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Vraj Iron and Steel IPO allotment today: Here's how you can check status

Through the Vraj Iron and Steel IPO, the company proposes to utilise the net proceeds towards funding for its capital expenditure requirement.

Updated on: Jul 01, 2024 12:28 PM IST
By HT News Desk
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The allotment status of Vraj Iron and Steel IPO- which received a robust response from investors- will be finalised today (June 1). The IPO which closed last week was subscribed over 100 times. Through the IPO, the company proposes to utilise the net proceeds towards funding for its capital expenditure requirement and the expansion of project at Bilaspur Plant as well as for general corporate purposes.

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Vraj Iron and Steel IPO allotment: For those who have invested in the IPO, you can check the status of share allotment on the BSE or by logging in to the registrar website.
Vraj Iron and Steel IPO allotment: For those who have invested in the IPO, you can check the status of share allotment on the BSE or by logging in to the registrar website.

The Chhattisgarh based company is engaged in manufacturing of Sponge Iron, M S Billets, and TMT bars under the brand Vraj and operates through two manufacturing plants which are located at Raipur and Bilaspur in Chhattisgarh spread across 52.93 acres. The book running lead manager of the IPO is Aryaman Financial Services.

Read more: Mahindra & Mahindra sales rise 11% to 69,397 units in June

For those who have invested in the IPO, you can check the status of share allotment on the BSE or by logging in to the registrar website.

Vraj Iron and Steel IPO allotment: How to check status on BSE

  1. Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)
  2. Select issue name in the drop down menu
  3. Enter application number or PAN number and fill the details to check the allotment status

Read more: Akiko Global IPO allotment to be out today: Here's how to check status online

Vraj Iron and Steel IPO allotment: How to check status on registrar website

  1. Visit the Bigshare Services website (https://ipo.bigshareonline.com/IPO_Status.html)
  2. Select Vraj Iron and Steel IPO
  3. Enter PAN details
  4. Click search to know the IPO allotment status

 
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HT News Desk

Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.

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