1.Company Information

Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj. The company runs two manufacturing plants in Raipur and Bilaspur, Chhattisgarh, covering 52.93 acres. As of March 31, 2023, the total installed capacity of the manufacturing plants was 231,600 tons per year, including intermediate and final products.
The company currently has a production capacity of 57,600 TPA of MS Billets, which its rolling mills can use to manufacture TMT Bars with a production capacity of 54,000 TPA.
The company's product portfolio comprises offerings such as Sponge Irons, TMT Bars, MS Billets, and by-products Dolochar, Pellets, and Pig Iron, which cater to a mix of industrial customers and end-users.

2. Objects of the Issue

1.Funding for Capital Expenditure towards the "Expansion Project" at Bilaspur Plant:
2. Repayment or prepayment of borrowings from HDFC Bank obtained by the company for the capital expenditure towards the "Expansion Project" at Bilaspur Plant; and
3.Capital expenditure towards the "Expansion Project" at Bilaspur Plant.

3.Vraj Iron and Steel IPO Registrar

Bigshare Services Pvt Ltd

Phone:+91-22-6263 8200

Email: ipo@bigshareonline.com

Website:Website: https://ipo.bigshareonline.com/ipo_status.html