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Vraj Iron and Steel IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 171.00 Cr. The company is based in Raipur and caters to Steel - Iron sector. Aryaman Financial Services is the merchant banker of Vraj Iron and Steel IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th December 2023.
Vraj Iron and Steel IPO posted revenues of ₹ 406.41 crores and PAT of ₹ 59.44 crores in FY24 on annualised basis.
Revenue:
₹ 401.76 Cr.
EBITDA Margin:
21.60
% 
Net Worth: ₹ 187.50 Cr.
Market Capitalisation:
₹ 682.74 Cr.
P/E:
11.49 times
P/BV: 1.90 times
EV/EBITDA: 8.43 times
Financial results of Vraj Iron and Steel IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 253.05 | 191.54 | 150.77 | 126.33 | |
| Net Worth | 187.50 | 140.92 | 87.14 | 57.79 | |
| Total Debt | 49.30 | 22.98 | 42.51 | 45.78 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
301.32
401.76 |
515.67 | 414.04 | 290.71 | |
EBITDA
EBITDA on annualised basis |
65.10
86.80 |
81.31 | 49.66 | 29.10 | |
PAT
PAT on annualised basis |
44.58
59.44 |
54.00 | 28.70 | 10.99 | |
Vraj Iron and Steel IPO PAT Margin is 14.79 % , ROCE (Return on Capital Employed) is 25.34 % as per latest financial. The below table shows Vraj Iron and Steel IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 21.60 | 15.77 | 11.99 | 10.01 |
| PAT Margin (%) | 14.79 | 10.47 | 6.93 | 3.78 |
| EPS (₹) | 18.03 | 21.84 | 11.61 | 21.84 |
| ROE (%) | 23.78 | 38.32 | 32.94 | 19.02 |
| ROCE (%) | 25.34 | 44.98 | 32.14 | 20.68 |
| ROA (%) | 17.62 | 28.19 | 19.04 | 8.70 |
| Debt to Equity | 0.26 | 0.16 | 0.49 | 0.79 |
The market Capitalisation of Vraj Iron and Steel IPO is ₹ 682.74 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Vraj Iron and Steel IPO prospectus highlights an Return on Equity (ROE) of 23.78 % , Return on Assets (ROA) of 17.62 %, and an EBITDA Margin of 21.60 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Vraj Iron and Steel IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Vraj Iron and Steel IPO is ₹ 682.74 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Vraj Iron and Steel IPO has a Price-to-Earnings (PE) ratio of 11.49 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Vraj Iron and Steel IPO reported revenue of ₹ 406.41 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Vraj Iron and Steel IPO provide insights into sales growth, market demand, and business scalability.
Vraj Iron and Steel recorded an EBITDA of ₹ 86.80 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Vraj Iron and Steel Profit After Tax (PAT) is ₹ 59.44 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 401.76 Cr.
EBITDA Margin:
21.60
%
Net Worth: ₹ 187.50 Cr.
Market Capitalisation:
₹ 682.74 Cr.
P/E:
11.49 times
P/BV: 1.90 times
EV/EBITDA: 8.43 times
Vraj Iron and Steel operates in Steel - Iron and Sponge Iron. The Issue is listed on BSE,NSE in Jul, 2024. Vraj Iron and Steel IPO size was 171.00 with Issue price of 207.00 .
Merchant Banker(s) of Vraj Iron and Steel IPO: Aryaman Financial Services Limited
Vraj Iron and Steel IPO subscription was 126.36 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Vraj Iron and Steel IPO listed at a listing price of 251.95 against the offer price of 207.00.
The current market price of Vraj Iron and Steel is 181.81.
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