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Vraj Iron and Steel Limited IPO Subscription Status

📅Offer Date: 26 Jun 2024 – 28 Jun 2024

Minimum investment
₹14,90472 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total126.36x
QIB173.99x
NII221.66x
Retail58.31x

Vraj Iron and Steel Limited IPO was subscribed 126.36x in total when bidding closed on 28 Jun 2024, with 173.99x in the QIB category, 221.66x in NII, 58.31x in retail. The issue ran from 26 Jun 2024 to 28 Jun 2024 at a price band of ₹195.00–₹207.00 per share.

QIB173.99xNII221.66xRetail58.31xTotal126.36x1×

Times subscribed by category against the 1× line.

59
≈ 1 in 59 retail allotment
low allotment chance

Based on retail subscription (58.31x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs16,52,17428,74,61,754173.99x
NIIs12,39,13027,46,65,556221.66x
SNIIs (<10L)4,13,0439,49,95,760229.99x
BNIIs (>10L)8,26,08717,96,73,923217.50x
Retail28,91,30516,85,91,99558.31x
Total57,82,60973,06,90,473126.36x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs34.205950.46173.99x
NIIs25.655685.58221.66x
Retail59.853489.8558.31x
Total119.7015125.89126.36x

Values derived from share count × issue price (₹207.00)

What this means for allotment & listing

Because Vraj Iron and Steel Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Vraj Iron and Steel Limited IPO subscription FAQs