
Metals & Mining · NSE / BSE
Vraj Iron and Steel Limited, incorporated in June 2004, is a leading manufacturer of Sponge Iron, M.S. Billets, and TMT bars under the Vraj brand. The company operates two manufacturing plants in Raipur and Bilaspur, Chhattisgarh, spanning 52.93 acres, with a total installed capacity of 231,600 TPA as of March 31, 2023. Its production capacity includes 57,600 TPA of MS Billets, which feed its rolling mills to produce TMT Bars with a capacity of 54,000 TPA. Vraj's diverse product portfolio consists of Sponge Iron, TMT Bars, MS Billets, and by-products like Dolochar, Pellets, and Pig Iron, catering to industrial clients and end-users. The Raipur Plant holds ISO 14001:2015 Environmental Management System Certification, reflecting its commitment to sustainability. As of June 30, 2023, the company employs 533 personnel, including 298 permanent employees and 235 contract workers, spread across its registered office and manufacturing plants.
Price Band
₹195 – ₹207
Issue Size
₹171 Cr
Lot Size
72 shares
GMP
+24.1%
Est. Listing
₹257
at current GMP
Subscribed
126.36x
overall
Open
26 Jun 2024
Close
28 Jun 2024
Allotment
1 Jul 2024
Refund
2 Jul 2024
Demat Credit
3 Jul 2024
Listing
3 Jul 2024