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Home All IPOs Venus Pipes & Tubes Ltd. IPO
Venus Pipes & Tubes Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹326
Issue Price
₹326
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹326
GMP based
Lot Size
46
shares / lot
Min Amount
₹14,996
1 lot · 46 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
11 May 2022
Wed Completed
Done
Close Date
13 May 2022
Fri Completed
Done
Allotment
19 May 2022
Thu Completed
Done
Refund
20 May 2022
Fri Completed
Done
Demat Credit
23 May 2022
Mon Completed
Done
Listing Date
24 May 2022
Tue Completed
UPI Deadline: 13 May 2022
Issue Details
Pricing & Size
Issue Price
₹326 Face ₹10
Lot Size
46 shares
Min Investment
₹14,996
Total Issue Size
50,74,100 shares (aggregating up to ₹165.42 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
25,37,050 (50.00%)
NII / HNI
7,61,115 (15.00%)
Retail
17,75,935 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
1,52,22,010 shares
Post-Issue Shareholding
2,02,96,110 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 46 ₹14,996
HNI / NII 14 644 ₹2,09,944
bHNI / bNII 67 3,082 ₹10,04,732
Objects of Issue
3 objectives
1
1 Financing the project cost towards capacity expansion and backward integration for manufacturing of Hollow Pipes
111.58 Cr
2
2 To meet the long term working capital requirements
25.00 Cr
3
3 General corporate purposes
14.95 Cr
Lead Managers & Market Maker
Book Running Lead Managers
SMC Capitals Ltd.
IPO Timeline
Open
11 May
✓ Done
Close
13 May
✓ Done
Allotment
19 May
✓ Done
Listing
24 May
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
venus.ipo@kfintech.com
Company Contact
Email
cs@venuspipes.com
Phone
+91 2836 232 183/84
Address
Survey No. 233/2 and 234/1, Dhaneti Bhuj, Kachchh - 370020 Gujarat Bhuj, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹326
Est. Listing
₹326
Lot Size
46 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Venus Pipes & Tubes Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹326
GMP
+₹0 (+0%)
GMP Est. Listing
₹326
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 25,37,050 (50.00%) ₹8,270.78 Cr
NII / HNI (Total) 7,61,115 (15.00%) ₹2,481.24 Cr
Retail Investors 17,75,935 (35.00%) ₹5,789.55 Cr
Total ** 50,74,100 (100.00%) ₹165,415.66 Cr
* Based on ₹326.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
25,37,050 (50.00%)
NII
7,61,115 (15.00%)
Retail
17,75,935 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Dec-2131-Mar-2131-Mar-20
Revenue278.28312.03179.32
PAT23.6023.634.13
EBITDA
Net Worth
Total Assets246.28137.54107.19
Reserves
Borrowings
Key Financial Ratios
21.03
Pre P/E
P/E Pre-Issue
About Venus Pipes & Tubes Ltd.

Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes.

Venus Pipes & Tubes Limited has one manufacturing plant which is located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) with an installed capacity of 10,800 MT per annum.

The company sells products in both domestic and international markets. Venus Pipes & Tubes exports its products to 18 countries including Brazil, the UK, Israel and countries in the European Union, etc.

Competitive Strengths:

  1. International Accreditations and product approvals.
  2. Specialised production of Stainless Steel Pipes and Tubes.
  3. Multi-fold demand for our Products.
  4. Customer Diversification.
  5. Experienced and Qualified Team.
Frequently Asked Questions
What is the issue price of Venus Pipes & Tubes Ltd. IPO?
The issue price of Venus Pipes & Tubes Ltd. IPO is ₹326 per share, face value ₹10.
What is the lot size?
Minimum lot size is 46 shares, requiring ₹14,996.
What are the IPO dates?
Opens 11 May 2022, closes 13 May 2022.
When is the listing date?
Tentative listing: 24 May 2022 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹326 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Venus Pipes & Tubes Ltd. IPO · Expected 19 May 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
19 May 2022
Refund Initiation
20 May 2022
Demat Credit
23 May 2022
Listing Date
24 May 2022
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹326
Face ₹10
Lot Size
46
shares / lot
Min Amount
₹14,996
1 lot
Est. Listing
₹326
GMP +₹0
Key Dates
Open
11 May Done
Close
13 May Done
Listing
24 May Done
Registrar
Kfin Technologies Ltd.
A
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