IPO Details

About Company

Incorporated in June 2004, Vraj Iron and Steel Limited manufactures Sponge Iron, M.S. Billets, and TMT bars under the brand name Vraj. The company operates two manufacturing plants in Raipur and Bilaspur, Chhattisgarh, spanning a total of 52.93 acres. As of March 31, 2023, these plants have a combined installed capacity of 231,600 tons per year, including both intermediate and final products. Currently, the company has a production capacity of 57,600 TPA of MS Billets, which are used in its rolling mills to manufacture TMT Bars with a production capacity of 54,000 TPA. Vraj Iron and Steel Limited’s product portfolio includes Sponge Iron, TMT Bars, MS Billets, and by-products such as Dolochar, Pellets, and Pig Iron, serving both industrial customers and end-users. The Raipur plant has achieved Environmental Management System Certification under the ISO 14001:2015 standard. As of June 30, 2023, the company employs a workforce of 533 people, including 298 permanent employees—7 at the Registered Office, 200 at the Raipur Plant, 87 at the Bilaspur Plant—and 235 contract workers.