Vraj Iron & Steel Ltd - IPO

Vraj Iron & Steel Ltd IPO Details

Initial public offering of up to 8,260,869^ equity shares of face value of Rs. 10 each (Equity Shares) of Vraj Iron and Steel Limited (The Company or the Issuer) for cash at a price of Rs. 207 per equity share (including a premium of Rs. 197 per equity share) (Issue Price) aggregating to Rs. 171.00^ crores (The Issue). The issue will constitute 25.05 % of the post-issue paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the issue price is 20.70 times the face value of the equity shares.

Objective of issue

Expansion Project at Bilaspur Plant. General Corporate Purposes.

Vraj Iron & Steel Ltd Contact Details

Vraj Iron & Steel Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@vrajtmt.in

Website - www.vrajtmt.in