Sub-Ionospheric Very Low Frequency (VLF) radio wave propagation characteristics are the major tool to study the lower ionospheric heights mainly D-region. Wait’s 2-component exponential model is a well-known mechanism to understand the basic characteristics of this layer based on VLF remote sensing. This model deals with two major ionospheric parameters, namely, ‘steepness parameter’ (β) and ‘effective reflection height’ (h′). ‘International Reference Ionospheric (IRI)’ is a famous model for the terrestrial ionosphere that provides mostly the altitude profile temperature of the electron and ions globally. In this manuscript, we use such electron density profiles based on IRI outcomes during a quiet ionospheric condition. We choose our VLF reception location ‘Ionospheric and Earthquake Research Center & Optical Observatory’ (IERCOO), Sitapur (Lat 22.5° N, Lon 87.48° E) to compute the electron density from IRI model. By using the Wait’s exponential model with a log-linear fitting of electron density, we compute the β and h′ from their fundamental definition. With an automation technique, we repeat this process several times and generate a complete data set of such parameters for different time of the day during the summer and winter seasons of the year 2016. To get a qualitative comparison with the VLF signal amplitude variation with β and h′, we choose the Indian VLF transmitter VTX of frequency 18.2 kHz (Lat 8.26°N and 77.44°E). By computing similar data sets for other four receiving locations in India, we replicate the VLF signal amplitude profiles using Long Wavelength Propagation Capability (LWPC) model which matches with the observed signal profile satisfactorily.