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IPO Details

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Start date

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Allotment of bids

Refund Initiation

Listing on exchange

Initial public offering of up to [] 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. [] per equity share (including a premium of Rs. [] per equity share) (Issue Price) aggregating up to Rs. 171.00 crores (The Issue). The issue will constitute [] % of its post-issue paid-up equity share capital. The company in consultation with the book running lead manager, may consider a pre-ipo placement of its up to [] equity shares, for cash consideration aggregating up to Rs. 34.00 crores (pre-ipo placement) with the roc subject to receipt of requisite approvals. The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead manager. if the pre-ipo placement is undertaken, the number of equity shares issued pursuant to the pre-ipo placement shall be reduced from the issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The face value of the equity shares is Rs. 10 each and the issue price is [] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

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Here are the steps to apply for Vraj Iron & Steel Ltd IPO:

Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.

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