Get the latest scoop on Vraj Iron and Steel IPO listings, allotment dates, and stock market debut news!
Investors are buzzing with anticipation as Vraj Iron and Steel gears up for its stock market debut tomorrow after an impressive subscription rate of 119 times during the bidding phase. The IPO, which was open for bidding from June 26 to June 28, has garnered significant attention from institutional investors. The Raipur-based company's shares were offered in a fixed price band, attracting strong interest from the market.
Vraj Iron and Steel Ltd, known for its production of sponge iron and TMT bars, is set to announce the IPO allotment on July 1. The company plans to list its shares on both BSE and NSE, with the raised capital slated for the expansion of its Bilaspur plant. With high expectations for the allotment process, investors are eagerly awaiting the listing date to capitalize on the potential gains.
Market analysts predict a promising debut for Vraj Iron and Steel, projecting over 30% gains on July 2. Factors contributing to the positive outlook include robust subscription demand, favorable earnings, reasonable valuation, and promising business prospects amidst a supportive sector environment. Additionally, pre-listing market activities indicate a strong premium for Vraj Iron and Steel shares, hinting at a potentially lucrative start in the stock market.
In the lead-up to the IPO listing, Vraj Iron and Steel shares have been trading at a premium of โน67 in the unlisted market, indicating investor confidence and anticipation for a successful market entry. As excitement builds for the upcoming debut, all eyes are on Vraj Iron and Steel's performance and the impact of its IPO on the market.
With strong support from institutional investors, Vraj Iron and Steel IPO subscription status was 119 times on the final day of bidding on Friday, June 28. The ...
The IPO of Vraj Iron and Steel was open for bidding June 26 and June 28 as the Raipur-based company had offered its shares in the fixed price band of Rs ...
Once Vraj Iron and Steel Ltd, a manufacturer of sponge iron and TMT bars, finalises the basis of allotment of IPO, shares will be listed on both BSE and NSE ...
Vraj Iron & Steel IPO allotment Listing Date: The company will be using the raised money to fund capital expenditure of Bilaspur plant expansion, ...
Vraj Iron and Steel IPO GMP today: While subscription closed on June 28, 2024, its allotment date was June 1. Here's how to check Vraj Iron IPO GMP today.
The subscription for the initial public offering (IPO) of Vraj Iron and Steel closed on June 28. The issue got subscribed 119.04 times on the closing day of ...
Vraj Iron and Steel IPO | Robust subscription demand for IPO, positive earnings, reasonable valuation, healthy business prospects and sector tailwind are ...
Ahead of its debut, Vraj Iron and Steel shares were trading at a premium of โน67 in the unlisted market.
Vraj Iron and Steel IPO Share Listing Prediction: In the unlisted market, the company's shares are trading at a robust premium, indicating a good listing ...
The IPO of Vraj Iron and Steel was open for bidding June 26 and June 28 as the Raipur-based company had offered its shares in the fixed price band of Rs ...
Vraj Iron and Steel IPO listing today with strong response, high subscription, and potential for significant gains.
Vraj Iron and Steel IPO listing date set for today at 10:00 IST. Shares to list in pre-open session on both BSE and NSE. Equity shares to be listed on BSE ...
The company's initial public offering (IPO) garnered significant attention, with investors picking up 73.07 Crore equity shares, 119.04 times higher than the ...
Vraj Iron and Steel's strong listing surge correlates with its exceptional 126.36 times subscription rate, reflecting robust investor confidence.
The Rs 171-crore initial public offering (IPO) saw remarkable investor interest over three days, being subscribed 119.04 times.
Vraj Iron and Steel made a healthy stock market debut on Wednesday, July 3, with its shares listing at โน240 on both the exchanges, a premium of 33% over ...
Vraj Iron and Steel listing: The shares opened at Rs 240 on both NSE and BSE, at a 16% premium from the issue price of Rs 207.
Ahead of its listing, shares of Vraj Iron and Steel were commanding a grey market premium of Rs 50 apiece, suggesting a listing pop of 24 per cent to the ...
Vraj Iron and Steel's shares listed at Rs 240, recording a jump of 15.94 per cent on both the BSE and NSE. Later, it zoomed 21.71 per cent to Rs 251.95 on ...
Vraj Iron and Steel listed at Rs 240 apiece on both the BSE and NSE, marking a premium of 15.94 per cent over its IPO price of Rs 207 per share.