Venus Pipes IPO date is fixed, the IPO is to hit the market on May 11 and will close on May 13, 2022. Venus Pipes & Tubes IPO to raise around ₹165 crores via IPO that comprises fresh issue of ₹165 crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
Gujarat Based Venus Pipes Limited is a manufacturer and exporter of stainless steel tubular products like stainless steel pipes and tubes. The company's manufacturing plant is located in Kutch, Gujarat, The production facility is spread across 11 acres area. They have an installed capacity of 10,800 MT per annum. The company has a global presence in more than 18 countries internationally.
Venus Pipes product range includes Stainless Steel High Precision and Heat Exchanger Tubes, Stainless Steel Hydraulic and Instrumentation Tubes, Stainless Steel Seamless Pipes, Stainless Steel Welded Pipes, and Stainless Steel Box Pipes. They sell their products in local markets of India and countries including Brazil, the UK, Israel, and European Union, etc. You can check Venus Pipes IPO subscription status and Venus Pipes IPO allotment status on their respective pages.
Venus Pipes IPO Important Details:
- Specialization in stainless steel tubular products.
- Exporting their products in 18 countries internationally.
- The production facility is spread across 11 acres area based in Kutch.
- The production capacity of 10,800 MT per annum.
- With a highly dedicated and young team, They aim to become the forerunner of the tubular solutions industry.
Venus Pipes IPO Review (Good or Bad)
- May Apply
- Not Rated
Venus Pipes IPO Date & Price Band
|Venus Pipes IPO Open:||May 11, 2022|
|Venus Pipes IPO Close:||May 13, 2022|
|Venus Pipes IPO Size:||Approx ₹165 Crores|
|Fresh Issue:||Approx ₹165 Crores|
|Offer for Sale:||Approx [.] Equity Shares|
|Face Value:||₹10 Per Equity Share|
|Venus Pipes IPO Price Band:||₹310 to ₹326 Per Share|
|Venus Pipes IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
Venus Pipes IPO Lot Size
The Venus Pipes IPO minimum market lot is 46 shares with ₹14,996 application amount. The retail investors can apply up-to 13 lots with 598 shares or ₹194,948 amount.
|Minimum Lot Size:||Minimum 46 Shares for 1 lot|
|Minimum Amount:||₹14,996 for 1 lot|
|Maximum Lot Size:||Maximum 598 Shares for 13 lot|
|Maximum Amount:||₹194,948 for 13 lot|
Venus Pipes IPO Allotment & Listing Dates
The Venus Pipes IPO date is May 11 and the close date is May 13. The Venus Pipes IPO allotment will be finalized on May 19 and the IPO listing on May 24.
|Price Band Announcement:||May 05, 2022|
|Anchor Investors Allotment:||May 10, 2022|
|Venus Pipes IPO Open Date:||May 11, 2022|
|Venus Pipes IPO Close Date:||May 13, 2022|
|Basis of Allotment:||May 19, 2022|
|Refunds:||May 20, 2022|
|Credit to Demat Account:||May 23, 2022|
|Venus Pipes IPO Listing Date:||May 24, 2022|
Venus Pipes IPO Form
How to apply for the Venus Pipes IPO? You can apply for Venus Pipes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Venus Pipes IPO in the Invest section. The other option is you can apply for Venus Pipes IPO via IPO forms download via NSE and BSE. Check out the Venus Pipes forms - Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Venus Pipes Company Financial Report
|₹ in Crores|
Venus Pipes IPO Valuation - FY2021
Check Venus Pipes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹18.04 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||59.18%|
|Net Asset Value (NAV):||₹30.48 per Equity Share|
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- Megharam Sagramji Choudhary
- Jayantiram Motiram Choudhary
- Dhruv Mahendrakumar Patel
- Arun Axaykumar Kothari
Venus Pipes IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Venus Pipes IPO Allotment Status CheckCheck Venus Pipes IPO allotment status on KFintech website allotment URL. Click Here
Venus Pipes IPO Lead Managers
- Emkay Global Financial Services Ltd
- InCred Capital Financial Services Pvt Ltd
Venus Pipes Limited
Survey No. 233/2 and 234/1, Dhaneti
Bhuj, Kachchh - 370020 Gujarat
Phone: +91 2836 232 183/84