Commercial Credit Report for Vraj Iron and Steel Ltd

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	Vraj Iron and Steel Ltd

Phone: +91 7714059002p:+91 7714059002	RAIPUR, 492001 India	Ticker: VRAJVRAJ

Business Summary

Vraj Iron and Steel Limited is an India-based company engaged in manufacturing of sponge iron, mild steel (M.S.) billets, and thermo mechanically treated (TMT) bars under the brand Vraj. Its product includes Sponge Iron, TMT Bar, MS Billets and by-products Dolochar, Pellet and Pig Iron, cater to a mix of customers that consists of industrial customers and end-users. Its MS billets are a semi-finished casting product produced in a steel melting shop that needs to be further processed to transform them into a finished good. Sponge iron is the key raw material required to manufacture high quality steel. It operates through two manufacturing plants which are located at Raipur and Bilaspur in Chhattisgarh spread across 52.93 acres. The aggregate installed capacity of its manufacturing plants is 2,31,600 tons per annum (comprising intermediate and final products). Its manufacturing plant at Raipur also includes a captive power plant with an aggregate installed capacity of five megawatts.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
6/30/2024	3/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
3312	Steel works, blast furnaces (including coke ovens), and rolling mills
3316	Cold-rolled steel sheet, strip, and bars

Business Names

Business Name
VRAJ
Vraj Iron and Steel Ltd

General Information

Number of Employees:	293	(As of 12/31/2023)
Outstanding Shares:	32,982,619	(As of 3/31/2024)
Stock Exchange:	NSE
Email Address:	info@vrajtmt.in

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