21
Jun
11:21
Vraj IPO to open on 26 June
Indian steel manufacturer, Vraj Iron and Steel’s initial public offering (IPO) is set to open on 26 June. It has set its price band in the range of INR 195-207 ($2.33-2.48) per equity share, Kallanish notes. The IPO closes on 28 June, inclusive of both the open and close bid dates.
The IPO will be an entirely fresh issue, with no offer for sale (OFS) component. The public issue size is INR 1.71 billion and comprises of 8,260,870 shares, with a face value of …
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Very good overview of the weekly steel market.
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