Vraj Iron and Steel Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹195 - ₹207
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Vraj Iron and Steel Limited IPO
Vraj Iron and Steel Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 26 Jun 2024 and concluded on 28 Jun 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹195 - ₹207.
During the bidding window, Vraj Iron and Steel Limited witnessed heavy demand with an overall subscription of 119.04 times. Institutional investors (QIB) subscribed 163.9x, non-institutional high-net-worth investors (NII) subscribed 208.81x, and retail individual investors (RII) bid 54.93x their reserved quota.
The equity shares of Vraj Iron and Steel Limited officially debuted on the stock exchanges on 03 Jul 2024 at an opening listing price of ₹240, delivering a listing day return of +15.94% (premium) over the final issue price. As per the latest market data, the stock trades at ₹120.17, representing an overall decline of -41.95% since its IPO allotment.