 – ₹207
Cut-off price₹207
Issue size₹171 Cr
Shares per lot72
Minimum application₹14,904
Minimum quantity72
Face value₹10
Listing exchanges—
ISININE0S2V01010
Bidding hours10:00 – 17:00 IST
Bidding window26 Jun 2024 – 28 Jun 2024
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.