Vraj Iron and Steel IPO Subscription Status – IPO Closed

Vraj Iron and Steel IPO subscription status started on Wednesday June 26, 2024 and will close on June 28, 2024. Vraj Iron and Steel IPO to raise around ₹171 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹195 to ₹207 per equity share.

Vraj Iron and Stee IPO

Table of Contents


The Vraj Iron and Steel IPO minimum market lot is 72 shares with ₹14,904 application amount. The Vraj Iron and Steel IPO is a Mainline IPO, and it is to be listed on BSE and NSE.

Vraj Iron and Steel is engaged in the manufacturing of Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj. They currently operate through two manufacturing plants which are located at Raipur and Bilaspur in Chhattisgarh spread across 52.93 acres. As of March 31, 2023, the aggregate installed capacity of their manufacturing plants was 2,31,600 tons per annum (TPA) (comprising intermediate and final products).   They are in the process of increasing the capacities of their existing manufacturing plants and captive power plant, which is expected to increase their aggregate installed capacity (comprising of intermediate and final products) from 2,31,600 TPA to 5,00,100 TPA and captive power plants aggregate installed capacity from 5 MW to 20 MW. 


IPOWatch View

We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Vraj Iron and Steel IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB0.650.97173.99
NII3.7834.59221.66
bNII2.8329.63217.50
sNII5.6544.51229.99
RII5.5420.7158.31
Total3.7718.04126.36


Vraj Iron and Steel IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Vraj Iron and Steel IPO Review

  • May Apply

Vraj Iron and Steel IPO Form

How to apply for the Vraj Iron and Steel IPO? You can apply for Vraj Iron and Steel IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vraj Iron and Steel IPO in the Invest section. The other option is you can apply for Vraj Iron and Steel IPO via IPO forms downloaded online. Check out the Vraj Iron and Steel forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Vraj Iron and Steel IPO Subscription Status FAQs:


When Vraj Iron and Steel IPO Subscription will start?

The IPO subscription starts on June 26, 2024 for NII, and Retail Investors.

How to subscribe Vraj Iron and Steel IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Vraj Iron and Steel IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Vraj Iron and Steel IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vraj Iron and Steel “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Vraj Iron and Steel IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vraj Iron and Steel “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Vraj Iron and Steel IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vraj Iron and Steel ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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