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About Vraj Iron & Steel Ltd
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"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, sponge 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.
Vraj Iron & Steel share price as on 19 Jan 2026 is Rs. 133.14. Over the past 6 months, the Vraj Iron & Steel share price has decreased by 20.52% and in the last one year, it has decreased by 31.65%. The 52-week low for Vraj Iron & Steel share price was Rs. 121 and 52-week high was Rs. 213.
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Vraj Iron & Steel Ltd FAQs
You can buy Vraj Iron & Steel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Vraj Iron & Steel Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 16, 2026 03:44 PM the closing price of Vraj Iron & Steel Ltd was Rs.133.14.
The latest PE ratio of Vraj Iron & Steel Ltd as of Jan 16, 2026 03:44 PM is 13.09
The latest PB ratio of Vraj Iron & Steel Ltd as of Jan 16, 2026 03:44 PM is 1.06
The 52-week high of Vraj Iron & Steel Ltd share price is Rs. 213.00 while the 52-week low is Rs. 121.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jan 16, 2026 03:44 PM, the market cap of Vraj Iron & Steel Ltd stood at Rs. 439.14 Cr.
Market Outlook
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