Vraj Iron and Steel IPO allotment: Step-by-step guide to check status

Vraj Iron and Steel IPO allotment: Step-by-step guide to check status

The initial public offering (IPO) ofVraj Iron and Steel garnered significant interest from investors as the public issue was subscribed over 100 times.

Vraj Iron and Steel IPO was subscribed 126.36 times. The public issue was subscribed 58.31 times by retail investors, 173.99 times by Qualified Institutional Buyers (QIB), and 221.66 times by Non-Institutional Investors(NII) over the course of three days.

The IPO offered 5,782,609 shares up for grabs but saw bidding for 73,07,12,160 shares. The price band for the IPO was set at Rs 195 to Rs 207 per share.

Investors who have bid for the Vraj Iron and Steel IPO can check their allotment status online. They can log in to either the BSE website or the website of Bigshare Services Pvt Ltd, the registrar for the issue.

Steps to check allotment through the BSE website

Go to the BSE websiteby clicking here.

Click on 'Equity'.

Choose 'Vraj Iron and Steel Limited' from the list.

Put in your application number and PAN card ID.

Confirm that you're not a robot and submit.

Steps to check allotment through Kfin Technologies Limited

Visit theBigshare Services Pvt Ltdwebsite.

Select 'Vraj Iron and Steel Limited'.

Choose the Application Number/Demat Account/PAN option and enter the details.

Enter the Captcha.

Click on the 'SUBMIT' option.

Vraj Iron and Steel IPO latest GMP

The latest Grey Market Premium (GMP) for Vraj Iron and Steel IPO is Rs 75, updated as of July 1, 2024, at 08:59 AM.

With a price band set at Rs 207, the projected listing price of Vraj Iron and Steel's IPO is Rs 282 (combining the cap price and today's GMP). This results in an anticipated gain of 36.23% per share.

Shares ofVraj Iron and Steel IPO are expected to list on the BSE and the NSE on Wednesday, July 3, 2024.

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