Hariom Pipe IPO Details – Hariom Pipe IPO price and dates are fixed. The opening date of Hariom Pipe IPO is 30 March 2022 and the closing date is 05 April 2022. The company is going to raise ₹130Cr through IPO and the issue type is a fresh issue. The Face of Hariom Pipe IPO is Rs 10/share. Reservation sequense are QIB=50%, NII=15% and RII=35%.
Hariom Pipe Industries Limited (Hariom Pipe) is a premium manufacturer of iron and steel products. Today, the company has gone from strength to strength, evolving into an integrated steel manufacturer with a stronghold in the South Indian market. With a diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems, our top-quality products cater to a variety of industrial applications across multiple sectors.
Hariom Pipe IPO Review
For Long Term:- Financial report of Hariom pipe is good you can go for long term.
For Listing Gain:- Vist our grey market premium section to see GMP of hariom pipe. If a premium is 50% then you can go for listing gain.
Hariom Pipe Financial Report ₹(in cr)
| Year | Revenue | PAT | Expense |
|---|---|---|---|
| 2019 | 134 | 8.02 | 122 |
| 2020 | 161 | 7.9 | 150 |
| 2021 | 255 | 15.13 | 234 |
Hariom Pipe IPO Date & Details
It is a Book building issue type IPO with IPO Size ₹200 Cr and it will list on NSE as well as in BSE.
| IPO Open Date | 30 Mar 2022 |
| IPO Close Date | 05 Apr 2022 |
| IPO Size | Apx ₹130 Cr |
| Issue Type | Book Building issue |
| Fresh Issue | Apx ₹130 Cr |
| Offer For sale | – |
| Face Value | ₹10/Equity share |
| Price Band | ₹144 to ₹153 |
| List On | NSE & BSE |
| DRHP | Click Here |
| GMP | Click Here |
Objective
- Capital Expenditure Requirements
- Working Capital Funding
Competators
- APL Apollo Tube
- HI-Tech Pipes
- Rama Steel Tubes
- JTL Infra
Hariom Pipe IPO Market Lot Size
In Hariom Pipe IPO Minimum 98 Shares in 1 lot with ₹14,994 application amount. If you want to come under retail investor then you can apply a maximum for 13 Lot, 194,922 shares with ₹191,800 application amount.
| Minimum Lot Size | 1 Lot, 98 Shares |
| Minimum Amount | ₹ 14,994 |
| Maximum Lot Size | 13 Lot, 1,274 Shares |
| Maximum Amount | ₹194,922 |
Reservation
The reservation for the Hariom Pipe IPO is like 50% is for QIB, 15% is for NII and 35% is for RII, employee quota is not shared. There is no reservation for employees.
| Category | Reservation(%) |
|---|---|
| QIB | 50% |
| NII | 15% |
| RII | 35% |
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IPO Time Table
Hariom Pipe IPO Listing Date is on 07 April 2022, opening and the closing date is 28 – 30 March 2022 and is as follows.
| IPO Open Date | 30 Mar 2022 |
| IPO Close Date | 05 April 2022 |
| Allotment Date | 08 April 2022 |
| Refund Date | 11 April 2022 |
| Credit to Demat Account | 12 April 2022 |
| Listing Date | 13 April 2022 |
About Company
Established in 1962, Headquartered in Hyderabad, Telangana, Hariom Pipe Industries involves itself in the trade of steel. The company has gone from strength to strength. It is now in a position of prominence within the South Indian region. Through its superior manufacturing processes and product portfolio, which includes mild steel (MS) billets, pipes and tubes, and hot-rolled (HR) coils this industry leader caters specifically to a variety of industrial applications across multiple sectors.
Lead Managers
- Systematix Corporate Services ltd
Promoters
- Rupesh Kumar Gupta
- Sailesh Gupta
Registrar
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8280
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Address
HariOm Pipe Industries Limited
Plot 3-4-174/12/2, 2nd Floor,
Samarpan Lane, Beside Spencer’s,
Pillar No. 125,
Attapur, Hyderabad – 500 048
Tel: +91 40 2401 6101
E-mail: cs@hariompipes.com
Website: www.hariompipes.com
FAQ
Q. What is the Price Band of Hariom Pipe IPO?
Q. What is the launch date of the Hariom Pipe IPO?
What is the size of the Hariom Pipe IPO?
What is the Hariom Pipe IPO allotment Date?
What is the listing date Of Hariom Pipe IPO?
How to Apply Hariom Pipe IPO through Zerodha?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Hariom Pipe IPO”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Hariom Pipe IPO through Upstox App?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Hariom Pipe IPO”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Hariom Pipe IPO Groww App?
2. Now you can see IPOs and Click on IPO.
3. You will see the IPO Name “Hariom Pipe IPO”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.
How to Apply Hariom Pipe IPO through Paytm Money App?
2. Now you can see Invest is IPOs Section and Click on IPO.
3. You will see the IPO Name “Hariom Pipe IPO”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.