Vraj Iron and Steel lists at 16% premium to IPO price at ₹240

Vraj Iron and Steel shares debuted on stock exchanges on July 3 (Wednesday) and were listed at ₹240, marking a premium of over 15.9% over its issue price of ₹207. The ₹171-crore IPO was open for subscription from June 26 to June 28 with a price band of ₹195-207 per share. The issue had been subscribed 119.04 times.