Vraj Iron and Steel Ltd is scheduled to hit the market on June 26, 2024 and close on June 28, 2024. Vraj Iron and Steel Ltd plans to raise around ₹171.00 Cr through an IPO with a sale of up to 82,60,870 equity shares with a face value of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.
vraj iron and steel ltd. iPO GMP (gray market premium)
| GMP Date | IPO Price | GMP | Expected Listing Gain | Last Updated |
|---|---|---|---|---|
| 21 June 2024 | ₹195-₹207 | ₹20 | ₹227(9.66%) | 21 June 5:30 PM |
vraj iron and steel ltd. IPO – Important Dates
| IPO Activity | Date |
|---|---|
| IPO Open Date* | 26th June 2024 |
| IPO Close Date* | 28th June 2024 |
| Basis of Allotment Date* | 1st July 2024 |
| Refunds Initiation* | 2nd July 2024 |
| Credit of Shares to Demat* | 2nd July 2024 |
| IPO Listing Date* | 3rd July 2024 |
vraj iron and steel ltd. IPO – Lots Size & price
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 72 | ₹14,904 |
| Retail (Max) | 13 | 936 | ₹1,98,752 |
| S-HNI (Min) | 14 | 1008 | ₹2,08,656 |
| S-HNI (Max) | 67 | 4824 | ₹9,98,568 |
| B-HNI (Min) | 68 | 4896 | ₹10,13,472 |