'Vraj Iron & Steel Limited' was originally incorporated as 'Phil Ispat Private Limited' as a private limited company dated June 16, 2004. Thereafter, the Company changed the name to 'Vraj Iron & Steel Private Limited' and a fresh certificate of incorporation dated October 30, 2023 was issued by Registrar of Companies, Chhattisgarh. Subsequently, Company was converted to a public limited company and the name of the Company was changed to 'Vraj Iron & Steel Limited' dated October 31, 2023.
The Company is engaged in manufacturing of Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj. It currently operate through two manufacturing plants which are located at Raipur and Bilaspur in Chhattisgarh spread across 52.93 acres. It primarily focus on manufacturing three main products, sp ...onge iron, MS Billets and TMT Bars.
The Company acquired a plant for manufacturing of Sponge Iron, MS Billets and TMT Bars at Raipur, as a going concern via slump sale basis in March, 2020. The Company had chosen Bilaspur Plant to do the capacity expansion mainly due to lack of manufacturing facility for MS Billets &lack of Power Plant to reduce the cost and availability on existing land in the Bilaspur Plant & thereby no additional cost is to be incurred for the Land & Site Development for this Expansion. By doing the expansion at Bilaspur Plant, the Company was able to reduce the cost of the
project and improve the margin.
The Company launched the Initial Public Offering by issuing 8,260,869 equity shares of face value Rs 10 each and raised funds aggregating to Rs 171 crores on 28 June, 2024.
1. Can I buy Vraj Iron & Steel Ltd from PL Capital? ›
Yes, you can invest in Vraj Iron & Steel Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Vraj Iron & Steel Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Vraj Iron & Steel Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Vraj Iron & Steel Ltd pay dividends? ›
Vraj Iron & Steel Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Vraj Iron & Steel Ltd ? ›
As of
16-01-2026 the share price for Vraj Iron & Steel Ltd. is 133.14 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Vraj Iron & Steel Ltd ? ›
The 52-week high and low of Vraj Iron & Steel Ltd share price is ₹ 121 - ₹ 213 as of
16-01-2026 .
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