Vraj Iron and Steel's ₹171 crore IPO saw strong demand, with 119 times subscription, and the allotment has been finalized on July 1. The shares will be credited to demat accounts on July 2, and refunds will be initiated for unsuccessful investors. The IPO was priced at ₹195-207 per share. The GMP is ₹75, indicating a possible listing price of ₹282, a 36.23% premium.
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