Vraj Iron IPO Subscription Details

Bookbuilding IPO | ₹171 Cr | Listed at BSE, NSE | Wed, Jun 26, 2024 - Fri, Jun 28, 2024

Basis of Allotment - Vraj Iron IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)16,52,17424,78,25941,30,4334,13,0438,26,08812,39,13128,91,30582,60,869
Allotment price (Rs.)207207207207207207207207
No.of applications113611989,08834,1051,23,19317,95,09119,18,403
No.of shares applied28,51,85,80836,23,40028,88,09,2089,51,30,21617,93,57,40027,44,87,61616,63,94,37672,96,91,200
Amount collected (Rs.cr.)5,903.35 75.00 5,978.35 1,969.20 3,712.70 5,681.89 3,444.36 15,104.61
No.of times subscribed172.611.4669.92230.32217.12221.5257.5588.33
No.of shares allotted16,52,17424,78,25941,30,4334,13,0438,26,08812,39,13128,91,30582,60,869
Amount (Rs.cr.)34.20 51.30 85.50 8.55 17.10 25.65 59.85 171.00
No.of allottees11361194098191,22840,15741,504

IPO Shares Offered

Vraj Iron IPO is a public issue of 0.83 Cr equity shares. The issue offers 0.29 Cr shares to retail investors, 0.41 Cr shares to qualified institutional buyers, and 0.12 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 41,30,43385.50 50.00%
    Anchor 24,78,259 51.30 30.00%
    QIB (Ex Anchor) 16,52,174 34.20 20.00%
NII 12,39,13125.65 15.00%
    bNII (> ₹10L)8,26,08817.10 10.00%
    sNII (< ₹10L)4,13,0438.55 5.00%
Retail28,91,30559.85 35.00%
Total82,60,869171.00 100%

Vraj Iron IPO Anchor Investor Allocation

A total of 24,78,259 shares at a price of Rs 207 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 25, 2024
Anchor investor price₹207.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days12,39,130
No. of shares locked-in for 90 days12,39,130
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 VOLRADO VENTURE PARTNERS FUND IV VOLRADO 12,07,800 25.00 48.74 14.62
2 ASHIKA GLOBAL SECURITIES LTD. ASHIKA GLOBAL SECURITIES 3,04,219 6.30 12.28 3.68
3 CAPRI GLOBAL HOUSING FINANCE LTD. CAPRI 2,41,560 5.00 9.75 2.92
4 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,41,560 5.00 9.75 2.92
5 LEADING LIGHT FUND VCC-THE TRIUMPH FUND LEADING LIGHT FUND VCC 2,41,560 5.00 9.75 2.92
6 ASTORNE CAPITAL VCC-ARVEN ASTORNE CAPITAL 2,41,560 5.00 9.75 2.92
24,78,25951.3010030.00

IPO Subscription FAQs

The Vraj Iron IPO is subscribed 126.36 times by Jun 28, 2024 18:19.

Vraj Iron IPO Subscription

Investor Category Subscription (times)
Qualified Institutional173.99
Non Institutional221.66
Retail Individual58.31
Total Subscription126.36

Retail category of Vraj Iron IPO subscribed 58.31 times as of date Jun 28, 2024 18:19. The public issue closes on Fri, Jun 28, 2024 for bidding.

An investor can apply in Vraj Iron IPO online via bank (using ASBA) or the broker (using UPI). The Vraj Iron IPO shares are offered online only.

The Vraj Iron IPO is subscribed 126.36 times by Jun 28, 2024 18:19.

The Vraj Iron IPO allotment status is expected on or around Monday, July 1, 2024. Visit Vraj Iron IPO allotment status to check.

The Vraj Iron IPO listing date is July 3, 2024. The equity share of Vraj Iron IPO will list on BSE, NSE.

Visit Vraj Iron IPO subscription status page for real-time bidding information about Vraj Iron IPO.

Vraj Iron IPO Timetable

IPO opens OnWednesday, June 26, 2024
IPO Closes OnFriday, June 28, 2024
Finalisation of Basis of AllotmentMonday, July 1, 2024
Initiation of RefundsTuesday, July 2, 2024
Credit of Shares to Demat AccountTuesday, July 2, 2024
IPO Listing DateWednesday, July 3, 2024
Open an Instant Account with Zerodha