Issue Open Date
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26-Jun-24
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Issue Closing Date
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28-Jun-24
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Application Money
|
100
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Allotment Money
|
|
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Price Band (Rs.)
|
195-207
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Minimum Bid Quantity.
|
72
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Issue Size (Shares)
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6138462
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Market Lot
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1
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Objective :
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1) Funding for Capital Expenditure towards the “Expansion Project” at Bilaspur Plant:a) Repayment or prepayment of borrowings from HDFC Bank obtained by our Company for the capital expenditure towards the “Expansion Project” at Bilaspur Plant; andb) Capital expenditure towards the “Expansion Project” at Bilaspur Plant.2) General Corporate Purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
|
Bid For
|
|
Non-Institutional Investors
|
1315385
|
274668192
|
208.81
|
Qualified Institutional Buyers
|
1753846
|
287463888
|
163.9
|
Retail Individual Investors
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1753846
|
287463888
|
163.9
|
|
|
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Business Description
Our Company is engaged in manufacturing of Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj. We currently operate through two manufacturing plants which are located at Raipur and Bilaspur in Chhattisgarh spread across 52.93 acres. As of March 31, 2
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Promoter's Holding
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Total Share Capital
|
24721720
|
Offered to Public
|
8260869
|
Promoter's Holding (Pre-Issue)
|
99.99
|
Promoter's Holding (Post-Issue)
|
74.95
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More..
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Address
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First Floor Plot No 63 & 66 Ph No 113 Mother Teresa Ward No. 43 Jalvihar Colony
Raipur
,
Chhattisgarh
,
492001
Phone :
0771-4059002
Email :
info@vrajtmt.in
Website :
www.vrajtmt.in
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Registrar
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Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at
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BSE, NSE
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Lead Manager
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Aryaman Financial Services Ltd.
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Promoters
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Bhinaswar Commercial Pvt Ltd. Gopal Sponge and Power Pvt Ltd Kirti Ispat Pvt Ltd. Kusum Lata Maheshwari Utkal Ispat Pvt Ltd. V. A. Transport Pvt Ltd Vijay Anand Jhanwar
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