The IPO of Vraj Iron & Steel Industries Ltd has seen an overwhelming response, being subscribed about 47 times on its last day. The portion reserved for High Net-worth Individuals (HNIs) was booked 112 times, reflecting strong investor confidence. Retail investors also showed significant interest. The Grey Market Premium (GMP) of the IPO has risen, indicating positive market sentiment. This strong subscription suggests a robust debut on the stock market, underlining the company's growth potential and attractiveness to investors.