Get everything you need to know about the Vraj Iron and Steel IPO. Explore Vraj Iron and Steel IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Vraj Iron and Steel Limited is a prominent player in the steel manufacturing industry, specializing in the production of sponge iron, M.S. billets, and TMT bars under the brand name "Vraj." The company operates through two manufacturing plants located in Raipur and Bilaspur, Chhattisgarh, covering a total area of 52.93 acres. As of December 31, 2023, the combined installed capacity of these plants was 231,600 tons per annum (TPA), with plans to expand to 500,100 TPA by 2025. Additionally, Vraj Iron and Steel owns a captive power plant in Raipur with an installed capacity of 5 MW, which is set to increase to 20 MW.
Key Points:
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Fields | Details |
---|---|
IPO Dates | 26 Jun - 28 Jun 2024 |
IPO Price Band | ₹ 195 – 207 per share |
Fresh Issue | ₹ 171 crore |
Offer For Sale | NA |
Total IPO Size | ₹ 171 crore |
Face Value | ₹ 10 |
Listing On | BSE, NSE |
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
Event | Date |
---|---|
IPO Opening Date | 26 Jun 2024 |
IPO Closing Date | 28 Jun 2024 |
Basis Of Allotment | 01 Jul 2024 |
Refunds | 02 Jul 2024 |
Demat Transfer | 02 Jul 2024 |
IPO Listing Date | 03 Jul 2024 |
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
---|---|---|---|---|
Total Income | 290.93 | 414.38 | 517.42 | 304.81 |
Total Expenses | 276.53 | 377.20 | 448.42 | 249.09 |
Net Profit/Loss | 10.99 | 28.70 | 54.0 | 44.58 |
NPM (*) | 3.78 | 6.93 | 10.47 | 14.79 |
Total Assets | 126.33 | 150.77 | 191.54 | 253.05 |
Total Liabilities | 68.54 | 63.64 | 50.62 | 65.55 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹ cr)
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
---|---|---|---|---|
EPS | 4.44 | 11.61 | 21.84 | 18.03 |
ROE (%) | 19.01 | 32.94 | 38.32 | 23.78 |
ROCE (%) | 20.68 | 32.14 | 44.98 | 25.34 |
D/E Ratio | 0.82 | 0.51 | 0.17 | 0.27 |
Current Ratio | 1.22 | 1.73 | 2.88 | 4.55 |
EBITDA MARGIN (%) | 10.01 | 11.99 | 15.77 | 21.61 |
* Compiled from DRHP/RHP for valuation purposes.
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
Name | Revenue | P/E | EPS | RoNW | NAV |
---|---|---|---|---|---|
Vraj Iron & Steel Limited | 515.67 | 9.48 | 21.84 | 38.32 | 285 |
Sarda Energy and Minerals Limited | 4,211.90 | 15.30 | 169.94 | 17.71 | 967.72 |
Godawari Power and Ispat Limited | 5,753.04 | 16.14 | 61.16 | 20.31 | 277.09 |
Shyam Metalics and Energy Limited | 12,610.18 | 18.56 | 33.26 | 11.85 | 280.79 |
* Revenue in (₹ cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Investor Type | Subscribed |
---|---|
Qualified Institutional Buyer (QIB) | 173.99 |
Non-Institutional Investor (NII) | 221.66 |
Retail Individual Investor (RII) | 58.31 |
Total | 126.36 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
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Vraj Iron and Steel Limited
First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, Chhattisgarh, India, 492001.
Phone: +91-771-4059002
Email: info@vrajtmt.in
Website: www.vrajtmt.in