Vraj Iron and Steel IPO allotment – How to check allotment, IPO GMP, listing date and more

• Vraj Iron and Steel is expected to announce its share allotment status on Monday, July 1.
• The shares of Vraj Iron and Steel were subscribed 119.04 times.
• The shares are expected to be listed on the stock exchanges on July 3.

Raipur-based Vraj Iron and Steel, a manufacturer of sponge iron, M.S. billets, and TMT bars is expected to announce the allotment status of its initial public offering (IPO) on Monday, July 1.

The Vraj Iron and Steel IPO opened on June 26 and closed on June 28. The price band for the IPO was ₹195 to ₹207 per share.

Vraj Iron and Steel IPO subscription

On the last day, the Vraj Iron and Steel IPO was subscribed 119.04 times, receiving bids for 73.07 crore equity shares against 61.38 lakh shares on offer.

While the qualified institutional buyer portion was subscribed 163.90 times, the non-institutional investors portion was subscribed 208.81 times. The retail portion also witnessed excellent participation and was subscribed 54.93 times.

Vraj Iron and Steel IPO grey market premium

The shares of Vraj Iron and Steel are currently commanding a grey market premium (GMP) of ₹90 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Vraj Iron and Steel IPO allotment status

You can check the allotment status on the registrar’s website.

• To check the Vraj Iron and Steel IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Vraj Iron and Steel’.
  
• Now, select PAN, application number, or beneficiary ID and provide the details.
  
• Now, enter the captcha.
  
• Click on “Search”.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Vraj Iron and Steel IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Vraj Iron and Steel’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Vraj Iron and Steel IPO listing date

The shares of Vraj Iron and Steel will be listed on the stock exchanges on July 3.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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