URL copied to clipboard

Trending News

Vraj Iron and Steel IPO GMP Today, Price Range and Company Details

Vraj Iron and Steel Limited IPO is at ₹53 grey market premium (GMP), priced ₹195 to ₹207 per share with a lot size of 72 shares. Subscription window open from June 26 to June 28, 2024.
Vraj Iron and Steel IPO GMP Today, Price Range and Company Details

As of June 25, 2024, Vraj Iron and Steel IPO has ₹53 as Grey Market Premium, with a price band of ₹195 to ₹207 per share. Offering lots of 72 shares, the subscription window is open from June 26 to June 28, 2024.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

Vraj Iron and Steel Limited IPO GMP Today

The Grey Market Premium (GMP) for Vraj Iron and Steel IPO is ₹53 as of June 25, 2024. This assessment coincides with a price range of ₹195 to ₹207 per share for the IPO.

Vraj Iron and Steel Limited IPO Review

Vraj Iron and Steel Limited’s revenue grew from ₹4,140.43 million in March 2022 to ₹5,156.71 million in March 2023, with the current 9-month period ending December 2023 at ₹3,013.21 million. Equity consistently increased, but the debt-equity ratio also rose, indicating higher debt reliance. PAT significantly improved from ₹287.04 million to ₹445.80 million by December 2023.

Financial ratios show mixed trends, with diluted EPS rising from ₹11.61 to ₹18.03, but RoNW decreasing from 32.94% to 23.78%. Despite total asset growth suggesting business expansion, the increased current ratio and decreased Inventory Turnover Ratio point to potential liquidity challenges and slower sales or inefficient inventory management.

To get a full IPO review, click here Vraj Iron and Steel Limited IPO Review

Vraj Iron and Steel Limited IPO Date

Vraj Iron and Steel Limited will start accepting subscriptions from June 26, 2024, to June 28, 2024

Vraj Iron and Steel Limited IPO Price

Vraj Iron and Steel Limited IPO price range is ₹195 to ₹207 per share with a face value of ₹10 each.

Vraj Iron and Steel Limited

Vraj Iron and Steel Limited produces Sponge Irons, M.S. Billets, and TMT bars, serving various industrial and consumer markets. Operating in Raipur and Bilaspur, Chhattisgarh, they plan to expand capacity from 231,600 TPA to 500,100 TPA by FY 2025-26. The company sells directly and through intermediaries, maintaining environmental standards with ISO 14001:2015 certification for their Raipur plant.

How To Apply For Vraj Iron and Steel Limited IPO?

To apply for Vraj Iron and Steel Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Vraj Iron and Steel Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Vraj Iron and Steel Limited IPO at Alice Blue in just a few clicks!

Loading
Read More News
शीर्ष प्रदर्शन करने वाले: Vedanta और 9 अन्य स्टॉक्स ने इस सप्ताह शानदार प्रदर्शन किया!

शीर्ष प्रदर्शन करने वाले: Vedanta और 9 अन्य स्टॉक्स ने इस सप्ताह शानदार प्रदर्शन किया!

दिसंबर 2024 के शीर्ष स्टॉक्स को जानें, जिसमें उच्च प्रदर्शन करने वाले शेयरों, प्रभावी निवेश रणनीतियों, और आपके निवेश

Purple United Sales IPO तीसरे दिन 148.90x सब्सक्रिप्शन के साथ बढ़ा – पूरी जानकारी यहां देखें

Purple United Sales IPO ने तीसरे दिन 148.90x विशाल सब्सक्रिप्शन के साथ समाप्त – पूरी जानकारी प्राप्त करें!

Purple United Sales IPO ने तीसरे दिन 148.90x की प्रभावशाली सब्सक्रिप्शन प्राप्त की, जो मजबूत मांग, सकारात्मक बाजार भावना, और