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Vraj Iron and Steel

Vraj Iron and Steel Limited, incorporated in June 2004, is a leading manufacturer of Sponge Iron, M.S. Billets, and TMT bars under the Vraj brand. The company operates two manufacturing plants in Raipur and Bilaspur, Chhattisgarh, spanning 52.93 acres, with a total installed capacity of 231,600 TPA as of March 31, 2023. Its production capacity includes 57,600 TPA of MS Billets, which feed its rolling mills to produce TMT Bars with a capacity of 54,000 TPA. Vraj's diverse product portfolio consists of Sponge Iron, TMT Bars, MS Billets, and by-products like Dolochar, Pellets, and Pig Iron, catering to industrial clients and end-users. The Raipur Plant holds ISO 14001:2015 Environmental Management System Certification, reflecting its commitment to sustainability. As of June 30, 2023, the company employs 533 personnel, including 298 permanent employees and 235 contract workers, spread across its registered office and manufacturing plants.

₹195 - ₹207126.36x sub
Listed Price₹240.00
Listing Gain+15.94%

Subscription Status

126.36xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB173.99x
🔥 Blockbuster Sizzling Demand!Offered: 16,52,174 sh
Nib221.66x
🔥 Blockbuster Sizzling Demand!Offered: 12,39,131 sh
Hnis(10l +)217.50x
🔥 Blockbuster Sizzling Demand!Offered: 8,26,088 sh
Hnis (2-10l)229.99x
🔥 Blockbuster Sizzling Demand!Offered: 4,13,043 sh
Retail58.31x
🔥 Blockbuster Sizzling Demand!Offered: 28,91,305 sh
CategoryOfferedAppliedTimes
QIB16,52,17428,74,63,888173.99x
Nib12,39,13127,46,69,200221.66x
Hnis(10l +)8,26,08817,96,71,680217.5x
Hnis (2-10l)4,13,0439,49,97,520229.99x
Retail28,91,30516,85,80,22458.31x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB5,950.534.2173.99x
Retail3,489.6159.8558.31x
Hnis 2+1,966.458.55229.99x
Hnis 10+3,719.217.1217.50x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
Hnis (10l+) 82033,59840.97x
Hnis (2-10l) 41089,252217.69x
Retail40,15721,04,49252.41x
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About Vraj Iron and Steel IPO Subscription Demand

Live subscription status and bidding analysis for Vraj Iron and Steel (VRAJ) IPO. The issue is subscribed 126.36x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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